Author Topic: Today's Outlook  (Read 494560 times)

Moonraker

  • Hero Member
  • *****
  • Posts: 1095
  • Karma: +31/-0
    • View Profile
Re: Today's Outlook
« Reply #360 on: October 14, 2013, 03:53:20 pm »
Equities on the defensive as agreement to extend the debt ceiling and end partial shutdown remains elusive

Bond market closed for Columbus Day

China's trade surplus disappoints ($15.20 billion actual, $27.70 billion expected) as exports register first decline in three months; inflation comes in hotter-than-expected (CPI 0.8% actual, 0.5% expected)



Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #361 on: October 15, 2013, 09:08:23 am »
Words like 'optimistic' are being thrown around recently, let's wait and see.

SA40 +186, gold @ 1272, plat @ 1377, F&G 40 (better), VIX +2.23% (worse) @ 16.07.

Eco reporting:

10:30 GB CPI
11:00 German ZEW eco sentiment

Asia mixed, Europe just opened range of +0.3% to +0.7%, SAT40 @ +182

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #362 on: October 15, 2013, 09:11:45 am »
Hallo!

SAT40 + 261

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #363 on: October 16, 2013, 08:01:17 am »
SA T40 up yesterday +572 points.

Is it just me or is the USA defaulting tomorrow?  US ended in red last night, Asia red except for Nikkei barely green @ 0.01%.

VIX +16.12%, F&G 34 Fear, IGMT40 -62.

10:30 UK unemployment rate previous 7.7%
13:00 SA Retail sales (YoY), previous 2.80%, expect 1.20%.
20:00 Draghi speaks

Edit:

To recap USA negotiations :

Friday
Potential agreement from Boehner/Obama (markets got excited)

Saturday
Talks collapsed

Monday
Senate debate between Reid/McConnell (markets got excited) - No agreement

Tuesday:   
Senate adjourning at 4am today SA time. Reports said Reid/McConnell were close to a deal on a Senate bill and that, if passed, it would then go to the Republican-led House of Representatives but other reports also said negotiations to reopen the government and lift the U.S. debt ceiling failed after House Republicans’ plans to vote on their own proposal fell apart.

Wednesday: The Senate to reconvene at noon Wednesday. (6pm for us)

Tomorrow:
USA defaults if no agreement reached.
« Last Edit: October 16, 2013, 08:49:40 am by Moneypenny »

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: Today's Outlook
« Reply #364 on: October 16, 2013, 09:07:29 am »
Washington -

The Fitch credit rating agency has warned that it is reviewing the US government's AAA credit rating for a possible downgrade, citing the impasse in Washington that has raised the threat of a default on the nation's debt.

Fitch placed the US credit rating on negative watch on Tuesday, a step that would precede an actual downgrade. The agency said it expects to conclude its review within six months.

jaDEB

If it scares you, it's a sign you need to do it

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: Today's Outlook
« Reply #365 on: October 16, 2013, 11:27:08 am »
The market is of the opinion that the Treasury isn't going to run out of money until November 1, so October 17 is the soft deadline," said Victor Thianpiriya, commodities analyst at ANZ .
jaDEB

If it scares you, it's a sign you need to do it

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #366 on: October 16, 2013, 01:57:40 pm »
13:00 SA Retail sales (YoY), previous 2.80%, expect 1.20%

Came in far better than expected @ 3%, somebody's calculations way off - Statistics SA you read me?

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: Today's Outlook
« Reply #367 on: October 16, 2013, 05:18:57 pm »
Senate leaders reached agreement Wednesday to avert a threatened Treasury default and reopen the government after a partial, 16-day shutdown, according to a Republican senator who also said the House might vote first on the plan to speed its approval.  :P
jaDEB

If it scares you, it's a sign you need to do it

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #368 on: October 17, 2013, 08:43:40 am »
Whoopdeedoo, no surprise here with Washington lawmakers voted to reopen the U.S. government and raise the debt ceiling.

Obama signed the legislation passed by Congress late Wednesday to restore federal operations, fund the government through Jan. 15, and to raise the debt limit until Feb. 7. The House passed the Senate-crafted bill by a 285-to-144 margin.  Federal employees were expected to return to their positions Thursday.

Asia all green atm, US futures red, gold @ 1278, crude @ 102, IGM T40 @ -109 atm, but wait for it:  8:30am stop loss hunters almost here, will update new point count shortly.

10:30 GP Retail sales (MoM)
14:30 US Initial jobless claims

F&G @ 43, VIX @ -21.17% :D

Back to T40, opened 8:30 @ 39 632, closed 1 minute later 39 541, now 39 661.


Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #369 on: October 18, 2013, 07:46:13 am »
Chinese GDP 4am better than expected @ 2.2%, previous 1.7%. 

S&P ending at record last night.

Asia green atm, US futures green.

Gold 1316, Crude 101

IGM T40 +253,  F&G 48 Neutral, VIX -8.36 @ 13.48.

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: Today's Outlook
« Reply #370 on: October 18, 2013, 07:59:37 am »
In the early hours of the New York morning on Thursday, when scarcely a few hundred lots of gold futures are usually traded, a wave of buy orders worth over $2.3 billion surged into the market
jaDEB

If it scares you, it's a sign you need to do it

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #371 on: October 21, 2013, 08:21:04 am »
Everything is green:  the markets, current, pre & post, as well as the grass thanks to all the rain.

Australia hitting new 5yr-high this Monday morning and encouraging remarks from Beijing lead China into regional gains.

Shanghai Composite +1.38% leading Asian markets higher on  expectations of new government strategies.

VIX 13.04 -3.25%, IGM T40 +88, F&G @ 57 'Greed', Put & Call options @ 'Neutral' & Junk Bond Demand @ 'Extreme Greed'

Gold 1321, Crude 101

16:00 US Existing home sales plus busiest week for earnings reporting in US.

I'm particularly interested in Naspers today myself.

Aragorn

  • Global Moderator
  • Full Member
  • *****
  • Posts: 162
  • Karma: +10/-0
    • View Profile
Re: Today's Outlook
« Reply #372 on: October 21, 2013, 08:23:16 am »

I'm particularly interested in Naspers today myself.
With Tencent up around 5% today, so am I. Perhaps the 1000 mark is imminent?
Not idly do the leaves of Lorien fall.

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #373 on: October 21, 2013, 08:31:23 am »
Yay!

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #374 on: October 21, 2013, 11:58:49 am »
WTI Crude Nov'13 Fut dipped below $100 @ $99.93