3751.00 maybe next "support".
Short DAX at 7740
- Thread starter ASusilovic
- Start date
Long 3886.00.
Observation :
US 30 yr Treasury Bonds "trapped" for February between 130.00 and 126.00. Despite ugly news from macroeconomic front, no signs of further upward "pressure" on prices. Seems, every rally is being sold.
I think there is the perception better macro numbers might come in for the month ahead.
Then, of course, there is my planned trip to NYC where I will spent some of my hard earned USD which will support the US economy in my very personal way.
US 30 yr Treasury Bonds "trapped" for February between 130.00 and 126.00. Despite ugly news from macroeconomic front, no signs of further upward "pressure" on prices. Seems, every rally is being sold.
I think there is the perception better macro numbers might come in for the month ahead.
Then, of course, there is my planned trip to NYC where I will spent some of my hard earned USD which will support the US economy in my very personal way.
240 min SMA at 3934.00. Might be a congestion area...
Lloyds Banking Group shares up 27.5%
Royal Bank of Scotland up 28.6%
Allianz shares up 8.5%
UBS shares up 11.8%
Royal Bank of Scotland up 28.6%
Allianz shares up 8.5%
UBS shares up 11.8%
Expect a "fight" for 3896.50.
Euro-zone Jan. annual CPI slows to 1.1% from 1.6% December
Euro-zone unemployment rises to 8.2% in January
I think, Mr. Trichet & friends have a good "reason" to lower rates...
Euro-zone unemployment rises to 8.2% in January
I think, Mr. Trichet & friends have a good "reason" to lower rates...
Buying FDAX 3812.00.
one of the reasons France is opposed to lower interest rates comes from the "livret A".
The livret A investment until recently yielded 4% tax free for a maximum investment of 15 300 â¬. The yield has been lowered to 2.50% as of the first of february 2009.
ECB rates stand at 2%!!!
where does the negative carry come from?
There are more than 50 million Livret A in France representing more than 140 billion euros in savings.
The Livret A is guaranteed by la CDC (French State owned) and is used to... build social housing among other things.
This is typically French. You put your savings in the Livret A, you get a better rate than what would be economically justified (subsidising people' savings, l'epargne du peuple), it is guaranteed by the French State, but because it is guaranteed by the French state, it is used by it to fund social housing....
sounds like a ponzi scheme to me.. when people start pulling out of Livret A, that could be another element contributing to the great collapse
The livret A investment until recently yielded 4% tax free for a maximum investment of 15 300 â¬. The yield has been lowered to 2.50% as of the first of february 2009.
ECB rates stand at 2%!!!
where does the negative carry come from?
There are more than 50 million Livret A in France representing more than 140 billion euros in savings.
The Livret A is guaranteed by la CDC (French State owned) and is used to... build social housing among other things.
This is typically French. You put your savings in the Livret A, you get a better rate than what would be economically justified (subsidising people' savings, l'epargne du peuple), it is guaranteed by the French State, but because it is guaranteed by the French state, it is used by it to fund social housing....
sounds like a ponzi scheme to me.. when people start pulling out of Livret A, that could be another element contributing to the great collapse