Ksh at its weakest since it floated in 1994 - Page 75 - Economy - Wazua

Welcome Guest

Wazua » Investor » Economy » Ksh at its weakest since it floated in 1994

Ksh at its weakest since it floated in 1994

Options

Previous Topic · Next Topic

hisah		#741 Posted : Monday, June 11, 2012 8:50:32 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Treasury fiscal policy review, the right things to do to safeguard KES. CBK dollar selling is unsustainable business and a lazy shortcut! www.businessdailyafrica....4/-/j3040iz/-/index.html $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

hisah		#742 Posted : Monday, June 11, 2012 8:54:49 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		QW25091985 wrote: you can also look at it as the below diagram is showing we are in a congestion area . what that means is that price doesn't have a direction. ans when we breakout of either of the red lines i expect some volatility ( huge price movements). this are just the different scenarios that would play out ! And the congestion is pressing upwards... About 88s next stop is 95s before testing 100. Then the recent 107 high and off to wherever after that! It wont be funny for the econ & consumers. At least oil's nosedive is a saving grace for now $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

hisah		#743 Posted : Tuesday, June 12, 2012 1:40:44 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Today trading @85.65 - almost a shilling down vs USD or 1.19% down as well as against the rest of the majors (euro, pound, swissie etc) where KES is also bleeding more than 1% at the moment. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

hisah		#744 Posted : Tuesday, June 19, 2012 12:14:25 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		http://www.youtube.com/watch?v=19bbvNiTYgA $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

hisah		#745 Posted : Wednesday, June 20, 2012 7:02:13 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Derivatives market aka futures market coming next to you in KE. Currency swaps, options blamed by CBK for wild KES swings last year. Very funny. If this market is truly coming online soon, best bet would be SCBK, BBK & CFC. As for the derivatives tradable funds, I hope they'll be well disclosed. I'm sure CBK & CMA wouldn't want to experience the derivatives bomb out like the CDOs of GFC... First trade, shortselling interest rates. That will be a onesided trade for a long time. That will also see equities lift off. I'm beginning to like insurance stocks in anticipation... www.businessdailyafrica....0/-/4mc5kqz/-/index.html $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\| \| Edit by user: Wednesday, June 20, 2012 7:03 AM \| Reason: Not specified
User Profile

QW25091985		#746 Posted : Wednesday, June 20, 2012 7:36:51 AM
Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood		QW25091985 wrote: indeed things are Bad for KES . cbk did a 'good' job though as we didnt make a new recent low for the kes but with the 61.8% fib level holding as of close of Friday i would expect new lows to be challenged .Look at below chart obviously a move above 88 will be bad for the local currency WOW . we broke the 84.40 ( 61.8% fib level). i think we maybe headed to 80-81 level . lets see. definitely thats what cbk wants
Back to top		\|
User Profile

hisah		#747 Posted : Thursday, June 21, 2012 2:18:33 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Current account snapshot since 70s to 2010. 2011 was bad and nothing has improved. But USDKES as well as other fx currencies have been kicked by a 'strong' KES. This manipulation will bite hard when it comes due. www.indexmundi.com/facts.../current-account-balance $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

hisah		#748 Posted : Monday, June 25, 2012 6:06:39 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		CBK still investigating why USDKES rallied to 107 months later. Still pretending they could see it coming. 87.90 was tested recently, 90 is coming. Market price manipulation has never been an effective policy. Mr market eventually has his way and he's currently flashing alerts in current tbill & bond auctions yield fall reversal. www.businessdailyafrica....1/-/kpbb1uz/-/index.html www.businessdailyafrica..../-/15ucm4lz/-/index.html $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\| \| Edit by user: Monday, June 25, 2012 6:12 AM \| Reason: Not specified
User Profile

hisah		#749 Posted : Monday, June 25, 2012 6:30:32 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Good article by Sunny Bindra - www.businessdailyafrica....4/-/7qpr6jz/-/index.html $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

hisah		#750 Posted : Monday, June 25, 2012 6:49:38 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Good idea for gok to borrow from brasilia. The less they borrow from WB/IMF the better chance they stand with econ stability. www.standardmedia.co.ke/...loan-from-Brazilian-bank $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

86 Pages«<7374757677>»

Wazua » Investor » Economy » Ksh at its weakest since it floated in 1994

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Print this topic

Normal
Threaded