Cesarnc's market talk, gossips, rumours & fun

Morning,

1,2 and 3 touch and break Continues 4Hours EuroDollar

EuroDollar Daily

hold and f*k yoro,

Cut the loses earlier @ 1.3502 - Waiting next signal,currently flat

Here it is the job

And f****k yoro

I can't help thinking Dr Mark Carney's move to the UK was exceptionally shrewd, with talk of the Canadian housing market about to crash like it did everywhere else in 2008. Increasingly weird figures are coming out of the Canadian economy, which may belatedly be stricken with the same disease we all have.

What a great career move, to move to a country that is already a basket case, and help to revive the economy, rather than preside over the decline of an overheated economy and be deemed a failure.

I hope I am too cynical and that I am wrong about the Canadian economy and my theory. It's just what crossed my mind today listening to him speak. I was quite impressed by the way he answered the questions put to him, but the body language was "closed and defensive", I would say.

874 grand - a year, I might add - free housing, performance benefits and guaranteed pension linked to the RPI, and not the CPI that the rest of us have had to swallow, sure does persuade one...

nice candle,,,

astute observation. debt to income ratio has reached approx 160% the threshold of turns in US and UK real estate markets...

Carney is a difficult read, imo......slippery is the word that comes to mind having watched past BOC rate stmts..

on Canadian banks i have a link to an article i will post later......not as virtuous as advertized bottom line

in a hurry...took short ES with tight stop Evans the dove made a stmt to press that QE may end before 7%...verbal intervention so am playing it

got it......this is not what was portrayed by CBC or the press during the crisis.....

http://www.zerohedge.com/news/quanti...illion-bailout

really...austerity for all. share the pain.

picked this off ing's site day before yesterday..being in Europe you have probably already read it but here it is for all.....Rajoy

Spanish politics

Can Rajoy hang on to his job?

Feb 3rd 2013, 12:44 by G.T. | MADRID http://media.economist.com/sites/def...209_eup503.jpg
IT is a storm that some politicians would be unable to survive. But Mariano Rajoy (pictured above), the Spanish prime minister, and his People's Party (PP) seem determined to bluster their way past the growing weight of evidence that, for a long time, they ran a double accounting system designed to dodge party funding laws and used it to pay senior party members regular cash extras which they may, or may not, have declared to tax authorities. Guilt cannot yet be assumed, but Spaniards deserve a proper explanation.

The reaction so far has been of denial and knee-jerk aggression. María Dolores de Cospedal, the party secretary general, is threatening to sue El País, a newspaper, and any other media outlets that repeat the allegations, which are accompanied by copies of handwritten, detailed accounts over a decade in which €7.5m ($10.2m) allegedly went through accounts that were kept hidden from authorities. The party will need deep pockets if it is to carry out the threat, because almost all Spanish media are running with the story.

The revelations about the alleged double accounting did not start in El País, which published the documents on January 31st. El Mundo, which is not normally considered anti-PP, had already reported that five former senior officials had confirmed to the paper that the party's top people had taken regular cash-in-hand payments. A former PP deputy, Jorge Trías Sagnier, then confirmed the news.

Ms Cospedal claims the accounts are false. But some entries are clearly true. Pío García Escudero, a former senate president, for example, has confirmed that he received a loan of five million peseta to help him repair his home after a terrorist attack. So what about the payments jotted down against Ms Cospedal's name? Or those beside Mr Rajoy's name and those of other party bigwigs? Did they receive the money? Was it in cash? Did they declare it to the tax authorities? And did they know, or suspect, that the money came from apparently secret donations which (at least according to El País) mostly broke party-funding laws?

These questions would be tough enough even if Mr Rajoy, against whose name some €250,000 are marked, according to El País, was not asking ordinary Spaniards to make sacrifices as his government imposes austerity and spending cuts. Ms Cospedal is the regional president of Castilla La Mancha, where the cuts are harshest. As Spaniards brace themselves for yet another year of austerity, recession and growing unemployment, they do not want to see their politicians' noses in the trough.

The PP angrily protests innocence. "I have never received or handed out black money," said Mr Rajoy in a speech on February 2nd. But Spaniards no longer seem to believe the PP is innocent until proven guilty. They want proof. Mr Rajoy's promises of "maximum transparency" will have to be seen to be believed.

The only man the PP happily badmouths is Luis Bárcenas, the former party treasurer, who (according to handwriting experts) wrote the accounts entries. Mr Bárcenas also denies any knowledge of the documents. But court investigators recently discovered a €22m Swiss bank account in his name. And he himself has admitted to having taken advantage of a government tax amnesty last year to pay just 10% tax on €11m that had been hidden away.

When court investigators first began to target Mr Bárcenas, Mr Rajoy claimed the party was the victim of a dark and dangerous conspiracy. Ms Cospedal said exactly the same thing after El País published the latest bunch of documents. That tune is beginning to sound repetitive.

...yeap, it's picking up steam in Spain, and if you look for it, you can find videos of blood on the streets. The problem: the MSM is not really interested, and giving it little to no airtime at all. The next problem, apathy to this kind of shit is now so commonplace, that the only way someone in Europe will make an effort to clean it up, is if it lands in their yard. If it's next door, it's somebody else's problem to think about.

Take Argentina… the nation is about to starve again, and the MSM over here are discussing ‘stakeholder’ losses for those that have invested in the main supermarkets that have opened branches in Argentina over the last few years.

Summer will be interesting, and one wonders if the Spaniards will join the Argentinians in banging pot and pans in the streets.

closed half for 9+, letting the balance run, stop over morning high

more Carney body language analysis....you probably have already read it, but......interesting insights

http://www.telegraph.co.uk/finance/e...uage-says.html

"He regards his Canadian team as extremely clever, illustrating this with a finger touching the side of his head, referring to the braininess of his team. He explains the power of setting expectations through bank policy, saying ‘everybody knows’, but then, in a self-directed smile says, ‘everyone in the financial community knows’. So, now we know that he thinks he’s brainier than the rest of us."

...I'm sorry, but I can't stop myself.

I wonder what Paddy J. O'Donnell, professor of psychology at the University of Glasgow would make of my personality if he could see me shit.

Aw, come on - crude may my sentence have been, but surely it made you laugh.

absolutely! excellent shit!

;-0

.......Talking about crap?

the CIA torturing people, nahhhhhhhhhhhhhh, I can't believe it, is a conspiracy of the alternative media, I only watch main stream media, where a CIA agent is citing in the back with black eyeglasses aproving all they put in the news.......

ing,

try this out on your next date.....it usually works real nice.

a word of advice from experience... timing and delivery are very important as there are risks...one involves possibly getting slapped across the face.....

and, yes to your question...i have had both results so i do know

http://25.media.tumblr.com/31a292d64...nhg3o1_500.png