23rd February 2012 Ranges: AUD 1.0604-1.0658 CHF 0.9096-0.9138 DOW -21 OIL 106.51 NZD 0.8263-0.8333 CAD 0.9954-1.0019 S&P 500 -3 GOLD 1779.00 EUR 1.3213-1.3266 YEN 79.70-80.38 USDX 79.23 COPPER 384.10 GBP 1.5648-1.5813 ZAR 7.6970-7.7525 CRB 323.04 SILVER 34.35 Pretty dull overnight, and frankly I’m strongly resisting the urge to shout ‘YOU’RE BORING ME’ at my screens most [...]
Europe/North America Update – Greece All Agreed For Now
22nd February 2012 Ranges: AUD 1.0654-1.0718 CHF 0.9084-0.9143 DOW -18 OIL 105.89 NZD 0.8330-0.8379 CAD 0.9924-0.9975 S&P 500 -1 GOLD 1757.80 EUR 1.3198-1.3292 YEN 79.62-79.83 USDX 79.00 COPPER 383.05 GBP 1.5770-1.5864 ZAR 7.6365-7.7425 CRB 322.40 SILVER 34.30 All’s right with the world….The Dow topped 13,000 for the first time since May 2008, and we all saved [...]
Europe/North America Update – Decision on Greek Bailout Package Imminent
21st February 2012 Ranges: AUD 1.0739-1.0795 CHF 0.9088-0.9163 DOW +45 OIL 104.92 NZD 0.8382-0.8419 CAD 0.9907-0.9942 S&P 500 +3 GOLD 1735.50 EUR 1.3182-1.3276 YEN 79.36-79.63 USDX 78.98 COPPER 375.00 GBP 1.5838-1.5879 ZAR 7.6400-7.7000 CRB 317.39 SILVER 33.46 No Greek resolution yet. It’s a drama alright….and so it should be as they have a history full of [...]
Europe/North America Update – Turtle Head Snap! China Cut Rates.
20th February 2012 Ranges: AUD 1.0688-1.0785 CHF 0.91759-0.9200 DOW +45 OIL 104.76 NZD 0.8317-0.8381 CAD 0.9940-0.9983 S&P 500 +3 GOLD 1734.70 EUR 1.3114-1.3197 YEN 78.98-79.60 USDX 79.05 COPPER 377.30 GBP 1.5800-1.5862 ZAR 7.7105-7.7812 CRB 317.39 SILVER 33.63 It looks like the Berlin Wall is back. The German’s seem to be having a problem getting agreement amongst [...]
Europe/North America Update – Market Completely Whipsawed
17th February 2012 Ranges: AUD 1.0645-1.0773 CHF 0.9175-0.9299 DOW +123 OIL 102.28 NZD 0.8245-0.8341 CAD 0.9953-1.0050 S&P 500 +14 GOLD 1729.60 EUR 1.2974-1.3158 YEN 78.35-78.95 USDX 79.37 COPPER 380.80 GBP 1.5655-1.5816 ZAR 7.7440-7.8765 CRB 316.41 SILVER 33.46 After a day of doom and gloom in Asia, and an ugly open in Europe, one might have expected [...]
Europe/North America Update – Greece Greece Greece…
16th February 2012 Ranges: AUD 1.0682-1.0776 CHF 0.9155-0.9250 DOW -86 OIL 101.76 NZD 0.8330-0.8422 CAD 0.9938-0.9997 S&P 500 -5 GOLD 1726.10 EUR 1.3043-1.3190 YEN 78.20-78.65 USDX 79.64 COPPER 380.25 GBP 1.5670-1.5735 ZAR 7.6675-7.7475 CRB 314.86 SILVER 33.30 Yep, all bow to China, responsible for the “hail Mary” rally in commodities and risk currencies during the Asian [...]
Europe/North America Update – Whipsaw Action Cleans up Technical Traders
15th February 2012 Ranges: AUD 1.0629-1.0732 CHF 0.9142-0.9229 DOW +4 OIL 100.99 NZD 0.8274-0.8348 CAD 0.9978-1.0022 S&P 500 -2 GOLD 1719.30 EUR 1.3080-1.3215 YEN 77.95-78.53 USDX 79.44 COPPER 381.40 GBP 1.5644-1.5768 ZAR 7.6965-7.7585 CRB 313.95 SILVER 33.55 Sooo, a bit of a nothing night really. Risk was looking very soggy as we headed home last night [...]
Europe/North America Update – Eurozone is still Unclear
14th February 2012 Ranges: AUD 1.0721-1.0778 CHF 0.9103-0.9163 DOW +79 OIL 101.00 NZD 0.8330-0.8374 CAD 0.9971-1.0010 S&P 500 +9 GOLD 1726.80 EUR 1.3191-1.3284 YEN 77.40-77.73 USDX 78.98 COPPER 384.45 GBP 1.5769-1.5826 ZAR 7.6390-7.7100 CRB 314.12 SILVER 33.71 Happy Valentine’s Day all……Even if you don’t get flowers or choccies delivered, you’re all beautiful, don’t forget that! So [...]
Europe/North America Update – Houston, We have a Problem!
13th February 2012 Ranges: AUD 1.0639-1.0716 CHF 0.9102-0.9199 DOW -89 OIL 99.67 NZD 0.8249-0.8310 CAD 0.9968-1.0039 S&P 500 -9 GOLD 1725.30 EUR 1.3155-1.3284 YEN 77.51-77.79 USDX 79.01 COPPER 386.20 GBP 1.5729-1.5848 ZAR 7.6330-7.7780 CRB 312.14 SILVER 33.51 I’m pretty sure we’ve been here before……A Monday morning, waiting for a Sunday afternoon vote by the Greeks, oh, [...]
Europe/North America Update – Greeks Strike a Deal
10th February 2012 Ranges: AUD 1.0780-1.0822 CHF 0.9089-0.9142 DOW +18 OIL 99.81 NZD 0.8335-0.8377 CAD 0.9925-0.9975 S&P 500 +3 GOLD 1730.50 EUR 1.3234-1.3321 YEN 77.10-77.20 USDX 78.55 COPPER 397.55 GBP 1.5814-1.5885 ZAR 7.5300-7.6515 CRB 315.44 SILVER 33.85 Well a haircut for the Greeks of €3 Bio, but it looks like Zorba gets to keep the upper [...]







