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Yes Moon. Defies logic. ZAR gained on the news and turned around with a vengeance. WTF? The EURO should have lost value and not gained.

Most traders do not trade on the news but wait for it to turn before getting in as the move is always overdone and will retract back but not as far. This retractment is not logical to me.

The market jumped to above 1.30 and then dropped nearly instantly to a low 1.28. This huge swing took place because Mario Draghi in a question and answer session after the ECB decision announced there will not be any further rate cuts. There was a chance negative interest rates would be introduced and as they have now been all but written off the market has put its confidence in the Euro - See more at: http://www.eurorateforecast.com/#sthash.JSxMzxwo.dpuf

And then gains again the next day. Currency traders must be making a killing, or losing the shirt off their backs!

lon

anyone looking for info about megastocx, instastocx, tiestacron, MSI???

Brazil was recently downgraded to junk but:
The index is now up just over 30% for the rolling month, against the backdrop of growing bullishness on South American markets, following moves this year by recently elected President Mauricio Macri to reform neighbouring Argentina’s economy.

I'm of the opinion that the world is on a downward spiral and that gold is going to become very scarce in the next 2 years so I'm trying to own the mines (just like some other Zuptas). If you invest where the president invests you can't go wrong.