First Thought : No wonder the Chinese has been selling. Fakes are cheaper. http://www.businessweek.com/news/2012-02-16/china-trims-holdings-of-treasuries-to-lowest-level-since-2010.html How much does China own, as the largest holder of US debt in the world ? Just $1.1 trillion.… Continue reading
I am the antithesis of a bond trader who trades bonds for a living. Which accounts for why I missed the biggest bond rally in the world. Ironic indeed. Never had I advised… Continue reading
Image via Wikipedia Every so often every trader will be hit by that lab rat feeling. Conspiracy theories racing through your mind. Why up and then down ? The events of the week… Continue reading
Leading to War Headlines *BBC Business Iran “halts crude oil EU Exports” http://www.bbc.co.uk/news/world-middle-east-17042855 Headlines ? Only to report Iran denying. Sensationalism. * CNN Breaking News 15/2/12 5:48 PM Iran to install “home-built”… Continue reading
Reversals are really not my thing. But only China has this power. 15Feb12 RTRS-WASHINGTON-CHINA VICE FINANCE MINISTER SAYSCHINA,U.S.MAINTAIN “VERY CLOSE CONTACT” ON FINANCIAL CRISIS, EURO ZONE 12:35 15Feb12 RTRS-WASHINGTON-CHINA VICE FINANCE MINISTER REPEATS… Continue reading
Thought the Greek deal should have sealed it. EURUSD high yesterday evening of 1.3284 and now we are trying to break 1.31 (low 15 mins ago at 1.3128). Thank you Moodys –… Continue reading
Paulo Coelho : What other people think of you is none of your business. So here is what I read last week that made me tick. And knowing how every trader hates long… Continue reading