- Search Energy EXCH
- kashif commented Apr 17, 2013
Euro should rally on this.
Europe Car Sales Plunge 10% as Germany’s Decline Hurts VW
- kashif commented Apr 8, 2013
Yet Spanish bond yields are down. Investor confidence being down means, no one will be investing. So its just Spanish banks buying gov Debt lol. There is no hope for the Eurozone.
Sentix: Second setback in a row for the euro zone
- kashif commented Mar 14, 2013
Question is, who's buying those bonds?
Spain sells 803 mln euros of long-term debt at special auction
- kashif commented Mar 13, 2013
Its funny when there is a bad US data the market is quick to slaughter the USD, yet when there is a string of bad Euro data nothing happens.
Industrial production down by 0.4% in euro area
- kashif commented Mar 13, 2013
With all its problems one wonders whats keeping the Euro up, is it the USD printing or is there a bigger hand/s propping the Euro up.
Italy's companies face slow 'death' as credit crunch deepens
- kashif commented Mar 12, 2013
There can always be a retracement back up to 1.5270, however i think the target should be 1.44-1.45 range. If it breaks those then the next target should be around 1.35
UK Index of Production, January 2013
- kashif commented Mar 4, 2013
Which would just justify a strong Yen again, as there is no growth in the Western world. Europe is in recession, Nvm rest of Europe even German numbers arent looking pretty. US growth has already stalled to a halt, once austerity measures take place ...
BoJ Nominee Kikuo says 2% inflation would lead to 4% growth
- kashif commented Feb 27, 2013
Yields probably will keep going higher. How fast they go is anyones guess. Fundamentally nothing has been fixed in Europe, niether the US. Hence the best bet would be stay away from both these areas. Short Euro and USD against other currencies. Look ...
Italy sold all EUR6.5bn in notes, but yields up +66bps on 10y vs Jan
- kashif commented Feb 22, 2013
70% of German exports are within Europe. If all of Europe is under austerity, common sense will tell you demand will drop. The positive sentiment doesnt make sense.
German Ifo Business Climate Index Rises Sharply
- kashif commented Feb 21, 2013
Not a problem.. Eurozone problems are fixed.
Decline in French private sector output accelerates further to reach near four-year record
- kashif commented Feb 20, 2013
Australia is Kiwis largest trading partner, when the AUD/NZD pair goes low thats when it hurts Kiwi the most. I would think just like Swiss have a floor with EUR/CHF as europe is their largest trading partner. Kiwi will probably keep Aussie in ...
Is Intervention A Longer-Term Play For The Kiwi?
- kashif commented Feb 19, 2013
Thats not really relevant. The Germans are very optimistic... look at what the ZEW says.
Hollande Says France to Miss 2013 Growth Target
- kashif commented Feb 19, 2013
More reason for Euro to get strong lol.
Chart Of The Day: Spanish Debt
- kashif commented Feb 15, 2013
Its not over valued, specially if you consider US is printing USDs out of thin air, this is to be expected.
Australian Dollar the most overvalued currency
- kashif commented Feb 14, 2013
One of the side effects of printing unlimited paper money, people lose confidence in your currency.
Is the Dollar Dying? Why US Currency Is in Danger
- kashif commented Feb 13, 2013
I doubt the Germans want a higher Euro. If they wanted that then there was no point of creating a Euro. Remember Euro is a German project. A weak Euro helps their exports. Germany may as well have stuck to their original currency had they wanted an ...
France is "Totally Isolated" on Currency Policy In G-7 - Source
- kashif commented Feb 13, 2013
Funny just few days ago officials were saying Euro str is fine. Its hilarious that in the current outlook when all Central bank presidents are aggressively trying to devalue their currencies we have Mr. Super Mario who is fine with the euro str. I ...
ECB worried EUR strength will hurt recovery in crisis states
- kashif commented Feb 12, 2013
The problem is central banks are unable to resolve the underlying issues that have caused the economic slow down. Money printing isnt the solution. The west essentially exported the entire manufacturing and services industry to the east. What is ...
Why Can’t This Economy Really Get Going?
- kashif commented Feb 6, 2013
Sure oil prices play a big role, though its my opinion with all the money printing going on commodities should stay well supported. Even if we look at the time frame when the Crysis first started 2008, the Euro, GBP etc lost value against the USD. ...
USD/CAD plunges on upbeat Canadian data