Lahore FM 23:50 GMT April 5, 2009
off for a break...
Lahore FM 23:48 GMT April 5, 2009
03/18/2009 18:40:20 FM Lahore 324
Lahore FM 17:04 GMT March 18, 2009
Trade Ideas: Reply
892.85 half long gold stopped for some 15+ dollar profit on entry.long again at 890 now.
half out at 924.75 for 34 dolls 75 cents.stops to entry on rest.
stopped for 1/2 long 890 at entry for net gain of 34 dolls 75 cents.
Syd 23:35 GMT April 5, 2009
FM... todays data ... if last months anything to go by very much of the same ... general public worried about losing jobs so dont think they will be expecting the economy to be racing ahead any time soon, I was looking at a housing chart 1988 -2009 it flatline for several years before the boom times and could very well happen again here.
AiG Construction Index Mar prev 29.5
TD-MI Inflation Gauge Mar prev 0.7%
ANZ Job Ads Mar prev â€“10.4%
Lahore FM 23:17 GMT April 5, 2009
Syd,what is your own feel for aussie inflation picture...we have some inflation figs out shortly at 0030 i think!
Beijing hoho 23:15 GMT April 5, 2009
Thanks for this valuable information...
Lahore FM 23:08 GMT April 5, 2009
IMF gold slaes are always well timed with gold price rises.i recall sales from mid 90's when we were still at 350 dolls a troy ounce.guess gold would fetch good money for imf at 1000 and then we go to 1200.
Syd 23:02 GMT April 5, 2009
Group of 20 industrial and developing nations last week said the IMF will raise $50 billion for aid to the poorest countries, with part of that money expected to come from IMF gold sales.
Syd 22:55 GMT April 5, 2009
Peter Jolly, head of research at nabcapital, says market has reacted to an article in Saturday's Australian Financial Review by noted RBA watcher Alan Mitchell, which said a 50 bps rate cut is now the most likely outcome of Tuesday's meeting. But Jolly says it is hard to be sure of anything ahead of the meeting, with mixed views abounding and plenty of economists looking for no change in rates.
London NJ 22:48 GMT April 5, 2009
Lahore FM 22:45 GMT April 5, 2009
Trade Of The Month - April
Bought gold 894.90 now.stops tentative at 875.target 1000+.halfway close at 950 for 1/2.
Lahore FM 22:34 GMT April 5, 2009
04/03/2009 18:51:48 FM Lahore 5
Lahore FM 16:38 GMT April 3, 2009
Trade Ideas: Reply
short usdjpy 100.09 scalp stop 100.32.
stopped for minus 25.
sold audusd 0.7145.stops at 80.
stoped at 0.7180 bid for minus 39.
thanx Syd!!!will see about selling aud again sometime around rba time.
Syd 21:59 GMT April 5, 2009
Lahore FM 21:53 hi there, all over the news reports on tv this morning talk that they have changed there minds , they have probably had a look at the employment data !! :-))
talk of 50bp cut - but some are still of the view for nothing, RBA watcher in the AFR see possible cut also a lot of talk here of Banks helping the unemployed with concessionson mortgages - no smoke without fire! someone is expecting some large numbers down the road in unemployment . Good Trades and thanks for all your work on the forum.
Lahore FM 21:53 GMT April 5, 2009
Syd,what sorta cut rba giving us tomm you think?
Syd 21:45 GMT April 5, 2009
Swiss slide into deflation signals the next chapter of this global crisis
Watch Switzerland closely. It is tipping into deflation, the first Western country to succumb to Japan's disease Here lies the danger. If other countries try to export deflation by this means, we will face a second phase of the global crisis. Taiwan is already devaluing. Korea, Singapore, and Sweden all seem tempted to follow. Japan is chomping at the bit. LINK
US SW 20:42 GMT April 5, 2009
THAX FM....for the time and Prints
bos rc 20:35 GMT April 5, 2009
as of now usdjpy
Lahore FM 20:22 GMT April 5, 2009
US SW 20:18 GMT April 5, 2009
Entry: OPEN Target: 101.99 Stop:
Anyone know were the Yen is trading in other time zones...would be much appriciated....SW
Lahore FM 19:35 GMT April 5, 2009
Bay,i favour buy for both pairs.usdcad might spend a day or two it seems under 1.2400 though.eurgbp can rise directly.
usa bay 19:29 GMT April 5, 2009
Can you share your view on eur/gbp and usd/cad please, I think the former is a buy and the latter is a sell. Tia
PAR 19:26 GMT April 5, 2009
WASHINGTON â€” Lawrence H. Summers, the top economic adviser to President Obama, earned more than $5 million last year from the hedge fund D. E. Shaw and collected $2.7 million in speaking fees from Wall Street companies that received government bailout money, the White House disclosed Friday in releasing financial information about top officials.
Mr. Summers, the director of the National Economic Council, wields important influence over Mr. Obamaâ€™s policy decisions for the troubled financial industry, including firms from which he recently received payments.
Treasury Secretary Nominee Lawrence Summers
Last year, he reported making 40 paid appearances, including a $135,000 speech to the investment firm Goldman Sachs, in addition to his earnings from the hedge fund, a sector the administration is trying to regulate.
The White House released hundreds of pages of financial disclosure forms, which are required of all West Wing officials. A White House spokesman, Ben LaBolt, said the compensation was not a conflict for Mr. Summers, adding it was not surprising because he was â€świdely recognized as one of the countryâ€™s most distinguished economists.â€ť
Mr. Summersâ€™s role at the White House includes advising Mr. Obama on whether â€” and how â€” to tighten regulation of hedge funds, which engage in highly sophisticated financial trading that many analysts have said contributed to the economic collapse.
Lahore FM 19:14 GMT April 5, 2009
usdjpy lower apparently on sell the fact nk missile...
AZUSA 4x-ed 18:06 GMT April 5, 2009
Haifa ac, "probably" in this case should be qualified by a disclaimer (i.e., 'Krugman economics were applied as per the chart above').
In either case, since you are keeping it 'real', it may not hurt to simply state that copper is and will be worth what the market is willing to pay.
Melbourne Qindex 10:42 GMT April 5, 2009
Entry: Target: Stop:
Gold : Heading Towards 864.6
As shown in the monthly cycle charts the market is heading towards 864.6. Speculative selling pressure will increase when the market is trading below the weekly cycle pivot center at 856.5.
Gold : Monthly Cycle Charts
Haifa ac 10:39 GMT April 5, 2009
Syd 06:40 GMT April 5, 2009
North Korea launch spurs UN crisis talks: Reply //
Obama surely has more luck than brains.
Syd 06:50 GMT April 5, 2009
Syd 06:40 GMT April 5, 2009
THE UN Security Council is expected to convene later today in emergency session after North Korea today put a satellite into orbit, confirming for the first time its capability to successfully launch a long-range ballistic missile.
Japanâ€™s UN ambassador Yukio Takasu called for the Security Council meeting this afternoon, complaining that the launch breached Security Council adopted after North Koreaâ€™s previous long-range missile test in July 2006 and its explosion of a small atomic bomb four months later.