Not the new ipad2 all crucial parts are made in Japan. In general most smart phones rely on japanese products. You see why China has vital interest in Japan. China cannot produce anything for Apple etc etc without parts from japan. One can say most of Asia is in one way or other dependent on Japan.
Lybia crisis comes back as Gaddhafi cleaned out the rebels threatens to fight back any attack from outside, further may nationalize investments by ENI, Total and Repsol, will turn to China Asia will tap Russian oligarchs for participation. Makes sense to short ENI Total Repsol
IMF states no bailout Japan its up to BoJ. Holding AUDJPY short the pair will be determined by AUD weakness and remains short should BoJ intervene ( I think BoJ is out of ammu)
was short AUDJPY USDJPY USDCHF was about to close and then....200 300 ... pip in a minute. Something going very wrong here. Expect big trouble stocks commodities gold silver all will be liqudated. BoJ out of ammu? Bank holiday comin? The party is over folks.
The fundamental problems of Eur are simple, and in terms of money, those troubled assets are held by Eurozone banks , and blow up the balance sheet of ECB. But the point is the involvement of Ezone banks. This is not the case in US nor in UK. Thus ECB must constantly feed liquidity to banks to brush up their balance sheet and hide the fact these are undercapitalized. The next is that EUr is soccer ball for wannabe politicians. One kicks it there another kicks it there and they say hey we have no idea how to play soccer but ECB is the goalkeeper. Nothing of that is in accordance with the foundation treaty of the common currency. Now the Japan crisis. Some overpaid officials are woken up with some effort and they say well Japan no danger for super duper german industry. But it is. BMW VW Mercedes all of them rely on sophisticated processor and other chips made in Japan. Hardly any hi tech product that has no Japan made products somewhere.
Unlikely Japan crisis causes flight to CHF. Two reasons: Lybia Bahrein , and the Merkel EMS absurdity dragging ECB into her maximally stupid EZone politics. EMS and Merkel and a possible big JPY repatriation are the ingredients for Euro's funeral.
Very obvious at the moment. Assume Gaddhafi wins back oil areas. Lybian oil will flow again and also nat gas to Italy. Saudi Arabia riots down for the moment, only Bahrein invaded by saudi troops could pose problem. Japan is the second biggest importer of crude. But refineries damaged , inoperative for a long time. So less demand for crude. China will cut imports due to trade deficit. Thus wti short. BUT: Japan needs big amounts of diesel (gasoil) to keep generators running as nukes will be inoperative. Thus: wti short gasoil long. These are my trades.
Nuke power has seen its final days. Possibly China and Russia will further rely on nuke but the developed densely populated idustrial economies will not. Its over. Why? COST! It matters not so much that nuke power is not in all cases controllable it matters that cost is not calculable. You don't buy a home if there is a probability , no matter how small, that it one day cost you 10 million, although if all goes well the cost is 300.000. I think however credit tightening will also kill nukes in China.
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)
short USDJPY 81.87
short EURJPY 115,16
from outside, further may nationalize investments by ENI, Total and Repsol, will turn to China
Asia will tap Russian oligarchs for participation.
Makes sense to short ENI Total Repsol
Holding AUDJPY short the pair will be determined by AUD weakness and remains short should BoJ intervene ( I think BoJ is out of ammu)
Something going very wrong here. Expect big trouble stocks commodities gold silver all will be liqudated. BoJ out of ammu? Bank holiday comin? The party is over folks.
are held by Eurozone banks , and blow up the balance sheet of ECB. But the point is the involvement of Ezone banks. This is not the case in US nor in UK.
Thus ECB must constantly feed liquidity to banks to brush up their balance sheet and hide the fact these are undercapitalized.
The next is that EUr is soccer ball for wannabe politicians. One kicks it there another kicks it there and they say hey we have no idea how to play soccer but ECB is the goalkeeper.
Nothing of that is in accordance with the foundation treaty of the common currency.
Now the Japan crisis. Some overpaid officials are woken up with some effort and they say well
Japan no danger for super duper german industry. But it is. BMW VW Mercedes all of them rely on sophisticated processor and other chips made in Japan. Hardly any hi tech product that has no Japan made products somewhere.
big JPY repatriation are the ingredients for Euro's funeral.
Japan is the second biggest importer of crude. But refineries damaged , inoperative for a long time. So less demand for crude. China will cut imports due to trade deficit. Thus wti short.
BUT: Japan needs big amounts of diesel (gasoil) to keep generators running as nukes will be inoperative. Thus: wti short gasoil long. These are my trades.
You don't buy a home if there is a probability , no matter how small, that it one day cost you
10 million, although if all goes well the cost is 300.000. I think however credit tightening will also kill nukes in China.