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Author Topic: Today's Outlook  (Read 840933 times)

Moneypenny

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Re: Today's Outlook
« Reply #105 on: May 03, 2013, 11:44:56 am »
EU lowers 2013 EU Area growth forecast from -0.3% to -0.4%
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Nivek

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Re: Today's Outlook
« Reply #106 on: May 03, 2013, 01:25:53 pm »
Quote from: Moneypenny on May 03, 2013, 11:44:56 am
EU lowers 2013 EU Area growth forecast from -0.3% to -0.4%

Quite a worrying state of affairs. Southern europe is in a sorry state. Take a look at the graphic here: http://www.economist.com/blogs/graphicdetail/2013/04/european-economy-guide

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Moneypenny

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Re: Today's Outlook
« Reply #107 on: May 03, 2013, 07:23:17 pm »
FTFO
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Patrick

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Re: Today's Outlook
« Reply #108 on: May 05, 2013, 10:30:48 am »
Quote from: Moneypenny on May 03, 2013, 07:23:17 pm
FTFO

You're making me feel old Moneypenny, I had to google that :D
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Moonraker

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Re: Today's Outlook
« Reply #109 on: May 05, 2013, 12:47:48 pm »
Quote from: Patrick on May 05, 2013, 10:30:48 am
Quote from: Moneypenny on May 03, 2013, 07:23:17 pm
FTFO

You're making me feel old Moneypenny, I had to google that :D
Brave enough to share with the rest of us, hmm.. ?
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Moneypenny

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Re: Today's Outlook
« Reply #110 on: May 05, 2013, 08:00:22 pm »
What can I say?  Friday PM market was really mean for shorts and I was in no mood to type full sentences or even words for that matter.  Guess I felt a bit antoganistic but back to my old charming self now. ;D
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Nivek

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Re: Today's Outlook
« Reply #111 on: May 06, 2013, 08:00:58 am »
China's PMI lowest in 2 years, more Chinese numbers out this week, merchandise trade balance on wednesday, CPI and PPI on thursday. Today we have European PMI at 10 and retail sales at 11. South Africa's Q1 unemployment will also be out this afternoon.
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Moneypenny

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Re: Today's Outlook
« Reply #112 on: May 06, 2013, 02:46:12 pm »
Had my @$$ handed to me on a silver platter last few sessions, not so much fun. :'(

SA unemployment rate @ 25.20% as expected, previously 24.90%.  Draghi speaks at 15:00, no idea why though.
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jaDEB

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Re: Today's Outlook
« Reply #113 on: May 06, 2013, 05:27:51 pm »
Quote from: Moneypenny on May 06, 2013, 02:46:12 pm
Had my @$$ handed to me on a silver platter last few sessions, not so much fun. :'(

SA unemployment rate @ 25.20% as expected, previously 24.90%.  Draghi speaks at 15:00, no idea why though.

Check if mine is not also there, mine was stuffed with gold, thus look for my @ss at the bottom... pun intended..
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jaDEB

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

Nivek

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Re: Today's Outlook
« Reply #114 on: May 07, 2013, 07:43:42 am »
If I had a rand for everytime I took a beating I wouldn't need my other investments  >:(

The Nikkei is up over 3%. I'm trying to find reasons, but other than some weakening of the Yen and some good results out, I can't find anything to justify such a large climb. Anyone?
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Moneypenny

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Re: Today's Outlook
« Reply #115 on: May 07, 2013, 09:18:58 am »
Sometimes it is good to be reminded of the nature of the beast we're battling daily :D, also good to be reminded it happens, get over it and move on - thank you jaDEB & Nivek.  ;)

I can give you a lot of reasons why Nikkei or any other market for that matter, shouldn't be up 3%+ but sanity doesn't prevail atm. (Might be Auz's rate cut earlier today come to think of it.) Furthermore German factory orders at 12:00 and that's about it for today. 

For now, I will abide my time and wait patiently to short again, :) luckily I'm in another province this week so time should fly by.

Edit:  German factory orders Prev 2.2%, Exp -0.5%, Actual 2.2%
« Last Edit: May 07, 2013, 12:36:09 pm by Moneypenny »
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Orca

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Re: Today's Outlook
« Reply #116 on: May 07, 2013, 03:53:02 pm »
Markets do strange things that we cannot fathom. Look at Black Monday in 1987 I think. If I remember correctly the Dow dropped 27% in 1 day and nobody knows why.
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Moneypenny

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Re: Today's Outlook
« Reply #117 on: May 07, 2013, 04:39:02 pm »
 ;)
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Moneypenny

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Re: Today's Outlook
« Reply #118 on: May 08, 2013, 09:17:58 am »
Chinese trade balance, Prev -0.88B, Act 18.16B, @ 12:00 German Industrial Production Prev 0.5%, Exp -0.1% Act 1.2%
« Last Edit: May 08, 2013, 12:03:34 pm by Moneypenny »
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Nivek

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Re: Today's Outlook
« Reply #119 on: May 08, 2013, 09:59:07 am »
Nikkei continuing it's climb into a 5 year high...
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