Syd 23:13 GMT January 3, 2010
Reply
Jan. 3 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said the central bank’s low interest rates didn’t cause the past decade’s housing bubble and that better regulation would have been more effective in limiting the boom
http://www.bloomberg.com/apps/news?pid=20601087&sid=auCLZh_HZf9E&pos=1
Syd 23:08 GMT January 3, 2010
Reply
“We’re raising your taxes to do it,” Brown told the British Broadcasting Corp.’s Andrew Marr Show today. “You will have to pay more in the top rate of tax to do it. We can still spend more on health, more on education, more on the police. It’s a balance between efficiency, borrowing and tax changes.”
http://www.bloomberg.com/apps/news?pid=20601068&sid=awEMaJLBLQ28
Hollister, MO 23:04 GMT January 3, 2010
But, what if China has been doing a bit of fudging concerning their recent growth rates and are using that "appetite" to continue to expand facilities for future productions for exports?
Won't be quite as hungry I suspect.
Just a thought.
F. Prefect
Lahore FM 22:16 GMT January 3, 2010
12/31/2009 07:41:50 FM Lahore 20
Sell gbpusd
Entry: Target: Stop:
short gbpusd now at 1.6115.
--
closed for 1 pip gain.
Lahore FM 22:13 GMT January 3, 2010
12/31/2009 12:20:31 FM Lahore 15
Sell gbpusd
Entry: 1.6195 Target: Stop: 1.6260
sold a second position.
--
let us start 2010 with a t/p.
closed 1.6195 short 1/2 at 1.6111,stops to entry on remainder now.t/p open for remainder 1/2.
Syd 21:16 GMT January 3, 2010
Reply
China Still Has Appetite for M&ALINK
German Bonds: a Haven That Might Not Be so Safe
LINK
dc CB 15:21 GMT January 3, 2010
Reply
Investors have reemerged with brute force in the Washington region's real estate market over the past few months, triggering bidding wars in some neighborhoods teeming with foreclosed properties and hindering traditional home buyers.....
Cash-rich real estate investors trigger bidding wars
Hong Kong Qindex 10:49 GMT January 3, 2010
Sell GBP/AUD
Entry: Target: Stop:
GBP/AUD : Resistrance at 1.8181
The current expected trading range from the monthly cycle charts is 1.7059 - 1.8067. A resistant point is located at 1.8181. The monthly cycle congested area indicates that the market has a tendency to trade within 1.6555 - 1.8283. Sell on rakkies is the preferred trading strategy.
GBP/AUD : Monthly Cycle Charts
http://www.qindex.com/gbp-aud.html
Hong Kong Qindex 08:40 GMT January 3, 2010
Buy Gold
Entry: Target: Stop:
Gold : Resistant Point at 1188.5
As shown in the monthly cycle directional indicator the market is stable when it is above 1051.0. Speculative buying interest will increase when the market is above the weekly cycle pivot center at 1129.2. A resistant point is located at 1188.5.
Gold : Monthly Cycle Charts
http://www.qindex.com/gc.html
dc CB 00:25 GMT January 3, 2010
Reply
from Sat's Wash Post, front page above the fold.
BEIJING -- China's state-owned banks have become a main engine of the global recovery, financing the construction of copper mines, purchase of airplanes, expansion of retail stores and other projects even as their U.S. and European counterparts scale back lending.
Chinese banks find their credit in high demand
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