Apparently the EU Energy minister's comments were ill timed as
they occurred last night and came accross the tape, appearing as
though something was imminent in Japan (a melt down). Neither were
the case. Poor news handling.
" Europe's energy commissioner "out of control" comments made
last night The Telegraph reported earlier that Günther Oettinger,
Europe's energy commissioner, said: "There is talk of an apocalypse
and I think the word is particularly well chosen. Practically
everything is out of control. I cannot exclude the worst in the
hours and days to come." EU Energy Chief says situation at Japan
Nuclear plant out of control, DJ says"
and POMO will actuially occur later this afternoon, they're just
delaying it for volatility issues..
Posted by lessarda on 16th of Mar 2011 at 12:03 pm
The US / EU / IAEA are all increasingly frustrated by the lack
of disclosure coming out of Japanese ministries. Uncertainty is
going to heighten fear, especially with nuclear energy. Which
direction are surprises likely to be in? You have to assume
negative until there's clear evidence that things are under
control.
News that wasn't
Posted by klatuu on 16th of Mar 2011 at 11:48 am
Apparently the EU Energy minister's comments were ill timed as they occurred last night and came accross the tape, appearing as though something was imminent in Japan (a melt down). Neither were the case. Poor news handling.
" Europe's energy commissioner "out of control" comments made last night The Telegraph reported earlier that Günther Oettinger, Europe's energy commissioner, said: "There is talk of an apocalypse and I think the word is particularly well chosen. Practically everything is out of control. I cannot exclude the worst in the hours and days to come." EU Energy Chief says situation at Japan Nuclear plant out of control, DJ says"
and POMO will actuially occur later this afternoon, they're just delaying it for volatility issues..
Klatuu
There is also a great deal of frustration with Japan...
Posted by lessarda on 16th of Mar 2011 at 12:03 pm
The US / EU / IAEA are all increasingly frustrated by the lack of disclosure coming out of Japanese ministries. Uncertainty is going to heighten fear, especially with nuclear energy. Which direction are surprises likely to be in? You have to assume negative until there's clear evidence that things are under control.
maybe
Posted by hazbin1 on 16th of Mar 2011 at 11:49 am
using quick link to Nikkei futures above, they now down ~5% from close
opex games with old news
Posted by law6 on 16th of Mar 2011 at 12:03 pm