Please stop referring to yourself as wanker...Originally posted by Gazelle:EU push the US$ down?
1) Care to tell us what exactly did EU do to push the dollar down?
2) What benefit will a weak US$ bring to EU ?
WANKER!!
Originally posted by AndrewPKYap:
To that G person... talking to yourself again? why do you keep calling yourself a wanker?
and thanks for bumping up the thread...
to the people that are closely following the market... I said that ther might be a black Monday but ....
... the conditions have changed... the risks are still there but it looks like a dead-lock at the moment between those that think the sub-prime losses are US$100 billion or US$1000 billion...
US$100billion, no crash... US$1000billion, crash...
Until there is more certainty, it will be quiet trading till after the New Year holidays...
But ...please don't be complacent like some people...... the sub-prime crisis is like a sword hanging over people's heads and the situation can change dramatically...
... with the sub-prime sword hanging over people's head... any major bad news will have disproportionately drastic effect...
....so you have no choice but to follow events closely...
... it looks like, East Asia, again, have no choice but to keep on lending the USA money to party on...
... EU have pushed the US$ down to record lows against the Euro currency but the Yen, Yuan and the S$... made feeble attempts... because they are collies of USA...
... they cannot afford, rightly to adjust their currencies like the EU ... because the EU is a world world democracy and nobody's coolie... what they are third rate pseudo democracy that will never be able to stand without support from the first world countries...[/b]
I enjoying exposing your stupidity. my pleasureOriginally posted by AndrewPKYap:... and thanks for bumping up my thread...
Mr. GOriginally posted by Gazelle:M13, please shut the fcuk up and stop quoting meaningless article.
I am asking what exactly did EU do to push down the value of US$. And what benefit will that bring to EU if US$ is low.
If the wankers would to understand that The Fed has been cutting the interest rate of US$ for the past few months to rescue the subprime credit crunch they would have know why US$ have been falling against most major currencies around the world.Originally posted by AndrewPKYap:... and if he only asked himself why the Asian coolie economies cannot allow the US$ to drop... and pushed the US$ up... he would have found the answer by himself... but... *sigh* he is just like a lot of people in sgforums... don't know about a subject but try to act smart...
1) Instead of asking dumb question about why is Euro at record high against the US$, why dont you ask yourself why is US$ at record low?Originally posted by AndrewPKYap:... and why is the EU currency at record highs but the currencies of coolies economies not?
... because the coolies economies have to continue supporting the US $ despite the sub-prime crisis and the interest rate cuts... because they are 3rd rate coolie despotic dictatorships or pseudo despotic democracies...
someone people are just born to enjoy being kick in the arse.Originally posted by AndrewPKYap:... but thanks for bumping up my threads...
and
... without all these fools to pwn, life would be boring...
Gross stupidity... as if when the EU currency was introduce, it was not already adjusted ....Originally posted by Gazelle:1) Instead of asking dump question about why is Euro at record high against the US$, why dont you ask yourself why is US$ at record low?
2) Euro is a currency that was introduced in 1999. Hence if you compare over the same peiod, many asian currencies are also at record high againt the US$.
3) The only countries that will support the US$ is China and Japan because they have huge export going into US$ and a falling US$ will only make their goods more expensive.
So what exactly did EU do to push down the US$?
sorry. i cant understand your stupid comment. mind explaining who is adjusting the Euro currency?Originally posted by AndrewPKYap:Gross stupidity... as if when they EU currency was introduce, it was not already adjusted ....
you don't understand right?Originally posted by Gazelle:sorry. i cant understand your stupid comment. mind explaining who is adjusting the Euro currency?
google for wat? Andew is a wanker?Originally posted by AndrewPKYap:you don't understand right?
pst... google is your friend....
stop thanking me like that leh...I am starting to feel that you are gay...Originally posted by AndrewPKYap:stop calling yourself a wanker... but thanks for bumping up my thread...
Whatever you feel is up to you...Originally posted by Gazelle:stop thanking me like that leh...I am starting to feel that you are gay...
Asia/PacificTo people reading this thread thanks to someone that keep bumping it up...
INDEX VALUE CHANGE %CHANGE TIME NIKKEI 225 15,015.43 -196.09 -1.29% 21:30
HANG SENG INDEX 27,040.39 -730.82 -2.63% 21:51
S&P/ASX 200 INDEX 6,368.40 -57.00 -0.89% 22:07
North/Latin America
INDEX VALUE CHANGE %CHANGE TIME
DOW JONES INDUS. AVG 12,799.04 -211.10 -1.62% 16:03
INDEX VALUE CHANGE %CHANGE TIME
S&P 500 INDEX 1,416.76 -22.94 -1.59% 16:05
INDEX VALUE CHANGE %CHANGE TIME
NASDAQ COMPOSITE INDEX 2,562.15 -34.66 -1.33% 16:05
INDEX VALUE CHANGE %CHANGE TIME
S&P/TSX COMPOSITE INDEX 13,289.01 -170.76 -1.27% 16:06
INDEX VALUE CHANGE %CHANGE TIME
MEXICO BOLSA INDEX 28,410.96 -639.56 -2.20% 15:46
INDEX VALUE CHANGE %CHANGE TIME
BRAZIL BOVESPA STOCK IDX 60,581.54 -1,754.48 -2.81% 15:14
Europe/Africa/Middle East
INDEX VALUE CHANGE %CHANGE TIME
DJ EURO STOXX 50 € Pr 4,195.58 -81.66 -1.91% 13:00
INDEX VALUE CHANGE %CHANGE TIME
FTSE 100 INDEX 6,070.90 -155.60 -2.50% 11:35
INDEX VALUE CHANGE %CHANGE TIME
CAC 40 INDEX 5,381.30 -125.38 -2.28% 12:10
INDEX VALUE CHANGE %CHANGE TIME
DAX INDEX 7,518.42 -111.89 -1.47% 14:29
INDEX VALUE CHANGE %CHANGE TIME
IBEX 35 INDEX 15,364.50 -335.50 -2.14% 11:36
INDEX VALUE CHANGE %CHANGE TIME
S&P/MIB INDEX 37,358.00 -580.00 -1.53% 11:35
INDEX VALUE CHANGE %CHANGE TIME
AMSTERDAM EXCHANGES INDX 483.53 -10.31 -2.09% 12:07
INDEX VALUE CHANGE %CHANGE TIME
OMX STOCKHOLM 30 INDEX 1,059.08 -17.87 -1.66% 11:43
INDEX VALUE CHANGE %CHANGE TIME
SWISS MARKET INDEX 8,125.42 -213.53 -2.56% 11:30
Asia/PacificWill there be a crash when Singapore opens today? Please keep watching, don't be complacent, be prepared for the worse... don't listen to con men telling you to take is easy... or telling you that you can "profit" from all these price movement...
INDEX VALUE CHANGE %CHANGE TIME
NIKKEI 225 14,837.66 -373.86 -2.46% 02:00
INDEX VALUE CHANGE %CHANGE TIME
HANG SENG INDEX 26,618.19 -1,153.02 -4.15% 03:01
INDEX VALUE CHANGE %CHANGE TIME
S&P/ASX 200 INDEX 6,384.30 -41.10 -0.64% 11/21
November 21, 2007 - “Covered bonds” are very much uncovered this afternoon in the worsening dollar crash, and the entire European market for trading these asset-backed securities among banks, has been shut down for a week, in another grave sign of a gathering bank panic.
China Hit by Subprime Crash
Nov. 16 (EIRNS)—China could be hit harder than predicted by the effects of the subprime crisis on world finance, and the impact of the crash on Chinese finance needs to be revalued, the influential China Securities News warned today. Even more important, China's huge foreign reserves of $1.43 trillion are in danger, with the dollar weakening as the Federal Reserve lowers interest rates. Already the dollar has fallen more than 5% against China's international currency, the renminbi, to now about 7.45 RMB to the dollar.
Nov. 20 (Bloomberg) — Federated Investors Inc., the third- largest manager of money-market accounts in the U.S., bailed out its Enhanced Reserve cash fund as declines in mortgage-backed securities caused the credit markets to seize up.
Credit -heart attack- wrote:[/url]
Credit 'heart attack' engulfs China and Korea
By Ambrose Evans-Pritchard, International Business Editor
Last Updated: 12:11pm GMT 22/11/2007
The global credit crisis has hit Asia with a vengeance for the first time, triggering a massive flight to safety as investors across the region pull out of risky assets.
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Korean and Chinese three-month yields have fallen from 4pc to 1pc in a matter of days in a eerie replay of events in late August when flight from banks and the US commercial paper markets caused yields on three-month Treasuries to falls at the fastest rate ever recorded. Asian investors appear to be opting for deposit accounts with government guarantees.
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/11/21/bcnasia121.xml&CMP=ILC-mostviewedbox
Posted on 11/22/07 at 09:13:39