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Wysiwyg said:
What I would like to know is which news source do the Americans react to and if that news source is accessible by anyone. The news I refer to is not a regular economic data reading like non-farm payroll or interest rate announcement. So I would like to read/see/hear the same breaking news as the movers and shakers.
Thanks.
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Institutional guys will have a Bloomberg Terminal.

http://en.wikipedia.org/wiki/Bloomberg_Terminal
 
Wysiwyg said:
What I would like to know is which news source do the Americans react to and if that news source is accessible by anyone. The news I refer to is not a regular economic data reading like non-farm payroll or interest rate announcement. So I would like to read/see/hear the same breaking news as the movers and shakers.
Thanks.
Click to expand...

You need squawk,

Trade The News DOT com
 
This is big news, effects happening now.

China to ease yuan-dollar peg; any weakening to be gradual
http://www.marketwatch.com/story/china-loosens-yuans-peg-to-dollar-reports-2010-06-20

Yuan Unshackled May Strengthen China's Shift to Domestic Demand for Growth
http://www.bloomberg.com/news/2010-...na-s-shift-to-domestic-demand-for-growth.html

Australian Stock Futures Rise; S&P Futures Advance After Yuan Policy Shift
http://www.bloomberg.com/news/2010-...-futures-advance-after-yuan-policy-shift.html
 
Timmy said:
This is big news, effects happening now.

China to ease yuan-dollar peg; any weakening to be gradual
http://www.marketwatch.com/story/china-loosens-yuans-peg-to-dollar-reports-2010-06-20

Yuan Unshackled May Strengthen China's Shift to Domestic Demand for Growth
http://www.bloomberg.com/news/2010-...na-s-shift-to-domestic-demand-for-growth.html

Australian Stock Futures Rise; S&P Futures Advance After Yuan Policy Shift
http://www.bloomberg.com/news/2010-...-futures-advance-after-yuan-policy-shift.html
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For 12 months now the US have been putting big pressure on China for this. China have been very reluctant as the rise in yuan will devalue the US treasuries they hold. It will be interesting to see how much it is left to run on its own merits from here.

Big sign will be US$ and gold values this week. Perhaps underlying market were anticipating this last week.
 
News out of Hungary over the weekend:

Investor Risk In Hungary Up After Talks With IMF Break Down
http://online.wsj.com/article/BT-CO-20100718-703225.html

Hungary's failure over the weekend to reach a deal with the International Monetary Fund and the European Union that would allow it to draw on the remainder of its existing EUR20 billion IMF/EU standby credit line.
...
The IMF walked away from the talks as Hungary had failed to present sustainable measures of a structural nature to attain this year's budget deficit target of 3.8% of gross domestic product, as set in its IMF/EU agreement.
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How the markets react to this news will be instructive.
(Some smart cookies already 'reacted' on Friday?)
 
The Cyprus Government has cancelled the citizenship via investment rules in the last few minutes:

Cyprus Residence - Living in Cyprus

Cyprus, with its warm and stable climate and convenient geographical position, is considered an attractive place for both business and residence.
www.henleyglobal.com www.henleyglobal.com
 
Latest job figures were released yesterday ( for April ). Half the country's population is employed, with 13 million workers,just over 4 million of them,part-timers.
 
dyna said:
Latest job figures were released yesterday ( for April ). Half the country's population is employed, with 13 million workers,just over 4 million of them,part-timers.
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Am i the only one finding this appallingly bad? Not comparing today vs last month or year but raw figures?
26m people, 4m part time, 9m full time,others unemployed, retired or at school/uni or kindy?
What am i missing ?
for a country not seeing yet the aging effect,bringing migrants by the million in last decade nor having a Mali like age pyramid.
And each full time employee propping thru taxes 2 others.
At best,the part timers will be tax revenue neutral . probably not as working 1h a week will see you in that category.
And with the way taxation is done here. So called progressive...
How many people are actually supporting the country: one tenth?
Good i "retired"...
 
And ...what is it, 70 % (? ) of all income tax is paid by the 10% top marginal tax payers.Make the "rich" pay, eh?
Let's face it, the present Liberal government is not gonna be in power forever.Big taxing,big spending Labour is biding its time .Take a look a this week's Victorian budget for a preview of what the future for this not-so-lucky country will look like. I am already making plans, getting prepared for this great reset.The rest of the mob are too busy on the couch with Netflix...sleepwalking into the abyss.
 
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