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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Cyber attack hits South Korea websitesQuote:Messages praising North Korean leader Kim Jong-un and claiming that hacking collective Anonymous was responsible were left on the hacked websites.
However, Anonymous denied any involvement in the South Korean cyber-attacks on its official Twitter account, AFP news agency reported.
Instead, the "hacktivist" group was said to have planned attacks against North Korean websites. No comment.  Durable goods orders rise, house prices jumpTwo Fed officials downplay worries over end to stimulusConsumer confidence highest in over five years in JuneNew home sales near five-year high, prices riseChina's central bank seeks to allay fears of credit crunch
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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Dow closes 100 pts up,at 14,760 on positive econ data. Lets see how emerging and frontier markets behave tomorrow. @SufficientlyP
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Rank: Member Joined: 11/13/2006 Posts: 551 Location: Nairobi
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African Eurobonds and the Rise of the Dollar"While it is commendable that African governments are seeking international capital for development projects, it is wise to consider history pertaining to the currency in which the debt is denominated. During the 1931 Debt Crisis, the British Pound swung between $4.86 in August of 1931 to $3.15 in November 1932 and back to $5.17 by November 1933. This was a 35% depreciation and a 64% appreciation within 3 years. The flight of capital was first to the United States due to the debt defaults in Europe, Latin America and China, then back once Britain got off the gold standard and Roosevelt devalued gold from $20 to $35 per ounce to end the devastating hoarding and deflation..." Read more: http://www.scribd.com/do...-the-Rise-of-the-Dollar
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Sufficiently Philanga....thropic wrote:Dow closes 100 pts up,at 14,760 on positive econ data. Lets see how emerging and frontier markets behave tomorrow. Its up 100+ pts this morning, but the day is still very young "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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murchr wrote:Sufficiently Philanga....thropic wrote:Dow closes 100 pts up,at 14,760 on positive econ data. Lets see how emerging and frontier markets behave tomorrow. Its up 100+ pts this morning, but the day is still very young Currently, 166pts.Waiting to see how the Nikkei performs
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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symbols wrote:murchr wrote:Sufficiently Philanga....thropic wrote:Dow closes 100 pts up,at 14,760 on positive econ data. Lets see how emerging and frontier markets behave tomorrow. Its up 100+ pts this morning, but the day is still very young Currently, 166pts.Waiting to see how the Nikkei performs 15,000 in sight...  "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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murchr wrote:symbols wrote:murchr wrote:Sufficiently Philanga....thropic wrote:Dow closes 100 pts up,at 14,760 on positive econ data. Lets see how emerging and frontier markets behave tomorrow. Its up 100+ pts this morning, but the day is still very young Currently, 166pts.Waiting to see how the Nikkei performs 15,000 in sight... @murchr - dow 15k or 16k wont help a thing at the moment. That jap bonds turmoil is not a joke! It's easier for nikk to print 10k than rally back to 15k pts. This QE thing is facing serious headwinds for the first time...
Look at the borrowing costs escalating across the G8 bonds smack down. Then look at china is a crunch storm. This can't be dismissed by CBs overnight. Major CBs will have to come out in a coordinated way to calm things down. For now these are just flashes, but the big one is coming. Gold & oil as well as commodities are warning you... Caution...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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With gold price dipping below $1300/Oz many mining firms are poised to shutdown as production costs outweigh income. Mines will be wiped off balance sheets. Mine firm shares will continue getting crashed. Bankruptcies and ridiculous cheap buyouts will escalate. An arbitrage opportunity is being given by Mr Market... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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hisah wrote:murchr wrote:symbols wrote:murchr wrote:Sufficiently Philanga....thropic wrote:Dow closes 100 pts up,at 14,760 on positive econ data. Lets see how emerging and frontier markets behave tomorrow. Its up 100+ pts this morning, but the day is still very young Currently, 166pts.Waiting to see how the Nikkei performs 15,000 in sight... @murchr - dow 15k or 16k wont help a thing at the moment. That jap bonds turmoil is not a joke! It's easier for nikk to print 10k than rally back to 15k pts. This QE thing is facing serious headwinds for the first time...
Look at the borrowing costs escalating across the G8 bonds smack down. Then look at china is a crunch storm. This can't be dismissed by CBs overnight. Major CBs will have to come out in a coordinated way to calm things down. For now these are just flashes, but the big one is coming. Gold & oil as well as commodities are warning you... Caution... Quote:TOKYO--Japanese investors sold the most foreign bonds in a week since April 2012 last week, pulling back as yields on debt in high-rated developed economies rose.
Investors based in Japan sold a net Y1.19 trillion (12 billion) in foreign bonds and notes the week of June 16-22, according to data released by the Ministry of Finance Thursday. It marked the sixth consecutive week of selling.  http://www.menafn.com/3d...Bonds-Last-Week?src=main"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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