World economy talk

[Monseratto]

Nikkei drop continues...



Third explosion at nuclear plant reported.

[tidus1203]

GRABE!!! Down 11% in one day. Parang the Lehman Brothers collapse back in 2008 yung impact sa markets... US stock futures are also sharply lower...

[uls]

small amount of radioactivity detected in Tokyo

in Tokyo!

[tidus1203]

N225 DOWN 14%%% This is much much worse than Lehman Brothers for Japanese stocks... All other Asian markets are down significantly...

[uls]

if i was in Tokyo, i'd evacuate

imagine total evacuation of a city the size of Tokyo

[tidus1203]

Saan naman kaya sila pupunta?

Para na talaga itong disaster movie...

Lots of countries issuing travel warning to Japan and urging nationals who are already in Japan to stay indoors and shut their windows...

[Monseratto]

I think the IAEC should help monitor those nuke plants also. Maraming speculative views are spreading all over...

Stock futures plunge 16 percent after PM radiation comments
By Chikafumi Hodo and Antoni Slodkowski Chikafumi Hodo And Antoni Slodkowski –
1 hr 28 mins ago

TOKYO (Reuters) – Japanese stock futures prices plunged 16 percent on Tuesday as the country's prime minister said radiation levels at a stricken nuclear plant had become high, deepening concerns about the disaster and its likely economic toll.

Cash stock markets, closed for the regular midday break, were down 7 percent but were set to fall sharply when trading resumes.

http://news.yahoo.com/s/nm/us_japan_quake_markets

[uls]

Japan govt instructs people within 30 km from Fukushima to stay indoors

radioactive winds could reach Tokyo in a few hours

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Tokyo Electric Power -23.574%
http://www.bloomberg.com/apps/quote?ticker=9501:JT

[Monseratto]

if i was in Tokyo, i'd evacuate

imagine total evacuation of a city the size of Tokyo

Di pa kailangan, wala pa naman sighting kay Godzilla at Gamera...

[tidus1203]

All I can say someone is going to struck GOLD here. Anyone brave enough to bid on Japanese stocks?

[uls]

FLIGHT TO SAFETY

US 10 yr


US 30 yr

[Monseratto]

http://www.google.com/hostednews/ap/...f7efbb6f99d37c

State Dept. advises against travel to Bahrain
(AP) – 46 minutes ago

WASHINGTON (AP) — The State Department is urging U.S. citizens to avoid traveling to Bahrain due to "the potential for ongoing political and civil unrest."

The department is also advising Americans currently in Bahrain to consider leaving.

Bahrain has been swept up in the wave of protests that have arisen in the Arab world since December. On Monday, a military force from Saudi Arabia and other Gulf nations moved into Bahrain to shore up its Sunni Muslim rulers in the face of escalating Shiite-led protests.

Although the protesters have not targeted Westerners, the State Department is advising Americans to "be vigilant regarding their personal security."

It also says U.S. citizens should avoid all demonstrations, which "have degenerated into violent clashes between police and protesters on several occasions."

[uls]

Saudi Arabia sent troops to Bahrain to help the Bahrain ruling family

Saudi Arabia is majority Sunni

Bahrain is majority Shia ruled by minority Sunni

Iran is Shia

where am i going with this?

we'll see

[uls]

risk off

Brent below $110, WTI under $98

[tidus1203]

NYSE to invoke "RULE 48" to smooth the opening of trading volatility today...

Rule 48 halts the requirement for market makers to send pre-opening indications, or bid and ask prices created in auctions used to determine a stock’s opening price.

[fpsolin]

sa krisis sa oil rich middle east very much sure na malaki ang epekto sa tin..pero sa japan ngayon..ano po ba masamang epekto sa tin..sa ekonimiya natin.? sa epekto ng nuklear sabi nila damay tayo dahil malapit lang ito sa tin..or depende na lng siguro sa dereksyon ng hangin or sa mga tao na manggagaling doon..

[Monseratto]

Obama disturbingly quiet.

http://online.wsj.com/article/SB1000...googlenews_wsj

Saudi Soldier Shot as Bahrain Calls Emergency
By ALEX DELMAR-MORGAN And SUMMER SAID

MANAMA—Bahrain declared a state of emergency and a Saudi soldier was shot and killed, a day after Arab Gulf states rushed troops to the island in a bid to quash a growing antigovernment uprising.

Bahrain television said King Hamad bin Isa Al Khalifa had proclaimed a three-month state of "national safety."

In Riyadh, a Saudi official said a Saudi soldier has been shot dead by a protester in Bahrain. The official declined to give further details, but said the kingdom was investigating the matter.

In a further escalation of tensions, thousands were expected to march Tuesday on the Saudi embassy in the diplomatic district of Manama in protest over the arrival of foreign troops in Bahrain.

The country has seen violent clashes over the past few days between security forces, antigovernment and pro-regime loyalists, marking an escalation of tensions in the strategic Gulf state, where a swelling number of protesters have taken control of the key financial district and are calling for the downfall of the monarchy.

[uls]

commodities selloff across the board

funds are liquidating everything

[tidus1203]

But the US market is actually holding off quite nicely so far... I am here in front of my PC staring at my portfolio and my LEVEL II screen... I am actually quite surprised given all the negativity and bloodbath the stocks are quite resilient...

Now commodities ibang usapan, demand story na kasi yan...

[uls]

6.2 quake Tokyo

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Iran summons Saudi envoy re military intervention in Bahrain

Bahrain recalls ambassador in Tehran