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International markets traders banter

When other market tumbles Vietnam frontier market had the biggest increase in Asia, at a one-week high of 520.9. Just like Philippine market there can be volatility and pull back even in Vietnam market during next one year.

We may see few bull markets in Asia, East Europe and Africa just like Vietnam in the coming months and years. We can see foreign inflows in some Asian frontier markets now.

http://www.bloomberg.com/news/2013-06-05/vietnam-eyes-foreign-investors-to-expand-stock-market.html

Vietnam Eyes Foreign Investors to Expand Stock Market

http://www.bloomberg.com/news/2013-...fund-cutting-local-bonds-to-buy-equities.html

Japan’s Pension Fund Cutting Local Bonds to Buy Equities

http://www.cnbc.com/id/100798036

Stocks Soar; Dow Gains 200 Points on Jobs Data

http://www.timesonline.com/news/wor...cle_a6770bff-469b-53ab-bb0e-28cb1414a7a4.html

Global markets rise after US jobs report

My ideas are not a recommendation to either buy or sell any security or currency. Please do your own research prior to making any investment decisions. Please note that I do not endorse or take responsibility for material in the above hyper-linked sites.
 
Here's a strange one for y'all........Eurex products have 20 on the depth now...lol
 

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The NK and the JPY just re-tested a break of the recent trends, pretty decent rejection on the NK too...

CanOz
 
Sheesh Ugly day in Asia today....

Lots of support breaking down today.

Cleaned up on the AUDUSD so far, straightforward action from the Sydney open all the way up until lunch when I stopped. Even had a couple of good longs in there.
 
Good times:

* Switching from AUDUSD to EURUSD for the night
* See a great setup
* Limit sell 8 contracts of EURUSD
* Limit filled
* Ah **** I just sold 8 contracts of AUDUSD
* Scramble to cover position
* AUDUSD and EURUSD both drop 10+ ticks

 
It really feels like some sort of unknown monster has been created since mid May and causing all sorts of chaotic volatility in international markets. One couldn't help but think that the US is at least partly responsible for the monster's creation, yet it's market is actually the most stable and least volatile thus far.

Or may be the monster comes from 6 months of trible-dose steroid injections to the Japanese economy... those injections now have a life of its own and one just doesn't know where it's going to pop up and cause panic - be it buying or selling.

AUD was the last to join the currency war and it's winning the battle handsomely and almost uncontested...
 
It really feels like some sort of unknown monster has been created since mid May and causing all sorts of chaotic volatility in international markets.

Yeah good ain't it? :jump::blover:

AUD was the last to join the currency war and it's winning the battle handsomely and almost uncontested...

V.Good point.
 
AUD was the last to join the currency war and it's winning the battle handsomely and almost uncontested...

Dunno about being last, various FX newsires which notify of RBA actions in the market, my notes indicate they've been selling highs since we broke back above 0.8 in 2009! I certainly have a lot of notes for the RBA selling around 1.06 as well. I know they have also been taking a lot of the action for AUD (bonds) off market.
 
**** I was up until 2AM last night trading the EURUSD, good bread to be had last night.
 
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