Initial Claims Soar, Housing Starts Plunge, CPI Below Expectations

Will the market finish green again???

 

sure. because this mean more fed help in the future. down? not allowed.

 

of course! bad economic data means more and more QE!!! Can't keep a good market down!!!!

 

lets add in...

Philly Fed -5.2, Exp. +2.
Philly Fed employment lowest since September 2009
Goldman lowers Q2 GDP tracking estimate to 2.0% on disappointing

 

up we go

 

The Japanese are advertising a huge JGB purchase for Friday (overnight for US). Everything that happens today is just positioning. What happens tomorrow after the event will be much more informative.

I took a free add on my GBP position at 1.525 Held Bid (edit) before the US open in anticipation of JPY 102 Failed Bid (edit). Now if JPY 102 Held Offer (edit) then careful with long stock and short bond.

 

Sorry I have Bid/Offer dyslexia.

 

JPY 102 Failed Offer the Held Bid. Oh well...

 

Well look at that. JPY 102 Held Bid Retest.

 

They must pay these guys on the side to say crap like this right at the bond close.

Fed's Williams says Fed may reduce QE in the summer and halt by year end
Fed
Says:
- Slowing QE wouldn’t mean tightening in policy

Source: Newswires

Thu, 14:06 16-05-2013