World economy talk

[uls]

USDJPY below 100

[uls]

US:

weak ISM report, weak construction spending report

can't pull back QE with that

dollar weakens against all major currencies

10 yr futures spike

[uls]

gold futures

[uls]

USDJPY back above 100




nikkei up 2%

[c_cube]

Uls tingin mo ba pababa pa gold?

Magkano tingin mo rock bottom nito bago tumaas ulit?

Sent from my GT-P1000 using Tapatalk 2

[uls]

$1000?

dunno

the price of gold will keep falling as long as the market thinks the Fed will stop all that money printing

the Fed currently prints $85B a month to buy USG debt and mortgage bonds

that devalues the US dollar so investors used gold as a hedge

if the Fed reduces asset purchases the US dollar will strengthen and there will be less need for hedging

there's an ongoing bet (long USD) the Fed will reduce asset purchases soon coz the US economy is improving

the bet is so popular right now everybody and their grandmother are in it

but what if the jobs report on friday isnt good? the Fed can't reduce asset purchases. those long USD positions will be liquidated and everybody will buy gold

hard to predict dude

[uls]

might as well unplug now and come back on Friday

everybody's waiting for the US jobs report

TOKYO (Reuters) - Asian shares were steady on Wednesday as investors marked time before key U.S. jobs data later this week amid speculation over when the U.S. Federal Reserve would begin scaling down its massive stimulus program.

[uls]

investors buying gold just in case the jobs report isnt good

[uls]

[uls]

USDJPY falls below 100

so naturally...

[uls]

capital outflow

MSCI Asia Pacific index

[uls]

AUDUSD falls below 0.9450 support

[uls]

posted this March 24 (page 754)

the most popular trade in the world is unwinding

[boybi]

uls, pag pumikit ka puro graph siguro nakikita mo

[uls]

haha

____________________________

[uls]

the dollar selloff was triggered by concerns over the US jobs report tonight

last night there was massive liquidation of long USD positions coz investors have grown skeptical the US economy is strong enough for the Fed to reduce stimulus

tonight's jobs report will confirm how strong the US economy really is

estimate +165K jobs

a bad number means the Fed can't reduce stimulus which is bad for the dollar

a good number (+175K up) will reverse those long dollar liquidations

[chrismarte]

ULS ano magiging effect nito sa stock market?

MANILA - (UPDATED 11:25 a.m.) A global fund manager is selling shares in Ayala Land Inc (ALI), whose stock price has fallen 14 percent from when it hit a 52-week high of P35.7 apiece on May 22 or days before an explosion rocked the high-end developer's premier condominium project in Bonifacio Global City.

In a disclosure to the Philippine Stock Exchange, ALI said Aberdeen Asset Managers Ltd, which held 10 percent of the listed real estate firm, had been selling its stock since May 2 through 27.

The UK-based fund manager sold 30,855,800 common shares of the Philippines' leading property developer. Aberdeen's Singapore unit, Aberdeen Asset Management Asia Ltd, dumped 34,705,800 shares, also between May 2-27.

ALI shares opened at P31.20 today, up from yesterday's close at P30.70. At 11:25 a.m., ALI shares were trading at P31.55.

The transaction was disclosed before the government announces the results of an investigation into the cause of the Serendra explosion, which left three passers-by dead and two wounded, including the tenant of the unit where the blast supposedly came from.

[Monseratto]

Hmm...The PSEi as whole went down for 5 days, not only ALI. The reasons were already mentioned by Uls. You should look at what happened to Asia United Bank (AUB). It's IPO was at P95.00/share. It opened at 105, then it went down hill from there. It dropped all the way to P90.23/share. Yet no mention in the news. Selective lang ang reporter because of the Serendra 2 gas explosion.ALI is still up overall for the year. It still topped P32.10/share today and closed at P31.50.

[uls]

ULS ano magiging effect nito sa stock market?

nakita na natin yung effect sa stock market eh

foreign funds have been dumping Phil. stocks since last week

[uls]

Hmm...The market as whole went down the past 5 days, not only ALI. The reasons were already mentiones by Uls. You should look at what happened to Asia United Bank (AUB). It's IPO was at P95.00/share. It opened at 105, then it went down hill from there. It dropped all the way to P90.23/share. Yet no mention in the news. Selective lang ang reporter because of the Serendra 2 gas explosion.ALI is still up overall for the year. It still topped P32.10/share and closed at P31.50.

ya the media has been blaming it on Serendra but the selloff was region-wide

foreign funds got out of emerging markets

repost this:


MSCI Asia Pacific index