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Sep 30, 11 •
7288 Views •
Market Commentaries •
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2 Comments
So many of the sacred cows of the investment world and financial boom appear to be getting slain lately that it’s becoming increasingly difficult to keep up. Australia appears to have recently lost its edge and shine and now New Zealand’s economic...
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Sep 30, 11 •
6425 Views •
Market Commentaries •
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1 Comment
As Spain suffered a general strike yesterday, in opposition to the severe austerity measures, once again the mainstream news outlets choose to largely ignore the protests. Buried deep amongst the torrent of news relating to the Eurozone crises, there is one...
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Sep 29, 11 •
11942 Views •
Market Commentaries •
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6 Comments
Not wanting to be left behind by various actors, pop stars and other members of the glitterati, the European Commission president Jose Barroso played his popular card in his EU address on Wednesday and lent his support to the zeitgeist of banker hatred by...
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Sep 29, 11 •
7438 Views •
Market Commentaries •
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2 Comments
The euro has reversed it’s overnight, early morning bearishness versus the major currencies to make strong gains ahead of two crucial meetings; the troika meeting to rubber stamp Greece’s next proportion of bailout funds and Angela Merkel’s...
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Sep 28, 11 •
6885 Views •
Market Commentaries •
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1 Comment
“Bread and Circuses” is regarded as a metaphor to explain the superficial means of appeasement. In politics the phrase is used when describing the synthetic creation of public approval. Not through exemplary public service and policy creation, but...
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Sep 28, 11 •
4763 Views •
Market Commentaries •
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Comments Off on Relief Rally Fades as the Reality Bites
It was inevitable that the very strong relief rally the markets enjoyed yesterday was unsustainable. Has there ever been a time in recent trading history were merely the mention of possible solutions by European policy makers can lead to such wild swings of...
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Sep 27, 11 •
6062 Views •
Market Commentaries •
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1 Comment
“Buy on the rumour sell on the news” is a tried and tested market trading approach, traders often make trading decisions based on what they calculate may happen due to any given economic report or event (the rumour). Once the event passes or the...
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Sep 26, 11 •
6093 Views •
Market Commentaries •
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1 Comment
The “rabbit hole” is an accepted metaphor for the conceptual path which leads to the true nature of reality. Infinitesimally deep and complex, venturing too far down is probably not too clever an idea, you have to wonder if beginning to expose...
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Sep 26, 11 •
4881 Views •
Market Commentaries •
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Comments Off on The Euro is Dead, Long Live the Euro
In December 1996, the designs for the euro banknotes were chosen after a contest. The Council of the European Monetary Institute (EMI) chose the winner, the Austrian artist Robert Kalina, “Ages and Styles of Europe” was the theme. The symbolism...
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Sep 23, 11 •
6232 Views •
Market Commentaries •
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1 Comment
The slump in share values and the volatility of the forex markets hasn’t reduced me to swearing, I moved on a few years back from swearing at the monitor and “the markets” when my trades went bad. Oh ok, I admit it, I still do it now and...