EURUSD

I see, interesting approach. I shall observe the masters at work. Much appreciated.

you reffering to masters of puppets there?

If I was trading, I would watch the PA around 3021 to foretell the fiber's fate. At this point .3111 is going to be a short area if the PA agrees at that point.

No the puppet masters are the Banks drawing the charts, true masters are the ones that see thru the BS. Observing those masters' work.

Possible reversal

bond yield falling even Greek 2 year bond fall 230 basis points

DAX looking very happy atm. Could be that we are in a post santa environment there. I have 6.156 and later on 6.240 as a mofoSS which should be dealt with patiance. We could be seeing some nice rejection at these levels. Watch them closely as we speak. (as we are closing into NY open one should be watchiing S&P closely!)

Italy looking depressed and without santa hat there. Yields are around 7% and not looking very happy. The only good sign was yesterdays low liquidity yield fall. If we continue in that matter we could be closer to Spain yields (atm at 5,1%).
If we get that optimistic we could easily see a retrace on fiber. And we are talking for a few hundred pips. So very carefull with those short piggies there.
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As for fiber atm.

I have 1,3012 which will be a breaker there. Later on I have a cluster of 1,3032-42 where everything could be decided.

Now we are solving 1,2995 and we could revisit 82 and 70 with ease. Still, as seen for now we have some optimistic sentiment on our hands.

News wire.

We have unempleyment for Germania today and some news in NY session. Nothing special.

Laandan coming up in 20 min.

is this good or bad for the Euro ?

tell me about it. I own greek debt

I look closely cus I have a 160% payment coming up in 3 months time if we survive this shjit! The price where I bought them is not bad if I try to get out obviosly.

Crossing fingers there.

its a start of good sign , Italian 10y now 6.879 if it can go under 6 it's jackpot

now it on the way to the top...

But if the bond goes down, it means less money for the country. How is this suppose to be good for them ? could you explain this to me, I never been able to understand bonds

i looking for demo account for bond trading did you come a cross anything ?. no intention of live trading but good to again some knowledge.

Edit : dax moving bit fast , London opening might give supply (6172/80)

rock out with your cock out euro!!

Feel:

Solid manufacturing data from China and Australia gives risk appetite a boost as the year 2012 starts. New Zealand dollar and Australian dollar gain most broadly while Aussie makes another record high against Euro. The official China Manufacturing PMI released over the weekend climbed back to expansion level of 50.3 in December. The dip to contraction region below 50, at 49 in November seemed to be brief so far and the manufacturing industry is steady ahead. Improvement across the components was also broadly based. Details suggested that the slowdown in domestic demand has stabilized with 'new order' gaining 0.9 points to 49.5 and 'new export order' rising to 49.4 from 47.1 in November. Meanwhile, the 'overstock order' gained modestly to 46.0 in December from 45.7 in November. Note that these three readings remained in contraction but the improvements signaled stabilization in domestic demand. Meanwhile, China's non-manufacturing PMI also rose impressively from 49.7 to 56.0 in December.

Meanwhile, According to the report by HSBC and Markit, India's PMI added 3.2 points to 54.2 in December. The improvement indicated that the country's economic outlook should not be as weak as GDP and IP data had suggested. As stated in the HSBC report, the data brought 'some relief with regards to growth' as 'domestic demand is providing solid support for activity on the ground. Moreover, the rise in overseas orders suggests that conditions for export oriented industries are maybe not quite as dire as feared'. Yet, the central bank of India would continue to reverse monetary tightening implemented since March 2010 to stimulate growth.

The Australian manufacturing PMI also expanded for the first time in six months in December, up from November's 47.8 to 50.2. Impressive jump was seen in supplier deliveries, which rose 6.9 pts to 52.8. Production sub-index rose 1.4 pts to 51.0 while new orders rose 1.8 pts and was at 49.9. The only sub-index that recorded a fall was exports which dropped -6pts to 47.4. The data points to resilience of the Australian manufacturers against global headwinds.

More PMI data will be released later today, with Swiss SVME PMI expected to recover to 45.34, UK PMI manufacturing is expected to drop slightly to 47.3. US ISM manufacturing is expected to rise to 53.2 in December. Also featured are German unemployment, US construction spending and FOMC minutes.

Higher yield means bond buyers get more interest on purchased bonds when they expire.

If a country sells bonds they are borrowing money for the period of issuance and have to pay it back after expiration, plus interest attached which is the yield.

nop
done it over some brokerage by phone

up??

Well thank you alot for giving me accurate information, that we help me alot in the future.