AU ECON: AiG Performance of Construction Index 30.9 in September vs 32.2 in August.
Are you bear or bull? 8 replies
Stop raid Strategies 0 replies
US Dollar Bull or Bear for the near term (This week) 13 replies
DislikedSnooze I will answer these questions on Saturday afternoon when i post a chart and fundi that really explains what I think several econimist are not putting into their models. As for the Gold/$a correlation that does not exist at least this last half of the year correlation coefficient has been swayed towards Inverse. I will post a chart below for a little example of what I mean.
1st if dollar continues to weaken this does not necessarily give AUD/USD a strong reading for a buy. Why? because this week alone AUD/USD has been focused on the fundamental...Ignored
Dislikedsorry i use alot of acronyms CorCeof is correlation coefficient here is a brief reading on it
http://www.forecasts.org/cc.htm
As for what to look for I recommenced reading the Alchemy of Finance over the next week or so written by the man himself George Soros. He explain much better than I could the Divergence between expectations and reality and then delves into what causes this, how to spot it, and he talks alot about Credit/Banking which is where I am focused on in Australia..
I would recommend you start looking a financial...Ignored
Dislikedsnooze,
let me find the spreadsheet I used to use for free/small fee news on Australia im sure its in one of the boxes of memory sticks I haveIgnored