Bund Tbond and the bernakka's und trikeko's injection VM199
- Creatore Discussione gipa69
- Data di Inizio
f4f
翠鸟科
f4f ha scritto:
duck.2b ( b sta per beta-version )
acq put 1450oct den lett 31 33.2 last 32.2 vi 22.92 delta -0.36
da spreddare poi a quota 1420sett (ma dovrei fare simulazioni ... non ho tempo di reimpostare tutto la tesi incombe )
close del 7sett07
42.00 43.80 last 44.00 facendo pure 43.00 rispetto al 32.00 iniziale ... vi 23.26
spreddare con 1420 sett 13.10 15.00 diciamo 14.00 (last) vi 24.90
close 10sett
1450oct +51.1-53.7 52.40 vi26.76 +22.4
1420set 12.80 15.20 1400 vi27.28 +0
close 11sett
1450oct +32.7 +35.3 +33.8 vi23.69 +1.8
1420set +8.5 +9.20 +8.90 vi27.08 +5.1
in spread we trust
duck.2b ( b sta per beta-version )
acq put 1450oct den lett 31 33.2 last 32.2 vi 22.92 delta -0.36
da spreddare poi a quota 1420sett (ma dovrei fare simulazioni ... non ho tempo di reimpostare tutto la tesi incombe )
close del 7sett07
42.00 43.80 last 44.00 facendo pure 43.00 rispetto al 32.00 iniziale ... vi 23.26
spreddare con 1420 sett 13.10 15.00 diciamo 14.00 (last) vi 24.90
close 10sett
1450oct +51.1-53.7 52.40 vi26.76 +22.4
1420set 12.80 15.20 1400 vi27.28 +0
close 11sett
1450oct +32.7 +35.3 +33.8 vi23.69 +1.8
1420set +8.5 +9.20 +8.90 vi27.08 +5.1
in spread we trust
gipa69
collegio dei patafisici
AP
China's Retail Sales Up 17.1 Percent
Tuesday September 11, 11:09 pm ET
China's Retail Sales Up 17.1 Percent in August
BEIJING (AP) -- Retail sales in China rose 17.1 percent in August over the same month last year, the government reported Wednesday.
The government has been trying to encourage Chinese consumers to spend more in order to reduce reliance on exports to drive economic growth.
The August growth rate, reported by the National Bureau of Statistics, was above July's 16.4 percent expansion.
The August increase brought growth in retail sales for the first eight months of the year to 15.7 percent compared with the same period in 2006, the statistics bureau said on its Web site.
China's Retail Sales Up 17.1 Percent
Tuesday September 11, 11:09 pm ET
China's Retail Sales Up 17.1 Percent in August
BEIJING (AP) -- Retail sales in China rose 17.1 percent in August over the same month last year, the government reported Wednesday.
The government has been trying to encourage Chinese consumers to spend more in order to reduce reliance on exports to drive economic growth.
The August growth rate, reported by the National Bureau of Statistics, was above July's 16.4 percent expansion.
The August increase brought growth in retail sales for the first eight months of the year to 15.7 percent compared with the same period in 2006, the statistics bureau said on its Web site.
gipa69
collegio dei patafisici
Japan PM Abe steps down as prime minister UPDATE
Wed, Sep 12 2007, 06:21 GMT
http://www.afxnews.com
- Japanese Prime Minister Shinzo Abe resigned on Wednesday after less than a year in power, falling victim to a string of scandals that hampered his agenda and sent his approval ratings plummeting.
The conservative 52-year-old, the youngest Japanese leader in modern times and the first to be born after World War II, came to office pledging to restore the nation's pride and rewrite the pacifist constitution.
But a series of gaffes and scandals cost his ruling party control of the upper house of parliament in July, and Abe conceded that the resurgent opposition had made it impossible to do his job.
"I have decided to step down from the prime minister's position," a visibly emotional Abe told a news conference. "I thought the party should generate new momentum and progress under a new leader."
He said he had instructed his Liberal Democratic Party to pick a successor "as soon as possible." His resignation takes effect once a successor is chosen.
Abe ran into trouble after the LDP lost control of the upper house for the first time in its history in July, and the resurgent opposition worked hard to scupper his reform agenda.
He notably struggled to persuade the opposition to drop objections to the extension of a controversial military mission backing US-led forces in Afghanistan, and his opponents vowed to fight hard against his agenda.
"I have made my utmost efforts with my belief that we should not stop reforms. But unfortunately, the party cannot hold talks with the opposition party because I am the prime minister," Abe said.
Rural voters deserted the LDP in droves in the recent election, failing to relate to Abe's ideological agenda, which focused on building Japan's global standing and rewriting the constitution.
But the campaign failed to resonate among voters as the opposition pressed on bread-and-butter concerns such as mismanagement of the pension system and income inequality.
Four of his cabinet ministers resigned under a cloud, and a fifth committed suicide.
In the face of record low approval ratings and calls from backbenchers to stand down after the election defeat, he had refused to resign, insisting voters supported his agenda but were upset by the scandals.
He reshuffled the cabinet on August 27 in hopes of a fresh start, and got a brief boost in approval ratings. But just one week later his new farm minister resigned over financial wrongdoing.
Taro Aso, the LDP secretary general and a former foreign minister known for his blunt, conservative views, is seen as one of the front-runners to replace him.
The Nikkei zigzagged on the news. After a brief spike higher, the benchmark index fell as traders worried the political uncertainty will encourage foreign investors to trim their holdings. The Nikkei closed down 0.5 percent while the broader Topix lost 0.3 percent.
The yen was also volatile, initially falling against the dollar and then turning higher. The dollar was last quoted at 113.91 yen compared with 114.41 in early Sydney trade.
afp/cl
-
cl
COPYRIGHT
Copyright AFX News Limited 2007. All rights reserved
Wed, Sep 12 2007, 06:21 GMT
http://www.afxnews.com
- Japanese Prime Minister Shinzo Abe resigned on Wednesday after less than a year in power, falling victim to a string of scandals that hampered his agenda and sent his approval ratings plummeting.
The conservative 52-year-old, the youngest Japanese leader in modern times and the first to be born after World War II, came to office pledging to restore the nation's pride and rewrite the pacifist constitution.
But a series of gaffes and scandals cost his ruling party control of the upper house of parliament in July, and Abe conceded that the resurgent opposition had made it impossible to do his job.
"I have decided to step down from the prime minister's position," a visibly emotional Abe told a news conference. "I thought the party should generate new momentum and progress under a new leader."
He said he had instructed his Liberal Democratic Party to pick a successor "as soon as possible." His resignation takes effect once a successor is chosen.
Abe ran into trouble after the LDP lost control of the upper house for the first time in its history in July, and the resurgent opposition worked hard to scupper his reform agenda.
He notably struggled to persuade the opposition to drop objections to the extension of a controversial military mission backing US-led forces in Afghanistan, and his opponents vowed to fight hard against his agenda.
"I have made my utmost efforts with my belief that we should not stop reforms. But unfortunately, the party cannot hold talks with the opposition party because I am the prime minister," Abe said.
Rural voters deserted the LDP in droves in the recent election, failing to relate to Abe's ideological agenda, which focused on building Japan's global standing and rewriting the constitution.
But the campaign failed to resonate among voters as the opposition pressed on bread-and-butter concerns such as mismanagement of the pension system and income inequality.
Four of his cabinet ministers resigned under a cloud, and a fifth committed suicide.
In the face of record low approval ratings and calls from backbenchers to stand down after the election defeat, he had refused to resign, insisting voters supported his agenda but were upset by the scandals.
He reshuffled the cabinet on August 27 in hopes of a fresh start, and got a brief boost in approval ratings. But just one week later his new farm minister resigned over financial wrongdoing.
Taro Aso, the LDP secretary general and a former foreign minister known for his blunt, conservative views, is seen as one of the front-runners to replace him.
The Nikkei zigzagged on the news. After a brief spike higher, the benchmark index fell as traders worried the political uncertainty will encourage foreign investors to trim their holdings. The Nikkei closed down 0.5 percent while the broader Topix lost 0.3 percent.
The yen was also volatile, initially falling against the dollar and then turning higher. The dollar was last quoted at 113.91 yen compared with 114.41 in early Sydney trade.
afp/cl
-
cl
COPYRIGHT
Copyright AFX News Limited 2007. All rights reserved
gipa69
collegio dei patafisici
Reuters
Bernanke: Current account gap cannot persist
Tuesday September 11, 4:44 pm ET
By Dave Graham
BERLIN (Reuters) - Federal Reserve Chairman Ben Bernanke on Tuesday offered financial markets scant guidance on where U.S. interest rates may be heading in a speech in which he said the U.S. current account gap is unsustainable.
"The large U.S. current account deficit cannot persist indefinitely because the ability of the United States to make debt service payments and the willingness of foreigners to hold U.S. assets in their portfolios are both limited," he said at the Brandenburgische Akademie der Wissenschaften.
Bernanke, who also said U.S. external debts seemed not to be an undue burden at present, did not discuss the outlook for the U.S. economy or monetary policy, leaving intact expectations the Fed would cut interest rates at a meeting next Tuesday, perhaps by as much as a half-percentage point.
His largely academic remarks came days after the government reported the U.S. economy shed 4,000 non-farm jobs in August, the first drop in four years and a possible sign market turbulence and credit tightness are taking their toll on the broader economy.
Prices for U.S. government bonds fell but losses were limited as traders held to their rate-cut views.
The U.S. central bank has held the benchmark federal funds rate, which governs overnight lending between banks, at 5.25 percent since June of last year, although it has taken other steps -- including lowering the discount rate it charges on direct loans to banks -- to counter financial market stress.
Based on interest-rate futures contracts, markets appear to be looking for the Fed to cut the overnight rate by three-quarters of a point, if not more, by year end.
A range of Fed speakers on Monday offered varying views on the degree to which downside risks may have risen in recent weeks, a debate Bernanke did not join.
DOLLAR APPETITE TO WANE
Bernanke said that if the U.S. current account gap was to persist at current levels, foreign investors would eventually have enough of dollar assets. It would be difficult for the United States to finance its debt at a reasonable cost at that point, he said.
Meanwhile, the global savings glut -- flows of capital from emerging economies into established economies, particularly the United States -- remains in place, Bernanke said. The Fed chairman has argued that the global savings glut is one reason why long-term interest rates have remained low.
At the same time, other factors besides the balance between saving and investment affect long-term interest rates, Bernanke said. These include supply of and demand for long-term securities, and changing sentiment about the risks embedded in long-term securities, he added.
With time, the savings glut should dissipate as emerging economies attract more investment and real interest rates should rise, he said. That said, other factors could influence interest rates as well, the Fed chairman added.
Economic growth in developed economies in recent years has raised demand for saving and contributed to rising real interest rates, he said.
Also, term premiums have increased recently from "unsustainably" low levels in part because of recent market volatility, he added.
Bernanke: Current account gap cannot persist
Tuesday September 11, 4:44 pm ET
By Dave Graham
BERLIN (Reuters) - Federal Reserve Chairman Ben Bernanke on Tuesday offered financial markets scant guidance on where U.S. interest rates may be heading in a speech in which he said the U.S. current account gap is unsustainable.
"The large U.S. current account deficit cannot persist indefinitely because the ability of the United States to make debt service payments and the willingness of foreigners to hold U.S. assets in their portfolios are both limited," he said at the Brandenburgische Akademie der Wissenschaften.
Bernanke, who also said U.S. external debts seemed not to be an undue burden at present, did not discuss the outlook for the U.S. economy or monetary policy, leaving intact expectations the Fed would cut interest rates at a meeting next Tuesday, perhaps by as much as a half-percentage point.
His largely academic remarks came days after the government reported the U.S. economy shed 4,000 non-farm jobs in August, the first drop in four years and a possible sign market turbulence and credit tightness are taking their toll on the broader economy.
Prices for U.S. government bonds fell but losses were limited as traders held to their rate-cut views.
The U.S. central bank has held the benchmark federal funds rate, which governs overnight lending between banks, at 5.25 percent since June of last year, although it has taken other steps -- including lowering the discount rate it charges on direct loans to banks -- to counter financial market stress.
Based on interest-rate futures contracts, markets appear to be looking for the Fed to cut the overnight rate by three-quarters of a point, if not more, by year end.
A range of Fed speakers on Monday offered varying views on the degree to which downside risks may have risen in recent weeks, a debate Bernanke did not join.
DOLLAR APPETITE TO WANE
Bernanke said that if the U.S. current account gap was to persist at current levels, foreign investors would eventually have enough of dollar assets. It would be difficult for the United States to finance its debt at a reasonable cost at that point, he said.
Meanwhile, the global savings glut -- flows of capital from emerging economies into established economies, particularly the United States -- remains in place, Bernanke said. The Fed chairman has argued that the global savings glut is one reason why long-term interest rates have remained low.
At the same time, other factors besides the balance between saving and investment affect long-term interest rates, Bernanke said. These include supply of and demand for long-term securities, and changing sentiment about the risks embedded in long-term securities, he added.
With time, the savings glut should dissipate as emerging economies attract more investment and real interest rates should rise, he said. That said, other factors could influence interest rates as well, the Fed chairman added.
Economic growth in developed economies in recent years has raised demand for saving and contributed to rising real interest rates, he said.
Also, term premiums have increased recently from "unsustainably" low levels in part because of recent market volatility, he added.
gipa69
collegio dei patafisici
Market turmoil will last longer than previous crises, Paulson warns
Wed, Sep 12 2007, 07:26 GMT
http://www.afxnews.com
LONDON (Thomson Financial) - The turmoil in credit markets is likely to last longer than any financial shock in the past two decades, warned US Treasury Secretary Hank Paulson, the Financial Times reported.
Speaking in Washington, Paulson said the current uncertainty would last longer than the Latin American debt crisis of the 1980s or the Asian and Russian market crisis of the 1990s, the FT reported.
"We expect this period of turbulence to go on for a while," Paulson said.
US authorities expect the uncertainty over the value of US subprime mortgages -- distrust of which sparked the credit market difficulties -- could last for up to two years, the FT said.
Paulson was quoted as saying the current issues will take longer to resolve than previous crises because of the more globalised economy, as well as the complexity of the debt products involved.
[email protected]
abr/ra
COPYRIGHT
Copyright AFX News Limited 2007. All rights reserved
Wed, Sep 12 2007, 07:26 GMT
http://www.afxnews.com
LONDON (Thomson Financial) - The turmoil in credit markets is likely to last longer than any financial shock in the past two decades, warned US Treasury Secretary Hank Paulson, the Financial Times reported.
Speaking in Washington, Paulson said the current uncertainty would last longer than the Latin American debt crisis of the 1980s or the Asian and Russian market crisis of the 1990s, the FT reported.
"We expect this period of turbulence to go on for a while," Paulson said.
US authorities expect the uncertainty over the value of US subprime mortgages -- distrust of which sparked the credit market difficulties -- could last for up to two years, the FT said.
Paulson was quoted as saying the current issues will take longer to resolve than previous crises because of the more globalised economy, as well as the complexity of the debt products involved.
[email protected]
abr/ra
COPYRIGHT
Copyright AFX News Limited 2007. All rights reserved
gipa69
collegio dei patafisici
Le dichiarazioni di Paulson da una parte e di bernanke dall'altra anche se con toni più soft insistono sul fatto che gli squilibri economici e finanziari devono essere risolti.
Quà ci sono pressioni lobbystiche in atto e la sensazione che gli USA vorrebbero i mercati più deboli è quasi certezza.
Ora è da vedere chi vincerà la prova di forza.
Quà ci sono pressioni lobbystiche in atto e la sensazione che gli USA vorrebbero i mercati più deboli è quasi certezza.
Ora è da vedere chi vincerà la prova di forza.
