Good day bos been keeping tabs on you all while on hols . I see our mate has put me on his list about 3 times strange 3212 for gb would be a good target of it holds up Regards B
Hey B. He is a real piece of work that one. Must be budget cuts at the mental hospital. Hope you are enjoying the Holidays.
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{quote} Yes on edge.... http://www.ft.com/cms/s/0/9dc33778-6...#axzz4HXRhzlFL However, as sales of shorter-dated gilts had been heavily oversubscribed, credit analysts ascribe the scarcity of available long-dated bonds to investors, mainly pension funds and insurance companies, unwilling to relinquish the securities in the face of central bank bond-buying plans. The BoE intends to buy long-dated gilts every week for the next six months, so two uncovered buy backs early on would have been very unfortunate. It...
{quote} Weekly drama!! bit like my Kiwi trades when good data keeps coming out..
{quote} Really!! Statistics New Zealand said it began including defense force personnel in its survey and also reviewed employment status, which resulted in some people previously counted as self-employed now being included in the labor http://www.bloomberg.com/news/articl...method-revised
What did they do with self employed before? Kind of like the Fed revisions that eliminated all the wage gains....{quote} Statistics New Zealand is unable to distinguish whether it is genuine employment strength or merely the impact of surveying changes, said Nick Tuffley, chief economist at ASB Bank Ltd. in Auckland. As such , we cannot read into the second-quarter results any implications about the strength of the economy or implications for the interest rate outlook. Great thanks for that.
We are talking 1000 jobs in total added. I'm not sure what positive indicators are going to change the RBNZ because they clearly stated in their press conference they are decreasing rates only because of the value of the NZD dollar. So the reality seems to be the more their dollar rises the better chance of more IR cuts. They have to get that spread down. 
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{quote} See Ben posted something similar....Crab of bat gets dt test
{quote} Get ready for more crazy talk today, seems they have lost their minds of late but we are back to the tangled web again, more it falls, more likely a rate increase US. NU always looked sharkish to me but larger I don't trust. Still valid atm. Ben says the Brits are polite, and in my experience, this is definitely true, and I don't mean to disparage an entire nation based on the behavior of their currency but come on! That is downright rude! {image} {image}
{quote} Hope got some of that move Ben. I didn't trade it as exposed in the GN but got a nice move there. {image}
USDCAD Daily Convergence point of 200 day sma and ?top of a rising wedge. Still need some convincing of full reversal. Oil might help. {image} Cheers
