Tonight the Bank of Korea and Brazil Cut Rates. Bank of Korea hasn’t cut in the last three years. Bank of Japan finished their Rate Meeting and they didn’t really give that much, they didn’t ease, but keeping asset purchases. USD/JPY at 79.32 at the start of the Europe Session. Iraq has past Iran tonight as the 2nd Oil Produce in the Middle East. Australia missed in the unemployments numbers . Asia didn’t rally on all of these easings, this sell off was in high volume. Yet, Shanghai Comp closed up, but that was a rally into the close leading into the China GDP data tomorrow (raised eyebrow, does someone knows something?). Shanghai Futures are flat. Brent Oil is still playing that 100 support at 99.62…TODAY IS A KEY MOMENT, we need to see Brent drop away from 100 and SPX to break clean of 1342. Start of the Europe Session we have the eur/usd down to 1.2223 and aud/usd at 1.0160.
Archive for July 12th, 2012
July 12th, 2012
About Trading Diary
I follow the SPX minute chart and comment on it thru out the day. I have a basic Start of the Daily Diary as the original post, but it's the comment section that "is" the Diary. I welcome anyone who wants to talk to me thru out the day to post there. Feel free to throw out ticker symbols or ask questions. This is all for my own education and not to sell anything or present news or give out any financial advise.It's just Stock Junkies hanging out and learning. The original Trading Nymph's Trading Diary was started on April 13th, 2009 at Stockpickr.com. At the present time I have been following a commodities bubble which I first notice in April of 2009 due to actions of the Chinese and other global Governments.
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