InvestorsHub Logo
icon url

Basque Trader

02/05/16 9:31 AM

#47198 RE: Zeroze2002 #47197

Huge buy in Frankfurt market (B8W).

190k shares traded. Highest volume in the last 12 months

https://www.google.com/finance?q=FRA%3AB8W&hl=en&ei=pLG0VtmbCcG_U-ijnogE

Any news?

icon url

OhManIDied

02/05/16 10:18 AM

#47216 RE: Zeroze2002 #47197

See, you get it.. what does the market not understand?


Totally. It's not like the jobs report is predictive anyway, it is a lagging indicator. All of the forward indicators say that fed will not hike as fast as they said which will keep supporting gold.



http://www.zerohedge.com/news/2016-02-05/post-payrolls-reaction-sell-everything-buy-dollars
The most obvious reaction to the "great" drop in the unemployment rate and "huge miss" in payrolls is a rise (yes rise) in rate-hike odds for 2016. This appears to be why the Dollar is spiking and bonds, stocks, crude, gold and everything else is being sold...


BAA