\n\tBy Rudi Filapek-Vandyck, Editor FNArena<\/p>\n
\n\tI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently. Twitter allows me to follow news and commentary sources such as Dow Jones' Marketwatch, Bloomberg News and the Wall Street Journal. It assists me in keeping up with what is happening across the globe, while I am observing and analysing financial markets myself.<\/p>\n
\n\tWhile I am on Twitter, reading a quote here and a news flash there, I offer my own succinct insights and commentary. Those amongst you who have already discovered the virtues of a Twitter account can add my Tweets to their daily news via @filapek.<\/p>\n
\n\tFor those who have no intention to join Twitter, but would like to stay up to date, below are my Tweets from the week past:<\/p>\n
\n\t– Says NAB: watch iron ore prices to gauge direction for AUD. So far, iron ore prices are down 15% since early September, momentum seems weak<\/p>\n
\n\t– Widening gap between ECRI leading index (pretty accurate history) and present data flow from US, one of two is wrong http:\/\/bit.ly\/qwvZXb<\/p>\n
\n\t– China PBOC Cuts 3-yr Bill Yield for 1st Time in 15 Months. It's Starting<\/p>\n
\n\t– Oz stockbrokers: downgrades for IRE, CPU, OZL and SUL (again), upgrade for Mincor (MCR), thumbs up for BHP Q3 prod report,thumbs down fr OZL<\/p>\n
\n\t– Ironic "Scariest Chart Ever" Redux – America Will Surpass 100% Debt To GDP On Halloween http:\/\/bit.ly\/rmN56k<\/p>\n
\n\t– US investors getting excited about 7% sustainable dividends – http:\/\/bit.ly\/qsiVeo – Investors in Oz have plenty of choice,plus franking too<\/p>\n
\n\t– Oz stockbrokers: downgrades for SUL, CRZ, upgrade for CDD, initiations of coverage for AGO (Buy) and VMS (Overweight), COH scepticism rules<\/p>\n
\n\t– Good note from CLSA tech analyst that bear mkt rallies always halt at the 200 day moving avg. That's about 4570 for the xjo<\/p>\n
\n\t– Oz stockbrokers: downgrades for Super Retail, Ten Network and Treasury Wine Estates, upgrade for Toll Holdings (to Neutral), all pos on FMG<\/p>\n
\n\t– Says NAB: AUD\/USD’s overnight range 1.0164-1.0372 with an indicative range expected today of 1.01-1.025, presently at 1.0151<\/p>\n
\n\t– Says NAB: One tangible China indicator to watch is daily import price for iron ore; down 2.4% yesterday, down 15.3% since recent high in Sep<\/p>\n
\n\t– Oz stockbrokers: BA-ML thinks it's too early to buy BSL, while Macquarie is seen as too cheap, UBS initiates Jetset Travel with Neutral<\/p>\n
\n\t– UBS: fear vs fundamentals means less fear will result in normalisation of valuations. UBS prefers resources and mining services providers<\/p>\n
\n\tYou can add my regular Tweets on Twitter via @filapek<\/p>\n
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