Παρασκευή 31 Οκτωβρίου 2008

ΕΥΚΑΙΡΙΑ??

----- Original Message -----
From: Dimitris@tangara.gr
To: Paschos Mandravelis
Sent: Friday, October 31, 2008 10:25 PM
Subject: ΚΙΝΔΥΝΟΛΟΓΙΑ + ΦΟΥΣΚΑ
ΑΓΑΠΗΤΕ ΠΑΣΧΟ
ΠΑΛΙ ΔΕΝ ΜΑΣ ΤΑ ΕΙΠΑΤΕ ΚΑΛΑ ΑΠΟΨΕ
ΠΟΥ ΤΟ ΒΡΗΚΕ ΤΟ SPREAD 172 BP OVER BUNDS O HLIAS?

ΠΑΡΑΚΑΤΩ ΤΟ REUTERS ΔΙΝΕΙ SPREAD 159 ΑΠΟ 165 ΠΡΟΧΘΕΣ.
ΔΕΣ ΤΟ ΑΛΛΟ ΑΡΘΡΟ ΠΑΡΑΚΑΤΩ
ΑΡΑ ΟΙ ΠΛΗΡΟΦΟΡΙΕΣ ΣΑΣ ΕΙΝΑΙ ΑΝΑΚΡΙΒΕΙΣ !
ΠΙΣΤΕΥΩ ΟΤΙ ΠΡΟΚΕΙΤΑΙ ΠΕΡΙ ΕΥΚΑΙΡΙΑΣ. ΔΗΛΑΔΗ ΕΙΝΑΙ ΚΑΛΗ ΕΥΚΑΙΡΙΑ
ΚΑΠΟΙΟΣ ΝΑ ΑΓΟΡΑΣΕΙ ΤΑ 10ΕΤΗ ΕΛΛΗΝΙΚΑ
ΟΜΟΛΟΓΑ!!!
ΘΑ ΔΟΥΜΕ ΠΟΙΟΣ ΕΧΕΙ ΔΙΚΙΟ

ΦΙΛΙΚΑ
ΔΗΜΗΤΡΗΣ


To: DIMITRIS@TANGARA.GR
Sent: Friday, October 31, 2008 9:44 PM
Subject: 1.doc
EURO GOVT-Bunds sag as stocks gain traction

Παρασκευή, 31 Οκτωβρίου 2008 6:47:30 μμ (GMT+02:00)
Provided by: Reuters News

RTRS


* Bunds retreat as stocks clamber from depths * Market anticipates ECB, BoE, RBA cuts next week * Dec. Bund future last 110 ticks down at 116.12 By Emelia Sithole-Matarise
LONDON, Oct 31 (Reuters) - Euro zone government bond prices sagged on Friday as shares gained traction with investors picking up bargains, encouraged by further signs of thawing in credit markets, dimming the allure of low-risk government debt.
Bunds reversed earlier gains as European stocks tracked Wall Street higher with investors shrugging off gloomy U.S. economic data on grounds that the bad news was already priced in.
Bond market participants also cited some position-squaring ahead of the weekend and some disappointment that Bunds failed to break out of this week's ranges despite being well bid for the sharp falls seen late in the session.
"The Bund market in particular has been fairly range bound despite feeling quite well bid for a lot of the week we really haven't gone on to eclipse the highs we saw on Tuesday perhaps there's a bit of a disappointment trade going on there," said Sean Maloney, rates strategist at Nomura International.
"There's a lot of position squaring going on ... I think it's a confluence of position adjustment factors going into a weekend in thin market conditions which is exacerbating the moves here," he said.
At 1630 GMT, December Bund futures
xe@GBL08Z
were 110 ticks down on the day at 116.12 but volumes were subdued at just over 715,000 lots.
Two-year bond yields
xe@?EU2YT.RR
were nine basis points higher at 2.562 percent while 10-year bond
xe@?EU10YT.RR
yields were 0.7 basis points up at 3.889 percent.
The moves drove the 2-10-year yield curve to its steepest in four years around 138 basis points, with shorter-dated maturities outperforming on expectations that the European central banks will follow the U.S. Federal Reserve and the Bank of Japan in cutting rates next week.
The Bank of Japan cut interest rates for the first time in seven years to 0.3 percent from 0.5 percent, reinforcing the view that policymakers worldwide will do whatever it takes to shelter economies from the worst financial storm in 80 years.
The European Central Bank, Britain and Australia are all expected to cut rates by 50 basis points next week after the U.S. Federal Reserve on Wednesday slashed official borrowing costs in the world's biggest economy to 1 percent.
Figures derived from Eonia rates show the market fully pricing in at least a 50 basis point rate cut from the ECB next week, which would take rates to 3.25 percent, and further cuts to 2.5 percent by March.
Earlier, data showed the euro zone's annual inflation rate fell to 3.2 percent in October from 3.6 percent the previous month. That is still above the ECB's target of just below 2 percent, but the downtrend gives policymakers some room to manoeuvre and governing council member Guy Quaden was the latest to boost expectations it will cut rates next week [nLV456605]
nLV456605
. SPREADS STAY WIDE Before the central bank decisions, some focus will be on the
U.S. presidential election on Tuesday but bond strategists said the outcome will likely have a marginal impact on the market.
Market participants said looming issuance as governments tap the market to fund multi-billion dollar schemes to rescue the financial sector would also weigh on the debt market.
"These are incredibly thin markets and market participants are wary of supply," said Orlando Green, fixed income strategist at Calyon in London.
"We've seen a lot of jostling around by issuers who are not sure of how well their offerings are going to be received ... That supply element is something that shouldn't be ignored."
Bonds issued by euro zone countries other than Germany continued to underperform in highly illiquid markets. Ten-year Greek bonds were yielding 159 basis points over Bunds, with 10-year Italian bonds around 124 basis points over.
"The ultimate trick or treat dilemma...is whether to sell the overblown Euro-sovereign spreads. There were some signs of normalisation yesterday, but it would take a brave investor to sell these spreads in the current illiquid market conditions and ahead of a busy supply period next month," Calyon rate strategists said in a note.
(Editing by Andy Bruce)


----- Original Message -----
From: Dimitris@tangara.gr
To: Paschos Mandravelis
Sent: Thursday, October 30, 2008 10:16 PM
Subject: ΚΙΝΔΥΝΟΛΟΓΙΑ?
ΦΙΛΕ ΠΑΣΧΟ

ΤΟ ΠΑΡΑΚΑΤΩ ΣΧΟΛΙΟ ΓΙΑ ΤΟΝ Κ. ΣΙΑΚΑΝΤΑΡΗ
ΕΥΧΑΡΙΣΤΩ

ΑΓΑΠΗΤΕ ΚΥΡΙΕ

ΣΗΜΕΡΑ ΜΑΣ ΕΙΠΑΤΕ ΤΗ ΜΙΣΗ ΑΛΗΘΕΙΑ!

ΓΙΑΤΙ (ΜΗΠΩΣ ΕΠΙΜΕΛΩΣ) ΜΑΣ ΑΠΟΚΡΥΨΑΤΕ ΟΤΙ ΤΟ SPREAD ME TA BUNDS AYΞΗΘΗΚΕ
ΚΑΙ ΣΤΗΝ ΙΤΑΛΙΑ ΚΑΙ ΜΑΛΙΣΤΑ ΠΕΡΙΠΟΥ ΜΕ ΤΗΝ ΙΔΙΑ ΕΚΑΤΟΣΤΙΑΙΑ ΑΥΞΗΣΗ ΟΠΩΣ ΑΠΟΔΕΙΚΝΥΕΤΑΙ ΑΠΟ ΤΟ
ΠΑΡΑΚΑΤΩ ΑΡΘΡΟ!

ΑΝ ΤΟ ΓΝΩΡΙΖΑΤΕ ΚΑΙ ΔΕΝ ΜΑΣ ΤΟ ΕΙΠΑΤΕ ΑΥΤΟ ΣΙΓΟΥΡΑ ΣΥΝΙΣΤΑ ΑΠΑΡΑΔΕΚΤΗ ΚΙΝΔΥΝΟΛΟΓΙΑ!!

ΣΧΟΛΙΑ ΕΥΠΡΟΣΔΕΚΤΑ

ΕΥΧΑΡΙΣΤΩ


Dimitris Sioutis (MBA)19, Olympias str,16561 Glyfada Athens, GreeceTel/Fax: + 30 210 96 37 203 MOBILE: + 30 694 55 47 109 Email: Dimitris@Tangara.grwww.tangara.grwww.adikiellada.blogspot.com

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