Archive - Dec 7, 2012 - Blog entry
7.3 Earthquake Rattles Fukushima
Submitted by George Washington on 12/07/2012 18:10 -0500Government Warns 8.0 Quake Possible
Three Charts Every Stock Investor Should See
Submitted by Phoenix Capital Research on 12/07/2012 15:38 -0500
The market continues to track the same pattern it performed going into the failed debt ceiling talks of July 2011. As you’ll recall, then as is the case now, US politicians failed to reach a credible solution to the US’s debt problems. What followed was a credit rating downgrade and a market collapse.
07 Dec 2012 – “ Bruttosozialprodukt ” (Geier Sturzflug, 1982)
Submitted by AVFMS on 12/07/2012 12:10 -0500Hmmm… Need to find another way to kill time until Year End. Morning highs, lunch time lows and then trailing the US. EGBs on the stronger side with augurs seeing a weakening Germany and calls for lower rates putting the EUR under pressure. Ok, Germans: now work! Somebody has to pay the bills!
"Bruttosozialprodukt " (Bunds 1,3% +1; Spain 5,45% -1; Stoxx 2597 -0,3%; EUR 1,295 -20)
Reading The Bond Market Price Action Post-NFP
Submitted by govttrader on 12/07/2012 10:01 -0500In order to make sense of the price action COMING OUT OF the number, we first need to know what positioning was GOING INTO the number.
Dollar Stays Bid: Take Five
Submitted by Marc To Market on 12/07/2012 06:34 -0500The US dollar extended yesterday's gains and remain bid ahead of the November jobs report. The deterioration of the economic and political situation in the euro area appears to be the single biggest factor behind the greenback's sharp recovery. The dollar is little changed against the yen as the market grapples with the implication of the earthquake and tsunami.
Asian equity markets were mostly higher with the MSCI Asia-Pacific Index was up about 0.25% and,. of note, the Shanghai Composite extended this week's recovery, gaining 1.6% to bring the weekly advance to 4.1%. European bourses are bit heavier. Spanish and Italian bonds remain under pressures, while Greek bond yields continue to fall as a the bond buy back offer expires today and the market anticipates a successful conclusion.
We share five observations today.
