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woop

woop
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  • China PMI rises to 5-month high [View news story]
    Oops, HK and China markets closed today.
    Jun 2 08:18 AM | 1 Like Like |Link to Comment
  • Testing shows recalled General Motors cars safe to drive [View news story]
    Why don't they simply say all vehicles are safe if there is no passenger inside?
    May 14 01:59 PM | 3 Likes Like |Link to Comment
  • Overseas [View news story]
    China should be +0.74%. Google finance has (again) an index error today.
    Apr 4 06:26 AM | Likes Like |Link to Comment
  • Hong Kong Has Narrow Window To Prepare For Renminbi Convertibility [View article]
    Oops, I have no objection on this. What I pointed out was that HK could handle the massive capital inflow that was the worry of Li. The future problem of no capital inflow is a true worry.
    Jan 17 03:54 AM | Likes Like |Link to Comment
  • Hong Kong Has Narrow Window To Prepare For Renminbi Convertibility [View article]
    I guess it's overblown. HK has been handling the massive capital inflow/outflow via illicit export quite well already, isn't it?
    Jan 16 08:45 AM | Likes Like |Link to Comment
  • Latvia set to join euro [View news story]
    The ex-Soviet satellites had so much discontent with the Russians during the iron curtain era that they would get an Euro identify at all cost, even though maybe more sentimental than economical...
    Dec 31 07:32 AM | Likes Like |Link to Comment
  • Japan's machine-tool orders fall in sharp reversal [View news story]
    The PR link to JMBTA archive shows latest report as of Sep 27 (for August data) only. Where does the Sept's figure come from?
    Oct 9 10:30 PM | Likes Like |Link to Comment
  • Cooper management locked out of Chinese factory [View news story]
    This is better than management lock-in... http://reut.rs/1aaTi26
    Sep 1 05:23 AM | 1 Like Like |Link to Comment
  • More on Philly Fed: The big miss is another in a line of weak data points this morning. The decline was led by a steep drop in shipments to -8.5 from +9.1. Also notable is a big jump in inventories to +4.1 from -22.2. Employment worsened to -8.7 from -6.7. The percentage of firms reporting employment decreases was 22% vs. those reporting increases at 14% - a number sure to cross the desk of the FOMC doves this morning. Treasurys have had a tough May, but they're bouncing today, TLT +1.2%. The leveraged bear ETF: TBT -2.4%. Stocks give up early gains (DIA -0.2%). [View news story]
    Oops, but in the report, current iinventory diffusion is -22, not +4...
    May 16 10:42 AM | 1 Like Like |Link to Comment
  • More on Philly Fed: The big miss is another in a line of weak data points this morning. The decline was led by a steep drop in shipments to -8.5 from +9.1. Also notable is a big jump in inventories to +4.1 from -22.2. Employment worsened to -8.7 from -6.7. The percentage of firms reporting employment decreases was 22% vs. those reporting increases at 14% - a number sure to cross the desk of the FOMC doves this morning. Treasurys have had a tough May, but they're bouncing today, TLT +1.2%. The leveraged bear ETF: TBT -2.4%. Stocks give up early gains (DIA -0.2%). [View news story]
    Oops, but in the report, current iinventory diffusion is -22, not +4...
    May 16 10:42 AM | Likes Like |Link to Comment
  • Chinese industrial production +9.2% Y/Y in October vs +9.2% in September and vs consensus of +9.4%. Nomura economist Zhang Zhiwei says the data indicates that GDP growth could top 8% in Q4 vs 7.4% in Q3. [View news story]
    I guess it's "Industrial production rose 9.6% in October from a year earlier, up from the 9.2% increase in September,"
    Nov 9 03:03 AM | Likes Like |Link to Comment
  • A mixed bag in Asia, while Europe is still looking for some direction: Japan +0.9%. Hong Kong +0.1%. China -0.5%. India -0.2%. England +0.1%. France +0.1%. Germany -0.1%.  [View news story]
    Actually, China's (SSE Composite) dip today has a bit of significance. It broke below the low of end 2011.
    Jul 26 04:21 AM | Likes Like |Link to Comment
  • Cheap or value trap? The market cap of the entire European financial sector ($360B) drops below that of Canada ($377B). Total EU GDP is about 8.5X greater than Canada's.  [View news story]
    Or perhaps Canada's financials are overvalued?
    Jun 25 01:58 PM | Likes Like |Link to Comment
  • What do Treasurys know that stocks don't? Usually moving in lockstep, Treasury yields are diving as stocks meander higher. The 10-year -7 bps to 1.57%. TLT +0.8%.  [View news story]
    Not only treasurys, VIX is up too. I ain't sure whether it's Yahoo's Finance error or real...
    Jun 15 11:10 AM | Likes Like |Link to Comment
  • Central banks are preparing for coordinated action to provide liquidity if needed following this weekend's Greek elections, according to G-20 sources. Markets are flying.  [View news story]
    Albeit the central banks' action seems to last for 15 minutes only... Indices falling back to where it was.
    Jun 14 03:24 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
36 Comments
18 Likes