Cheap oil is bad, it means recession or worse depression :) The reasoning changes all the time. whatever fills the page. Oil and markets now move parallel. I thought the average production costs of oil is 70$/barrel. Guess today it's cheaper.
----- Original Message ----- From: brian_z111 To: [email protected] Sent: Thursday, November 06, 2008 3:02 PM Subject: [amibroker] Re: OT: Fed to cut rates below 1% soon ? Sounds like you are on the USD (smile!) The news is out on the net - it's 50 bp (inflation heading down but still above ECB target rate?). Sorry Ed but the FX market appears to be indifferent to such news. There is an eerie hush around world markets right now .... strangest response of all is that no one is interested in the positive effect oil at $70 has on industrial economies ... it seems to be trading in a band capped at 70 (is oil in the tent?). brian_z --- In [email protected], "Tomasz Janeczko" <[EMAIL PROTECTED]> wrote: > > 150 bp cut by BoE - nice:-) Do they know something we don't know yet? > Time for 100 bp cut by ECB ? > > Best regards, > Tomasz Janeczko > amibroker.com > ----- Original Message ----- > From: "Tomasz Janeczko" <[EMAIL PROTECTED]> > To: <[email protected]> > Sent: Friday, October 24, 2008 8:03 AM > Subject: [amibroker] OT: Fed to cut rates below 1% soon ? > > > > Hello, > > > > Did you see this daily effective FED rate chart: > > http://www.newyorkfed.org/charts/ff/ > > > > Usually effective rate follows closely target rate (currently at 1.5%) > > > > In recent days effective FED rate dropped below 1%. > > > > It looks to me that FED is going to be walking in footsteps of Japan central bank in '90s. > > > > Now EBC funds still at 3.75% ? They are going to cut fast, much faster than FED, IMHO. > > If situation evolves in that direction we are going to see EURUSD = 1.0 soon > > and probably Japanese Yen remaining the strongest currency for months to come. > > > > Any thoughts? > > > > Best regards, > > Tomasz Janeczko > > amibroker.com > > > > ------------------------------------ > > > > **** IMPORTANT **** > > This group is for the discussion between users only. > > This is *NOT* technical support channel. > > > > ********************* > > TO GET TECHNICAL SUPPORT from AmiBroker please send an e-mail directly to > > SUPPORT {at} amibroker.com > > ********************* > > > > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: > > http://www.amibroker.com/devlog/ > > > > For other support material please check also: > > http://www.amibroker.com/support.html > > > > ********************************* > > Yahoo! Groups Links > > > > > > >
