Australia was very very happy : don't open. Japan 112 pips up and Hong Kong recover all they lost on Friday(554 pips). Shangai neutro and/but down 11 pips > last week suggests that NO FURTHER PROGRESS. Taiwan neutro and/but up 14 pips > to follow something else here: the biggest flood of the past 50 years by typhoons and China also suffered in a part of its territory. We advance and assured that natural disasters'll follow in the East and no one can predict the magnitude. Not Al Gore at the board > only the reality. ------------------------------------------------------------- THE BIG NUMBERS SAYS: The Euribor three consecutive up days (1,354%). The OIL fighting their support of $ 70 (started selling 50% here). Dolar sustained by the employment report on Friday and last week may write about your best news: FDIC wasn't working and Sheila has some resting days.: more than 10 days without closing banks and today is no truth: 3 more regional banks are over by the endogenous system.
Duke Energy has been very slack demand from small businesses. My beloved turtle FE didn't seem to walk so far from Duke. With stronger (of course very relative the "stronger") dollar in comparison to the rest of the variables, the DJIA looks exhausted and without forces even to walk and chewing gum at the same time.
Slighty bearish all the big numbers. If OIL below 70 may be time for some TZA/FAZ
Mervyn King (BANK OF ENGLAND), 'll make this warning on Wednesday, coinciding with the latest official data on inflation, according to The Daily Telegraph today forward. Very painful recovery newspaper says that Mervin admitted > the worst of the recession has passed and that the GDP could increase by the end of the year, but require that the recovery may be even more painful that the crisis itself. The risk that the country'll fall into "the trap of deflation over-indebtedness" could be one of the reasons that last week the Bank of England approved increased funding for economic recovery program at 50,000 million pounds (58,000 euros). A former member of the Monetary Policy Committee, the public body responsible for deciding down or if interest rates rise, among other tasks, Sushil Wadhwani, reinforced this view by noting that next year could be even worse than 2009, as a "second wave" of the economic crisis could affect the United Kingdom . These findings are consistent with the diagnosis of the late Nobel laureate in economics Paul Krugman, who already warned that they are not taking sufficient measures to prevent a slowdown in economic growth as occurred in Japan. Japan grew dramatically during three consecutive decades, from 60, but between 1992 and 2002 GDP increased on average around 1.3%. It was not until 1998, after concluding that the scope of the crisis could be greater than expected when the authorities decided to develop a reorganization plan with the bank that avoided bankruptcy in the sector through public aid to those most feasible and introduced regulatory changes to strengthen the work of supervision by the Executive.
"Growing Evidence" Despite signs that economic recovery has begun and that the worst of the recession has passed, Wadhwani said that "there is growing evidence" that the United Kingdom is following the same path as Japan in the 90s. "Recession is finished in the sense that now we have probably three or four quarters of rebound. People mistakenly believe that things will return to normal then, "said Wadhwani, who emphasized that these signs of improvement are due to temporary factors." The second half of 2010 could be more difficult for the United Kingdom to 2009. There'll be a further tightening of tax, the VAT cut 'll have disappeared and the world 'll slow down. There'll be many things coming at the same time that'll hurt the economy, "noted --------------------------- If your grandparents anticipate all , and Mr Bernanke and King made it clear last week that no recovery in sight. The other detail is the time: so many people predicting (TTheory) second half of 2010.
(sooobearish minister returns at second half 2010?)
Forgot Europe Board: All is RED THERE and SSGermany 50 pips down (1%). ______________________________
Something really fun happens in the emerging South American. Raining again the Ben press dollars.
If your GREEN FRANKLIN rains over Brazil, Mexico, Chile or Colombia is understandable, but the same thing happen in Argentina!!!! and is of concern. The U.S. monetary policy has been the same for more than a century: the emitted dollars can't stop within your borders because generates inflation. US exports it currency to the rest of the world to negotiate with them and suffer the same consequences. Dollars only return home when you 've great crisis and this signal in Argentina (here are escaping over 1 U$S billion monthly), where investors are selling dollars means that the outflow of money from U.S. has begun again. This time with some haste: why? The Chinese 've also benefited from the fracture system to expand their YUAN.