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  • Listening To The Bundesbank.

    In This Issue.

    * Portugal to auction bonds.

    * A short-list of currencies gain VS the dollar.

    * Gold & Silver rebound.

    * RBNZ to cut rates?

  • China Is Back On The G-9 Docket...

    In This Issue..

    * Risk Aversion is strong once again...
    * Currencies get sold...
    * What's China really up to?
    * RBA to leave rates unchanged?

    Good day... And a Marvelous Monday to you! Some people have the day off today, so we'll probably not be back in full force until tomorrow... Not that we've been in full force, as a workforce in the U.S. for some time... But that's another story for another day! Today is a new day, and new week!

    Friday's thinned out markets were not what the currencies wanted to see, as the bias to Risk Aversion was magnified in the thinned out markets, only making the selling of the currencies even worse... Some 'levels' were hit in the thinned out markets, and that caused even more selling in the overnight markets as Japan and Asia came on board....