aussiebear Posted October 5, 2010 Report Share Posted October 5, 2010 Yahoo charts still iffy. At this stage Kiwis -0.4%, Aussies -0.9% and Singers -0.4%. A touch of gloom & doom for the Aussie market: IT -1.5% and Miners/Materials -1.3%. The only green sector is REITS +0.2%. Link to comment Share on other sites More sharing options...
aussiebear Posted October 5, 2010 Author Report Share Posted October 5, 2010 http://finance.yahoo.com/intlindices?e=asia Link to comment Share on other sites More sharing options...
aussiebear Posted October 5, 2010 Author Report Share Posted October 5, 2010 http://money.cnn.com...s/morning_call/ http://www.kitco.com http://www.kitconet....ase_metals.html Link to comment Share on other sites More sharing options...
aussiebear Posted October 5, 2010 Author Report Share Posted October 5, 2010 Jaguar dealership found in Tokyo, Japan. Link to comment Share on other sites More sharing options...
aussiebear Posted October 5, 2010 Author Report Share Posted October 5, 2010 All Ords managed to crawl off the lows to close -0.4%. IT -1.4% was downside lead followed by Miners -1%. A few more sectors went green of which REITS and Consumer Staples had the biggest gain, +0.7% for both. Over in Asia Nikkers on a run, +1.4% with others less enthusiastic: Honkers -0.4%, India +0.2% and Singers -0.3%. On to UK/Europe: Link to comment Share on other sites More sharing options...
swordfish Posted October 5, 2010 Report Share Posted October 5, 2010 Sometimes I thnik I watch Onion news, but ITS NOT Is A 90 Day "Mortgage Meltdown" Foreclosure Moratorium Imminent As The RoboSigning Scandal Goes Mainstream? http://www.zerohedge.com/article/90-day-mortgage-meltdown-foreclosure-moratorium-imminent-robosigning-scandal-goes-mainstream what a mess, WTF? Link to comment Share on other sites More sharing options...
swordfish Posted October 5, 2010 Report Share Posted October 5, 2010 Third of Australian Smartphone Users Admit to Using the Phone on the Toilet http://www.cellular-news.com/story/45740.php Link to comment Share on other sites More sharing options...
swordfish Posted October 5, 2010 Report Share Posted October 5, 2010 Google Android apps found to be sharing data Some of the most popular apps written for Google's Android phones do not tell users what is done with data they gather, says a study by US researchers. Half of 30 applications studied share location information and unique identifiers with advertisers. http://www.bbc.co.uk/news/technology-11443111 Link to comment Share on other sites More sharing options...
aussiebear Posted October 5, 2010 Author Report Share Posted October 5, 2010 BOJ Steps Up Asset Purchases, Lowers Benchmark Interest Rate The Bank of Japan pledged to keep its benchmark interest rate at “virtually zero” until deflation has ended after unexpectedly reducing borrowing costs for the first time since 2008 and expanding its balance sheet. The bank cut the overnight call rate target to a range of 0 percent to 0.1 percent, the lowest level since 2006, from 0.1 percent, it said in a statement in Tokyo. Policy makers will set up a 5 trillion yen ($60 billion) fund to buy government bonds and other assets, inflating the balance sheet at a time when U.S. and U.K. central bankers are contemplating similar moves. Link to comment Share on other sites More sharing options...
aussiebear Posted October 5, 2010 Author Report Share Posted October 5, 2010 Australia Unexpectedly Keeps Rates Unchanged; Currency Drops Australia’s central bank unexpectedly left its benchmark interest rate unchanged for a fifth straight month, triggering the biggest drop in the local dollar in six weeks amid signs of cooling domestic demand. Reserve Bank of Australia Governor Glenn Stevens kept the overnight cash rate target at 4.5 percent, as forecast by only six of 25 economists surveyed by Bloomberg News, the RBA’s statement showed in Sydney today. Stevens added that it’s likely that higher borrowing costs will be needed “at some point.” Evidence is mounting that households, which account for more than half the economy, are spending less after policy makers embarked on the most aggressive round of interest rate increases by a Group of 20 member. Retail sales growth slowed in August to the weakest pace in six months and advertisements in newspapers and the Internet gained in September by the smallest amount since April, reports showed today. Link to comment Share on other sites More sharing options...
aussiebear Posted October 5, 2010 Author Report Share Posted October 5, 2010 Europe Services, Manufacturing Cool as Retail Sales Decline Europe’s services and manufacturing industries grew at the slowest pace in seven months and retail sales unexpectedly declined, adding to signs the region’s recovery is losing momentum as governments step up budget cuts. A composite index based on a survey of euro-area purchasing managers in both industries fell to 54.1 in September from 56.2, London-based Markit Economics said today. It had initially reported a drop to 53.8. A reading above 50 indicates expansion. A separate report showed retail sales fell 0.4 percent in August. Economists had forecast a 0.2 percent gain, according to the median of 21 estimates in a Bloomberg News survey. Europe’s recovery is weakening as governments from Ireland to Portugal accelerate efforts to tackle their budget deficits just as the global economy weakens. European Central Bank President Jean-Claude Trichet said on Sept. 30 that he remains “cautious,” while concern about the strength of the recovery pushed the Bank of Japan today to reduce borrowing costs for the first time since 2008 and pledge to expand its balance sheet. Link to comment Share on other sites More sharing options...
Slappy Posted October 5, 2010 Report Share Posted October 5, 2010 A bit of action in Old Yeller... Link to comment Share on other sites More sharing options...
K Wave Rider Posted October 5, 2010 Report Share Posted October 5, 2010 The pivots held overnight.. 1135 ES now looks key...gotta be real nimble with any shorts until that is broken... Watch Copper to see if this is final gasp up towards 3.72, or if Dr. Copper has other ideas in mind...3.65 pivot looks very key now... Link to comment Share on other sites More sharing options...
Slappy Posted October 5, 2010 Report Share Posted October 5, 2010 Anybody get rich in this beast yet? that be TRE Will it reach the sky? Link to comment Share on other sites More sharing options...
DrStool Posted October 5, 2010 Report Share Posted October 5, 2010 Precious Metals Update 10/5/10 – Professional Edition Link to comment Share on other sites More sharing options...
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