10/07/2014

07.10 BREAKING NEWS 21:00 ET: Possible Start of IDF Ground Operations in Gaza Tonight

by John Galt July 10, 2014 21:00 ET Just a little under 30 minutes ago, this shocking news was posted on the Times of Israel live blog on the current Gaza conflict: To give some perspective of the range of the Hamas rockets here is a map of Israel with Haifa highlighted: The following is a Twitter posting showing a screen shot of a television broadcast of rocket fire tonight against Haifa: Meanwhile, numerous Israeli news feeds are basically quiet about IDF and IAF activities other than routine alerts about rockets…


07.10 Market Flash: USD/JPY Breaks Below 101.50 Equity Futures are Ugly

by John Galt July 10, 2014 05:15 ET I guess the idea of QE finally ending in October along with the Japanese machinery orders disappointing and Europe slowing down even more finally woke up the big money with one thing on their mind this early morning: RISK OFF This chart from NetDania shows just how hard the USD/JPY breakdown was right after the release of the economic data in Europe this morning: The futures, courtesy of CNBC reflect that today just might be one of those “interesting” days in the market…


%d bloggers like this: