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$20k for a hotdog in the eye at ball

annatimone Veröffentlicht 1 Nov. in #Miss Dukascopy 2013 #Trading #Oil #Economy #Gold #Us #Baseball #Hotdog #Sport

A baseball fan is suing the Kansas City Royals after a mascot lobbed a hotdog that hit him in the eye. The poor bloke had to have two operations to fix his peeper and it’s still not right. Baseball clubs are covered if a ball hits a spectator but courts overturned an early hearing saying that he should have been paying attention. The appeal said that while you should expect a ball to hit you you should be expecting a hotdog. The case is ongoing.
Given how much people eat at baseball games I’m su…

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Fitch warns US to behave in future

annatimone Veröffentlicht 1 Nov. in #Miss Dukascopy 2013 #USD #Us Dollar #Fitch #Ud #Credit Rating #Rating Agencies #Emea #Crisis

On the 15th October Fitch put the US on rating watch over the shutdown/budget debacle but has today issued a strong warning that the US needs to buck its ideas up. A repeat of the debt ceiling crisis would not be a good signal to keep the triple A rating and they must take more steps to reduce the deficit and debt burden, they said.
Fitch will decide on the US rating in March 2014.
"Nothing is pre-determined, but that wouldn’t be a good signal if we have that kind of outcome again,” Said Fitch …

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When You Don't Need to Tip

annatimone Veröffentlicht 1 Nov. in #Miss Dukascopy 2013 #Money #Tip #Party #Service #Tipping #Restaurants #Fee

Tipping for good service is important, but make sure you don’t get duped. For some, this could happen while staying at a hotel or eating out at a restaurant — and the mistake is surprisingly common.
Think back to the last time you ordered room service. Did you offer a tip on top of your total?
If so, you probably gave a very generous 30% to 40% tip. That’s because in many hotels an automatic base gratuity of 18% to 20% is often included with room service — even if there's a space to add it on th…

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Fed Bullard: Small taper would still leave very stimulative policy

annatimone Veröffentlicht 1 Nov. in #Miss Dukascopy 2013 #JPY #USD #Inflation #Fomc #Fed #Policy #Taper #Payroll

Expectations of tapering will rise as labour market continues to show cumulative improvement
Fed wants to be assured that any progress in labour market will be lasting
Unemployment and and payrolls have clearly improved but other labour data has not
FOMC decisions are dependant on data
Forward guidance and asset buying separate tools but market sees them closely linked creating challenges for Fed

…

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ECB would do well to keep rates on hold.

annatimone Veröffentlicht 1 Nov. in #Miss Dukascopy 2013 #JPY #USD #Ecb #Euro #Inflation #Germany #Deflation #Rates

ECB would do well to keep rates on hold. For now.
After yesterdays belated market focus on the underlying problems in managing a single strategy for the whole eurozone, it put into sharp focus the policy options facing the ECB. The west has had a ferocious and deadly enemy for the last 40 years, and it was called inflation. All the ammunition and strategy has been directed towards killing this enemy, and the threat has – for the while – gone away. While this battle has been raging however, a new…

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Happy Diwali!

annatimone Veröffentlicht 1 Nov. in #Miss Dukascopy 2013 #Oil #Gold #Holiday #Diwali #India #Celebration #Festivities #Lights

or Dipawali !
Otherwise known as The Festival of Lights. It’s the most important festival in the Indian calendar.
A wonderful celebration that now has huge significance for all religions across the whole country. Thanks are given for the harvest, and lights are lit. And many sweets are eaten!The festival celebrates the victory of good over evil, light over darkness and knowledge over ignorance, and that’s something we can all hope for in these markets!
I’m wishing my Indian friends in Dukascop…

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FT lectures Europe on deflation, says ECB should cut rates

annatimone Veröffentlicht 31 Oct. in #Miss Dukascopy 2013 #EU #Inflation #Economy #European Central Bank #Interest Rates #Germany

The Financial Times is out with an editorial saying the European Central Bank should cut rates next week.
The ECB has done little to stop inflation undershooting its target of close to (but below) 2 per cent. A rate cut in May and a promise to keep monetary policy loose until growth returns was all Frankfurt had to offer. When the ECB’s governing council meets next week, it should immediately cut its policy rate from 0.5 to 0.25 per cent. A new round of cheap loans to the banks – perhaps linked …

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Forex Americas wrap: Euro lets out a shriek

annatimone Veröffentlicht 31 Oct. in #Miss Dukascopy 2013 #GBP #EUR #JPY #USD #Forex #Euro #Oil #Gold

Forex headlines for October 31, 2013:
•. Initial jobless claims 340K vs 338K
•. Chicago PMI 65.9 vs 55.0 but caveats apply
•. Canadian Aug GDP +0.3% vs +0.1% exp
•. Numerous banks make calls for ECB to cut rates next week
•. BOE’s Weale says unemployment has surprised in the past, could do it again
•. Rand Paul throws in the towel on Yellen blockade
•. Gold down $20 to $1324
•. WTI crude down 50-cents to $96.27
•. CAD leads, EUR lags
The euro fell the most in four months, plunging…

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Perfect day for the European boggyman to drag out an

annatimone Veröffentlicht 31 Oct. in #Miss Dukascopy 2013 #UK #Ecb #Euro #Europe #Economy #Us #Banks

Perfect day for the European boggyman to drag out an ECB corpse
Nobody loves a fright in the economy more than Ambrose Evans-Pritchard at The Telegraph and for Halloween he got a genuine scare from the Eurozone inflation data.
The region is dangerously close to a Japan-style deflation trap, he said.
He tracked down a mystery ‘former ECB governor’ for his take:
A former ECB governor said the bank’s passive stance over the past few months was a “disaster” for Italy and Spain. The time-lag effects …

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Halloween Decorations!

annatimone Veröffentlicht 31 Oct. in #Miss Dukascopy 2013

Take a look at this nicely decorated townhouse in my neighborhood.

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annatimone's Blog

$20k for a hotdog in the eye at ball

Fitch warns US to behave in future

When You Don't Need to Tip

Fed Bullard: Small taper would still leave very stimulative policy

ECB would do well to keep rates on hold.

Happy Diwali!

FT lectures Europe on deflation, says ECB should cut rates

Forex Americas wrap: Euro lets out a shriek

Perfect day for the European boggyman to drag out an

Halloween Decorations!