USD melts as Bullard stays dovish

If you look at...how the FOMC has behaved in the past, it's been two-and-a-half to three years before we've raised rates after the end of a recession. So if you think the recession ended in the summer of 2009, two-and-a-half years later is a long ways -- it's all the way to 2012," Bullard said.

Euro zone countries have decided in principle to help debt-stricken Greece, a senior German ruling coalition source said on Tuesday.

www.cnbc.com

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Added on February 10, 2010, 1:17 amECB to the rescue?

Short term Greek paper guaranteed by ECB?

This post has been edited by AdamG1981: Feb 10 2010, 01:17 AM

Goodnight, my job here is done!

Chinese trade balance data coming out soon

ECB and Germany are helping all the euro peripheral countries that are having problems with huge deficit. Trichet will address the solution soon to the public.

Yup, hsi futures red

Dow futures red

Actually, i think its a great time to buy quality names. I don't mind accumulating BHP, Rio, Olam, Wilmar on the dips.

Mamee, Top Glov, Digi...

Buy those with strong balance sheet and increasing topline growth

This post has been edited by AdamG1981: Feb 10 2010, 11:02 AM

Haio, harta

It really depends on your FA analysis. Some household companies have strong balance sheet but growth is slowing down due to intense competition. If you want to buy explosive growth, the small cap sector is usually one should look at.

Oh, now i know what you mean.. Sorry..yeah in china's case TRADE SURPLUS

This post has been edited by AdamG1981: Feb 10 2010, 11:10 AM

Sure, Digi is competitive in its pricing. And with the new 3G rollout , i am confident digi will reclaim some market share.

Source: Bloomberg


China's January Imports by Country (Table) 2010-02-10 03:32:39.120 GMT


By Jay Wang
Feb. 10 (Bloomberg) -- Following is a table for China’s foreign import figures by country released by the Beijing-based Customs General Administration.
*T
==============================================================================
Jan. Dec. Nov. Oct. Sept. Aug. July
2010 2009 2009 2009 2009 2009 2009 YTD
==============================================================================
--------------------------- YoY % ---------------------------
U.S.A. 56.6% 41.3% 16.7% -0.3% -2.9% -3.7% -12.4% 56.6%
Canada 44.4% 36.3% 3.3% -11.4% 5.8% -5.1% -10.3%44.6%
Hong Kong 86.8% 13.5% 1.6% -38.2% -33.0% -34.8% -33.3% 87.0%
Japan 76.3% 42.7% 17.1% -12.9% -1.0% -18.6% -20.6% 75.8%
South Korea 94.5% 67.5% 39.2% -5.8% 0.7% -12.3% -18.9% 94.5%
Taiwan 109.0% 81.2% 52.2% -2.0% -0.9% -18.5% -25.4% 109.0%
India 111.0% 71.3% 77.0% -0.3% 11.3% -43.0% -39.3% 112.0%
Asean 118.7% 78.8% 45.1% 2.6% 1.7% -15.6% -12.8% 117.3%
Malaysia 142.4% 105.0% 59.7% 16.3% 6.4% -8.0% -8.8% 140.5%
Singapore 76.9% 52.2% 36.1% -6.7% -4.2% -21.3% -10.3% 75.6%
==============================================================================
Jan. Dec. Nov. Oct. Sept. Aug. July
2010 2009 2009 2009 2009 2009 2009 YTD
==============================================================================
--------------------------- YoY % ---------------------------
European Union46.1% 27.6% 22.7% -5.4% 7.6% -6.7% -7.4% 46.5%
U.K. 52.6% 13.9% 17.4% -13.5% -8.7% -17.6% -27.2% 52.2%
Germany 50.3% 26.2% 24.1% 4.6% 12.0% 2.1% 0.2% 50.9%
France 31.7% -3.3% 6.1% -34.1% -10.6% -33.3% -25.9%31.7%
Italy 32.4% 29.2% 23.2% -20.3% 8.7% -17.6% -16.3%33.6%
Netherlands 104.7% 57.6% 46.6% 7.9% 56.3% -8.2% -10.1% 106.2%
Russia 164.0% 53.6% 14.7% 1.2% 3.5% -19.1% -7.6% 162.7%
South Africa 92.3% 70.7% 7.9% -21.4% 1.5% 17.2% -5.1%92.2%
Brazil 141.4% 44.4% -7.1% 18.7% 2.3% -20.0% -4.3%141.6%
Australia 107.3% 103.2% 25.3% 3.2% 5.3% -7.0% 4.4% 106.4%
------------------ Imports (USD Billion) --------------------
U.S.A. $7.76 $9.53 $7.20 $6.18 $6.92 $6.29 $6.32 $7.76
Canada $0.96 $1.15 $0.96 $0.82 $1.22 $1.10 $1.29 $0.96
Hong Kong $0.86 $0.97 $0.78 $0.71 $0.91 $0.77 $0.85 $0.86
Japan $11.05 $15.05 $12.22 $11.23 $13.80 $11.01 $11.94 $11.05
South Korea $9.78 $10.92 $9.81 $9.00 $10.81 $8.93 $9.26 $9.78
==============================================================================
Jan. Dec. Nov. Oct. Sept. Aug. July
2010 2009 2009 2009 2009 2009 2009 YTD
==============================================================================
------------------ Imports (USD Billion) --------------------
Taiwan $8.16 $9.50 $8.59 $7.91 $9.28 $7.91 $7.74 $8.16
India $1.82 $1.78 $1.19 $0.94 $1.42 $0.80 $0.98$1.82
Asean $10.93 $12.81 $10.49 $9.44 $10.94 $9.00 $10.11 $10.93
Malaysia $3.45 $4.05 $3.32 $3.07 $3.49 $2.85 $2.88 $3.45
Singapore $1.74 $2.09 $1.67 $1.40 $1.64 $1.40 $2.15 $1.74
European Union$11.83 $13.36 $11.79 $10.06 $12.75 $11.31 $12.04 $11.83
U.K. $0.70 $0.87 $0.79 $0.64 $0.73 $0.65 $0.67 $0.70
Germany $5.34 $5.71 $5.17 $4.70 $5.60 $5.21 $5.28 $5.34
France $1.18 $1.29 $1.25 $0.87 $1.38 $1.10 $1.15 $1.18
Italy $0.99 $1.14 $0.94 $0.69 $1.04 $0.93 $1.04 $0.99
Netherlands $0.44 $0.54 $0.51 $0.42 $0.61 $0.43 $0.58 $0.44
Russia $2.18 $1.96 $1.59 $1.66 $2.30 $1.93 $2.13 $2.18
South Africa $0.76 $0.90 $0.83 $0.73 $0.88 $0.83 $0.80 $0.76
Brazil $1.86 $2.16 $2.15 $2.77 $3.54 $2.96 $3.23 $1.86
Australia $3.89 $4.44 $3.40 $3.04 $3.95 $3.41 $4.16 $3.89
==============================================================================
Note: Figures are in billions of USD.
Year-over-year % changes are calculated by Bloomberg New
except YTD YoY%.
Prior figures are from previous press releases and may be revised.
*T

Tomorrow China's CPI data release.

By Ranjeetha Pakiam
Feb. 10 (Bloomberg) -- Palm oil stockpiles in Malaysia, the world’s second-largest producer, fell 11 percent in January compared with the previous month.
Inventory of the edible oil, used mostly in cooking, fell to 2,000,656 metric tons, the Malaysian Palm Oil Board said in a statement today. Output fell 13 percent to 1,321,043 tons, while exports rose 19.4 percent to 1,461,731 tons.

BACK!

Shanghai holding its gains

This post has been edited by AdamG1981: Feb 10 2010, 02:18 PM

Check osk weekly chart

UK industrial production COMING SOON: 5:30 pm

More clues than EuroZone will blanket the peripheral countries

Portugal Plans to Sell 3 Billion Euros of 10-Year Bonds 2010-02-10 09:23:54.50 GMT


By Caroline Hyde
Feb. 10 (Bloomberg) -- Portugal plans to sell 3 billion euros of 10-year bonds, according to a banker involved in the transaction.
The notes may be priced to yield 145 to 150 basis points more than the benchmark mid-swap rate.