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Dentalfloss
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excellent..well done
you must be thirsty after that
Dentalfloss
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for all you jpy watchers
usdjpy 15 min
usdjpy 15 min
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psaTrading
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European stock markets traded without a clear trend and nervousness dominated investor sentiment. Yesterday, European shares suffered heavy losses, explained by the confluence of several factors: the fall of the oil, the depreciation of the Euro and the situation in Greece. Sometimes financial markets tend to underestimate the importance of a factor, but when its ramifications become evident give you an exaggerated importance. Most likely, the previous day fits this definition. Technically, the area of 9500 is an important support for the DAX, to be the most representative index of the European market. If this level is broken permanently (yesterday DAX ended in 9473), the probability of the German index test in the coming weeks, the minimum December (9219), increases significantly. The publication of the PMI index for the services (relating to major European economies and the euro zone as a whole) usually do not have a significant impact on the trend of the stock markets, however, given the negative sentiment prevailing among investors negative readings exacerbate weaknesses.
psaTrading
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S&P 500 closed with sharp devaluations, for the fifth consecutive day. The strong rises that Americans indexes reached in the second half of December led to a certain complacency among investors before the threats that had been forming on the horizon. Yesterday, these threats have become evident. The continuous fall of oil price and the heavy losses suffered by European markets led to strong selling pressure on Wall Street. The fact that the American indexes have reached successive maximums during the second half of December also made them vulnerable to the occurrence of corrections.
The fall of oil and the rebirth of the fears in Europe are two factors that correlate with each other. The uncertainty caused by the Greek political situation leads to a devaluation of the Euro against other currencies, especially against the Dollar. The appreciation of the dollar has a negative effect on commodities and more particularly on oil. Affecting the price of this raw material was also the alleged increase in production of some countries like Russia and Iraq. Usually when the price of a good falls its supply decreases; however at this stage this inverse relationship does not hold. Several countries increase production to offset the negative effect on the price decline of revenue. For countries like Russia, Venezuela, Iraq, among others, oil revenues are the main source of public treasury entries.
Some reductions by analysts, also affected investors sentiment, reminding investors that the prices achieved by some stocks can not be fully justified by the fundamentals of their respective companies.
The fall of oil and the rebirth of the fears in Europe are two factors that correlate with each other. The uncertainty caused by the Greek political situation leads to a devaluation of the Euro against other currencies, especially against the Dollar. The appreciation of the dollar has a negative effect on commodities and more particularly on oil. Affecting the price of this raw material was also the alleged increase in production of some countries like Russia and Iraq. Usually when the price of a good falls its supply decreases; however at this stage this inverse relationship does not hold. Several countries increase production to offset the negative effect on the price decline of revenue. For countries like Russia, Venezuela, Iraq, among others, oil revenues are the main source of public treasury entries.
Some reductions by analysts, also affected investors sentiment, reminding investors that the prices achieved by some stocks can not be fully justified by the fundamentals of their respective companies.
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postman
Today is going to be fun!
As if we havent had enough this week.
As if we havent had enough this week.
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postman
I always thought oil floated, but apparently it just sinks. $47 😱
I'm sure it was $110 just a little while ago, never mind who needs oil?
I'm sure it was $110 just a little while ago, never mind who needs oil?
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postman
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postman
Oil still going down faster than the Exxon Valdez.
SuddenDeath
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when reagan toppled soviet evil empire he did a side deal with saudis and got crude down to $13
Putin is alleging something similar is happening
Dentalfloss
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Largest rise in SNB FX reserves since Q2 2012, with much of the proceeds going to Euro govts, almost renders ECB QE discussion redundant - and as with Fed rate hike talk underscoring policy divergence, Draghi manages to get someone else to do the heavy lifting, because Euro area politicians continue to shirk their responsibilities.
from Marc Ostwaid
from Marc Ostwaid
Dentalfloss
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euro rise ??
risk off ??
lets see..
comments are from Marc Ostwald
risk off ??
lets see..
comments are from Marc Ostwald
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Dentalfloss
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Wow Dec FX reserves soar to CHF 495.1 Bln from Nov CHF 462.7 Bln - now that is proper intervention, money printing!
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postman
Thats why we dont raise a fuss when the Saudis behead people in their country, yet it causes international outrage when 'others' do the beheading.
Its a crazy world run by crazy people.
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postman
How low can the Dax go this time.
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postman
Dax 60 point rally in 13 minutes I said it would be fun today.
