Thursday, 22 December 2011

Volatility continues as Year ends

One thing we haven't be short of this year is volatility, and the year has ended with plenty of it. As European uncertainties continue the Euro had dropped below 1.30s, Bund heading up towards the highs, and Stocks chopping back and forth and not really going anywhere.
The three year Long term refinancing Op yesterday created much greater demand then anticipated and this eventually lead to a sell of as the level of demand was troubling investors.
Below is today video update, with a look at the movements in Bund and Ftse as well as Euribor Spreads.

This will be my last post for the year, so have a merry Xmas and a Happy New Year

Tuesday, 13 December 2011

When will MF funds be released!

The wait continues for those with accounts (myself included) with Mf Global to get their money back. News coming out seems to be worse and worse as it looks like it could be 6 months before we see any money from MF, and a haircut looks increasingly likely.
I can't imagine the ramifications should traders not get there money back. Speaking to someone who is in the same position I thought I would paste what they said which I agree with totally.
After sitting through 2008, the fact that we have to wait 5 months to maybe get our funds back from the largest broker in the world tells me this is tip of iceberg, the euro crisis was just a window into a massive dislocation of the rotten American Goldman led take over and robbery of politics globally but especially in USA
Intervention to save banks? That's worse than the communism America hates so much
That's completely outrageous when those bailed out then change the laws more, deregulate more, put their people in the regulators and in the government, and then do the same in Greece and Italy - and steal even more money than ever
Since 2008, it's been hard to make money because of all the rigging and cheating and intervention.

There you go! View of probably many!

Friday, 9 December 2011

Euribor spreads break out

Its been a tough couple of days to trade the Euribor spreads as there was quite a strong down trend since Draghi spoke in the ECB press conference yesterday. In hind site should have seen the flattening of the yield curve coming but didn't expect it to be so sudden. We popped up a little bit today which allowed me to get out at least, but hope we dont get too many of those moves.
Watch the video for further details on these moves as well as moves in the FTSE and Bund.

Friday, 2 December 2011

Bund, Ftse and Euro analysis

After an inline non farm report we still remain solidly up for the week after the huge gain on Wednesday. Check out the video on the weeks action and where we could go next.

Short Sterling spreads nudge higher on hawkish Fed; Walmart blowout

As most must know trading Short Sterling is a bit of a bore, and has been for a while. Having managed to get out of my 2 month hold before,...