Interesting news:
- Chosun reports that South Korea's sovereign-wealth fund obtains license to invest in mainland Chinese stock and bond markets
- Lawmakers from Chancellor Angela Merkel’s party are stepping up pressure on Greece as it struggles to meet the terms of its second bailout, saying that a Greek exit from the euro region would be manageable. (Bloomberg)
- ...the exchange rate that would equalise the price of a Swiss Big Mac with an American one is 1.55 francs to the dollar; the actual exchange rate is only 0.96. (Economist)
One more time :)
- The market can stay irrational longer than you can stay solvent - John Maynard Keynes
* EURCHF stopped out as pair dips below 1.2100, no sign of SNB. Stay away from manipulated currencies.
* XAU tgt reached, turned short small. AUD small tgt reached, square.
*EUR long in play, GBPJPY long small, close stop.
- Chosun reports that South Korea's sovereign-wealth fund obtains license to invest in mainland Chinese stock and bond markets
- Lawmakers from Chancellor Angela Merkel’s party are stepping up pressure on Greece as it struggles to meet the terms of its second bailout, saying that a Greek exit from the euro region would be manageable. (Bloomberg)
- ...the exchange rate that would equalise the price of a Swiss Big Mac with an American one is 1.55 francs to the dollar; the actual exchange rate is only 0.96. (Economist)
One more time :)
- The market can stay irrational longer than you can stay solvent - John Maynard Keynes
* EURCHF stopped out as pair dips below 1.2100, no sign of SNB. Stay away from manipulated currencies.
* XAU tgt reached, turned short small. AUD small tgt reached, square.
*EUR long in play, GBPJPY long small, close stop.
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