The "up-to-the-minute Market Data" thread

reply to post by pause4thought


Yep guess Austria lent them a ton of money and still?

Going down hard!!!

Austria's finance minister Josef Pröll made frantic efforts last week to put together a €150bn rescue for the ex-Soviet bloc. Well he might. His banks have lent €230bn to the region, equal to 70pc of Austria's GDP.

"A failure rate of 10pc would lead to the collapse of the Austrian financial sector," reported Der Standard in Vienna. Unfortunately, that is about to happen.

The European Bank for Reconstruction and Development (EBRD) says bad debts will top 10pc and may reach 20pc. The Vienna press said Bank Austria and its Italian owner Unicredit face a "monetary Stalingrad" in the East.
www.telegraph.co.uk...

This is the Trigger...really bad outlook...

Russia 566.24 -43.07 -7.07% 16:00
Austria 1526.03 -93.59 -5.78% 13:46
Czech 650.60 -48.40 -6.92% 13:41

[edit on 2/17/2009 by Hx3_1963]

Here's the latest:

Russia -7.1%

Czech Republic -6.87% (slight improvement)

Poland -3.97%

Austria -5.75% (still going down)

Greece -3.63% (steadying)

Sweden -2.74% (improved)

Finland -2.02% (improved)

Luxembourg -3.63%

Netherlands -2.95%

Italy -2.25%

London -2.06% (improved)

reply to post by pause4thought


Steinbrueck Says Euro States May Bail Out Members (Update1)
www.bloomberg.com...

Is this their plan over there?
Scarey...

reply to post by Hx3_1963


Very informative article.

...Michels said the EU can help governments that are finding it hard to sell their bonds without violating the bloc’s “no bail-out” clause. Any insolvency of a euro region country would be “fraught with significant costs” for the EU as a whole.

Quite an understatement, don't you think?


[edit to add:]

Must go now. I'd appreciate if someone else could take the reigns.

Not least after Wall Street opens...




[edit on 17/2/09 by pause4thought]

reply to post by pause4thought


No problemo...I'll try to keep some updates posted...I'll tie this to my...

2009 Depression Validated
www.abovetopsecret.com...


BUCHAREST BET INDEX 1,902.84 -165.38 -8.00% 08:22
MICEX INDEX 666.43 -45.56 -6.40% 08:05
CROATIA ZAGREB CROBEX 1,496.61 -62.49 -4.01% 08:21
PRAGUE STOCK EXCH INDEX 652.20 -46.80 -6.70% 08:17
AUSTRIAN TRADED ATX INDX 1,536.74 -82.88 -5.12% 08:22

Japan plunges into depression
www.theage.com.au...

AUSTRALIA'S biggest and most reliable customer, Japan, has plunged into depression, with federal Treasurer Wayne Swan now warning of the worst global downturn "in our lifetimes".

- Japan among worst hit
- Businesses forecast losses
- Australian export fears

Japan's economy shrank an annualised 12.7 per cent over the December quarter, its worst result since the 1974 oil shock.

Japan is by far Australia's biggest export customer, accounting for one in every five container ships that leave Australia's shores.

The new figures put it among the worst-hit casualties of the global crisis.

The annualised contraction of 12.7 per cent, or 3.3 per cent in quarterly terms, dwarfs those of the United States and Europe and is much worse than anything that happened to Japan during its so-called "lost decade" of recession in the 1990s.

The collapse in growth fits the profile of a depression — a deep recession in which annual GDP falls by 10 per cent or more.

Gold about $969 @ 9:00am EST
Oil down to $35.70

[edit on 2/17/2009 by Hx3_1963]

I'm hearing rumors now that the Russian Exchange just shut its doors for the day...

I'll post some sources if I can confirm this rumor...

Russian Stock Markets Close for One Hour After Shares Tumble
www.bloomberg.com...

This can't be good either...sounds like old times eh?


Banks down 8-10% on DJIA open!!!

Gold $970 @ 9:35am EST

DJIA down over 210 @ 9:45am EST

PRAGUE STOCK EXCH INDEX 649.50 -49.50 -7.08% 09:17

DJIA down over 258 @ 9:50am EST

Russia 556.19 -53.12 -8.72% 17:45
Czech 648.80 -50.20 -7.18% 15:26
BUCHAREST BET INDEX 1,890.54 -177.68 -8.59% 09:30

Russia Closes Markets.... ~10:00am EST
market-ticker.denninger.net...

Czech 641.20 -57.80 -8.27% 15:51

RUSSIAN TRADED INDEX 868.85 -121.64 -12.28% 10:23

[edit on 2/17/2009 by Hx3_1963]

Thanks Hx for pitching in while I was away. I'm pretty busy, so others willing to post would also be greatly appreciated.

Here we go again:

Russia -9.4% (closed to give riot police time to gear up)

Czech Republic -6.79% (nice music, shame about the financials)

Poland -6.65% (we want more EU handouts)

Austria -8.62% (umpah, oompah)

Greece -5.19% (no more kebabs on the town)

Sweden -4.96% (no more Smörgåsbord on the town )

Finland -3.85% (first time they've ever been in the news)

Luxembourg -3.56% (steady as she goes)

Netherlands -3.63% (man the dykes)

Italy -3.37% (Berlusconi with spaghetti on his tux)

London -2.43% (fairly quiet as the fog descends)

Also:

Frankfurt -3.44% (holes in the lederhosen)

and even

Spain -3.0% (siesta interspersed with visions of the Grim Reaper)

Oh all right.

DJ down 3.33%

Hardly seems newsworthy these days.

reply to post by pause4thought


I heard that...3%...phpttt...now call me if we get a cooloff/shutdown...asian markets will open in awhile...this should be good being as NZ/AUS $ took a big 2% drop...

[edit on 2/17/2009 by Hx3_1963]

Dow closed at 297.

It was a good day.

Well a good day in terms that it didn't totally collapse!

(hands out cigars)

reply to post by David9176


AAHHH a good Havana...(Exhales)...now to get settled in for more fireworks when asia markets open in a few...

reply to post by Hx3_1963


LOL yah, its those diff markets in diff time zones that keeps us financial spectators hooked on coffee LOL.

Wonder what the Asian exchanges will do today... (wonder if Eastern Europe will survive through tomorrow!)

sigh...

reply to post by Hx3_1963


Oh no. I don't EVEN want to know.

I don't know about you, but this economic collapse business is wearing me out!

I'm gonna go ahead and say that we won't see 8,000 for a long time.... a very long time.

We are now stuck in 7,000 range and lets hope that we don't see 6,999 anytime soon.

reply to post by nj2day


As stated earlier...I'm doing my part for Juan Valdez & Sons...I'm not sleeping much either...keeping one Eye on the market while the other rests...

they should be going down another ~2% if my guess count's...
man I really need to get a life...this is driving me crazy!!!


[edit on 2/17/2009 by Hx3_1963]

reply to post by David9176


see above......
2nd
3rd

This is where I keep an Eye...
multimedia-mirage.redirectme.net...
my hobby site...you can try it might get 403 sometimes if it's busy though

Another good site ya all probley know of...
www.indexq.org...

great...russia ganked us...$25B oil for debt swap with china....
www.bloomberg.com...

Eastern Europe is about to Blow
informationclearinghouse.info...

[edit on 2/17/2009 by Hx3_1963]

Originally posted by pause4thought
Oh all right.

DJ down 3.33%

Hardly seems newsworthy these days.

put the mini-crash in perspective....

that perspective is that this very day, President Obama
signed the Stimulus Package into law....

hmmm... Pelosi stimulus pkg + market sinks 297 DOW points

just wait for the actual bank bailout of $1.3 trillion
we'll probably see the market retreat another 500 DOW points,
if that has any meaningful, long term consequences

All I care about at the moment is the AUD-USD exchange rate. I'm flying to Hawaii from Australia for my wedding in three weeks.

Someone give me some good news. Please tell me the Aussie dollar won't tank by then. Just as long as it stays above .60 I'll be happy.

Gold shot up to 970 an ounce up from 940. JUST LAST NIGHT. That is a HUGE increase. This means someone moved a hell of alot of money. And the dow being down 300 points...This is scary stuff.