Agreement surprise - An earthquake
USA
bad day for the U.S., which are facing global issues of Chinese exports, the downgrade of Spain before, and problems with internal applications for unemployment benefits, the deficit and the Consumer Comfort, all worse than expected. The surprise came with investors already nervous about the issue and North Africa "goes down heavy, both on cyclical stocks and those related to raw materials.
DJI -1.87% -1.89% SPX, Nasdaq -1.65% VIX 21.88 (+8.21%)
Europe
Even the Europeans are concerned about the problems of the slowdown in Chinese growth, but must deal other: a downgrade on Spain mainly related to the funding requirements of banks. But not only are the English banks to need capital, rumors say that Commerzbank (-2.64%) needs at least 7 of my euro. A couple of useful reviews of the rest.
CAC -0.75%, DAX -0.96%, -0.65% SMI, DJES50 -0.86% V2X 24.14 (+2.81%)
Japan
We lack only the earthquake: the session was already half compromised on U.S. data and by the negative performance of other markets. In the final session, the buildings of the financial district of Tokyo were hit by an earthquake and the government was quick to give a tsunami warning. Rapid descent over 100 punti dell'indice in reazione alla notizia
Nikkei -1.72%
Asia
Mercati asiatici incerti, alle prese con un'economia USA che pone qualche dubbio e i problemi di inflazione interni. Qualche disordine in arabia saudita non ha fatto altro che complicare ulteriormente il quadro di una situazione giĆ particolare.
Hang Seng -0.75%, Straits Time -0.84%, Taiwan -0.87%, Shanghai +0.16%, Sensex -0.83%
FX
USDCHF 0.9324 (0.9318)
USDJPY 83.20 (82.85)
EURUSD 1.3809 (1.3870)
EURCHF 1.2880 (1.2924)
EURGBP 0.8600 (0.8577)
GBPUSD 1.6055 (1.6168)
GBPCHF 1.4987 (1.5066)
USD libor 3 mesi 0.31% (0.31%)
USA tbill 3 months 0.07% (0.09%)
USA tbond 5 years 2.03% (2.13%)
Greece 10 years 12.76% (12.90%)
Gold 1413.30 (1429.88)
Crude 101.89 (104.80 )
SPGS Commodity 707.19 (715.96)
Baltic Dry Index 1538 (1472)
Considerations
Well, first there are concerns that oil rises too (because of unrest and war in Libya), then the oil goes down because the 'economy is slowing down. Before you worry that China will grow too fast, then you are suffering because the growth in China is slowing down.
But a bit 'of Prozac for all do not want to put it?
Thursday, March 10, 2011
Adultmessengersoftware
backcountry skiing in Val Germanasca
top of the list m. 2737 - From Indiritti m. 1623. I stopped to q. 2630 ca. because he was tired and behind schedule than others.
Beautiful day. Cold start, minus 9 at the start, but then the temperature has risen a lot.
In the first moments of the climb with four photos of the tracks down the previous day.
the summit view from my last staging point. Snow
very nice for 2 / 3 then a bit of crust.
http://www.youtube.com/watch?v=Y5ygvKWZhWs&tracker=False
Click above for presentation.
top of the list m. 2737 - From Indiritti m. 1623. I stopped to q. 2630 ca. because he was tired and behind schedule than others.
In the first moments of the climb with four photos of the tracks down the previous day.
the summit view from my last staging point. Snow
very nice for 2 / 3 then a bit of crust.
http://www.youtube.com/watch?v=Y5ygvKWZhWs&tracker=False
Click above for presentation.
Wednesday, March 9, 2011
Symptoms Of The Black Death Plague
20110309 - Risk-on, Risk-off
USA
There is already talk of rais Libyan aircraft in flight, but the fights (no more riots) went on, softening his enthusiasm. A downward revision of expected earnings from some companies have resisted the upgrade instead of DB on IBM (+2.21%). Eventually, the session was closed almost even.
DJI -0.01% -0.14% SPX, Nasdaq -0.64% VIX 20:22 (+2.02%)
Europe
full day PIGS, comments and rumors. First Libya, and maybe most important, issue of the Portuguese two years, went far less well than in January and Kraemer Moody's comments on a possible default of Greece. Activities M & A on Iberdrola Ren (+10.96%) and Tognum (+7.26%) made it possible to compensate for a rather intricate situation, limiting the damage.
CAC -0.55%, DAX -0.46%, -0.99% SMI, DJES50 -0.35% V2X 23:48 (+0.10%)
Japan
Japanese investors to decide the risk-offs via the risk, the situation Libya is still too complicated and the impact on the Japanese economy and its exports could be important. Bad day then in the securities of the nikkei who present with a bad session after 3 positive.
Nikkei -1.46%
Asia
not much better Asian markets, however, compared with the risks on commodity prices, particularly energy, which would result in price risks of agricultural materials, sore point of many regional economies. To reduce the risk of inflation, Korea Remodeling interest rates upward, raising the problems of rising interest rates, shares fall in recent months.
Hang Seng -0.50%, Straits Time -0.60%, Taiwan -1.22%, Shanghai -1.14%, Sensex -0.76%
FX USDCHF 0.9318 (0.9364)
USDJPY 82.85 (82.89)
EURUSD 1.3870 (1.3885)
EURCHF 1.2924 (1.3003)
EURGBP 0.8577 (0.8600)
GBPUSD 1.6168 (1.6144)
GBPCHF 1.5066 (1.5117)
USD Libor 3 months 0.31% (0.31%)
USA tbill 3 months 0.09% (0.10%)
USA tbond 5 years 2.13% (2.21%)
Greece 10 years 12.90% (12.84%)
Gold 1429.88 (1426.75)
Crude 104.80 (104.30)
SPGS Commodity 715.96 (713.36)
Baltic Dry Index 1472 (1424)
Considerations
"Risk-on, Risk-off, on a daily basis" is the comment of one analyst. It is the image of a market that does not seem to have found the key to the problem, on virtually any asset class, and investors who do not know how good or how much the risks of risky asset classes (equities and commodities) and whether those "risk free "or" low risk "are really such, whereas the government European mid-October to date, have lost 4% ...
USA
There is already talk of rais Libyan aircraft in flight, but the fights (no more riots) went on, softening his enthusiasm. A downward revision of expected earnings from some companies have resisted the upgrade instead of DB on IBM (+2.21%). Eventually, the session was closed almost even.
DJI -0.01% -0.14% SPX, Nasdaq -0.64% VIX 20:22 (+2.02%)
Europe
full day PIGS, comments and rumors. First Libya, and maybe most important, issue of the Portuguese two years, went far less well than in January and Kraemer Moody's comments on a possible default of Greece. Activities M & A on Iberdrola Ren (+10.96%) and Tognum (+7.26%) made it possible to compensate for a rather intricate situation, limiting the damage.
CAC -0.55%, DAX -0.46%, -0.99% SMI, DJES50 -0.35% V2X 23:48 (+0.10%)
Japan
Japanese investors to decide the risk-offs via the risk, the situation Libya is still too complicated and the impact on the Japanese economy and its exports could be important. Bad day then in the securities of the nikkei who present with a bad session after 3 positive.
Nikkei -1.46%
Asia
not much better Asian markets, however, compared with the risks on commodity prices, particularly energy, which would result in price risks of agricultural materials, sore point of many regional economies. To reduce the risk of inflation, Korea Remodeling interest rates upward, raising the problems of rising interest rates, shares fall in recent months.
Hang Seng -0.50%, Straits Time -0.60%, Taiwan -1.22%, Shanghai -1.14%, Sensex -0.76%
FX USDCHF 0.9318 (0.9364)
USDJPY 82.85 (82.89)
EURUSD 1.3870 (1.3885)
EURCHF 1.2924 (1.3003)
EURGBP 0.8577 (0.8600)
GBPUSD 1.6168 (1.6144)
GBPCHF 1.5066 (1.5117)
USD Libor 3 months 0.31% (0.31%)
USA tbill 3 months 0.09% (0.10%)
USA tbond 5 years 2.13% (2.21%)
Greece 10 years 12.90% (12.84%)
Gold 1429.88 (1426.75)
Crude 104.80 (104.30)
SPGS Commodity 715.96 (713.36)
Baltic Dry Index 1472 (1424)
Considerations
"Risk-on, Risk-off, on a daily basis" is the comment of one analyst. It is the image of a market that does not seem to have found the key to the problem, on virtually any asset class, and investors who do not know how good or how much the risks of risky asset classes (equities and commodities) and whether those "risk free "or" low risk "are really such, whereas the government European mid-October to date, have lost 4% ...
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