yep
it's risk off today
check out the Euro (charts above)
and oil
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Tsikot Member Rank 4
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June 4th, 2010 11:26 AM #3483see that chart above?
Supermarkets brace for price hikes amid rising US dollar
http://www.gmanews.tv/story/192618/s...sing-us-dollar
With the recent strengthening of the US dollar, Philippine supermarket owners are bracing for a possible price hike in canned goods and other items using imported raw materials.
But for the moment, Philippine Association of Supermarkets Inc. secretary general Federico Ples reassured consumers on Friday there will be no immediate price adjustments because there is no formal advice from manufacturers yet.
“For the meantime ang delivery sa amin wala pang pagtataas (pero) nagbabadya ang pagtaas dahil tumataas ang halaga ng dollar. Kung ang manufacturing nila may ingredients na imported maaring tumaas next time mag-deliver sila. Sa ngayon wala pa pero pangamba namin next delivery mataas na," Ples said in an interview on dwIZ radio.
(For the moment, we have not received any formal advice of a price hike. But the strengthening of the dollar may lead to that, especially if manufacturers import some of their ingredients and other materials for their products. Our gut feeling is that there may be some price adjustments soon.)
Ples said they are expecting a possible increase in prices of canned goods because manufacturers import the metal plates they use to make the cans.
“[Pero], dadalhan kami ng price list, mag-uusap kami (But before they will impose a price hike, they will send us a list of their prices, and we will discuss that with them)," he said.
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D' Oiler
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June 4th, 2010 07:45 PM #3484dito sila magaling... pagbaba ng dollar hindi naman ibinababa ang price ng canned goods.
Originally Posted by uls
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Wheelin and Dealin'
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June 4th, 2010 07:52 PM #3485Ay jobs Friday pala ngayon... Many expect a 500,000 job increase mostly from temporary jobs hired by Uncle Sam for the Census... Unemployment is expected to be a still high 9.7%... Jobless recovery continues!
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June 4th, 2010 09:05 PM #3486yep
they're estimating around half a million jobs created
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serious stuff dudes
euro vertical drop
all time low against CHF
SocGen has problems
SocGen is big
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Hungary has problems
Hungary isnt really that big a deal
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Wheelin and Dealin'
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June 4th, 2010 10:59 PM #3487Hungary is not even a Eurozone country, pero who cares just sell risky assets!
Add to that the jobs market in the US was crap! 431K added, sounds good right? WRONG! 411K of that 431K is only TEMPORARY jobs for CENSUS work for Uncle Sam. The private sector only added 41K jobs! Unemployment is 9.7% still very high!
Nice! Markets down and I am happy!
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Tsikot Member Rank 4
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June 5th, 2010 12:41 AM #3489
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EUR falls below 1.2000
1.981 as i typeLast edited by uls; June 5th, 2010 at 01:00 AM.
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Wheelin and Dealin'
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June 5th, 2010 01:01 AM #3490EUR below 1.20 for the first time since 2006... Nako parang Australia noong mid 2008. PARITY! PARITY!
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June 5th, 2010 01:04 AM #3491notice sa chart
someone attempted to defend the euro at around 1.205 to keep it from falling below 1.200
didnt workLast edited by uls; June 5th, 2010 at 01:28 AM.
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Wheelin and Dealin'
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Social Dementia
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June 5th, 2010 09:35 AM #3494it's flight out of the Euro and into the USD and Gold
USD index
Gold spot
we don't see this often
USD and Gold usually do not move in the same direction
2 yr charts:
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Wheelin and Dealin'
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June 5th, 2010 12:06 PM #3495Let's see if the USD Index will meet a resistance around 89, its previous 2008 high...
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Social Dementia
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June 7th, 2010 12:00 PM #3497It going to be a bleak summer vacation for the Europeans this august...
TOKYO, Japan—The euro fell below 1.19 dollars in Asian trade on Monday for the first time since March 2006 as fears over European debt spread to Hungary.
The euro fell to 1.1888 dollars briefly before edging up to 1.1902 in Tokyo morning trade.
The European single currency also plunged against the yen, changing hands at 108.47, the lowest level in more than eight years.
Benchmark crude for July delivery was down $1.46 at $70.05 a barrel in electronic trading on the New York Mercantile Exchange.Last edited by Monseratto; June 7th, 2010 at 12:29 PM.
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Wheelin and Dealin'
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Wheelin and Dealin'
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June 8th, 2010 06:47 PM #3499Yehey another down day it seems... US futures have been up all day pero when Europe opened the US futures suddenly retreated sharply from its highs... Let's all make a KILLING in these markets by being SHORT!
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Originally Posted by uls
