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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #40,761
  • Jul 2, 2012 8:48am Jul 2, 2012 8:48am
Looks like we are already heading to lower part of our range. On the road minor intraday supports at 2564 followed by 2502. Strong intraday at .244

Plenty of time, I go out for a while.

T
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"I know one thing, that I know nothing." Sokrates
  • #40,762
  • Jul 2, 2012 8:58am Jul 2, 2012 8:58am
Some weak usd data is what's going to drive E/U bullishly today.. Regardless of how insignificant it is.. Just an excuse
  • #40,763
  • Jul 2, 2012 9:11am Jul 2, 2012 9:11am
Newswire: Iran parliament just passed a bill allowing for blockade of straight of Hormuz.
  • #40,764
  • Jul 2, 2012 9:23am Jul 2, 2012 9:23am
guys, anyone got disconnected by his broker at 14:00 GMT?
  • #40,765
  • Jul 2, 2012 9:29am Jul 2, 2012 9:29am
Quoting FXSwissTrader
Newswire: Iran parliament just passed a bill allowing for blockade of straight of Hormuz.
Maybe should have been written this way?

Newswire: Iran parliament just passed a bill authorizing their navy to become an artificial reef at the bottom of the straight of Hormuz.

Fantastic news for snorkeling and diving enthusiast.
  • #40,766
  • Jul 2, 2012 9:39am Jul 2, 2012 9:39am
Quoting Tom_D_Trader
Omg rofl. I am long for Iran getting bombed. But when huh? I think they will charge before presidential elections. When people get desperate of shrinking economy, Obama with Uncle Sam are going to wake up US and charge.

T
. They dont seem to be that desperate now, but who knows? Not me for sure.

T
"I know one thing, that I know nothing." Sokrates
  • #40,767
  • Jul 2, 2012 9:45am Jul 2, 2012 9:45am
Price at monthly pivot 1.2566...break of this i think will take us to 1.25 area.
  • #40,768
  • Jul 2, 2012 10:40am Jul 2, 2012 10:40am
Guys, does any of you have a link to Daily CPI Timeserie (whatever format *.csv *.xls *.txt)

T
"I know one thing, that I know nothing." Sokrates
  • #40,769
  • Jul 2, 2012 10:50am Jul 2, 2012 10:50am
Quoting Tom_D_Trader
Guys, does any of you have a link to Daily CPI Timeserie (whatever format *.csv *.xls *.txt)

T
hope this what ur looking for

http://www.bls.gov/cpi/

cheers
“Don't cry because it's over, smile because it happened.”
  • #40,770
  • Jul 2, 2012 10:57am Jul 2, 2012 10:57am
I think PT fell asleep at the beach..
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  • #40,771
  • Jul 2, 2012 10:59am Jul 2, 2012 10:59am
Thx, but thats monthly. I dont even know if it is measured daily. Btw, how about some other inflation index for US?

edit: except for PPI.

T
"I know one thing, that I know nothing." Sokrates
  • #40,772
  • Jul 2, 2012 11:04am Jul 2, 2012 11:04am
Quoting Tom_D_Trader
Thx, but thats monthly. I dont even know if it is measured daily. Btw, how about some other inflation index for US?

edit: except for PPI.

T
http://www.treasurydirect.gov/instit...pi/tipscpi.htm


try this one
“Don't cry because it's over, smile because it happened.”
  • #40,773
  • Jul 2, 2012 11:21am Jul 2, 2012 11:21am
Thx for the answer sisse.
T
"I know one thing, that I know nothing." Sokrates
  • #40,774
  • Jul 2, 2012 11:23am Jul 2, 2012 11:23am
Quoting Tom_D_Trader
Thx, but thats monthly. I dont even know if it is measured daily. Btw, how about some other inflation index for US?

edit: except for PPI.

T
...mate what are you talking about ?

I don't know what are you looking for but even monthly inflation values are sometimes irrelevant as as you know this is a mid/long term measure for policy making.

Maybe this link can help you...http://www.federalreserve.gov/faqs/economy_14419.htm

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #40,775
  • Jul 2, 2012 11:31am Jul 2, 2012 11:31am
Quoting sisse
...mate what are you talking about ? ..
Just searching, thats all. I want to get those correlations running.

T
"I know one thing, that I know nothing." Sokrates
  • #40,776
  • Jul 2, 2012 11:38am Jul 2, 2012 11:38am
Btw, how about to use some other inflation indicator?

M1 or M2 monetary base for example.

T
"I know one thing, that I know nothing." Sokrates
  • #40,777
  • Jul 2, 2012 11:45am Jul 2, 2012 11:45am
Quoting Tom_D_Trader
Just searching, thats all. I want to get those correlations running.

T
Sure, what i meant is that there is no such a thing as "intraday" or daily inflation "prices". The closest example I can think of is Argentina in the hyperinflation years when if I remember correctly the CB has to publish reference exchange rates based on a broad inflation measure every week.

Evaluating inflation is a complex process (as you can imagine) and is better seen in Q gdp accounts o annualized series.

A monthly CPI reading is important in terms of the tendency of the last few readings and in the context of the annual inflation expectations (under/over or inline). Even single over/undershoot readings has to be taken with caution and always according to seasonal factors (December, or a temporary shock via a cut in VAT, etc), and/or strong externalities (oil prices spike on a war, etc).

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #40,778
  • Jul 2, 2012 11:58am Jul 2, 2012 11:58am
Quoting FXSwissTrader
I think PT fell asleep at the beach..
Seems without PT - the action seems to be missing!!!!
  • #40,779
  • Jul 2, 2012 12:01pm Jul 2, 2012 12:01pm
Quoting Tom_D_Trader
Btw, how about to use some other inflation indicator?

M1 or M2 monetary base for example.

T
Well you are going to a very academic discussion. Sure you can use the velocity of circulation to define stability in prices and 100% guarantee that the technocrats in a CB are running all econometric models and monetary policy decision based on all money (liquid and not) components but as I always insist ..."you maybe overshooting on that analysis if it just for trading currencies..."

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #40,780
  • Jul 2, 2012 12:04pm Jul 2, 2012 12:04pm
I thought there may be some benchmark, but I found only TIPS (which are daily but irrelevant imo)

Monetary base looks nice though. Bi weekly measured.

http://research.stlouisfed.org/fred2...?rid=79&soid=4

Edit: I am an academic mate. Thats the best you will get out of me .

T
"I know one thing, that I know nothing." Sokrates
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