FORUMS BROKERS SOFTWARE
Home
 
    Forums > Main > Economics > German court decision on Sept 12th


Reply
 
Thread Tools
Old Sep 9th, 2012, 02:07 PM   #1
clearinghouse
 
 
Join Date: Aug 2010
Posts: 572
I am concerned about this decision:

(1) http://www.guardian.co.uk/world/2012...e-on-euro-fate

(2) http://online.wsj.com/article/SB1000...044588254.html

What time is this decision due in terms of the eastern US? I'd like to not be in the market during those hours and have no positions. Or is it just expected at some time during the day?

I googled, but most articles just say "September 12th." Frankfurt is 6 hours ahead, so 9am there is 3am here, and 17:30 is 11:30 AM. I do not want to be near the market any which way it goes until the market digests the news.
    Quote
Old Sep 9th, 2012, 03:39 PM   #2
Martinghoul
 
 
Join Date: Jan 2009
Location: London
Posts: 6,310
It isn't known and, in fact, there has been speculation that the decision will be delayed (due to the conflict of interest issue with one of the justices).
    Quote
Old Sep 9th, 2012, 04:44 PM   #3
Grandluxe
 
 
Join Date: Aug 2006
Location: Modakeke, Nigeria
Posts: 3,053
So on the 12th there is this and 13th is Fed. Slow week again?
    Quote
Old Sep 10th, 2012, 05:15 AM   #4
Martinghoul
 
 
Join Date: Jan 2009
Location: London
Posts: 6,310
The plot thickens... Gauweiler (a backbench MP) has filed a new Constitutional Court complaint on the back of the ECB decision. Decision expected tomorrow. Hopefully, shouldn't derail the main deliberations the result of which is expected on the 12th.
    Quote
Old Sep 10th, 2012, 06:18 AM   #5
trade2live
 
 
Join Date: Jan 2009
Posts: 398
What's the court decision about exactly ? The PIIGS bailout program ?

And what about the legality of the ECB bond purchases announced last week ?
    Quote
Old Sep 10th, 2012, 06:49 AM   #6
Martinghoul
 
 
Join Date: Jan 2009
Location: London
Posts: 6,310
The original court decision that's expected on the 12th is about the legality of the ESM. The new emergency complaint, to be decided on tomorrow, is related to the ECB bond purchases.
    Quote
 
Reply
Thread Tools

Forum Jump



   Conduct Rules   Privacy Policy   Sitemap Copyright © 2014, Elite Trader. All rights reserved.   

WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures
Futures Trading & Clearing
Alpha 7 Trading Academy
Proprietary Trading Education
AMP Global Clearing
Futures and FX Trading
Bright Trading
Professional Equities Trading
CTS
Futures Trading Software
DaytradingBias.com
Professional Trading Analytics
ECHOtrade
Professional Trading Firm
eSignal
Trading Software Provider
FXCM
Forex Trading Services
Global Futures
Futures, Options & FX Trading
Interactive Brokers
Pro Gateway to World Markets
JC Trading Group
Direct Access Trading
MB Trading
Direct Access Trading
MultiCharts
Trading Software Provider
NinjaTrader
Trading Software Provider
OANDA
Currency Trading
optionshouse
Option Trading & Education
Rithmic
Futures Trade Execution Platform
SpeedTrader
Direct Access Trading
SpreadProfessor
Spread Trading Instruction
thinkorswim by TD Ameritrade
Direct Access TradingAdvertisement
TradersStudio
System Building & Backtesting
Trading Technologies
Trading Software Provider
Trend Following
Trading Systems Provider