Posts Tagged ‘Hold’
The Journal ups the ante, saying the anticipated emergency BOJ meeting may take places as early as tomorrow.
Some of the policy steps the BOJ could take would be to increase the amount of funds the BOJ makes available to the banks at a fixed 0.1% for three months. (The market expects at least a [...]
By Fast Brokers – The USD/JPY is continuing its consolidation around its highly psychological 90 level as investors digest headwinds from all different directions. Investors headed towards safe havens yesterday after rumors spread that China is reconsidering its exposure to EU assets. However, the risk trade has made a comeback today after Chinese government officials [...]
This week gold has moved to new all-time highs. I have mixed feelings about it. On the one hand, it’s a great personal vindication, because I’ve been talking about gold as my “best idea” throughout the entire credit crisis.
It has really turned out to be the best idea, in good times and bad — at [...]
By Fast Brokers – The S&P futures are off intraday lows and are fighting to stay above their highly psychological 1200 level as equities battle disappointing GDP data and more negative news concerning Goldman. Advance GDP printed a couple basis points below analyst expectations, adding onto yesterday’s discouraging unemployment claims release. However, the Chicago PMI [...]
