Pogaduchy przy porannej kawie

[Wirus]

daromanchester

Teraz to mi się zgadza z moimi doświadczeniami, więc nie mam więcej pytań

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To też ciekawe:
Is the SNB done selling euros?
Written by Jamie Coleman
October 31, 2012 at 12:57 GMT

They announced this morning that the percentage of euros in the Swiss National Bank’s massive reserve hoard had dropped to 48% from 60%.

It is hard to see the percentage falling much more than that given Switzerland’s ties to broader European economy.

Some suggest the SNB may be done selling euros. That’s good news for EUR/USD and bad news for alternative destinations like AUD, if true.
W sensie że ogólnie zdejmują hamulec z Euro i jednocześnie przestają kupować $A za Euro. O ile to prawda.

[daromanchester]

* Stocks edge up, Wall Street set to reopen after two days * Traders focus on Friday's U.S. non-farm payrolls * Gold importers in India await lower prices (Changes trade comment, byline, updates prices) By David Brough LONDON, Oct 31 (Reuters) - Gold rose to its highest in a week on Wednesday, as stock markets firmed and the dollar weakened ahead of a re-opening of New York markets, but were on track to end a four-month winning streak as October drew to a close. Prices broke back above $1,720 an ounce as European shares and U.S. stock index futures rose ahead of what may be a volatile session, as Wall Street traders return after a two-day closure following a storm that battered the U.S. east coast. Spot gold <XAU=> was at $1,719.66 at 1149 GMT, up 0.6 percent, while U.S. gold futures for December <GCcv1> rose $8.50 to $1,750.60. The metal remains on course for a monthly drop of more than 3 percent, its first one-month decline since May. "Gold is up today due to the firmer euro, weaker dollar and firmer European equity markets," Commerzbank analyst Daniel Briesemann said. Spot prices hit an 11-month high above $1,795 on Oct. 5 after the Federal Reserve unveiled new measures to boost the U.S. economy. These were seen as gold-friendly, as they stoked inflation concerns while maintaining pressure on interest rates. However gold retreated in line with other nominally higher-risk assets such as stocks and other commodities later in the month, as euphoria from the move petered out, with confidence in its rally dented by a failure to break $1,800 an ounce. Investors are now focusing on a key U.S. jobs report due later this week, analysts said. As the extent of the monetary stimulus programme has been linked to the health of the jobs market, Friday's U.S. non-farm payrolls report could potentially influence its scope. A Reuters poll shows the economy is expected to have added 125,000 jobs last month, though the unemployment rate is seen at 7.9 percent, against 7.8 percent the previous month. Mitsui Precious Metals analyst David Jollie said gold was likely to remain in a narrow range in the near term due to uncertainty before next week's U.S. election. "People are not keen to add risk to their portfolios ahead of that," Jollie said.

INDIAN DEMAND UBS said in a daily market report that the recent consolidation of gold prices above $1,700 an ounce was a healthy exercise in preparation for the next leg higher. "There are those who are still looking for another dip, perhaps one that offers an opportunity to jump in sub-$1700, between now and year-end," it said. "The clear downtrend from earlier in the month has now been replaced by this consolidation phase. But the possibility of another attempt on the downside certainly cannot be ruled out, especially with U.S. nonfarm payrolls coming up and the U.S. elections looming." Gold importers remained cautious, as prices continued to be supported by a weaker rupee and firm overseas markets ahead of festivals. [ID:nL3E8LV431] India's festival season peaks in November with Diwali, the Hindu festival of lights. Weddings also take place at this time, with gold jewellery part of the dowry daughters receive from their parents.

Ostatnio w dokumencie o Indiach na BBC mówili że gospodynie w Indiach mają więcej złota niż USA, Niemcy i Szwajcaria razem wzięte

[_/_/Dariusz_/_/]

To by wskazywało, że skoro rynek tyle przyjął to jest spora presja na umocnienie EUR.

[daromanchester]

India’s private gold holdings probably total 15,000 tons, according to an estimate by Citigroup analysts in May. Some jewelers like T.K. Chandiran of Coimbatore thinks this number is too conservative, and the real amount is more like 30,000 tons, counting other hidden temple treasures.

http://blogs.wsj.com/indiarealtime/2011 ... -treasure/

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Dollar demand rumored at the month-end fixing
Written by Jamie Coleman
October 31, 2012 at 13:56 GMT

The flows are generally a result of asset managers rebalancing portfolios to get back to their benchmark bogies. If, for example, US indexes underperform versus foreign counterparts during a month funds need to buy US equities and sell foreign equities (and currencies) to get back to a neutral weighting.

Today’s fixing comes at 16:00 GMT or noon Eastern time in the US.

[niemiaszek]

GOLD: Edel Tully of UBS says an Obama re-election "would be particularly
supportive" of gold prices, "not necessarily because he remains in office, but
because the market uncertainty will be removed." The market could then start to
focus on the Dec 11-12 FOMC meeting, when UBS economists look for the Fed to
announce that Operation Twist "will be replaced with QE4, an additional
open-ended balance sheet expansion programme of Treasury purchases worth $45bn a
month.". Price wise, some players await sub $1700 dips to buy between now and
year-end, with the topside target still $1800. Others wonder if the bottom has
already been seen and are focused on whether "the foundation gold has build so
far is sturdy enough... to overcome the elusive $1800 mark," Tully says.

[259]

No to wspólnymi siłami udało nam się wykopać to złoto z dołka

[259]

Ostatnio w dokumencie o Indiach na BBC mówili że gospodynie w Indiach mają więcej złota niż USA, Niemcy i Szwajcaria razem wzięte

Zgadza się i to one robią największy popyt.
Gdy na początku tego roku rupia leciała na pysk robiąc złoto zbyt drogim, popyt na biżuterię spadł i globalny rynek wpadł w marazm. Dopiero od kilku miesięcy w Indiach jest odbicie (rupia w górę) co ożywiło zakupy. Prawdę mówiąc, gdyby nie Chińczycy którzy wykorzystywali przecenę w dolarach, złoto mogłoby spaść w okolice $1300 zamiast plątać się pomiędzy $1530-1640 w Maju-Lipcu tego roku.

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It’s true! It’s true!
Written by Jamie Coleman
October 31, 2012 at 16:03 GMT

The fixing rumors look to have been spot-on today as we make fresh dollar highs right at 16:00 GMT.

EUR/USD bottomed at 1.2957 at 15:59.

Good news for the banks if they were properly positioned leading up to the fix as they get to fix the rate very close to the lows of the day.

EUR/USD rebounding now that the fix has passed.

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