Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers.

See the footer of the board for our Facebook and My business pages.

Be sure and join our Dinar Only Newsletter Email list. It is located on the right. Your User Account Email when joining the board is for with in Neno's Place use of board information which you can control in your profile settings.


For "Advertising" with in my board to our Membership and Visitors see our "Sponsor Ad Info" in the Navbar. Neno's Place receives a low of 50,000 views a week to over 100,000 plus many times thru out the year.

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Longest Dinar holding Community. Reach Admin by Private Message. Copyright © 2006-2017

Ad Space M-1

Board Rules

October 2016


Calendar Calendar

Ad Space M-2

Revv Worldwide

IQD/Oil/Commodities Charts


Ad Space M-3

Top posting users this month

Ad Space M-4

Market Talk December 14th, 2015



Posts : 16498
Thanked : 805
Join date : 2013-01-12

Market Talk December 14th, 2015

Post by Lobo on Mon 14 Dec 2015, 3:40 pm

Market Talk December 14th, 2015

Posted on December 14, 2015 by Martin Armstrong

Trading Community

A mixed session in Asia in what was very much an overhang from Friday’s session but also very weary of the FED in two days time. It is interesting that in European Equities continue to trade heavy (DAX, CAC, FTSE -1.75%) into the FED, despite Mario Draghi’s comment earlier this morning.

There are rising concerns about high yielding bond funds. Last Thursday, the junk-bond fund managed by the investment firm Third Avenue Management, moved to block investors from withdrawing their money. There is talk of other high yielding bond funds who will also go into trouble with a Fed hike. This is part of the plea to the FED not to hike rates. But they cannot hold back forever.

Oil was down (TWI around $34.25) earlier in the session but has recovered and made headway (currently +1.5% at $36.5) into the close of the US trading. Nat-Gas remains heavy trading late in the day -5% at 1.89.

As we approach the FED meeting tomorrow the market trades heavy in expectation of finally ending the ZIRP (Zero Interest Rate Environment), well in the USA anyway. Despite the sell-off in rates the curve saw almost a parallel shift with 5’s through to 30’s all losing 8bp. Two year notes were the exception with only a 6bp decline in price. 30yrs closed this evening still under the 3% mark closing at 2.965%. Europe fared a little better closing the day at (GDR/Bund) at 0.59%; closing the spread at +162bp.

Not too much to talk about in the FX market but GBP lost a little of the ground it made at the end of last week, closing 1.515 (-0.5%) today with the basket of currencies (DXY) closing at 97.65 (+0.23%). Gold traded heavy throughout the day eventually losing $12 and was last seen around $1062 per once.

This entry was posted in Uncategorized by Martin Armstrong. Bookmark the permalink.

    Current date/time is Fri 21 Oct 2016, 6:45 pm