tax on financial transactions

Posted by alseq on 27th of Sep 2011 at 06:12 pm

this will only agravate the liquidity trap of european banks...more money moving away

ES

Posted by alseq on 27th of Sep 2011 at 04:35 pm

tx Steve

spx

Posted by alseq on 27th of Sep 2011 at 04:21 pm

Steve, please post pivot and support and resistance in ES for tomorrow

usd and br real

Posted by alseq on 21st of Sep 2011 at 11:47 am

Br real again sharply lower....seems that usd devaluation is not a favoured scenario right now...

operation twist

Posted by alseq on 19th of Sep 2011 at 01:53 pm

maybe the market is pressing for more cash even harder than for this forecasted twist in the yield curve....and if no further  cash  provided we may end up in deflation....

usd-b real

Posted by alseq on 19th of Sep 2011 at 01:15 pm

tryed to find news that could explain this....didn't find any....only one should be repatriation of hot money on a risk aversion mode

usd breal

Posted by alseq on 19th of Sep 2011 at 01:09 pm

Brazilian real taking a hit today versus the usd...any comments...seems to me a  pretty good sign of risk aversion going on...

at the mercy of any government in europe

Posted by alseq on 9th of Sep 2011 at 12:15 pm

...be it Germany, be it the Greeks, the true Fins, whoever pulls the trigger

All it takes is one government to say "to hell with this" and the whole mess unravels

germany

Posted by alseq on 7th of Sep 2011 at 07:44 am

As expected:

No previous infringement but:

"But they also ruled that in future the budget committee of the Bundestag must give its prior approval before any further German financial guarantees for loans to its 16 partners in the eurozone." ( from the FT)

USD

Posted by alseq on 6th of Sep 2011 at 12:18 pm

Matt/Steve

Although a tough one, ould you express your views on the usd if closes today where it is at the moment and in particular below 1,4 against the eur

german vote

Posted by alseq on 6th of Sep 2011 at 10:14 am

My feeling on this, is that they will not rule ilegal what has been done so far in what concerns the Greek, Irish and Portuguese bail outs...but going forward probably it will be much harder for Ms Merkel to put together solutions (without a vote in   the bundestag) with the EU and the ECB if a major problem arises in the future with regards to Spain and Italy....

Kind of mixed bag answer but fr me quite negative...one deals with the past, the other with the future

CHF

Posted by alseq on 6th of Sep 2011 at 09:49 am

After the CHF loosing its appeal as a safe heaven today, GOLD gets reinforced in my opinion...last fortress are the sovereign bonds of strong nations...after that, free way for gold in my opinion...nothing left to hide

dax

Posted by alseq on 5th of Sep 2011 at 01:51 pm

61,8% retracement of the up move 2009/2011 in the dax is about 5120

dax

Posted by alseq on 5th of Sep 2011 at 01:32 pm

i hear that the short ban on stocks in Italy, Spain, France and Belgium had as collateral effect that people are hedging through the Dax...That is an explanation for the Dax moving down sharply and harder than other indexes

 

us treasury bonds

Posted by alseq on 26th of Aug 2011 at 09:52 am

From a few conversations I had with some treasurers here in Europe, I get the feeling that international money market funds have been pulling out of Europe because of the debt crisis, specially from french and italian banks....seems that for quite a while they have been investing alternatively in us treaury bonds ...might explain part of that big spike in prices of the last few weeks...

 

dba

Posted by alseq on 19th of Aug 2011 at 01:21 pm

dba in a very nice move today

 

tbt

Posted by alseq on 19th of Aug 2011 at 12:49 pm

buying some sept 25 calls on tbt now for a buck

tx for uup charts Steve for

Posted by alseq on 19th of Aug 2011 at 12:36 pm

tx for uup charts Steve

for me usd and euro are like 2 old women trying both to help each other walking down the street...

Interested to see which breaks first and maybe for the usd to go higher need tbt to put a bottom in place

 

 

any comments on usd appreciated

Posted by alseq on 19th of Aug 2011 at 11:59 am

any comments on usd appreciated

printing USD

Posted by alseq on 8th of Aug 2011 at 06:03 pm

and the magic is noone needs topay any interest...just pay for the printing machines....for sure berkshire will own that business...lol

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