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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (2648)11/26/2003 10:42:09 AM
From: russwinter  Read Replies (1) | Respond to of 110194
 
They've really unleashed the demons. May have to call Paul Volker back from retirement in an election year to clean up this mess. He'll have to be like Harvey "the wolf" Keitel, the clean up guy in Pulp Fiction. USD today:

Swiss Franc(CME)(Globex) Dec 75.94 76.94 75.81 76.91 +1.07
EuroFX(CME)(Globex) Dec 117.87 119.04 117.64 118.97 +1.19
Japanese Yen(CME)(Globex) Dec 91.41 91.81 91.17 91.78 +0.39
British Pound(CME)(Globex) Dec 169.56 170.33 169.27 170.29 +0.71 11/26/2003
Canadian Dollar(CME)(Globex) Dec 76.25 76.82 76.12 76.81 +0.71 11/26/2003
Aus Dollar(CME)(Globex) Dec 71.68 72.31 71.55 72.31 +0.63
New Zealand Dollar(CME) Dec 63.77 63.89 63.51 63.85a +0.27 11/26/2003
US Dollar Index(NYBOT) Dec 91.27 91.54 90.74 90.74 -0.83

Meanwhile, drum rolls please!!! The oil inventory numbers:

10:32 ET DOE and API Statistics :
The DOE reports that crude oil inventories fell 4.9 mln barrels, gasoline inventories rose 1.5 mln barrels, and distillate inventories fell 600K barrels.

The API reports that crude oil inventories fell 4.6 mln barrels, gasoline inventories rose 2.2 mln barrels, and distillate inventories fell 1.8 mln barrels



To: Jim Willie CB who wrote (2648)11/26/2003 8:00:17 PM
From: loantech  Read Replies (2) | Respond to of 110194
 
Shortages may mean the economy is a lot better than you and Russ are saying?