T-Bond,T-Note,Bund&others-Quel gran pezzo del Bernakka(v

gliela stiamo tirando così tanto al copper che forse oggi è il giorno buono
cos'è successo nel notturno us sull'elettronico con la prima reazione al rialzo tassi china

1146140438fsspon.png
 
Forse forse.....



Copper, Zinc Tumble, Oil Extends Drop After China Raises Rate
April 27 (Bloomberg) -- Zinc and copper tumbled and oil extended declines after China raised its key interest rate, prompting speculation increased borrowing costs will curb demand for commodities in the world's fastest-growing economy.

Shares of mining companies such as Xstrata Plc and BHP Billiton also fell after China's central bank raised its one- year lending rate to 5.85 percent from 5.58 percent today, to curb surging investment. The nation's booming economy has fueled a three-year rally in raw materials and metals needed for factories, cars and appliances.

``There is the risk the investment boom in China turns to bust and that would have a knock-on effect on the rest of the world,'' said Julian Jessop, chief international economist at Capital Economics Ltd. in London. ``Higher rates may take off some of the froth from commodities markets which have benefited from the investment boom.''

Copper, which has doubled in the past year, dropped as much as 3.1 percent today. Zinc tumbled as much as 7.3 percent, its biggest decline since February. Oil, which has climbed 38 percent in the past 12 months, fell 1.3 percent. Gold and silver had their first declines in three days.

The rate increase will be effective from tomorrow, the People's Bank of China said in a statement on its Web site. The bank left the one-year deposit rate unchanged at 2.25 percent.

``This is an aggressive move,'' said John Kemp, an economist at Sempra Metals, one of 11 companies trading on the floor of the LME. ``There have been widespread concerns about rapid loan growth, over-investment and rapid GDP growth.''

`Take Out Pressure'

Copper for delivery in three months fell as much as $225 to $7,075 a metric ton and traded at $7,125 at 12:49 p.m. on the London Metal Exchange. Prices yesterday reached a record $7,385. Zinc plunged $175 to $3,185 a ton. Aluminum lost 3.5 percent, or $98, to $2,740.

China's economy, the biggest consumer of most metals, grew 10.2 percent in the first quarter this year, President Hu Jintao said on April 16. Growth was 9.9 percent in all of last year.

``China's tighter monetary policy will hit demand and that will take out pressure on consumption side,'' said Michael Widmer, an analyst with Macquarie Bank Ltd. in London.

Shares of Xstrata, the world's biggest exporter of coal for power stations, fell 121 pence, or 5.8 percent, to 1,960 pence in London, their biggest one-day drop since October 2004. BHP Billiton, the world's largest mining company, dropped 5.1 percent to 1,112.5 pence, while Anglo, the second-largest, slid 5.3 percent to 2,290 pence.

`Going to Hurt'

``It's going to hurt the mining and energy companies that benefited the most from demand'' in China, said Richard Robinson, a Jersey-based fund manager at Ashburton Ltd., which oversees the equivalent of $1.8 billion. ``Investors are going to question whether these stocks are worth paying a premium for.''

Oil for June delivery fell as much as 93 cents, or 1.3 percent, to $71.0 a barrel and traded at $71.30 a barrel in electronic trading on the New York Mercantile Exchange at 12:41 p.m. London time.

Crude oil in New York rose to a record $75.35 six days ago amid concern militant attacks in Nigeria and tension over Iran's nuclear research program will limit supplies.

Silver futures for delivery in May fell as much as 4.3 percent to $12.27 an ounce. It traded at $12.3 an ounce at 12:48 p.m. London time. Silver for immediate delivery fell 3.6 percent, or 47 cents, to $12.34 an ounce. Gold fell $7.6, or 1.2 percent, to $634.40 an ounce.
 
oh così per dire
esiste un ben preciso legame tra i margini e la volatilità....

infatti, il margine si ricava da calcoli ??segreti?? delle varie CCG sulla max vola intraday ... :D
 
Fleursdumal ha scritto:
spread -50 si va long miniS&Pmib short eurostoxx50
neanche il tempo di scriverlo che è saltato a -40 in un nanosecondo --- famo a capisse da -50 a -40 son 100euruzz


:ops:

volevo dire
il valore medio dello spread? zero? :ops: :ops:
e il valore min/max ??
grapzie nè
 
f4f ha scritto:
:ops:

volevo dire
il valore medio dello spread? zero? :ops: :ops:
e il valore min/max ??
grapzie nè

prima di parmalat stava sopra +100 dopo la discesa son mesi che oscilla tra -60 con punta minima -75 e +20-30
nada nè
 
Fleursdumal ha scritto:
prima di parmalat stava sopra +100 dopo la discesa son mesi che oscilla tra -60 con punta minima -75 e +20-30
nada nè

grazie
ci resto ddebittore aaaah :D



ps
posto un pò sul thread di regolo .... :help:
 
Oggi parlano tutti Bernanke, Watanabe, la BOK e anche rappresentanti della ECB... :D
chiaccheroni...

EURO GOVT-Bonds hard-hit by ECB comments, Bernanke eyed
Thu Apr 27, 2006 8:19am ET
By Ana Nicolaci da Costa

LONDON, April 27 (Reuters) - Benchmark euro zone government bonds and interest rate futures tumbled on Thursday as hawkish comments from ECB Governing Council member Nicholas Garganas led investors to raise bets on future rate hikes.

Garganas said ECB interest rates were significantly below their normal level and that no one could predict where the final ECB interest rate level would be. He also said the bank could act immediately when it deemed that inflation risks were large.


News that China raised interest rates shook stock and currency markets but bonds glided through, choosing to focus instead on domestic interest rate drivers while awaiting Federal Reserve Chairman Ben Bernanke's testimony at 1400 GMT.

Yields on benchmark 10-year euro debt rose more than 4 basis points on the day to a 1-1/2-year high of 4.031 percent , while the June Bund future fell to a contract low of 114.95.

Euribor interest rate futures also fell as investors raised their bets on the ECB's benchmark rate rising to 3.5 percent by December from its current 2.5 percent.

Garganas's comments reinforced recent talk among traders that the ECB could raise rates in June by as much as 50 basis points -- and the losses in Euribor futures indicated the market was now pricing in a higher chance of that happening.

The market had been expecting the bank to keep rates on hold at 2.50 percent in May and to raise them by just a quarter point to 2.75 percent in june.
 
:specchio: ...spread del cavolo.....vediamo che ci raccontano tutti 'sti signori, per certo rischiamo che il sistema si imballi... debiti pubblici e poca crescita (nei paesi più ricchi, US escluso per quanto concerne la forza dell'economia), inflazione che galoppa...asset sopravvalutati...un mix pericoloso :rolleyes:
 
Gipa, potresti, se riesci, postare il grafico di aus/nz nel time frame più lungo di cui puoi disporre? Tutti quelli che riesco a vedere io non vanno oltre l'anno e spicci, mentre vorrei valutare il movimento attuale in una prospettiva molto ampia. Grazie :)
 

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