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The Traders Thread - Tuesday 24th February (TRAD)     

Greystone - 23 Feb 2009 21:20

Greystone - 23 Feb 2009 21:21 - 2 of 8

Hello traders!

In the US tonight, the DJIA was down 250.73 points at 7,114.94 with the S&P500
off 26.72 points at 743.33 and the Nasdaq Composite down 53.51 points at 1,387.72.

See you in the morning with the latest....

G.

bristlelad - 23 Feb 2009 21:24 - 3 of 8

HI Greystone//WORKING late again?????,many thanks/

Greystone - 24 Feb 2009 06:11 - 4 of 8

You're welcome bristlelad! :)

Greystone - 24 Feb 2009 06:12 - 5 of 8

Good morning traders!

In Asia today, the Nikkei was down 122.9 points at 7,253.26, while the Hang Seng
ended the morning down 461.46 points (3.5%) at 12,713.64.

NYMEX crude oil was off 4 cents at $38.06 a barrel.

Happy trading!

G.

Kyoto - 24 Feb 2009 06:28 - 6 of 8

Morning all. Market reports:

The Times
The Times (Need to know)
FT
The Guardian
The Independent
This is Money

The eurozone's financial system is under "severe strain" and risks setting off a downward spiral as the banking crisis and economic recession feed on each other, according to European Central Bank president Jean-Claude Trichet.
ECB's Trichet sounds alarm over Europe's credit contraction

For months the ECB held sternly to the high ground of orthodoxy as the US, Japanese, British, Canadian, Swiss and Swedish central banks slashed rates towards zero and embraced quantitative easing, but a confluence of fast-moving events is now forcing it to move.
ECB faces mutiny from national bank governors as recession deepens

Central Europes battered currencies rallied on Monday after four of the regions central banks issued co-ordinated statements calling recent currency weakness unjustified and raising the possibility of intervention on forex markets.
Central Europe bolsters currencies

Some of the City's shrewdest hedge fund investors, who made millions of pounds betting that UK bank shares would fall, have turned their guns on insurers amid heightened worry about the financial strength of the sector.
Short-sellers place their bets against big insurers

Senior City bankers are demanding pay rises of up to 10 per cent this year to make up for the clampdown on the bonus culture, a senior City head-hunter has told The Independent.
We need a pay rise bankers demand

Kyoto - 24 Feb 2009 06:33 - 7 of 8

NIKKEI 225AUSTRALIA ASX200SHANGHAIHANG SENG
t?s=%5EN225t?s=%5EAXJOt?s=000001.SSt?s=%5EHSI
KOSPIVIXGOLDNYMEX CRUDE
t?s=%5EKS11t?s=%5EVIXt?s=GLDchart.jpg

Greystone - 24 Feb 2009 16:55 - 8 of 8

End-of-day Market Overview
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