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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (105536)	4/13/2014 8:20:54 PM
From: John Pitera	Read Replies (1) \| Respond to of 219983

I agree Haim...Euro Drops After Draghi Comments; U.S. Stock Futures Fall By Adam Haigh Apr 13, 2014 7:32 PM ET The euro dropped as European Central Bank President Mario Draghi said the currency’s strength requires more monetary stimulus. Japanese, U.S. and Australian *stock* *index futures declined after the* *Standard & Poor’s 500* *Index fell to a two-month low,* while gold advanced. The euro fell 0.3 percent against the dollar and slid 0.4 percent against the yen as of 8:27 a.m. in Tokyo. Futures on the Nikkei 225 Stock Average were indicated lower in Osaka after falling 1.1 percent on April 11 and contracts on Australia’s S&P/ASX 200 Index retreated 0.3 percent. Futures on the Standard& Poor’s 500 slipped 0.4 percent after the U.S. equities benchmark slid the most since June 2012 last week. New Zealand’s NZX 50 Index fell 0.6 percent. Gold added 0.7 percent. Poland’s zloty led eastern European currencies lower amid deadly clashes between Ukrainian forces and pro-Russian gunmen. The euro’s appreciation is making it more difficult for the ECB to meet its inflation target and respondents to a Bloomberg survey say the bank will probably act to ease monetary policy within two months. The S&P 500 (SPX) last week erased its gains for the year as investors sold technology and consumer-discretionary stocks, the bull market’s best performers. Citigroup Inc. reports earnings today after JPMorgan Chase & Co.’s first-quarter results missed estimates. “Our view remains that a 10 to 15 percent correction in shares is to be expected at some point along the way this year,” said Shane Oliver, who helps oversee about $130 billion as Sydney-based head of investment strategy at AMP Capital Investors Ltd. “But it would be just a correction in a still rising trend. Any such dip should be seen as a buying opportunity.” Price Stability The *toughest in a series of currency comments from Draghi and fellow ECB officials came after the euro appreciated 6 percent versus the dollar over the past year. Draghi is already considering whether to introduce more stimulus, including possibly quantitative easing, after the inflation rate of the 18-nation euro area dropped to 0.5 percent in March, the lowest level in more than four years. “The strengthening of the exchange rate would require, to make our monetary policy stance to remain equally accommodative, it would require further monetary policy accommodation,” Draghi told reporters in Washington April 12. “The strengthening of the exchange rate requires further monetary stimulus. That’s an important dimension for our* price stability.” Euro, Zloty The euro fell to $1.3845 as of 7:30 a.m. in Tokyo. Draghi’s comments came after the currency rose 1.3 percent in the five days ended April 11, its strongest weekly advance since September. The euro slid to 140.56 yen. The zloty slid 0.5 percent to 3.0245 versus the dollar amid clashes in Ukraine and after the nation’s central bank governor said rates were at an appropriate level. Hungary’s forint and the Slovakian koruna each declined 0.3 percent. *Russia sought an emergency meeting of the* *United Nations Security Council* after at least one Ukrainian serviceman was killed in clashes in Slovyansk, about 240 kilometers (150 miles) from the Russian frontier. The Security Council session was scheduled for 8 p.m. in New York as the U.S. and Ukrainian officials accused Russia of being behind the violence. Futures on Hong Kong’s Hang Seng Index (HSI), the Hang Seng China Enterprises Index of mainland Chinese shares listed in the city and South Korea’s Kospi index were little changed in the most recent trading sessions. Hedge Favorites U.S. companies in which hedge funds own the most shares have fallen about twice as fast as the overall market since April 2, when the S&P 500 reached a record high of 1,890.90, according to data compiled by Bloomberg. The 10 S&P 500 stocks that are most popular among the speculators have fallen 7.5 percent since April 2, compared with a 4 percent drop for the U.S. equity gauge. The Nasdaq Composite Index last week capped its worst week since 2012 amid concern valuations have climbed too high as earnings season starts. The S&P 500 fell 2.7 percent last week. Citigroup Inc. (C) is due to report earnings today after JPMorgan Chase & Co. declined 7.5 percent April 11, the most since May 2012, as profit fell. To contact the reporter on this story: Adam Haigh in Sydney at ahaigh1@bloomberg.net

To: Haim R. Branisteanu who wrote (105536)	4/13/2014 8:57:22 PM
From: John Pitera	Read Replies (1) \| Respond to of 219983

Ukraine says Russia waging 'war' in separatist east By Yavgen Savilov and Dmitry Zaks in Kiev 3 hours ago Slavyansk (Ukraine) (AFP) - Ukraine's acting president accused Russia of waging war in his country's eastern belt as fresh clashes left at least two dead and led the United Nations Security Council to announce emergency talks late on Sunday. . Acting President Oleksandr Turchynov declared the launch of a "full-scale anti-terrorist operation", a day after masked gunmen stormed police and security service buildings in coordinated raids that Washington's UN envoy Samantha Power said on Sunday bore "tell-tale signs of Moscow's involvement". The heavily Russified region has been riven by unrest since pro-Western leaders rose to power in February on the back of bloody protests against the old regime's decision to reject an EU alliance and turn towards Moscow. Russia has since massed around 40,000 soldiers along Ukraine's eastern frontier and threatened to halt its neighbour's gas supplies over unpaid bills -- a cutoff that would impact at least 18 EU nations. The balaclava-clad gunmen were armed with special-issue assault rifles and scopes most often used by nations' crack security troops. Many wore unmarked camouflage uniforms similar to those seen on the highly trained units that seized the Crimean peninsula in early March. They also moved with military precision and cohesion. Turchynov told the nation in a televised address that "we will not allow Russia to repeat the Crimean scenario in the east of Ukraine". -- Blood has been spilt in a war that is being waged against Ukraine by Russia," said Turchynov."The national security and defence council has decided to launch a full-scale anti-terrorist operation involving the armed forces of Ukraine." The Russian foreign ministry immediately responded by accusing Ukraine's leaders of "waging war against their own people" and demanding that the UN Security Council immediately address Kiev's use of force. Nigerian envoy Joy Ogwu, whose country holds the rotating council presidency, invited fellow members of the group for "informal consultations" at 8:00 pm (0001 GMT Monday), a statement said. A Western diplomat said "the meeting was requested by the Russians to make their case that Ukraine's latest declarations about the anti-terrorist operation threaten peace and security". Moscow has denied playing a role in the latest wave of violence and previously told Kiev that its armed response could ruin the chances of the two sides sitting down for US-EU mediated talks in Geneva on Thursday. View gallery Ukrainian Prime Minister Arseniy Yatsenyuk speaks during a meeting with the leaderships and with rep … - 'Everyone is in panic' - Ukraine's Interior Minister Arsen Avakov announced the launch of a counterstrike against the armed separatists in the eastern Donetsk region early on Sunday morning. He said crack units from Ukraine's SBU security service moved first into the city of Slavyansk to regain control of a police station that had been seized by about 20 militants on Saturday. *But Avakov admitted that his troops had to "regroup" after meeting stiff resistance and suffering casualties. "There are dead and wounded on both sides. On our side -- an SBU officer. The head of the SBU's anti-terrorist centre has been wounded, as have four others," Avakov wrote on his Facebook page. "On side of the separatists -- an unidentified number. The separatists have started to protect themselves using human shields." View gallery Russia's Foreign Minister Sergei lavrov attends a meeting with members of the government at the … Russia's state-run RIA Novosti news agency cited one local protester as saying that a civilian had also been killed and two others injured. The local administration separately reported a series of heavy clashes on a highway linking Slavyansk with the region's capital Donetsk to the south. The Donetsk adminstration said one person was killed and four wounded in an "ongoing armed standoff" on a stretch of the road connecting Slavyansk and the town of Artemivsk. Slavyansk residents meanwhile reported a run on stores and general panic among locals in the poor mining town of 100,000 people. "By nine in the morning, the stores had run out of bread," 47-year-old Yelena told AFP as attack helicopters hovered overhead. "Everyone is in panic. People are waiting for a war to break out."* In response to the violence, ousted Ukrainian president Viktor Yanukovych claimed the country had "found itself in a new situation.. and begun to enter into civil war", reported Russian news agencies. He was speaking from Rostov-on-Don in Russia, where he has taken refuge. - 'Russia is complicit' - Saturday's raids drew expressions of grave concern from world leaders and Russian warnings against any use of force against the militants. The US State Department said John Kerry phoned his Russian counterpart Sergei Lavrov on Saturday to make "clear that if Russia did not take steps to deescalate in eastern Ukraine and move its troops back from Ukraine's border, there would be additional consequences". EU foreign policy chief Catherine Ashton said she was "gravely concerned" and urged Russia to pull back its troops from the border and to "cease any further actions aimed at destabilising Ukraine". NATO chief Anders Fogh Rasmussen agreed that the "reappearance of men with specialised Russian weapons and identical uniforms without insignia, as previously worn by Russian troops during Russia's illegal and illegitimate seizure of Crimea, is a grave development".