Currently viewing the tag: "Currencies"

Financials: Dec. Bonds are currently 14 lower at 141’04, 10 Yr. Notes 6 lower at 126’14 and 5 Yr. Notes down 3 at 119’16. Early this morning the Bank of Japan announced it would increase it’s Bond purchases by more than the equivalent of 780 billion dollars (quantitative easing) in an effort to stimulate their [...]

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Financials: Dec. Bonds are currently 2 lower at 141’15, 10 Yr. Notes 1 lower at 126’29 and the 5 Yr. Notes fractionally lower at 119’29. Results of the 2 day FOMC meeting will be announced at 1:00pm Central. It is expected that we will see the end of Quantitative Easing and that language will reflect [...]

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The Windy City Trader 10/28/14

On October 28, 2014 - 7:47 AM By

Usually as we approach November Chicagoans know what to expect weather wise and pretty much go into hibernation for the next 6-7 months until the spring thaw sometime around May. Our beloved Chicago Bears however went into hibernation much earlier than usual, about 4 weeks ago, as they continue to find new and innovative methods [...]

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Financials: Dec. Bonds are currently 10 higher at 142’01, 10 Yr. Notes 3 higher at 127’04 and 5 Yr. Notes fractionally higher at 119’30.5. The failure of several (17?) European banks, particular the Italians, to pass ECB initiated stress tests in the event of a financial debacle has rallied U.S. treasuries off of overnight lows [...]

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General Comment: I recently read a piece by Dr. Kent Moors about the cut in oil prices by the Saudis being the biggest economic threat to Russia. Traditionally, Asian buyers of Saudi crude pay a premium which makes it a higher price than Europe or North America pays. Russia began to compete in the fast [...]

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Financials: Dec. Bonds are currently 20 higher at 142’11, 10 Yr. Notes 8 higher at 127’08 and the 5 Yr. Note 4 higher at 120’01.2. Need to know: On Wednesday June Bonds rallied sharply jumping more than 10’00 points to above 151’00, as the rest of the market was more or less unchanged. The June [...]

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Financials: Dec. Bonds are currently 13 lower at 142’22, 10 Yr. Notes 7 lower at 127’19 and the 5 Yr. Note 4 lower at 120’07. These markets have set back from last weeks lofty numbers as equities have had a near 50% correction to the upside from their recent lows due to some surprisingly good [...]

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As I have aged and the girth around my midsection grew I finally decided to get healthy. I wouldn’t really call it a diet but a common sense lifestyle. As folks have noticed and asked how much I have lost and how much more I expect to lose I used the what I like to [...]

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Janet Yellen, current head duck at the Fed, spoke up today at a conference on “Economic Inequality” at the Boston branch of the central bank. She’s concerned about rising economic inequality in the United States. I am concerned too, that I am not in the top 1%. To be fair, Janet Yellen has accepted a [...]

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Financials: Dec. Bonds are currently 21 higher at 145’02, 10 Yr. Notes 9 higher at 128’27 and 5 Yr. notes 2.5 higher 120’25.5. Yesterday was the most volatile day in recent history as the yield on the 30 Yr. Bond dropped temporarily below 3.00% and yield on the 10 Yr. dropped below 2.00% (the low [...]

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The Windy City Trader 10/15/14

On October 15, 2014 - 2:16 PM By

Hello Fellow Traders, OK now, no offense to Red Sox or Yankees fans but it is sure nice to actually have one year in the playoffs where neither team is a participant. Hey Boston and New York fans use our motto from our Chicago baseball teams…. There is always next year. This Week’s Commentary Metals: [...]

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Financials: Dec. Bonds are currently 20 higher at at 142’21, 10 Yr. Notes 10.5 higher at 127’15.5 and 5 Yr. Notes 5 higher at 120’01. Continued flight to quality in treasuries as Equities set back about 6% over the last couple of weeks. I am willing to sell the 5 Yr. Note above 120’00 (I [...]

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