Asian News

[Ichiro]

29aug-bloomberg-fed may tolerate fster inflation

by craig torres

for info:

http://www.bloomberg.com/apps/news?pid=20601103&sid=aL98FDoN5J08&refer=us

 

[Ichiro]

31aug-bloomberg-nikkei best month since march

by patrick rial

for info:

http://www.bloomberg.com/apps/news?pid=20601101&sid=afz2Z5LFSg84&refer=japan

 

[Ichiro]

31aug-bloomberg-yen drop

( ``The BOJ is very unlikely to raise rates the rest of the financial year'' to March, said Toru Umemoto, chief currency analyst at Barclays Capital in Tokyo. ``It's negative for the yen,'' which may decline to 119 in a month.)( ``Foreigners are purchasing U.S. bonds on speculation price gains will moderate, meaning the Fed is probably finished lifting rates,'' said Ryohei Muramatsu, a manager of Group Treasury Asia at Commerzbank in Tokyo. ``It's dollar-supportive.'')

by ron harui

for info:

http://www.bloomberg.com/apps/news?pid=20601101&sid=a0yv872aw.uw&refer=japan

 

[Ichiro]

31aug-fsu-japan's fuzzy math.....

(“If Liars can figure, then figures can lie.” How should one react to Tokyo’s fuzzy math, after government apparatchniks added 34 items to the Japanese consumer price index, whose prices on balance were falling, and removed 48 goods and services that were becoming more expensive? The fuzzy math produced a stunning two-thirds decline in Japan’s core consumer inflation rate to 0.2% in July, from the 0.6% inflation rate reported in June, jolting Japanese interest rates.)


by gary dorsch

for info:

http://www.[[financialsense.com/fsu/editorials/dorsch/2006/0829.html


for info:

 

[Ichiro]

1sep-moringstar-bond-fund basis....

by sue stevens

"Now that the Fed has slowed raising interest rates, it may be time to increase your bond fund holdings. You may also want to consider inching your way out from short-term bonds to intermediate-term bonds. So let's go through a little refresher course of what you need to know as you venture into the bond world."

For info:http://biz.yahoo.com/ms/060831/172614.html

 

[Ichiro]

1sep-reuters-nikkei edges lower

by risa maeda


"The jobs data is seen as a gauge of the health of the U.S. economy, a key market for Japanese exports, and also provides a clue for the outlook of U.S. interest rates and the dollar. The fall in the yen has been one factor driving shares of Japanese exporters higher in the past weeks."

for inof:

http://yahoo.reuters.com/news/artic...6-09-01_07-05-13_T25505&type=comktNews&rpc=44

 

[Ichiro]

1sep-dailyfx-$ looking ahead to ism and payrolls

by kathy lien

"Japanese Yen

"According to recent data, the Japanese economy has been getting progressively worse. Overnight, industrial production dropped by 0.9 percent against the market’s forecast for 0.7 percent growth. Housing starts also fell by a much larger 7.5 percent while construction orders dropped by 20 percent. In the context of such large disappointments, it is hardly surprising that small businesses have actually turned pessimistic on the outlook for the Japanese economy. The weaker economic data makes it even more unlikely for the Bank of Japan to raise interest rates anytime soon. This means that in order for the Yen to reverse its recent slide, we would need to see either a sharp dollar sell-off or another revaluation announcement from China."

for info:

http://biz.yahoo.com/fxcm/060831/1157063800054.html?.v=1

 

[Ichiro]

1sep-cnnmoney-stock futures up slightly

""Everyone is comfortable with the moderate employment growth being forecast," said John Silvia, chief economist for Wachovia. "But given where the consensus is on jobs, anything weak would suggest the economy is weaker, and investors will be nervous about corporate earnings ahead."

for info:

http://biz.yahoo.com/cnnm/060901/090106_stockswatch.html?.v=2

 

[Ichiro]

2sep-dailyfx-us$ no more hike this year per fed fund futures

" Fed fund futures are pricing in a less than 20 percent chance of another rate hike this year. Nothing in the reports had what it takes to push us out of the 1.2750-1.2925 trading range that we have been trapped in since the beginning of the month. Looking at next week’s calendar, aside from non-manufacturing ISM and the Beige Book report, there is little US data. However the beginning of a new quarter and the return of traders from their summer holidays could still lead to some new positioning that could drive market activity. "

for info:http://www.dailyfx.com/story/dailyf...entals/US_Dollar___No_More_1157144223916.html

 

[Ichiro]

2sep-dailyfx-euro stablizes ahead of nfp

by boris shclossberg

"The EUR/USD recovered the 1.2800 figure in steady overnight trade as economic data generally confirmed Mr. Trichet’s view that the 12 member region is in the midst of a sustainable recovery and will likely see further monetary tightening as the year comes to a close. PMI Manufacturing slipped a notch printing at 56.5 against 57 expected as higher oil prices and a higher currency weighed slightly on demand in July. However, the gauge of industrial activity in the Euro-zone remained materially above the 50 boom/bust level indicating that the sector should continue to contribute to overall growth."

for info:

http://www.dailyfx.com/story/dailyf...ro_Stabilizes_Ahead_of_NFP_1157107121160.html

 

[Ichiro]

2sep-recuters-tough ecb talk raises specter of rates over 3 pct.

"Tough talk from the European Central Bank and its upgrade to growth and inflation forecasts have raised the specter that ECB interest rates could peak above 3.5 percent now priced in by financial markets."

for info:

http://today.reuters.com/news/artic..._L01637772_RTRUKOC_0_US-ECONOMY-ECB-RATES.xml

 

[Ichiro]

2sep-bloomberg-asian stocks rise this week on us growth.

by micheal tsang

"Asian stocks gained this week after reports indicated the U.S. economy is expanding at a pace that will sustain demand for the region's goods without fueling inflation. Exporters such as Nintendo Co. and Acer Inc. gained."

"It looks like the U.S. is headed for a soft landing, with less need to worry about inflation than we thought,'' said Kim Jun Ki, who manages about $1 billion in equities at Hanwha Investment Trust Management Co. in Seoul."

for info:

http://www.bloomberg.com/apps/news?pid=20601080&sid=as1_bFzygB4w&refer=asia

 

[Ichiro]

2sep-japn stocks retreat on concern economy is cooling

by makiko suzuki

" Concern that recent stock market gains were excessive contributed to today's decline. The Nikkei rose 4.4 percent in August, while the Topix climbed 4 percent, both posting their biggest monthly advances since March."

``Some gains in the past were not supported by fundamental reasons,'' said Hiroshi Chano, who helps oversee $6.7 billion at Yasuda Asset Management Co. in Tokyo. ``I'm still not sure investors' confidence over the second half is big enough to push shares higher.''

for info:

http://www.bloomberg.com/apps/news?pid=20601101&sid=atW6GVlE1Ero&refer=japan

 

[Ichiro]

2sep-bloomberg-$ advances after us employers hadd more jobs in aug

by deborah finestones

"The dollar rose against the euro after a government report showed the U.S. added more jobs than expected last month, bolstering speculation the Federal Reserve may raise interest rates again this year."

" International Monetary Fund Managing Director Rodrigo de Rato told reporters today China needs a currency that reflects the quickest pace of growth in a decade. U.S. Treasury Secretary Henry Paulson may ask China to increase the yuan's value when he visits this month. A stronger yuan makes exports from Japan, its largest trading partner, more competitive."

"There's talk China may increase the value of the yuan,'' said Akifumi Uchida, deputy general manager of the marketing unit at Sumitomo Trust & Banking Co. in Tokyo. ``This would push the yen higher.''

for info:

http://www.bloomberg.com/apps/news?pid=20601101&sid=a8nOUQa8vJBk&refer=japan

 

[Ichiro]

2sep-fso-rydex ratio implies prices iwll go higher

by carl swelin

"After the decline that lasted from the beginning of May to mid-June, a second bottom was made in July, from which the current rally emerged. Both the bottoming process and the rally have been rough and tedious, causing a lot of anxiety among market participants, and resulting in strong, persistent bearish sentiment. This is clearly visible on our first chart of Rydex Cash Flow analysis."

for info:http://www.financialsense.com/editorials/swenlin/2006/0901.html

 

[Ichiro]

2sep-fsu-the technical palette (for the new investors)

by david petch

for info:

http://www.[[financialsense.com/fsu/editorials/petch/2006/0901.html

 

[Ichiro]

3sep-cnnmoney-bond edge higer on weak economic reading'$ falls (this will benefit the F fund)

"the 30-year bond rose 2/32, or $0.63 on a $1,000 note, to yield 4.87 percent, down from 4.88 percent in the previous session. Bond prices and yields move in opposite directions."

For info:

http://biz.yahoo.com/cnnm/060901/090106_bonds.html?.v=3

 

[Ichiro]

3sep-reuters-us stoncs may climb after labor day

by vivianne rodrignes

"Now that everybody is coming back, we are going to see the real impact on the stock market of all the data that has been released in the past couple of days," said Alexander Paris, an economist and market analyst for Barrington Research, in Chicago. "Some of the reports showed a drop in consumer confidence, while other indicators came in better than expected. Bottom line is: The Fed has no reason to raise rates in September and that may help stocks."

For info:

http://biz.yahoo.com/rb/060903/column_stocks_outlook.html?.v=1

 

[Ichiro]

4aug-ci-the yield curve as a predictor of us recessions

by aruturo estrella

for info:http://www.newyorkfed.org/research/current_issues/ci2-7.pdf

 

[Ichiro]

4sep-retuers-yen gains on strong data

by nanomi tajutsu

"The yen has struggled due to soft data on consumer prices and industrial output, which pushed it to a record low against the euro last week, but it got a reprieve on Monday after data showed Japanese firms increased capital spending by 16.6 percent in the April-June quarter compared with a year earlier."

"Another factor supporting the yen was an enormous build-up in short positions in the currency, suggesting that the yen could get a lift if traders decide to unwind positions."

"The dollar has stalled, and today's data was fairly strong, so this could be an opportunity to pull back on the short yen positions that have been piling up," said a trader at a U.S. brokerage in Tokyo."


for info:
http://yahoo.reuters.com/news/artic...-09-04_05-58-00_T355395&type=comktNews&rpc=44