After 2 days of FED induced squeeze … rather 1 1/2 …
here comes bad news from the UK
Yesterday some members of the MPC cancelled trips, to monitor the situation as a spokesman of the BoE was quoted.
Today, rumours fly … some hedge funds are said to be close to going under and seemingly HBOS has […]

The story still drags on … but now a decision could be close.
Some thing are close to unbelievable, but true.
The troubled lender owes 50(!!!) bln $ to the BoE and still has no foot firmly on the ground. (BoA guys, read on )
But it is not the size, which makes me rub my eyes […]

The ECB shows over the last years, that it is really a special centralbank … following the footsteps of the German Bundesbank, now an affiliate of the ECB.
The ECB is now the last “one” standing … the only one on the planet you can trust … what a difference to the BoE or even the […]

As expected … market squeezed a bit into the BoE decision (25bps cut) … and after ECB stood put … closed the gap … now it seems to be on course to consolidate down before tomorrow’s labor figures … For today, I am already stopped out … … positively … even better as George […]

As I will not be able to trade today, just one thing …
What about interest rate cuts … even in Europe tomorrow???
The situation …
Due to the global credit crunch, money markets are unusually tight … the spread between the official rates and the interbanking rates is widening every day … reaching levels, unseen since […]

Next week could decide the fate of the Dax … as well as other markets … (pls. see Chartcomments MONTHLY and DAILY)
We had our “holiday-related” bounce, BUT next Friday is the end of the month and a lot of data coming up, giving plenty reasons to buy or sell.
Everybody talks about …
-the retailers … […]