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

Market Talk – April 15th, 2016



Posts : 17927
Thanked : 881
Join date : 2013-01-12

Market Talk – April 15th, 2016

Post by Lobo on Fri 15 Apr 2016, 10:36 pm

It really should be no surprise to people that we saw some retracement after a 3.3% rally in a day. That is exactly what we saw today in the Nikkei after yesterdays euphoria. Most dealers were hoping China’s GDP release was going to provide the end of week support for the markets but that failed to materialize. Mixed data and some profit taking resulted in a fairly quiet day eventually closing with little change. PBOC set the Yuan at 6.4908 with dealers taking it a little further to 6.4835 at one stage.
Mixed data, the end of the week and concerns surrounding the oil talks in Doha this weekend all made today’s trading a little erratic in thin’ish volume. It is interesting that many core Indices are up against some Monthly reversals so we would not be surprised if we do see a little pull-back next week. On the day we have seen core indices down around 0.3% but given that oil lost ahead of the weekends meeting it was not a bad performance.
The US markets saw the stocks small lower in, what felt like, uncertain trade. We saw mixed data from weak Ind Prod and Cap U but bucked by a strong Empire Manufacturing. Indices drifted into the close having backed up from session lows. The weekend oil meeting is expected to set the trend for Monday so many clearing the books ready.
Fixed-Income saw some buying activity upon the weaker than expected data concerns. The bull curve flattening returned but only mildly. 2/10 flattened 1bp to close +101.5bp. US 10’s closed 1.75% while in Europe the key 10yr Bund closed 0.125% closing the spread at +162.5bp. Italy 10yr closed 2bp lower at 1.33%. Greece again working on the back of the bailout (they added GGB’s to the QE list) tightening 29bp to close 10yrs at 8.71%. Turkey 10yr closed 9.17% (-9bp), Portugal 3.15% (-8bp) and UK Gilt 10yr closed 1.41% (-4bp).

    Current date/time is Wed 07 Dec 2016, 4:32 am