[ARCHIVE] FOREX - Trends, Forecasts and Consequences (Episode 14: April 2012) - page 71

New comment
 
Bravo!!! BRAVO!!! And yet it spins))) Worked off 3092, getting ready for the whole depot to go north to 3214-3245 at least.
 
oleniknik:
eh we are about to cross the threshold to buyers hell ..... oh and there will be ... )))) or vice versa ))))

I doubt it... covered... good for today...
 
If it goes flat now, it's 100 per cent likely to Gap up on Monday.
 
SEVER11:
news for euros http://top.rbc.ru/economics/13/04/2012/646312.shtml
the problem is not credit but liquidity... Merkel gave a co-speech yesterday that the people of Germany will not allow deflation, they remember the 20s... Which means that if deflation is on the horizon, Germany will withdraw from the euroo... by the way, there was a failed auction of German debt securities the day before yesterday... so the road down is booked, as soon as the news negative comes out, the fall will intensify
 
Vizard:

I doubt it... covered... good for today...
well done! on monday at the same pace upwards
 
margaret:
the problem is not credit but liquidity... Merkel gave a co-speech yesterday that the people of Germany will not allow deflation, they remember the 20s... Which means that if deflation is on the horizon, Germany will withdraw from the euroo... by the way, there was a failed auction of German debt securities the day before yesterday... so the road down is booked, as soon as the news negative comes out, the fall will intensify
don't scare people. "We're creeping upwards. Apparently I will not see 1.2900 worth of poor since 19.01.2012.
 
For Europe, the unexpectedly sharp slowdown in China's economic growth makes particular sense. Given Europe's fixation on fiscal consolidation, I can't help but wonder where aggregate demand will come from. If the global economy grows at a robust pace, Europe will be supported. However, the cooling in China can easily be extrapolated to emerging markets in general and other fast-growing economies as well. European economies may contract faster than expected, governments may not be able to keep up with their fiscal measures, the deficit-to-GDP ratio may increase, savings will need to rise again and the vicious circle will be broken. Not surprisingly, the Spanish stock market has fallen to new three-year lows. The five-year credit default swaps on Spanish government bonds have reached new yearly highs and are approaching the historic highs set last November just above the 491 mark. LTRO? What LTRO?

Italy reported a 0.7% fall in output in February. It had been expected that the fall would not exceed 0.2%. However, even the actual published value still does not fully reflect the severity of the situation. Manufacturing output fell in February by 1.1% after a fall of 0.9% in January, when the total output fell by 2.6%. The Italian stock market has lost 4.7% in the last five sessions. Also yesterday, the US Federal Reserve announced that investments in government bonds of foreign CBs in its accounts reached a record high last week. The total exceeded $2.759 trillion - the previous record high set in August last year. We should not be surprised if a new record is set next week.

Interestingly, 55% of the $5.048 trillion in U.S. government bonds are held in trust by foreign investors at the Fed. Since mid-January there is an increase of $100bn in assets held in trust. Presumably the good results from the refinancing of government bonds this week, the assets in asset custody and yesterday's news that Chinese reserves increased by 124 billion dollars in the 1st quarter (cum trade surplus reached 2.15 billion dollars) should dispel concerns that low yields on US government bonds are scaring off buyers. Finally, let's touch on developments in the emerging world. South Korea's central bank has left policy unchanged, but central bank chairman Kim sounded slightly more aggressive than before. Clearly, many are breathing a sigh of relief to learn that North Korea's missile test has ended in failure. The surprise was Singapore's decision to tighten its monetary policy. How the Chinese economy would fare was still unclear, many believed that Singapore would rather wait and see. Meanwhile, Singapore's economic statistics came out better than forecast: Q1 GDP grew 9.9% q/q, while retail sales soared 19% y/y.

Mark Chandler, Brown Brothers Harriman

 
It could go up at any time, be careful of waiting
 
MobileMan:
put the TP at sells at 1.3070
well here you go.... taken from
1...646566676869707172737475767778...165
New comment
Reason: