Thursday, February 2, 2012

90 seconds at 9 am:Factory output boost (news with Bernard Hickey)

NZ$ at 83.5 USc
5 month high
Record high 63.3 euro cents
A$ at US$1.07
Rise in risk appetites
US stocks up 1%
Eurostoxx up 2%
Strong factory data
US manufacturing
European orders
Indian orders
Chinese expansion
Facebook excitement
Morgan Stanley shares
Up 6.7% on hopes
US$100 bln value
Greek fears remain
Crisis political talks
New austerity plans
Before April elections
ECB to print 1 trln euros
Obama home refinancing
US$5-10 bln
Bank tax to pay
Dairy auction overnight
GDT TWi down 0.9%
3rd fall in 4 sales
23% below March 11 peak
But remarkably stable
2% down from July
Output up 15-20%
Payout near NZ$7


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