Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: mishedlo who wrote (6525)	1/30/2004 1:03:25 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 110194

you asked me about lower rates in EZ - summary German retail sales lower Sales slipped 2.3 percent from November, when they fell a revised 3.4 percent, the Federal Statistics Office said in Wiesbaden. Economists had expected an increase of 0.5 percent, the median of 16 forecasts showed in a Bloomberg News survey. Sales declined 2.5 percent from the year-earlier period. quote.bloomberg.com; French unemployment higher by 11,000 (60,000 if in the US) Net result - EUR rallying over 100 pips from a low of 1.2365 to 1.2490 by 17:35 GMT This is monkey's logic or in other words plain manipulation "There is clearly a growing recovery (in the euro zone) at the moment," European Monetary Affairs Commissioner Pedro Solbes said on Friday. "The strong appreciation of the euro, if it continues, could undermine business confidence and reduce competitiveness," he said. "It is probable the recent strength in the euro could affect the growth of exports and economic activity will be boosted by a recovery in internal demand". reuters.com

To: mishedlo who wrote (6525)	1/30/2004 1:03:58 PM
From: Jim Willie CB	Read Replies (3) \| Respond to of 110194

any clue on what drove a 19% increase in US Exports? jw

To: mishedlo who wrote (6525)	1/30/2004 1:11:01 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 110194

big story since FOMC output is the JYEN they blew $70 billion in futile defense during January BOJ fiat clowns promised to squander $400B in 2004 well guys, you used up 17.5% of your budget in one month !!! JYEN at 94.5 now it was in 94-95 range before the meeting it touched 95, then shot down to 94 now back to midrange with unfinished import prices up 20% in two years, we now have seen the advent of imported Asian price inflation with finished import prices up 7% since last summer, we now have stage#1 which I referred to in previous articles Asian suppliers are absorbing some of the initial exchange rate cost increases on stage#2, they will pass them along we have a FOREX clusterfuch coming with the JYEN it should lead all Asians to correct upwards including the CHinese yuan / jim