Quick listing of some key news events.

Clearly Deutsche Bank have a lot of underwater positions at present and so praising central bankers. Quite amusing.. lol.

http://www.bloomberg.com/news/2011-08-10/central-bankers-become-tower-of-strength-amid-debt-turmoil.html

Copper demand rises out of China in spite of poor seasonal factors. The evidence is China will keep switching from USDs to buy hard commodities when prices drop.

http://www.bloomberg.com/news/2011-08-11/copper-climbs-for-first-day-in-seven-in-london-as-industrial-metals-gain.html

Insider buying surges.

http://www.bloomberg.com/news/2011-08-11/insiders-buying-stock-at-highest-rate-since-march-09-as-s-p-500-drops-18-.html

Oops USDA may be wrong again.. No, surely not. At least they are consistent.

http://www.bloomberg.com/news/2011-08-11/corn-soybeans-climb-on-speculation-usda-may-reduce-production-forecasts.html

Australian unemployment ticked up for the first time since last October from 4.9 to 5.1%. The loss of jobs was almost exactly mirrored by the rise in temporary jobs however.

http://www.bloomberg.com/news/2011-08-11/australian-jobless-rate-rises-most-since-october-2010-currency-declines.html

Rich

 

 

 

 

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