Global Macro Trading Journal

So you guys think Euro and CHF will reach parity next week?....

 

Is my screen right? I'm seeing a 900 point = 5% bounce in Italy midday, and the index is still down 1%. LOL.

 

Nothing to worry about here:

EU Parliament President Buzek Says No Crisis in Eurozone Area

 

If I'm looking at this correctly Swiss banks hold a ton of US, UK, German and Japanese debt

 

Yep, looks about right and I am sure it's a function of liquidity preference, rather than looking for yield. So they're not carry munkies, which is sorta encouraging.

 

EFF is at 0.06% and bernanke is talking about cutting the IOR, negative rates?

 

Nothing wrong with that... The RiksBank did that (sorta).

 

Our Fed chief is certifiable. The man needs to be removed from office.

 

He's saving the banking industry at the expense of the airline industry and auto industry

 

I don't get this at all... I thought the statement was extremely balanced and he basically didn't say anything that would indicate which way they're leaning. He said that they might offer more stimulus or they might move towards less accommodation.