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Forex Forum Archive for 10/02/2011

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HK [email protected] 23:59 GMT October 2, 2011
The Texan who made millions on the credit crunch… and is set to multiply his fortune by 700 times

KL KL 23:52 GMT October 2, 2011

I guess that not many followed what he did.

So likely he will be paid.

Open 23:58 GMT October 2, 2011 Reply   

EUR/USD May Recover Slightly In Asia

KL KL 23:52 GMT October 2, 2011
The Texan who made millions on the credit crunch… and is set to multiply his fortune by 700 times

HK RF

I am always curious what if the Insurer and the insurer of Insurer also Collapse like AIG .....and cannot pay. Those who bet using them also lose their money....I think lots of new rules DO appear after the event.....so perhaps this time he may not be so lucky...my 2 cents!!

GVI Forex john 23:50 GMT October 2, 2011
ALERT- Japan Tankan Survey
Reply   

-- ALERT --
Japan Tankan Survey 3Q011
Big Mfg 2 vs. 2 exp. vs. -9 prev.


TTN: Live News Special Offer

Syd 23:48 GMT October 2, 2011
Thousands rally against Portugal's austerity plans
Reply   
Tens of thousands of people rallied in Portugal Saturday against the government's austerity measures, protest organisers said, amid projections that the economic situation was far worse than expected.

"I am fighting not only for my rights but also for the rights of my children and grand-children," said a retiree, who came to Lisbon on one of the chartered buses.

HK [email protected] 23:37 GMT October 2, 2011
The Texan who made millions on the credit crunch… and is set to multiply his fortune by 700 times
Reply   
Kyle Bass founded hedge fund after Wall Street stint
Gambled against sub-prime mortgage bond market
He has now started to bet against European countries
Set to increase money by 650 times from Greece bet

Investor Kyle Bass has already made millions from the credit crunch and he is set to increase his money by almost 650 times from a Greek default.

He founded hedge fund Hayman Capital in Dallas, Texas, in 2006 in his late 30s after saving $10million from selling bonds for Wall Street firms.
He made millions gambling against the sub-prime mortgage bond market - and now he’s betting on the collapse of whole countries in Europe.

He believes Greece, Portugal, Ireland, Switzerland, Italy and Spain are the countries least likely to be able to pay off their debts.
He bought Greek default insurance for 11 basis points - meaning insuring $1m of bonds would cost $1,100 dollars a year.

A Greek default would make it pay down its debt by around 70 per cent, meaning every $1,100 bet would net him an astonishing $700,000, Mr Bass said.

Mr Bass, who lives in a 40,000 sq ft house, has also bought 20 million nickels for $1million. He said the metal inside each coin is worth 6.8 cents.
‘It may not be the end of the world,’ Mr Bass added. ‘But a lot of people are going to lose a lot of money. Our goal is not to be one of them.


Read more: http://www.dailymail.co.uk/news/article-2044363/Kyle-Bass-Meet-Texan-investor-millions-credit-crunch.html#ixzz1ZfdyTUZf

Syd 23:29 GMT October 2, 2011
Poll: Is the Euro Overvalued?
Reply   
http://www.cnbc.com/id/44750147

Syd 23:26 GMT October 2, 2011
Almost 5,000 SAM-7 missiles missing in Libya
Reply   
BENGHAZI, Libya (AFP) - Almost 7,000 SAM-7 anti-aircraft missiles from ousted Libyan strongman Muammer Gaddafi’s arsenal have gone missing, a military official of the country’s new leadership said on Saturday. “Gaddafi’s Libya bought about 20,000 SAM-7 missiles, Soviet- or Bulgarian-manufactured,”

General Mohammed Adia, in charge of armaments at the defence ministry, said at a symbolic ceremony to disable some of the stockpile.

Syd 23:05 GMT October 2, 2011
Protectionism beckons as leaders push world into Depression
Reply   
The world savings rate has surpassed its modern-era high of 24pc. This is the killer in the global system. It is why we are at imminent risk of tipping into a second, deeper leg of intractable depression.

Credit default swaps on lenders as far afield as China and Australia, countries that until recently seemed immune to the chaos, have doubled in the last two months to levels not seen since the financial crisis.

Syd 22:59 GMT October 2, 2011
RBNZ Bollard: Expects More Disruption, Fragility Ahead, Largely Originating Offshore
Reply   
DJ RBNZ Bollard: Real Risk Global Activity Could Slow Sharply

HK [email protected] 22:49 GMT October 2, 2011
Greece on course to miss deficit target
Reply   
Greece's deficit is forecast to hit 8.5% of GDP this year – missing the 7.6% target set by the EU and IMF

http://www.guardian.co.uk/business/2011/oct/02/greece-to-miss-deficit-target

GVI Forex john 22:46 GMT October 2, 2011
Trade Talk- Whats Moving Markets

Japanese Quarterly Tankan Survey due in about an hour...

GVI Forex john 22:44 GMT October 2, 2011
Trade Talk- Whats Moving Markets



Australian PMI Weak...

dc CB 22:42 GMT October 2, 2011
Protectionism beckons as leaders push world into Depression

The world savings rate has surpassed its modern-era high of 24pc. This is the killer in the global system. It is why we are at imminent risk of tipping into a second, deeper leg of intractable depression.
_____________________________________________________

The way I look at it --- this is a direct result of the Zero Rate interest policy. If rates of return were allowed to go back to normal....and "saved" capital was paid a decent rate of return....people would spend as their capital would be "working " for them. The fact that savings makes NO return and worse a negative....forces ZERO Spending.


GVI Forex john 22:39 GMT October 2, 2011
Trade Talk- Whats Moving Markets

Australia PMI 42.3 vs. 43.3

Syd 22:37 GMT October 2, 2011
Australian Dollar Triangle Pattern A Possibility
Reply   
Market analysts at censored suggest the Australian dollar may be forming a triangle pattern against the greenback, which would indicate a tighter range before a break to a new low.

Syd 22:31 GMT October 2, 2011
Delhi Games legacy is one of debt and crime
Reply   
The Delhi Games fiasco has exposed to the world the inherent dangers of doing business in the subcontinent; a message those already stung say must not go unheeded in the Gillard government's upcoming white paper on "Australia in the Asian Century".

The four highest-ranking officials from last year's Games, including chairman Suresh Kalmadi, and at least six local government officers and private company executives are in jail on corruption charges.

Six Australian contractors to the Games are fighting to recover a combined $22 million in unpaid debts. Some are also battling breach-of-contract allegations from a revisionist organising committee trying to claw back money already paid. The total debt owed to 20 contractors is more than $85m.

Syd 22:25 GMT October 2, 2011
Protectionism beckons as leaders push world into Depression
Reply   
The world savings rate has surpassed its modern-era high of 24pc. This is the killer in the global system. It is why we are at imminent risk of tipping into a second, deeper leg of intractable depression.

LINK Ambrose Evans-Pritchard,

Syd 22:18 GMT October 2, 2011
Cut rates or we cut staff, retailers warn RBA
Reply   
Major retailers will be forced to lay off staff and bring forward their Christmas sales unless the Reserve Bank of Australia cuts official interest rates tomorrow, according to the Australian Retailers Association.

links

Syd 21:50 GMT October 2, 2011
Home Secretary: 'Scrap Human Rights Act'
Reply   
The Government has already agreed to set up a commission on a British Bill of Rights, which if implemented could replace the Human Rights Act.

LINK

User 21:42 GMT October 2, 2011 Reply   

TRADING SIGNALS

la la 21:34 GMT October 2, 2011
EUR

Res starts around 1.3360

Open 21:26 GMT October 2, 2011 Reply   

NZD/USD Remains Under Pressure; Support At 0.7565

London SFH 21:20 GMT October 2, 2011
cable
Reply   
sold at 1.5560 looking for sub 1,50 00 in coming days this week

Cambridge Joe 21:16 GMT October 2, 2011
EUR

lala.... if you flick to the 1 min chart... put the cursor to the mkt close, it will show you the close price and from that you will see the drop.

Syd 21:10 GMT October 2, 2011
Chinese Communist Party Newspaper Has A Message For Europe
Reply   
This commentary suggests that Chinese preoccupation with the eurozone crisis is escalating. It follows discussions last month among BRICS countries (Brazil, Russia, India, China, and South Africa) on lending to Europe to stabilize markets. BRICS leaders ultimately pointed to the G20 as the proper organization to carry out such an action.


China has around $3.05 trillion in foreign currency reserves according to Reuters, and stands to lose big in an escalating eurozone crisis.

la la 21:04 GMT October 2, 2011
EUR

What was the Friday low that forms the gap?

Syd 20:29 GMT October 2, 2011
Mad Hatter's tea party that is the eurozone crisis
Reply   
Alice in Wonderland has nothing on the absurd world of Europe's financial policymakers
www.guardian.co.uk/business/2011/oct/02/economics-debt-crisis?CMP=twt_fd

GVI Forex john 19:47 GMT October 2, 2011
Westpac NZ Outlook
Reply   
Market outlook
AUD/USD and NZD/USD outlook next 24 hours: The Australian holiday today will reduce liquidity for AUD and NZD. AUD is close to major support at 0.9620 and a break points next to 0.9540.

NZD should continue lower to the 0.7500 area although its performance on Friday warns against shorting here.

GVI Forex john 19:41 GMT October 2, 2011
USD Bollinger Bands
Reply   

        EURUSD	USDJPY	USDCHF	GBPUSD	USDCAD	AUDUSD
20d SD	0.0218	0.39	0.0322	0.0210	0.0209	0.0323
3 StdD	1.4355	78.01	0.9781	1.6357	1.0674	1.1135
2 StdD	1.4137	77.62	0.9459	1.6147	1.0465	1.0811
1 StdD	1.3919	77.24	0.9137	1.5938	1.0256	1.0488
						
20day	1.3701	76.85	0.8815	1.5728	1.0047	1.0165
						
1 StdD	1.3484	76.46	0.8494	1.5519	0.9837	0.9841
2 StdD	1.3266	76.08	0.8172	1.5309	0.9628	0.9518
3 StdD	1.3048	75.69	0.7850	1.5100	0.9419	0.9194

GVI Forex john 19:39 GMT October 2, 2011
Trade Talk- Whats Moving Markets

- As la la noted, the EURUSD is gapipng lower on the opening. Lets see if it lasts.
- Note Holidays Monday in Australia and China.

GVI Forex john 19:36 GMT October 2, 2011
Trade Talk- Whats Moving Markets
Reply   

  • Key Items- JP- Tankan Survey, EZ/GB Mfg PMI. US- PMI..

  • With quarter-end adjustments out of the way, expect fund managers to quickly get positions into place for the final push of the calendar year. 

  • Immediately out of the box, the closely followed quarterly Japanese Tankan Survey will be released. It provides a useful look into the Japanese economy. Australia is closed.

  • China will be closed all week for their Golden Days holidays.

  • Many key manufacturing PMI surveys (EZ, UK, U.S. and others) are slated for Monday as well.

  • We feel the focus will remain on Greece. The government  is expected to runs out of cash on October 15. However, the German FinMin said Germany will withhold approval of the next EUR 8bln tranche of funds until October 13 in order to pressure Athens to make reforms. 

  • It is our opinion is that Greece has been systematically under- estimating its future cash needs and figures it will deal with each future tranche as it comes. Germany knows this and wants to keep the pressure on them to cut expenses.

GVI Forex Blog 19:36 GMT October 2, 2011 Reply   
Key Items- JP- Tankan Survey, EZ/GB Mfg PMI. US- PMI.. With quarter-end adjustments out of the way, expect fund managers to quickly get positions into place for the final push of the calendar year. Immediately out of the box, the closely followed quarterly Japanese Tankan Survey will be released. It provides a useful look into the Japanese economy. Australia is closed.

Forex Trade Talk 00:00 GMT 3 October 2011

Lahore FM 19:31 GMT October 2, 2011
EUR

you might say la la!

Jay had already pointed out this possibility in a GVI Pro post of his!

la la 19:26 GMT October 2, 2011
EUR

A gap open?

Lahore FM 19:09 GMT October 2, 2011
EUR

la la its trading 1.3340.

la la 19:07 GMT October 2, 2011
EUR
Reply   
ANY. EURUSD PRICES YET? AUSSIE HOLIDAY.

Boston eFX 19:06 GMT October 2, 2011
Investors Remain Skeptical About Euro -CFTC
Reply   
(Dow Jones via eFXnews) Investors aren't convinced by the euro's recent signs of life.

Even as the euro was rallying off of its lows, speculative investors increased their bets against the common currency this week, according to a report from the U.S. Commodity Futures Trading Commission.

Speculative traders, who try to profit off of changes in exchange rates, still held .....

Investors Remain Skeptical About Euro -CFTC

GVI Forex john 19:03 GMT October 2, 2011
USD Pivot Points
Reply   

Pivots	EURUSD	USDJPY	USDCHF	GBPUSD	USDCAD	AUDUSD
Res 3	1.3744	78.07	0.9233	1.5796	1.0659	0.9911
Res 2	1.3673	77.63	0.9158	1.5730	1.0571	0.9859
Res 1	1.3534	77.35	0.9111	1.5661	1.0527	0.9769

Pivot	1.3463	76.91	0.9036	1.5595	1.0439	0.9717

Sup 1	1.3324	76.63	0.8989	1.5526	1.0395	0.9627
Sup 2	1.3253	76.19	0.8914	1.5460	1.0307	0.9575
Sup 3	1.3114	75.91	0.8867	1.5391	1.0263	0.9485

JERUSALEM KB 18:48 GMT October 2, 2011
Forex Trading Plan



Sell OTHER
Entry: Target: Stop:

dow jones
below 10387 may target 8843! i will not miss this trade .

Cambridge Joe 18:44 GMT October 2, 2011
Psst ! wanna buy some filthy cheap bank shares ?
Reply   
http://www.thebusinessedition.com/european-govts-bail-out-dexia-bank-1498/

European Govts Bail Out Dexia Bank
October 2, 2008
By Kalyani Mookherji for TheBusinessEdition Edit Desk
Dexia will receive 6.4 billion euros or $9.2 billion from the governments of France, Belgium and Luxembourg in order to avoid a financial collapse. This will make Dexia the second Belgian bank within a week to get a government and shareholder bail out following the crisis in banking sector which has now spread from the US to European markets.

Dexia is a French-Belgian lender which mainly provided loans to local governments in Europe. But the recent market meltdown in US left it with huge losses and on Monday, Dexia closed almost 30% lower on the stock market. This led to emergency negotiations between the bank and a consortium of European government officials. The CEO of Dexia, Alex Miller resigned immediately after the closing of talks and clarified that asking for state help was the only viable option left with Dexia to help it stay afloat.

The tri-government bail out of Dexia comes only two days after another Belgian-Dutch bank Fortis was pulled back from the brink by a rescue package of 11.2 billion euros or $16.4 billion by the governments of Belgium, Netherlands and Luxembourg. The near-collapse of so many finance firms in Europe is being seen as the direct consequence of the US market meltdown in which several major investment banks of Wall Street either went bankrupt or required external help to survive.

GVI Forex john 18:24 GMT October 2, 2011
USD Moving Averages
Reply   

9/30/2011

20:00

GMT

 

 

 

 

Latest

EURUSD

USDJPY

USDCHF

GBPUSD

USDCAD

AUDUSD

Last

1.3395

77.07

0.9063

1.5591

1.0482

0.9678

High

1.3602

77.19

0.9084

1.5665

1.0484

0.9808

Low

1.3392

76.47

0.8962

1.5530

1.0352

0.9666

Change

-0.0190

0.30

0.0089

-0.0011

0.0119

-0.0089

MVA

EURUSD

USDJPY

USDCHF

GBPUSD

USDCAD

AUDUSD

5 day

1.3524

76.70

0.9005

1.5591

1.0328

0.9789

10 day

1.3556

76.59

0.8983

1.5574

1.0208

0.9898

20 day

1.3701

76.85

0.8815

1.5728

1.0047

1.0165

50 day

1.4086

77.02

0.8233

1.6101

0.9871

1.0425

100 day

1.4194

78.74

0.8338

1.6145

0.9786

1.0535

200 day

1.4052

80.51

0.8795

1.6128

0.9783

1.0388

TREND

EURUSD

USDJPY

USDCHF

GBPUSD

USDCAD

AUDUSD

BIAS

Down

Down

Up

Down

Up

Down

 

JERUSALEM KB 17:47 GMT October 2, 2011
Forex Trading Plan



GBPUSD
Entry: Target: Stop:

waiting for support breakout to go short

JERUSALEM KB 17:47 GMT October 2, 2011
Forex Trading Plan



GBPUSD
Entry: Target: Stop:

h4 support breakout but should look for 1hr chart

JERUSALEM KB 17:40 GMT October 2, 2011
Forex Trading Plan



EURUSD
Entry: Target: Stop:

eurusd is highly possible to go as low as the green trend line(long term)

JERUSALEM KB 17:33 GMT October 2, 2011
Forex Trading Plan



USDCAD
Entry: Target: Stop:

it works stronger than expected and continuation after short consolation may target 1.1

JERUSALEM KB 17:31 GMT October 2, 2011
Forex Trading Plan



USDCAD
Entry: Target: Stop:

JERUSALEM KB 21:33:23 GMT - 09/21/2011

USDCAD
Entry: Target: Stop:

weekly close above 1.0026 will be a strong breakout for mention fib targets

JERUSALEM KB 17:23 GMT October 2, 2011
Forex Trading Plan



USDCHF
Entry: Target: Stop:

usdchf monthly chart find a bottom exactly at 423.6 fib and now may heading to 261.8 (long/loooong term) with short term target at 0.9650.
don`t have a stop for this trade yet.

Boston eFX 15:42 GMT October 2, 2011
FOREX WEEK AHEAD: Apres Bailout Votes, Le Deluge
Reply   
(Dow Jones via eFXnews) So much for a relief rally.

The euro zone's slow trudge toward boosting its rescue fund isn't providing much support for a battered euro. There's more to come on that front, but traders are already looking beyond the bailout's progress to a.....

Apres Bailout Votes, Le Deluge (Full Story)

Hong Kong Qindex 15:35 GMT October 2, 2011
Nikkei-225 (8575) : Critical Point 8170
Reply   
Nikkei-225 (8575) : Critical Point 8170


The market is under pressure when it is below the weekly cycle pivot centers at 8321 - 8509 - 8703. Speculative selling pressure will increase when the market downward trending momentum is strong enough to penetrate through the critical point at 8170.


Qindex


http://www.youtube.com/watch?v=dZEGYpXE5B4

Nikkei-225 : Monthly Cycle Charts

GVI Forex john 15:14 GMT October 2, 2011
Five Day Trading Ranges
Reply   
NEW Trading tool suggested by FF member, for range trading. Pip trading range for major pairs.

9/30/2011

Daily Ranges

5 days

USDJPY

USDCAD

AUDUSD

NZDUSD

 

9/26/2011

55

129

226

173

 

9/27/2011

60

141

213

195

 

9/28/2011

56

141

180

146

 

9/29/2011

64

148

181

185

 

9/30/2011

72

132

142

100

 

5-day avg

64

136

191

162

 

 

 

 

 

 

 

5 days

EURUSD

EURJPY

EURCHF

EURGBP

 

9/26/2011

188

181

98

95

 

9/27/2011

191

208

60

44

 

9/28/2011

150

100

49

69

 

9/29/2011

160

159

38

52

 

9/30/2011

210

139

80

133

 

5-day avg

175

156

70

79

 

 

 

 

 

 

 

5 days

USDCHF

GBPUSD

GBPJPY

CHFJPY

GBPCHF

9/26/2011

139

139

112

131

129

9/27/2011

134

180

190

160

76

9/28/2011

77

105

124

83

99

9/29/2011

105

174

203

131

78

9/30/2011

122

135

166

80

167

5-day avg

111

147

161

115

108

 

Santorini VA 15:11 GMT October 2, 2011
GREECE
Reply   
Die Welt, German newspaper estimates that Germany has to pay to Greece around 115 billion euros for war compensation. Above this has also to pay for the compulsory loan occupied German forces took from Greek Govt plus the value of Gold stolen from national treasury. Here we go, give us the money and we hv no problem anymore.

Ind! Rafe... 14:42 GMT October 2, 2011
EURUSD Levels.
Reply   
ER 1.3809 1.3242
R 1.3669 1.3709
S 1.3342 1.3382


Trend DOWN

NY 12:40 GMT October 2, 2011
China Delays 80% of Railway Construction: Report

Buy OTHER
Entry: Target: Stop:

The above article is a mis translation of the original chinese article:

http://www.21cbh.com/HTML/2011-10-1/3NMDY5XzM2OTc3NA.html

In the original chinese article,contrary to the above, the chinese government has not suspended new railway project approvals. There is a indeed slow down of rail projects unilaterally by the individual rail contractors but its not to do with safety but the ongoing credit tightening by the banks(that affect every chinese industry) and the railway ministry is negotiating with the banks for fresh funds.

The rail minstry of china can't have instructed suspension of new rail projects because the investigation of the wenzhou train crash is still on going.

GVI Forex 11:46 GMT October 2, 2011
Weekly Setup Videos
Reply   

Al's weekly eurusd and gbpusd detup videos are posted and ready for viewing click here

Hong Kong Qindex 11:43 GMT October 2, 2011
Hang Seng Index : Critical Point 16288
Reply   
Sell
Entry: Target: Stop:

Hang Seng Index (17592) : Critical Point 16288


The bias is on the downside when the market is below 18460. Speculative selling pressure will increase when the market is trading below the weekly cycle pivot center at 17049 - 17428 - 17751. The odds are good that the market will tackle the supporting barrier at 16288 // 16426.


Qindex.com

http://www.youtube.com/watch?v=dZEGYpXE5B4


http://www.youtube.com/watch?v=dZEGYpXE5B4

Hang Seng Index : Monthly Cycle Charts

Syd 10:52 GMT October 2, 2011
China Delays 80% of Railway Construction: Report
Reply   
China has postponed the building of 80 percent of new railway projects pending clarification of government policies for the sector, a newspaper reported on Saturday.

At present, more than 80 percent of ongoing railway construction projects have been suspended, and the completion of many projects has been pushed back by a year," the 21st Century Business Herald newspaper said.

Syd 09:22 GMT October 2, 2011
Germany 'won't give more to EU bail-out fund'
Reply   
AFP - German Finance Minister Wolfgang Schaeuble ruled out Germany contributing any more money to the beefed-up EU bail-out fund than the 211 billion euros approved by parliament, in an interview published Saturday.

Then it will be only a matter of 190 billion in total, for which we will be guarantors, including interest," he explained

Syd 09:15 GMT October 2, 2011
Greece due to unveil plan to sack state workers
Reply   
(Reuters) - Greece was expected to unveil its plan on Sunday to begin laying off state workers, the most contentious part of a reform package demanded by the EU and IMF to free up loans and stave off bankruptcy.

A senior member of the ruling coalition in Germany, Europe's paymaster, said it may be necessary for Greece to abandon the euro, a prospect European governments officially reject as beyond consideration.

Syd 09:12 GMT October 2, 2011
Merkel ally calls for Greece eurozone exit
Reply   
AFP - A top official from Chancellor Angela Merkel's Bavarian sister party called Sunday for debt-mired Greece to exit the eurozone, as Germany's leader fights to keep her government on message during the crisis

"I think it is a solution, if you want to bring Greece back to stable competitiveness, that they do so outside the eurozone," Alexander Dobrindt, general secretary of the CSU party, told German radio.

Hong Kong Qindex 08:39 GMT October 2, 2011
EUR/USD : Critical Point 1.3249
Reply   
Sell EURUSD
Entry: Target: Stop:

EUR/USD : Critical Point 1.3249


The odds are good that the market will tackle the critical point at 1.3249. As shown in the series of "Monthly Cycle Reference / Normal Lower Limits" (at the lower part of the webpage), the current expected trading range is 1.3045 - 1.3474.


Qindex.com


http://www.youtube.com/watch?v=dZEGYpXE5B4

EUR/USD : Monthly Cycle Charts

Syd 07:41 GMT October 2, 2011
China vows to keep interest rates tight
Reply   
China will keep monetary conditions tight in its effort to rein in stubborn inflation, the country's central bank said on Friday, adding that containing domestic price pressures remains its priority.

Reuters

Syd 07:19 GMT October 2, 2011
Aust homes set for 50% crash - forecaster
Reply   
The next global recession will make the GFC look like a picnic, with property prices to fall by almost half across Australia.

He says the crash in Australian property prices will be similar to what was seen in California, where values have dropped by about 40 per cent since the crisis began.

"Your whole country is like California," Mr Dent says.

In Sydney, the average house price is over nine times the average income, which is clearly unsustainable, Mr Dent argues.

this continues, it could lead to banks easing their lending standards, as was the case in the US before their property market crashed in 2008.

"I call it `the frog in water'," he says.

That backed up figures from RP Data and Rismark that showed home prices fell for a seventh consecutive month in July, and by 2.9 per cent in the 12 months to that month.

Dillon AL 04:46 GMT October 2, 2011
Videos

Weekly setup videos for the EUR/USD and GBP/USD

To access the videos Click here



Syd 04:26 GMT October 2, 2011
High Frequency Trading And The Threat Of A Currency Flash Crash
Reply   
www.businessinsider.com/high-frequency-trading-and-the-threat-of-a-currency-flash-crash-2011-9

HK [email protected] 02:44 GMT October 2, 2011
They like to be sluts.
Reply   
‘Slutwalk’ women march on New York after police tell them to ‘cover up’ to avoid rape.

Protesters dressed in their underwear have taken to the streets of New York today after it emerged the NYPD were warning women in Brooklyn to cover up in the face of sex attacks.

The latest ‘slutwalk’ protest comes a day after women in Park Slope were warned short skirts should not be worn and shorts that show too much leg have been deemed inappropriate.

On today’s march the protesters chanted ‘No means no – however we dress, wherever we go.’

http://investmentwatchblog.com/slutwalk-women-march-on-new-york-after-police-tell-them-to-cover-up-to-avoid-rape/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Investmentwatch+%28InvestmentWatch%29


Syd 02:02 GMT October 2, 2011
Police tail Sydney's jihad gang
Reply   
AN EXTREMIST Islamic group suspected of planning a crime spree across Sydney to raise money for the Taliban has been uncovered by counter-terrorism police.

A group of men, aged between 20 and 30, all Australian citizens of Middle Eastern-descent, have been identified as the core members.

HK [email protected] 01:56 GMT October 2, 2011
Very expensive S/L. But could be worse.
Reply   
£54m divorce for Aga Khan...and he's got off lightly as it could have been £500m


Read more: http://www.dailymail.co.uk/news/article-2044207/Aga-Khan-agrees-50m-divorce-settlement-wife-Inaara.html#ixzz1ZaKLe9c6

Conclusion: Money may make you rich and even happy, but not always make you smarter.
Better play it a playboy, less costly.

Syd 01:55 GMT October 2, 2011
$USDJPY
Reply   
Mizuho calling for 60 in $USDJPY


Greece is slipping into the abyss
As the economic crisis worsens, the very fabric of society in Athens is being ripped apart as the Greeks lose their good humour and generosity.

Greek grannies are as ubiquitous and iconic as Greek cats. Dressed immaculately in widow’s black, and with their grey hair neatly styled, they are proud figures. They are treated with respect by even the most rebellious youths, and acknowledged by all as the head of the fiercely maternal family groups that bind Greek society together.

Syd 01:38 GMT October 2, 2011
The Most Dangerous Cities In Europe
Reply   
http://www.businessinsider.com/europe-dangerous-cities-2011-9#

Syd 01:23 GMT October 2, 2011
At last: We get vote on Europe as MPs are forced to decide on referendum
Reply   

A historic vote on growing demands for Britain to leave the European Union will be held in the Commons before Christmas.
MPs will debate whether the Government should give voters a chance to decide the issue once and for all in a referendum.
It will be the first time Parliament has held a major vote on seeking the public’s view since the 1975 referendum confirming the decision to join the Common Market.


link

 




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