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  • Indonesia | Online Stockmarket Trading Update
    Flores for the development of a 30 MW geothermal power plant and The direct supply of approximately 25 MW of base load geothermal power from existing geothermal resources to PT Dairi Prima s planned underground zinc lead mine in northern Sumatra Panax and Bakrie have also completed a Binding Terms Sheet Agreement with PT Dairi Prima Minerals PTDPM for the supply of up to 25 MW of geothermal power for PTDPM s Dairi Prima mine in northern Sumatra www panaxgeothermal com au http www traderdealer com au Fundamentals pax Tags Electricity Generation Geothermal energy Indonesia JV Agreement Panax PAX Posted in ASX Company News No Comments MOKO Mobi Enters Indonesian Market Tuesday March 16th 2010 MOKO mobi Limited MKB today is pleased to announce that it has signed an agreement with PT Innotech Wireless Solutions a leading mobile specialist service provider to all the major Indonesian mobile carriers Innotech has been appointed as the exclusive agent for MOKO mobi in Indonesia and will be responsible co coordinating the launch of the service on the carrier s portals with zero rated data premium MMS and WAP billing Indonesia is a large mobile market with over 180 million mobile customers This contract means MOKO will significantly increase its presence in the South East Asian market building on the exiting launches in Malaysia and Philippines We are very excited to have Innotech partner with us in developing the Indonesian market Innotech s carrier relationships and technical understanding will enable MOKO mobi to become the leading mobile Chat Share service in the region said Ian Rodwell MOKO mobi s CEO MOKO mobi is one of the best mobile chat and community services we have come across and clearly demonstrates a unique commercial proposition for the carriers that is currently not being met especially in the area of premium MMS said Innotech Director Mr Stefanus Surjadi Established in 2005 PY Innotech Wireless Solutions is a technology developer and service provider specialising in Messaging Tracking Mobile Advertising Loyalty Programs for corporate customers and mobile network operators in the Indonesian market MOKO mobi is a global platform that enables people to Chat Share Anywhere People from around the world use MOKO mobi on their mobile phone or PC to meet new people chat in real time with likeminded people upload unlimited photos video share links and sample recommend music from the many MOKO mobi www moko mobi http corporate moko mobi Tags Indonesia MKB MOKO mobi New contract Telecommunications Posted in ASX Company News No Comments First Shipment of Copper Cathode from Indonesia Tuesday March 10th 2009 Finders Resources Ltd FND is pleased to announce the maiden shipment of 61 tonnes of copper cathode from the Wetar Copper Project on March 6th 2009 This shipment represents the first production of high quality cathode copper using heap leach and SX EW technology within Indonesia Significantly the Wetar Copper Project is in full accord with the push for increased levels of in country processing required by the new Indonesian

    Original URL path: http://blog.traderdealer.com.au/tag/indonesia/ (2013-02-03)
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  • Prana Biotechnology Granted Parkinson's Disease Patent | Online Stockmarket Trading Update
    Exchange in March 2000 and listed on NASDAQ in September 2002 Researchers at prominent international institutions including The University of Melbourne The Mental Health Research Institute Melbourne and Massachusetts General Hospital a teaching hospital of Harvard Medical School contributed to the discovery of Prana s technology www pranabio com http www traderdealer com au fundamentals pbt Tags Biotechology Parkinsons Disease Patent Granted PBT Prana Biotechnology Stock Market Analysis Markets Remain On Edge Due To Global Debt and Growth Concerns ASX Company News Cougar Energy Enters Indonesian Coal Joint Venture This entry was posted on Tuesday November 29th 2011 at 6 19 am and is filed under ASX Company News You can follow any responses to this entry through the RSS 2 0 feed You can leave a response or trackback from your own site Leave a Reply Click here to cancel reply Name required Mail will not be published required Website RSS Feed Twitter Follow Us Sign up to our free weekly e newsletter Feel inspired Start trading Recent Post Markets Cap Best January Performance for Over a Decade Weekly Market Wrap The Covered Call Collar Part 3 1 of Options Trading for All Types of Market Environments Stock Market Analysis Markets Cap Best January for Over a Decade Stock Market Analysis Traders Take Profits Stock Market Analysis Markets Reach Bull Market Territory Stock Market Analysis US Markets Ease Near All Time Highs Markets Higher As Investors Play Catch Up Weekly Market Wrap Investing in 2013 continued Part 9 Stock Trading Tips for All Types of Market Environments Stock Market Analysis Markets Higher As Investors Play Catchup Stock Market Analysis Markets Cautious Ahead Of Chinese Data Archives February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 July 2012 June 2012 May 2012 April 2012 March

    Original URL path: http://blog.traderdealer.com.au/2011/11/29/asx-company-news-prana-biotechnology-granted-parkinsons-disease-patent/ (2013-02-03)
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  • Biotechology | Online Stockmarket Trading Update
    Fox Foundation to undertake preclinical development studies to enable human clinical trials Prana Biotechnology was established to commercialise research into Alzheimer s Disease and other major age related neurodegenerative disorders The Company was incorporated in 1997 and listed on the Australian Securities Exchange in March 2000 and listed on NASDAQ in September 2002 Researchers at prominent international institutions including The University of Melbourne The Mental Health Research Institute Melbourne and Massachusetts General Hospital a teaching hospital of Harvard Medical School contributed to the discovery of Prana s technology www pranabio com http www traderdealer com au fundamentals pbt Tags Biotechology Parkinsons Disease Patent Granted PBT Prana Biotechnology Posted in ASX Company News No Comments RSS Feed Twitter Follow Us Sign up to our free weekly e newsletter Feel inspired Start trading Recent Post Markets Cap Best January Performance for Over a Decade Weekly Market Wrap The Covered Call Collar Part 3 1 of Options Trading for All Types of Market Environments Stock Market Analysis Markets Cap Best January for Over a Decade Stock Market Analysis Traders Take Profits Stock Market Analysis Markets Reach Bull Market Territory Stock Market Analysis US Markets Ease Near All Time Highs Markets Higher As Investors Play Catch Up Weekly Market Wrap Investing in 2013 continued Part 9 Stock Trading Tips for All Types of Market Environments Stock Market Analysis Markets Higher As Investors Play Catchup Stock Market Analysis Markets Cautious Ahead Of Chinese Data Archives February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 July 2012 June 2012 May 2012 April 2012 March 2012 February 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 April 2011 March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010

    Original URL path: http://blog.traderdealer.com.au/tag/biotechology/ (2013-02-03)
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  • Parkinsons Disease | Online Stockmarket Trading Update
    Fox Foundation to undertake preclinical development studies to enable human clinical trials Prana Biotechnology was established to commercialise research into Alzheimer s Disease and other major age related neurodegenerative disorders The Company was incorporated in 1997 and listed on the Australian Securities Exchange in March 2000 and listed on NASDAQ in September 2002 Researchers at prominent international institutions including The University of Melbourne The Mental Health Research Institute Melbourne and Massachusetts General Hospital a teaching hospital of Harvard Medical School contributed to the discovery of Prana s technology www pranabio com http www traderdealer com au fundamentals pbt Tags Biotechology Parkinsons Disease Patent Granted PBT Prana Biotechnology Posted in ASX Company News No Comments RSS Feed Twitter Follow Us Sign up to our free weekly e newsletter Feel inspired Start trading Recent Post Markets Cap Best January Performance for Over a Decade Weekly Market Wrap The Covered Call Collar Part 3 1 of Options Trading for All Types of Market Environments Stock Market Analysis Markets Cap Best January for Over a Decade Stock Market Analysis Traders Take Profits Stock Market Analysis Markets Reach Bull Market Territory Stock Market Analysis US Markets Ease Near All Time Highs Markets Higher As Investors Play Catch Up Weekly Market Wrap Investing in 2013 continued Part 9 Stock Trading Tips for All Types of Market Environments Stock Market Analysis Markets Higher As Investors Play Catchup Stock Market Analysis Markets Cautious Ahead Of Chinese Data Archives February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 July 2012 June 2012 May 2012 April 2012 March 2012 February 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 April 2011 March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010

    Original URL path: http://blog.traderdealer.com.au/tag/parkinsons-disease/ (2013-02-03)
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  • PBT | Online Stockmarket Trading Update
    PBT Prana Biotechnology Posted in ASX Company News No Comments ASX Company News Prana Biotech Granted Japanese Patent Tuesday April 12th 2011 Prana Biotechnology PBT announced that it has secured a key PBT2 patent in Japan The Japanese Patent Office has granted a composition of matter patent for Prana slead clinical asset PBT2 and other selected 8 Hydroxyquinoline compounds in Japan The patent entitled 8 Hydroxyquinoline derivatives also covers pharmaceutical compositions containing PBT2 and selected 8 hydroxyquinoline compounds and the use of the compounds for the treatment of Alzheimer s Disease The Japanese patent has a twenty year term expiring on 16 July 2023 with a possible extension of term of up to 5 years under pharmaceutical protection provisions Geoffrey Kempler Prana s Executive Chairm an said This decision by the Japanese Office to grant a claim to PBT2 completes a suite of core patent rights protecting this asset in key markets including the United States Europe Japan and Australia further bolstering our commercialization plans in both Huntington s and Alzheimer s Disease Prana Biotechnology was established to commercialize research into age related neurodegenerative disorders www pranabio com http www traderdealer com au fundamentals pbt Tags Alzheimers Disease Biotechnology Patent Granted PBT Prana Biotechnology Posted in ASX Company News No Comments Prana Saves Mice From Alzheimers Thursday March 12th 2009 Prana Biotechnology Limited PBT announced that its lead compound for the treatment of Alzheimer s Disease PBT2 in addition to previously reported benefits also prevents the loss of synapses the space between neurons that underlies the process of neurodegeneration in Alzheimer s Disease Ordinarily transgenic Alzheimer s Disease mice suffer a loss of synapses which leads to cognitive impairment because nerve cells can no longer communicate with each other The new data shows that in mouse models of AD PBT2 can reverse the effect of Abeta protein toxicity on nerve cell synapse loss Professor Colin Masters Director of the Mental Health Research Institute and Laureate Professor University of Melbourne commented this confirms that our preclinical and clinical findings of PBT2 opens the pathway for PBT2 to prevent the damage caused by Abeta in the brain of a person with Alzheimer s Disease and to improve cognitive function The effects of PBT2 in a Phase IIa clinical trial in early Alzheimer s Disease were published in the journal Lancet Neurology and were presented at the 2008 International Conference on Alzheimer s Disease http www pranabio com Tags Alzheimers PBT Prana Biotechnology Posted in ASX Company News No Comments RSS Feed Twitter Follow Us Sign up to our free weekly e newsletter Feel inspired Start trading Recent Post Markets Cap Best January Performance for Over a Decade Weekly Market Wrap The Covered Call Collar Part 3 1 of Options Trading for All Types of Market Environments Stock Market Analysis Markets Cap Best January for Over a Decade Stock Market Analysis Traders Take Profits Stock Market Analysis Markets Reach Bull Market Territory Stock Market Analysis US Markets Ease Near All Time Highs Markets

    Original URL path: http://blog.traderdealer.com.au/tag/pbt/ (2013-02-03)
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  • Prana Biotechnology | Online Stockmarket Trading Update
    Granted PBT Prana Biotechnology Posted in ASX Company News No Comments ASX Company News Prana Biotech Granted Japanese Patent Tuesday April 12th 2011 Prana Biotechnology PBT announced that it has secured a key PBT2 patent in Japan The Japanese Patent Office has granted a composition of matter patent for Prana slead clinical asset PBT2 and other selected 8 Hydroxyquinoline compounds in Japan The patent entitled 8 Hydroxyquinoline derivatives also covers pharmaceutical compositions containing PBT2 and selected 8 hydroxyquinoline compounds and the use of the compounds for the treatment of Alzheimer s Disease The Japanese patent has a twenty year term expiring on 16 July 2023 with a possible extension of term of up to 5 years under pharmaceutical protection provisions Geoffrey Kempler Prana s Executive Chairm an said This decision by the Japanese Office to grant a claim to PBT2 completes a suite of core patent rights protecting this asset in key markets including the United States Europe Japan and Australia further bolstering our commercialization plans in both Huntington s and Alzheimer s Disease Prana Biotechnology was established to commercialize research into age related neurodegenerative disorders www pranabio com http www traderdealer com au fundamentals pbt Tags Alzheimers Disease Biotechnology Patent Granted PBT Prana Biotechnology Posted in ASX Company News No Comments Prana Saves Mice From Alzheimers Thursday March 12th 2009 Prana Biotechnology Limited PBT announced that its lead compound for the treatment of Alzheimer s Disease PBT2 in addition to previously reported benefits also prevents the loss of synapses the space between neurons that underlies the process of neurodegeneration in Alzheimer s Disease Ordinarily transgenic Alzheimer s Disease mice suffer a loss of synapses which leads to cognitive impairment because nerve cells can no longer communicate with each other The new data shows that in mouse models of AD PBT2 can reverse the effect of Abeta protein toxicity on nerve cell synapse loss Professor Colin Masters Director of the Mental Health Research Institute and Laureate Professor University of Melbourne commented this confirms that our preclinical and clinical findings of PBT2 opens the pathway for PBT2 to prevent the damage caused by Abeta in the brain of a person with Alzheimer s Disease and to improve cognitive function The effects of PBT2 in a Phase IIa clinical trial in early Alzheimer s Disease were published in the journal Lancet Neurology and were presented at the 2008 International Conference on Alzheimer s Disease http www pranabio com Tags Alzheimers PBT Prana Biotechnology Posted in ASX Company News No Comments RSS Feed Twitter Follow Us Sign up to our free weekly e newsletter Feel inspired Start trading Recent Post Markets Cap Best January Performance for Over a Decade Weekly Market Wrap The Covered Call Collar Part 3 1 of Options Trading for All Types of Market Environments Stock Market Analysis Markets Cap Best January for Over a Decade Stock Market Analysis Traders Take Profits Stock Market Analysis Markets Reach Bull Market Territory Stock Market Analysis US Markets Ease Near All Time Highs

    Original URL path: http://blog.traderdealer.com.au/tag/prana-biotechnology/ (2013-02-03)
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  • 2011 November | Online Stockmarket Trading Update - Part 2
    integrates various forms of 3G two way radio and satellite communications for utility management vehicles Beam has had several orders from NEC over the last 12 months this one being the most substantial and values the ongoing relationship in supporting NEC to develop satellite based solution using Beam supplied equipment of strategic importance www worldreach com au http www traderdealer com au fundamentals wrr Tags Beam Communications Satellite phones Telecommunications World Reach WRR Posted in ASX Company News No Comments ASX Company News Viralytics Granted US Cancer Treatment Patent Monday November 28th 2011 Viralytics Ltd VLA is pleased to announce the granting of a notice of allowance by the United States Patent and Trademark Office for issuance of a patent covering a Coxsackie A virus capable of infecting cancer cells substantially in the absence of intercellular adhesion molecule 1 ICAM 1 Dr Darren Shafren Viralytics Chief Scientific Officer said CAVATAK targets and destroys cancerous cells following binding to surface expressed ICAM 1 The generation of this novel Coxsackie A virus that can infect cancer cells in the absence of ICAM 1 expands the range of cancers that Viralytics panel of oncolytic viruses can potentially target The scope of the allowed claims of US 10 592 395 covers a bio selected form of Coxsackievirus A21 which was generated following passage in cells not expressing ICAM 1 but expressing decay accelerating factor DAF Decay accelerating factor expression is up regulated on the surface of many cancerous cells including ovarian colo rectal and gastric cancers making it a target for the newly bio selected Coxsackievirus A21 The allowed claims also cover specific changes induced on the surface of the Coxsackievirus A21 during the bio selection process on DAF expressing cancer cells that are believed to confer the extended scope of cancer cell targeting www viralytics com http www traderdealer com au fundamentals vla Tags Cancer treatment Patent Granted US Patent Viralytics VLA Posted in ASX Company News No Comments Weekly Market Wrap Eurozone Debt Contagion Hits France and Germany Friday November 25th 2011 Traders around the world have been held hostage this week to the unfolding train wreck in the eurozone as the debt crisis spreads to the big gorillas of the region France and Germany The global focus has been on the eurozone once again with the Italian and Spanish costs of debt remaining at their highest levels since the inception of the eurozone Across the region banks have again been sold down and the growth sensitive resource firms have also been under pressure due to falling commodities prices European stock markets extended their losing streaks again overnight as eurozone leaders cannot come to an agreement on how to resolve the debt crisis A number of markets have been down for around nine consecutive sessions which means that a relief may be on the cards sooner rather than later and technically many stock markets are at their 61 8 retracement levels from their peaks in October which is often a good level for a potential recovery German Chancellor Angela Merkel has dashed hopes that she could be open to the idea of a joint eurozone bonds issue as a means to easing the region s financial woes saying that a common interest rate for all eurozone borrowers would send the wrong signal Germany does not want to risk its AAA credit rating and instead wants to see commitment from the PIIGS economies regarding their austerity measures The US markets have crashed through their 50 and 200 day moving averages this week succumbing to the deluge of bad news over the global debt crisis The news came as the US super committee responsible for reducing the budget deficit by at least US1 2 trillion over the next 10 years or risk triggering automatic spending cuts found itself deadlocked This triggered a selloff as traders worried about a possible credit rating cut being the fallout of the negotiations However Moody s Investors Service has since reiterated its triple A rating on the US and said the committee s failure to agree would not by itself lead to a rating change The minutes from the Fed s FOMC policy meeting boosted also some hopes that the central bank may embark on more stimulus measures Following that sell off however the losses continued after the government revised third quarter growth to 2 from an initial estimate of 2 5 Another focus in the US this week has been on Black Friday which sounds ominous but it is really a good thing it announces the start of the Christmas shopping season According to Bloomberg 25 of Christmas shopping is done in the week following Black Friday and the Christmas shopping season accounts for over 40 of the total retail shopping sales for the year so it is a critical time for retailers and for Santa Claus The US dollar continued its surge this week in a flight to safety and this has again been weighing on commodities prices The major metals continued to fall with gold breaking through the US1 700 level and is now trading down at US1 690 Crude oil has continued to fall below the US100 per barrel and copper has pulled back to US3 27 per pound Asian markets have been bearing the brunt of the selling driven by the eurozone debt crisis because the eurozone is the major customer for products produced by the Asian economies Another negative for Asian investor sentiment was the concern of the slowing growth in China after a HSBC report out early this week showed Chinese manufacturers have reported the preliminary flash PMI figure dropped to 48 in November compared with a mildly expansionary 51 previously A reading below 50 suggests a contraction in the sector Asian markets have again sold down heavily in the past week with Hong Kong down 3 5 Korea down 2 5 and China has eased 1 5 for the week Technically these stock markets are at their 61 8 retracement levels from their peaks which is often a good level for a potential recovery but traders are still being held hostage by the eurozone crisis Our View for the Australian Market Our market has again succumbed to the negative sentiment from overseas and continues to trade below its 50 day moving average which is a negative sign The line in the sand which we highlighted last week around the 4150 level which had offered support for the past couple of months has now been breached and the market will need to overcome this level in the short term if we are to get a Santa Claus rally this year The 4080 level is crucial in the short term We have continued to see weakness in the banks and the retail and resource stocks have also succumbed to selling pressure In the Analyst s Eye last week we had a timely talk about identifying stocks that have the potential to pullback in the near term After another struggle between the bulls and the bears this week the bears remain in control as we have broken below the 50 day moving average The 200 day moving average which sits around 4 410 still offers significant resistance for any positive momentum into the end of the year and we are sitting around the 61 8 retracement level which is often where we see a relief rally Investors should be looking to utilise options strategies to pick up stocks that are exhibiting value Many stocks are now back at their September levels and you will therefore clearly know if you are trading in the wrong direction Options can be used to protect your profits and manage your risk in this type of market Remain attuned to the news from overseas particularly from China Germany and the US regarding their economic growth and debt issues Monitor the performance of the US dollar for a guide to the future direction of commodities and equities prices The S P ASX 200 is down 4 2 for the week and is currently trading at 4005 and looks to be setting up to test support again around the 3950 level near term Key levels for the index next week will be 3950 and 4150 with 4080 being the key pivot level Expect to see volatility to remain elevated as the market participants look for direction in these uncertain times By Michael Hevern MDS Trading Desk MDS Financial Advisory Services offers general advice on trading options to generate consistent steady income on your investment portfolio Call 1300 610 024 for further information For Buy and Sell recommendations on ASX listed companies register for a free trial of MDS Financial Research Tags ASX asx 200 Commodities European Debt Stock Market Analysis US markets Posted in Stock Market Analysis No Comments Greece Matters Greek Debt and its Impact on the Australian Economy Friday November 25th 2011 Why does Greece matter to traders in Australia Excess in Greece and the resultant debt crisis may seem a long way from the sunny shores of Australia but it is likely to have far reaching effects for traders investors and even those that are not interested in the markets at all In Greece the people have generally enjoyed a fantastic lifestyle since their entry into the European Union funded by borrowing money very cheaply in Euros These words from Diane Francis sum up Greece nicely Greece is not a country it s a party Taxes have gone uncollected forever or have been short stopped by corrupt tax collectors For decades Greek governments have paid civil servants bonuses for showing up to work on time and 14 months pay for Christmas Retirement has averaged at 53 years of age But Greece s hangover has hit and it is a doozie Debt has reached unsustainable levels and as a result interest rates have risen sharply making it even more difficult for Greece to service their debt When no one wants to lend to Greece it costs them more to get funds and these costs have risen significantly At present the Greek bond yield is above 300 that means the Greeks are paying 300 interest to borrow and by the time you read this it could be even higher It has been estimated that 90 of Greece s debt has to be written off for Greece to reach a sustainable level The recent haircut of 50 for private holders of Greek debt amounted to a 20 30 write off If the problem was contained to Greece then the country would default on its loans and life would carry on for the rest of Europe Unfortunately it s not that simple because most countries in Europe face a similar scenario to Greece Portugal Italy Ireland and Spain collectively with Greece known as the PIIGs also face a similar situation But the effects are not limited to just these countries either and this is where the problem really is At present Italy s bond yields have risen above 7 Belgium s are over 5 and France s are rising towards 4 Even Germany normally seen as rock solid experienced a weak auction this week and their bond yields began to rise from below 2 Bailouts for the PIIGS occurred when they hit 7 but the problem is beginning to spread and there is simply not enough money to bail out Italy the world s seventh largest economy Is France next the world s fifth largest economy Where is all the money going to come from Debt problems are not unique to Europe even though the UK has similar problems Japan is the world leader in sustaining unsustainable debt And welcome to I O U SA where the government cannot reach agreement on 1 3 trillion of deficit reduction that is essential to prevent them following the path Greece and the other PIIGS have followed And who is there to backstop the US What does this mean for us here in Australia following the Australian markets Well there are some obvious implications that you may be able to see If Europe Britain and the US stop buying goods manufactured by China then that is likely to hit the resources sector hard There has already been a slowdown in manufacturing in China seen in data released in the last few days The Materials sector has been one of the weakest sectors in recent time The other sector that has been very weak is the banking sector with all banks interconnected on the global stage Fortunately Australian banks are well removed from exposure to the European crisis but European and US banks are not so fortunate Many of the European banks hold European government debt directly and in the event of a default they will lose large sums of money In fact so much so that the governments will be forced to bail out the banks or let them fail completely While US banks do not have a large direct exposure to European government debt many have sold insurance against default to the European banks known as credit default swaps CDS In the event of a government default both European and US banks are very vulnerable to collapse The bad news is that default is inevitable if you study the history of debt Reinhart and Rogoff have compiled a massive amount of research on debt cycles throughout history published in their book This Time is Different and their findings are interesting A crisis in the private sector which we experienced in 2008 is always followed by a crisis in the government sector as governments increase spending to bail out failing institutions and attempt to stimulate the economy At the same time unemployment jumps and company sales slow this results in higher costs and lower revenue from taxes As a result government debt levels rise sharply There are then only two solutions to the government s unsustainable debt levels inflation or default that s it According to history there is no other way out Inflation means the government starts printing money to repay their debts and if they print enough then their debts can be repaid however this leads to a fall in the value of their currency and rising commodity prices Some see gold as the ultimate protection against inflation as the government cannot make more of it The rising gold price is a sign of this behaviour which was euphemistically called Quantitative Easing in the US and it has also been occurring in the UK If inflation gets out of hand then hyperinflation can hit with prices rising at ridiculous rates Zimbabwe was the most recent case of this where 3 eggs cost 100 billion and the price of your meal went up while you ate Germany has experienced hyperinflation in the past and is very wary of taking this path for the European Union The other option is outright default which Iceland has been brave enough to do The government simply says we are not paying back the debt Iceland has prospered since as its massive debt burden was eliminated The big problem facing European leaders is that if Greece defaults it will severely impact other European countries who are holding the debt in its banks MF Global collapsed after Greece defaulted on 50 of its private debt and fortunately there was no flow on effect from this though many clients are caught up in the turmoil The true danger is that one default could trigger a series of defaults and we could end up with a collapse in the global banking system There are only two ways out of this inflation or default Two choices and neither of them are good Politicians will choose the approach they wish to take but only when forced to Rising bond yields are a sign that they may be forced into this sooner rather than later By Jeff Cartridge Education Manager Tags Australian economy European Debt Greek Debt inflation piigs economies us debt Posted in Stock Market Analysis No Comments Stock Market Analysis Black Friday Friday November 25th 2011 Overnight the US stock markets were closed for Thanksgiving and will only open for a half day on Friday European stock markets extended their losing streak for a ninth session as eurozone leaders cannot establish an agreement on how to resolve the European debt crisis Asian stock markets lacked direction with the US basically on holiday until next week Commodities prices traded lower as Gold prices were lower at US1 690 and crude oil closed around US95 The SPI Futures is trading around the key pivot level of 4250 ending up 0 1 or 4 points at 4 052 The key levels for our index today are 4000 to 4120 Yesterday the selling in the Australian share market abated as the index attempted to find some support around current levels It looks like bargain hunters again tentatively stepped in to shares that are starting to trade at the levels last seen in September when the market bounced The Australian dollar has fallen to its lowest level in seven weeks and the news from Europe and the US remains pretty bleak with concerns over global growth and the worsening eurozone debt crisis News out of China has been fairly grim as well with the disappointing PMI data followed by comments from Jim Chanos of the US6 billion hedge fund Kynikos Associates Ltd who said Chinese banks are extremely fragile because the lenders do not have enough capital to offset their bad loans and that these non performing loans have accumulated from as far back as the late 1990s and early 2000s He went on to say that Chinese banks have failed to recognise the losses on the bad loans that have carried over from the easy credit days back in 2008 Shares in the All Ordinaries XAO generally eased again yesterday closing down 0 3 at 4115 as the S P ASX 200 XJO closed down 0 2

    Original URL path: http://blog.traderdealer.com.au/2011/11/page/2/ (2013-02-03)
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  • Stock Market Analysis: Markets Set For Continued Gains | Online Stockmarket Trading Update
    October The Stoxx Europe 600 Bank index jumped 9 1 for the week while a gauge of the basic resource stocks jumped 11 Across the region gains were across the broad based and the banking sector was the standout performer as the new measures will force banks to raise their core tier 1 capital ratio In last week s risk on rally investors cheered the details of the deal by eurozone leaders to stabilize the region s debt crisis The EU leaders have announced that the euro zone will provide Greece with another EUR100 billion in aid while holders of Greek debt will be required to write off 50 of their holdings EU leaders also agreed to expand the firepower of the European Financial Stability Facility EFSF to EUR1 trillion In London the FTSE 100 index closed down 0 2 or 12 points 5 702 the German DAX was up 0 1 or 8 points at 6 346 while in France the CAC was down 0 6 or 20 points at 3 349 For the week in London the FTSE 100 index rose 3 9 led by the banks and the miners while on the continent the Germany s DAX surged 6 3 as the French CAC 40 rose even further up 5 6 with the bulk of the gains occurring on Thursday Asian Markets Asian stock markets rose Friday extending on from their surge from the previous session after European leaders had announced their latest plans to contain the eurozone sovereign debt crisis Across the region the buying was broad based due to proposed measures announced at European summit particularly growth sensitive energy and materials sectors and the banks recovered strongly too In Japan the Nikkei Stock Average rose 1 4 In Hong Kong the Hang Seng Index and in China the Shanghai Composite Indicies climbed another 1 6 For the week Asian equities put in a strong performance with the Hang Seng Index adding11 and in China the Shanghai Composite jumped 6 7 the Japanese Nikkei Average rose 4 3 the Kospi climbed 5 0 while in Australia the ASX 200 advancing 5 1 In China the SSE Composite was closed up 1 6 or 38 points at 2 473 while in Hong Kong the Hang Seng Index was up 1 7 or 330 points at 20 019 and in Japan the Nikkei 225 Index was up 1 4 or 124 points at 9 050 South Korean KOSPI was up 0 4 for the session while the Indian market was up 0 3 Commodities The Dollar Index was lower at 75 05 on a higher Euro while the Australian Dollar last traded higher at 1 0704 Commodities prices eased For the session the Benchmark crude NYMEX for December delivery was down 0 4 or US0 41 settle at US93 55 Copper prices are seeking a support level as Copper for December delivery was up 0 4 or 1 4 cents at US3 7120 December gold was down 0

    Original URL path: http://blog.traderdealer.com.au/2011/10/31/stock-market-analysis-markets-set-for-continued-gains/ (2013-02-03)
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