all worked out great long call on Ita bonds made 400% profit GBPCHF long 200% and EURGBP was changed from short to long. EU short did well , too. But now out of all trades.
Politically Italy no there is no hung parliament. Apparently Berlusconi and Grillo both strict anti austerity have the majority in senate and hence can form the elected government provided however Berlusconi is willing to work with comedian Grillo's pirate party.
JPY selling stopped. No matter what I will buy calls on GBP crosses. As soon as tomorrow morning. Hear rumors from Italy the 5 Star movement, the Italian Pirate party comes great. After all the leader, Grillo, who is a professional comedian, is the world's first politician who frankly admits he is a comedian.
Recent statistics of Ezone banks leverage make LTRO repayment more doubtful:
Leverage and goodwill both INCREASED (!) to record highs after alleged LTRO payback.
Credit agricole tops the list with a goodwill ratio of close to 40% followed by Banco Santander Uni Credit, Deutsche Bank is no 5 with 20%. Deutsche however tops the list of leverage with 35, on par with Credit suisse, followed by Commerzbank.... UK banks do very much better but not as far as good as US banks which are 9:1 leveraged. It appears that Basel rules are far off the reality of the ratio of loans to equity capital.
The total goodwillis estimated 800 bln . Anyone still going for LTRO repayment? ECB balance shrinking? I did never believe a single word of this Hollywood style happy-end.
GBP recoverd from an immediate dip after Moddy's back to almost no change vs USD. But that was due to NY fx closing. I think when Sydney fx opens sunday there will be wild swings in GBP. And in EUR. Very risky trading either one has smallest possible lot size with no sl set and act ultra fast manually or trading plain vanilla
2 rare trading opportunities as a consequence of downgrade of UK gilts GBP long CHF long while CHF is already getting much stronger, GBP trades require patience and experience.
Germany's backbone of economy is collapsing at a fast rate. In the typical small biz belt around big cities "for sale" signs pop up everywhere. The univocally Merkel-dedicated media report the facts 100, 400, 3000 jobs lost ...but blame the entrepreneurs for misconcepts etc. never the simple fact that the real available income is rapidly dwindling. Except the income of Schauble's clientel the 1.7 million extremely well paid officials.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
EUR as well as dead
EU short did well , too. But now out of all trades.
Politically Italy no there is no hung parliament. Apparently Berlusconi and Grillo both strict anti austerity have the majority in senate and hence can form the elected government provided however Berlusconi is willing to work with comedian Grillo's pirate party.
No matter what I will buy calls on GBP crosses. As soon as tomorrow morning. Hear rumors from Italy the 5 Star movement, the Italian Pirate party comes great. After all the leader, Grillo, who is a professional comedian, is the world's first politician who frankly admits he is a comedian.
Leverage and goodwill both INCREASED (!) to record highs after alleged LTRO payback.
Credit agricole tops the list with a goodwill ratio of close to 40% followed by Banco Santander Uni Credit, Deutsche Bank is no 5
with 20%. Deutsche however tops the list of leverage with 35, on par with Credit suisse, followed by Commerzbank....
UK banks do very much better but not as far as good as US banks
which are 9:1 leveraged.
It appears that Basel rules are far off the reality of the ratio
of loans to equity capital.
The total goodwillis estimated 800 bln . Anyone still going for LTRO repayment? ECB balance shrinking? I did never believe a single word of this Hollywood style happy-end.
Sydney fx opens sunday there will be wild swings in GBP. And in EUR. Very risky trading either one has smallest possible lot size with no sl set and act ultra fast manually or trading plain vanilla
GBP long
CHF long
while CHF is already getting much stronger, GBP trades require patience and experience.
Germany's backbone of economy is collapsing at a fast rate.
In the typical small biz belt around big cities "for sale" signs pop up everywhere. The univocally Merkel-dedicated media report
the facts 100, 400, 3000 jobs lost ...but blame the entrepreneurs
for misconcepts etc. never the simple fact that the real available income is rapidly dwindling. Except the income of Schauble's clientel the 1.7 million extremely well paid officials.