dc CB 23:48 GMT September 17, 2013
United States
As CNN reported moments ago, the US government has seized an iconic midtown Manhattan skyscraper, one where none other than Ivan Boesky plotted his insider trading schemes in the 1980s, that prosecutors claim is secretly owned and controlled by the Iranian government. The skyscraper in question is 650 Fifth Avenue, also known as the Piaget building.
"Preet Bharara, the U.S. attorney in Manhattan, said Tuesday that the seizure and sale of the property would be the government's largest-ever terrorism-related forfeiture."
US Government Confiscates Midtown Manhattan Skyscraper, One Time Ivan Boesky HQ, From Iran
tokyo ginko 23:37 GMT September 17, 2013
United States
yes, today is LTD, remember to r/o
Beckenham SFH 22:43 GMT September 17, 2013
United States
Oil is under pressure- i am short wti at 10588 and FWIW remain short till below 100..this week IMHO
Phila caba 21:58 GMT September 17, 2013
Join Now!
still MT4 only?
GVI Forex john -- Inner Circle 21:38 GMT September 17, 2013
Calendar
Reply
September 17. 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Wednessday, September 18.
Updated: Trading Events Calendar
HIGH IMPACT RELEASES: GB- BOE Minutes, US- Housing Starts/Permits. Fed Decision
dc CB 21:10 GMT September 17, 2013
United States
showing her the "ropes"
WmBanzai7
GVI Forex john -- Inner Circle 20:38 GMT September 17, 2013
United States
Reply
-- ALERT --
(Estimates and Previous data for EIA Survey)
Crude Oil: -0.250 vs. -1.000 exp vs. -0.219 prev.
Gasoline: -0.600 vs. +0.500 exp vs. +1.660 prev.
Distillates: -200 vs. +1.000 exp vs. +2.590 prev.
Cap/Util: vs. n/a exp vs. 91.70% prev.
TTN: Live News Special Offer
GVI Forex john -- Inner Circle 20:22 GMT September 17, 2013
Fed taper decision due. German ZEW data strong
Reply
- HIGH
IMPACT ITEMS: GB- BOE Minutes, US- Housing Starts/Permits. Fed
Decision
- There was a press report late
Monday that administration insiders were saying that Janet Yellen is
now the leading candidate to replace Bernanke in January. This
report had the smell of a trial balloon to us. A good way
to test the waters about a possible appointment can be to let a
name out and see what the reaction is. Yellen should be a
uncontroversial nominee.
- The immediate major focus is
the Fed policy decision tomorrow. Markets are already set up
for the central bank to announce a reduction in its asset purchase
program. From a trading perspective, the big surprise would be no
reduction in debt purchases. The street expects the
Fed to taper cautiously with a cut its monthly $85bln in asset
purchases of
$10-15 bln One scenario we propose
is that Bernanke could announce a flexible taper target.
- U.K.inflation data were mixed.
The latest German ZEW survey was stronger than forecast. See the FOREX FORUM
for latest key data and charts as they are released. .
- Wednesday sees
U.S. Housing starts, then Existing Home Sales will be released on
Thursday. Thursday also features U.K. CPI data. On Friday Canadian CPI
data are released. On Sunday Germany will hold what looks to be closely
contested national elections.
- For additional key items and
more detail (dates, times, data estimates), be sure to reference our Economic
Calendar . See the FOREX FORUM
for latest key data and charts as they are released.
20d
avg
|
10-yr
|
Equities
|
EURUSD
1.3283
|
JGB
0.72% -1bp
|
Asia
Close Lower
|
USDJPY
98.95
|
Bund
1.97% +4bp
|
Europe
Lower
|
EURJPY
131.44
|
U.S.
2.84% 0 bp
|
North
America: Higher
|
GVI Forex Blog 20:21 GMT September 17, 2013
Reply
HIGH IMPACT ITEMS: GB- BOE Minutes, US- Housing Starts/Permits. Fed Decision
There was a press report late Monday that administration insiders were saying that Janet Yellen is now the leading candidate to replace Bernanke in January. This report had the smell of a trial balloon to us. A good way to test the waters about a possible appointment can be to let a name out and see what the reaction is. Yellen should be a uncontroversial nominee.
Fed taper decision due. German ZEW data strong
Amman wfakhoury 19:57 GMT September 17, 2013
EURUSD 100 pips move
Reply
prague mark 15:09 GMT September 17, 2013
Gold 1321: Reply
Amman wfakhoury
Do you see eur/usd > 1.34xx today? TIA
-------------------------------------
Consolidates between 13343 and 13362 ....breaking this area
100 pips move is coming.
Mostly we are heading up unless price breaks down 13343 and keeps below it.
GVI Forex john -- Inner Circle 19:38 GMT September 17, 2013
Chart Points
UPDATED. Global-View Free FX Database. High-Low-Close data
for over a dozen currency pairs for well over a decade of data in Excel spreadsheet format.
Saar KaL 18:16 GMT September 17, 2013
KaL's Trend and Level
Gold shorts
from 1318 to 1334
tgt 1280 to 1260
Mtl JP 16:15 GMT September 17, 2013
WHY?
HK [email protected] 12:07 becoz the usd is a reserve ccy. Lew can't officially diss something that he wants folks to hold, cherish n admire
Paris ib 16:01 GMT September 17, 2013
United States
"Taking into account transactions in both foreign and U.S. securities, the net foreign purchases of long-term securities were $31.1 billion. After including adjustments, such as estimates of unrecorded principal payments to foreigners on U.S. asset-backed securities, the overall net foreign acquisition of long-term securities is estimated to have been $14.4 billion in July."
Clearly an improvement from the 80 billion plus outflow seen in June, but 14.4 billion as an inflow is still very weak from an historical point of view.
TIC data for July
GVI Forex john -- Inner Circle 15:51 GMT September 17, 2013
Fixed Income
Prices in prime fixed income markets are turning weak late in Europe ahead of the Fed decision Wednesday. Peripherals prices are higher.
GVI Forex Jay Meisler 15:24 GMT September 17, 2013
Gold 1321
WFak, please post gold updates in the Gold Forum TIA
prague mark 15:09 GMT September 17, 2013
Gold 1321
Amman wfakhoury
Do you see eur/usd > 1.34xx today? TIA
Amman wfakhoury 15:07 GMT September 17, 2013
Gold 1321
Reply
Amman wfakhoury 07:18 GMT September 17, 2013
Gold 1321: Reply
Central Kwun 07:00 GMT September 17, 2013
GOLD 1316.40: Reply
wfakhoury, you are bullish on gold?
-----------------1321 reached ..next 1326 unless breaks down 1313.80
-----------------------
1313.80 reached as 1321 reached but 1 hr closed below it
GVI Forex Blog 15:05 GMT September 17, 2013
Reply
September 17. 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Wednessday, September 18. Updated: Trading Events Calendar
HIGH IMPACT RELEASES: GB- BOE Minutes, US- Housing Starts/Permits. Fed Decision
GVI Forex Data Outlook for September 18, 2013
GVI Forex john -- Inner Circle 15:03 GMT September 17, 2013
Calendar
Reply
September 17. 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Wednessday, September 18.
Updated: Trading Events Calendar
HIGH IMPACT RELEASES: GB- BOE Minutes, US- Housing Starts/Permits. Fed Decision
Chicago Guido 14:49 GMT September 17, 2013
Join Now!
Trading Family/Inner Circle. It sounds like our kind of family....without the horses heads in your bed.
Kaunas DP 14:48 GMT September 17, 2013
rumors
Reply
prague mark 13:28 GMT September 17, 2013
KaL's Trend and Level: Reply
Buy EURUSD
Entry: Target: Stop:
rumors of heavy EURUSD stops above 1.3387. will be taken out for sure, so 1.3426 confirmed.
/////
should this be correct, we will se 1.3387 in less then 2h from now... IMHO
Saar KaL 14:36 GMT September 17, 2013
KaL's Trend and Level
usdchf SHORTS
0.9277 0.9255
0.9282 0.9247
0.9287 0.9240
0.9292 0.9232
0.9297 0.9225
0.9302 0.9217
for a couple of days
will start buying thurday...below 0.9220
for 0.943 tgt
Saar KaL 14:28 GMT September 17, 2013
KaL's Trend and Level
USDCAD
stay short till at least 1.0220
next day
GVI Forex john -- Inner Circle 14:01 GMT September 17, 2013
United States
Down slightly before downward revision of August data. Neutral?
GVI Forex john -- Inner Circle 13:48 GMT September 17, 2013
United States
National Association of Home Builders Index due at the top of the hour. Consensus estimate is for unchanged, but some wonder if a slowdown in Housing could start to show up in these data. Keep in mind. homebuilders are always optimistic to the end.
Saar KaL 13:40 GMT September 17, 2013
KaL's Trend and Level
NDX
100 Point north...No problem by the end of Sept
Saar KaL 13:33 GMT September 17, 2013
KaL's Trend and Level
Mark
I agree
1.3430
is entry short for 1.313
===
if you want to get 3 time your money folks
its
KKD stock
this guy is going to 60 + in april next year
I am Buying
19.0176
18.8046
18.5916
18.3785
18.1655
17.9525
Mtl JP 13:31 GMT September 17, 2013
Dollar's new strength a headache for RBA
Joe - in the Canadian budget it says “This regime will be designed to ensure that in the unlikely event a systemically important bank depletes its capital, the bank can be recapitalized and returned to viability through the very rapid conversion of certain bank liabilities into regulatory capital”.
a(ny) deposit at a bank is, on the bank's books, a liability.
Do you trust people the kind of Carney's ilk ?
"Canadian institutions have substantial unsecured debt obligations in the wholesale market and as well as other classes of capital, and they have substantial capital as well, so once you stack all of that up, regardless of whether one would look to reach into it…it's hard to fathom why it would be necessary," said he
prague mark 13:28 GMT September 17, 2013
KaL's Trend and Level
Buy EURUSD
Entry: Target: Stop:
rumors of heavy EURUSD stops above 1.3387. will be taken out for sure, so 1.3426 confirmed.
Saar KaL 13:21 GMT September 17, 2013
KaL's Trend and Level
Buying a stock called
DDD
US Mkt
at
50.5920
50.1809
49.7698
49.3588
48.9477
48.5366
for dec tgt
75
Mtl JP 13:10 GMT September 17, 2013
Dollar's new strength a headache for RBA
Treasury International Capital Data for July
9/17/2013
WASHINGTON – The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for July 2013. The next release, which will report on data for August 2013, is scheduled for October 16, 2013.
The sum total in July of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC inflow of $56.7 billion. Of this, net foreign private inflows were $59.3 billion, and net foreign official inflows were negative $2.6 billion. .../..
Saar KaL 13:06 GMT September 17, 2013
KaL's Trend and Level
USDJPY
still not ok to Buy
I doubt will go below
98.4
tgt 102 in general
Cambridge Joe 13:00 GMT September 17, 2013
Dollar's new strength a headache for RBA
Hi JP.
You have posted many times on the probable effects of recently passed G20 'Bail-in' legislation.
Do you see it affecting only the bank accounts of individuals, or do you think that they would plunder the bank accounts of Corporations as well ?
If no, then it would appear to be prudent to open an 'off-the-shelf' company for the purpose of having a bank account that the Vampires will not/ cannot sequestrate !
TIA for your thoughts !
J
Saar KaL 12:55 GMT September 17, 2013
KaL's Trend and Level
AUDUSD
will cover some longs at 0.9408
keeping the rest till .96+
Saar KaL 12:48 GMT September 17, 2013
KaL's Trend and Level
EURUSD
adding more long for us session
1.3341
1.3335
1.3329
1.3323
1.3317
1.3310
Melbourne Qindex 12:45 GMT September 17, 2013
EUR/GBP : Critical Point 0.8356
Reply
Buy EURGBP
Entry: Target: Stop:
EUR/GBP : Critical Point 0.8356
The market is stable when it is rejected from the critical point at 0.8356. EUR/GBP is going to retrace back to the barrier at 0.8458/0.8472.
Qindex.com
Quantum Index Analysis
Beckenham SFH 12:40 GMT September 17, 2013
Gold
Reply
Entry: 1315 Target: 1327 Stop: 1309
Bought!
GVI Forex john -- Inner Circle 12:39 GMT September 17, 2013
WHY?
RF- Simple answer. Forex policy is established by the Treasury (Secretary LEW) and not the FED. The Fed Chairman is expected NOT to comment of the USD.
GVI Forex john -- Inner Circle 12:36 GMT September 17, 2013
United States
U.S. CPI and PCE Deflator. CPI within PCE target.
HK [email protected] 12:34 GMT September 17, 2013
United States
Great numbers: NO inflation threats, all Q.E money has gone to the banks, people don't have what to spend..just enough.
QE may continue:)
GVI Forex john -- Inner Circle 12:31 GMT September 17, 2013
United States
-- ALERT --
AUGUST 2013 U.S. Consumer Price Index
Headline:
m/m: +0.10% vs. +0.20% exp. vs. 0.20% (r ) prev.
y/y: +1.50% vs. +1.60% exp. vs. +2.00% (r ) prev.
Core:
m/m:+0.1% vs. +0.20% exp. vs. +0.20% (r ) prev.
y/y: +1.80% vs. +1.60% exp. vs. +2.00% (r ) prev.
TTN: Live News Special Offer
Direct links to primary data sources
HK [email protected] 12:07 GMT September 17, 2013
WHY?
Reply
Sometimes you hear officials from other countries like: Japan,NZ. or AUS. and others, declaring their currencies as overvalued, and that depreciation is needed.
Why can't one brave American from the FED stand and say:" Our currency is overvalued(let's say) by 20% and it has to depreciate so our economy may recover.???
GVI Forex john -- Inner Circle 12:03 GMT September 17, 2013
United States
Reply
HEADS-UP: Data (top of forum)
EURUSD= 1.3353
GBPUSD= 1.5915
USDJPY= 99.16
AUDUSD= 0.9345
USDCAD= 1.0316
US 10-yr= 2.85%
DE 10-yr= 1.96%
GB 10-yr= 2.92%
(Manually refresh forum to update Calendar)
Direct links to primary data sources
London Misha 11:55 GMT September 17, 2013
Observations
Reply
EURUSD - New high for Sep but possible Bearish Shooting Star after Indecisive Spinning Top on Daily Chart.
USDJPY - Breaks 50% Fib at 98.73 but bounces up off 38.2% Fib Jun-Jul move at 98.56 & closes above both in possible Bullish Hammer on Daily Chart.
GBPUSD - Follow on to Key Reversal Up on Daily Chart but with possible Bearish Shooting Star as hits resistance 61.8% Fib 2009-10 move at 1.5968!
USDCHF - Bullish Hammer follows 2nd indecisive Spinning Top after Key Reversal Down on Daily Chart.
EURGBP - Bullish Harami on Daily Chart.
AUDUSD - Golden Cross Short MA over Short/Medium MA on Daily Chart.
USDINR - Possible Bearish Midway Gap but market may today have formed a Bearish Island on Daily Chart.
USDZAR - Fails at 1st attempt to test key 50% Fib at 9.6758 on Daily Chart.
USDBRL - Open & Close Long White Marubozo as market rejects for the moment try lower on Daily Chart.
Saar KaL 10:36 GMT September 17, 2013
KaL's Trend and Level
AUDJPY cadjpy NDX
Very recommended long
for all sept
Saar KaL 10:15 GMT September 17, 2013
KaL's Trend and Level
GBPJPY
adding more Longs
157.4813
157.3769
157.2726
157.1682
157.0639
tgt
158.9
Saar KaL 10:12 GMT September 17, 2013
KaL's Trend and Level
GBPNZD Seems Bearish for the rest of the month
I see 1.9 to 1.88 coming
1.94 is a sell avg level
will start from 1.9492 today
GVI Forex john -- Inner Circle 10:09 GMT September 17, 2013
Germany
Now that the dust has settled, German 10-yr 1.96% +1bp (up 2bp since ZEW data) and EURUSD is higher.
Like it or not, we are all bond traders!
Saar KaL 09:57 GMT September 17, 2013
KaL's Trend and Level
gbpusd adding more
1.5883
1.5878
1.5872
1.5867
tgt
1.5970
Saar KaL 09:30 GMT September 17, 2013
KaL's Trend and Level
Longs GBPJPY here
added
should hit 158.3 soon
GVI Forex john -- Inner Circle 09:22 GMT September 17, 2013
German ZEW data firm. UK prices mixed. Yellen floated for Fed
Reply
- HIGH
IMPACT ITEMS: US- CPI, NAHB Index
- There was a press report late
Monday that administration insiders were saying that Janet Yellen is
now the leading candidate to replace Bernanke in January. This
report had the smell of a trial balloon to us. A good way
to test the waters about a possible appointment can be to let a
name out and see what the reaction is. We feel Yellen should be a
non-controversial candidate.
- The immediate major focus is
the Fed policy decision tomorrow. Markets are already set up
for the central bank to announce a reduction in its asset purchase
program. From a trading perspective, the big surprise would be no
reduction in debt purchases. The street expects the
Fed to taper cautiously with a cut its monthly $85bln in asset
purchases of
$10-15 bln One scenario we propose
is that Bernanke could announce a flexible taper target.
- U.K.inflation data were mixed.
The latest German ZEW survey was stronger than forecast. See the FOREX FORUM
for latest key data and charts as they are released. .
- Wednesday sees
U.S. Housing starts, then Existing Home Sales will be released on
Thursday. Thursday also features U.K. CPI data. On Friday Canadian CPI
data are released. On Sunday Germany will hold what looks to be closely
contested national elections.
- For additional key items and
more detail (dates, times, data estimates), be sure to reference our Economic
Calendar . See the FOREX FORUM
for latest key data and charts as they are released.
20d
avg
|
10-yr
|
Equities
|
EURUSD
1.3286
|
JGB
0.72% -1bp
|
Asia
Close Lower
|
USDJPY
98.86
|
Bund
1.94% +1bp
|
Europe
Lower
|
EURJPY
131.35
|
U.S.
2.84% -1 bp
|
North
America: Lower
|
GVI Forex Blog 09:22 GMT September 17, 2013
Reply
HIGH IMPACT ITEMS: US- CPI, NAHB Index
There was a press report late Monday that administration insiders were saying that Janet Yellen is now the leading candidate to replace Bernanke in January. This report had the smell of a trial balloon to us. A good way to test the waters about a possible appointment can be to let a name out and see what the reaction is. We feel Yellen should be a non-controversial candidate.
German ZEW data firm. UK prices mixed. Yellen floated for Fed
GVI Forex john -- Inner Circle 09:08 GMT September 17, 2013
Germany
German ZEW Survey. September data much stronger than expected.
Saar KaL 09:06 GMT September 17, 2013
KaL's Trend and Level
wow...Great Place
I knew a few from there here in Bahrain.
Mainly Musicians
ed kw 09:00 GMT September 17, 2013
KaL's Trend and Level
yes grow up fast working for oil or commodities recall 10 bucks us oil
Saar KaL 08:53 GMT September 17, 2013
KaL's Trend and Level
KW
I would not know anything to do with it.
News...is not a good thing in my life.
News papers, and Internet news.
Have not done that for 15 years.
I want to live Longer and healthier.
ed kw 08:49 GMT September 17, 2013
KaL's Trend and Level
CAD/the spin off from the Alberta flood /5000 homes to repair and replace,showed up in last jobs report,
GVI Forex john -- Inner Circle 08:37 GMT September 17, 2013
United Kingdom
U.K. CPI & RPIX data mixed, but still above BOE target.
GVI Forex john -- Inner Circle 08:26 GMT September 17, 2013
Fixed Income
Reply
Early in Europe, prices in prime fixed income markets are mixed waiting for UK and German data. Prices in periphery are mixed.
Saar KaL 08:14 GMT September 17, 2013
KaL's Trend and Level
IMO Not a good idea to short gold today
wait till 1330 area
ed kw 08:01 GMT September 17, 2013
KaL's Trend and Level
BNN. oil if 102 givs out down trend to old range
Saar KaL 07:46 GMT September 17, 2013
KaL's Trend and Level
USDJPY Tgt to 102 to 103
Might take 3 weeks
still bullish from below 99.2 (General)
will long
99.6731 98.4408
99.8953 98.1211
100.1174 97.8014
Saar KaL 07:37 GMT September 17, 2013
KaL's Trend and Level
EURCAD
Short till next week tgt
1.34ish
1.3818 1.3718
1.3837 1.3700
1.3855 1.3681
HK [email protected] 07:36 GMT September 17, 2013
Gold1321
Mr. Wafq
Kal was able to call the attention for 1322, which came after.
Yet he is not a baloony like you.
Humility is not a characteristic you posses, that for every few small movement in prices you come out with a self Halleluya.
Your failure to call the 1322 coming is clear!!!
Amman wfakhoury 07:26 GMT September 17, 2013
Gold1321
Reply
Beckenham SFH 07:21 GMT September 17, 2013
Gold 1321: Reply
Amman-good call on Gold last night....have a good day...
--------------
Thks alot..long time did not see you.
Hong Kong AceTrader 07:23 GMT September 17, 2013
Sept 17 : DAILY TECHNICAL OUTLOOK ON EUR/USD
Reply
DAILY TECHNICAL OUTLOOK ON EUR/USD
17 Sep 2013 04:01GMT
Trend Daily Chart
Sideways
Daily Indicators
Neutral
21 HR EMA
1.3341
55 HR EMA
1.3328
Trend Hourly Chart
Sideways
Hourly Indicators
Turning down
13 HR RSI
47
14 HR DMI
0
Daily Analysis
Consolidation b4 upmove resumes
Resistance
1.3453 - Aug 20 high
1.3410 - Aug 23 high
1.3385 - Y'day's high
Support
1.3325 - Sep 11 high
1.3298 - Y'day's low
1.3254 - Last Fri's low
. EUR/USD - 1.3335 ... The single currency jumped to 1.3382 in NZ after WSJ reported that former U.S. Treasury Secretary Lawrence Summers withdrew his nomination for Chairman of the Federal Reserve, euro retreated briefly to 1.3340 b4 rising to 1.3385 but only to fall to 1.3330 near NY close.
. Looking at the hourly & daily charts, although euro's retreat fm y'day's
2-week high at 1.3385 suggests 1-2 days of consolidation wud be seen with initial downside bias, as early rally fm this month's low at 1.3105 signals the
correction fm Aug's 6-month high at 1.3453 has ended there, reckon pullback wud be ltd n as long as 1.3298 sup holds, bullishness remains for aforesaid upmove to resume n extend marginal gain twds 1.3410, however, as 'bearish divergences' wud appear on hourly oscillators on such move, suggesting key daily res at 1.3453 shud hold on 1st testing n yield retreat later.
. Today, buying euro on dips is still favoured in expectation of such rise. On the downside, only a breach of 1.3254 sup (last Fri's low) wud signal top is made n further 'gyration' inside 1.3105-1.3453 wud be seen with downside bias.
Beckenham SFH 07:21 GMT September 17, 2013
Gold 1321
Amman-good call on Gold last night....have a good day...
Saar KaL 07:21 GMT September 17, 2013
KaL's Trend and Level
GBPAUD
Now on the menu
for next week's 1.66 area
short from above 1.7050
tgt next 1.6950
Amman wfakhoury 07:18 GMT September 17, 2013
Gold 1321
Reply
Central Kwun 07:00 GMT September 17, 2013
GOLD 1316.40: Reply
wfakhoury, you are bullish on gold?
-----------------1321 reached ..next 1326 unless breaks down 1313.80
Saar KaL 07:14 GMT September 17, 2013
Dollar's new strength a headache for RBA
Gold shorts
1,324.32 1,297.02
1,329.49 1,290.82
1,334.67 1,284.62
1,339.85 1,278.41
silver Short
22.12 21.38
22.27 21.21
22.42 21.04
22.57 20.86
Central Kwun 07:02 GMT September 17, 2013
GOLD 1316.40
Sell Gold
Entry: Target: Stop:
1322?!!!
ed kw 07:02 GMT September 17, 2013
Aud
Syd, tks now i got xauaud pegged had to be a reason for audgold to hold its value
Central Kwun 07:00 GMT September 17, 2013
GOLD 1316.40
wfakhoury, you are bullish on gold?
Amman wfakhoury 06:51 GMT September 17, 2013
GOLD 1316.40
Reply
Amman wfakhoury 19:52 GMT September 16, 2013
GOLD 1316.40: Reply
1316.40 confirmed and will be reached ....if 1 hr bar closed
above1316.40 then 1321 will be reached too.
---------------------------------------
1316.40 reached..1hr bar did not close above 1316.40 yet
Syd 06:48 GMT September 17, 2013
Aud
Reply
Mtl JP 06:04 GM the RBA have a problem
Saar KaL 06:14 GMT September 17, 2013
KaL's Trend and Level
Long EURUSD (1.34) GPBUSD(1.600)
Long Audusd
Long NZDUSD
Short USDCAD (1.0270)
and adding
Paris ib 06:07 GMT September 17, 2013
Dollar's new strength a headache for RBA
JP I'm not sure what to make of your post. The data you linked to is 2010 data!!??? Today we have the release of TIC for July 2013, which may be slightly more relevant. ;-)
Here is a relevant quote from the previous release:
"the net foreign purchases of long-term securities were negative $66.9 billion. After including adjustments..... the overall net foreign acquisition of long-term securities is estimated to have been negative $85.4 billion in June."
TIC June
Mtl JP 05:38 GMT September 17, 2013
Dollar's new strength a headache for RBA
dc CB (and Paris ib) - for your viewing pleasure (angst?), recent TIC
TIC June
TIC May
TIC data mildly positive as in foreign official flows are no longer net negative but relatively small positive: 1st positive net foreign official inflow in 3 mths.. previous 2 mths were negative.
dc CB 02:54 GMT September 17, 2013
Dollar's new strength a headache for RBA
Syd
to pay fealty, and on a whim, this evening I purchased a $1 option on a $119 million pot.
If I were connected, my odds would be less than then they are currently "a lighting strike".
but then those who took Yellen have won big... n'est-ce pas
cheers
Syd 02:28 GMT September 17, 2013
Dollar's new strength a headache for RBA
Reply
Former US Treasury Secretary Lawrence Summers did the Reserve Bank of Australia no favours by pulling out of the race to take over at the Federal Reserve.
The Aussie dollar climbed to a three-month high of 93.94 US cents yesterday in Sydney as investors bet the withdrawal means the US central bank, which starts a two-day meeting today, will pare stimulus at a more gradual pace. The dollar was fetching 93.2 US cents this morning.
Three-year Australian sovereign yields fell six basis points to 2.85 per cent, unwinding most of the climb since the RBA left its key borrowing cost at a record low and said the currency may weaken.
aud
HK [email protected] 02:27 GMT September 17, 2013
Asia S. Mkts.
Reply
Not very impressed by last night Dow rally.
All artificially staged by Ben's friends.
S.Mkts in Asia look very dull: Money is leaving to the sidelines.
dc CB 02:20 GMT September 17, 2013
Yellen
not much more needs to be said. except
OH YEH Summers was a "good" Secy of the Treasury...
did somebody say that?
Hong Kong AceTrader 01:57 GMT September 17, 2013
Sept 17: Dollar drops broadly as Summers withdrew from the race for Fed chief
Reply
Market Review - 16/09/2013 22:17GMT
Dollar drops broadly as Summers withdrew from the race for Fed chief
The greenback weakened against other currencies on Monday as former Treasury Secretary Lawrence Summers, who was perceived by market as relatively hawkish, announced on Sunday to withdraw from the nomination to succeed Federal Reserve Chairman Ben Bernanke.
The single currency rose shortly after New Zealand open and climbed to 1.3382 in Australia on dollar's broad-based weakness when the news came that Lawrence Summers, a former top aide to President Barack Obama and Treasury Secretary under President Bill Clinton, withdrew from nomination to succeed Federal Reserve Chairman Ben Bernanke on Sunday.
Euro then traded narrowly in Asia and dropped to 1.3340 in Europe on cross selling of euro versus yen but dollar's decline after release of weaker-than-expected U.S. Empire State manufacturing index pushed the pair to a fresh 2-week top at 1.3385 in New York morning before retreating to 1.3330 on profit-taking.
U.S.'s Empire state manufacturing (Sep) came in at 6.29, weaker than the forecast of 9.00.
Versus the Japanese yen, the greenback opened lower and tanked to 98.45 in New Zealand on dollar's weakness as former Treasury Secretary Summers withdrew from the race to be next Fed chief. Later, despite cross-induced recovery to 99.11 in Asia, the pair ratcheted lower to 98.70 in Europe and fell further to 98.65 in New York morning due to the weaker-than-expected U.S. Empire State manufacturing index before staging another bounce to 99.18 near New York close.
The British pound rose strongly to 1.5951 in New Zealand due to dollar's broad-based weakness and edged higher to 1.5958 in Asian morning. Later, despite subsequent retreat to 1.5916 in European session, renewed buying interest pushed the pair to a fresh near 8-month top at 1.5963 in New York morning before profit-taking pressured price to 1.5895 near New York close.
In other news, ECB's Praet said 'euro zone recovery is still fragile; sees euro zone inflation moderate to mid-term; monetary policy aims at remaining accommodative.' ECB's Mersch said 'we see very tentative green shoots for Europe economy, need to manage with great care; there are positive signs we see on horizon for world economic recovery; there is no consideration of interest hike by ECB anywhere in near future.' ECB's Draghi says 'Euro zone economy remains fragile, unemployment far too high; given subdued inflation outlook, expect key interest rates to remain at current or lower levels for extended period of time; Euro zone recovery "fragile".'
On the data front, EU CPI came in at 0.1% m/m and 1.3% y/y and CPI core was 1.1% y/y, same as the expectations. U.S. industrial production in August came in at 0.4%, versus the forecast of 0.4%. U.S.'s capacity utilisation was 77.8%, versus the expectation of 77.9%.
Data to be released on Tuesday:
Australia RBA September minutes, EU current account, economic sentiment, trade balance, U.K. PPI, RPI, CPI, ONS house price, Germany economic sentiment, current condition, U.S. CPI, retail sales, Net LT TIC flows, NAHB housing market index.
dc CB 00:43 GMT September 17, 2013
Yellen
JP
Ben...not a chance he'll stick around.
fwiw: re my Off-the-Cuff last night Robert Rubin (major player at Citi)
Who was the top recipient of those $$$
#10 According to an official government report, the Federal Reserve made 16.1 trillion dollars in secret loans to the big banks during the last financial crisis. The following is a list of loan recipients that was taken directly from page 131 of the report...
Citigroup - $2.513 trillion
25 Fast Facts About The Federal Reserve
many more chart points
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