$RARE

pro activity is rare . . .

https://cointelegraph.com/news/china-central-television-airs-crypto-segment-in-rare-move

rare you see 100 pts down on es without a bounce

Recordati (REC.MI). Le vendite di farmaci in Russia e Turchia hanno registrato un forte balzo nel primo trimestre, a causa dell'influenza stagionale eccezionalmente su livelli elevati e al conseguente ripristino delle scorte. Lo ha detto l'AD Rob Koremans, in un'intervista a Reuters, aggiungendo che il gruppo punta sempre a crescere attraverso M&A o partnership nei segmenti malattie rare e "Specialty and Primary Care”.

we get a swift drop to 4180 and a big bounce may end the day though the rare chance

Low probability options can pay off big when they hit, but the probabilities tend to have the losers overshadow those rare winners. Everyone has their own trading styles, if it works for them and they are profitable, it is the right style for them.

pour mon AT je pars en daily ensuite 3 ou 4h et je finis sur du 1h et seulement pour être plus précis en 45min mais c'est rare

EURCAD 4H.... I GUESS THIS HAS A CLEAR CHANNEL HERE 1.4625 PIVOT VS 1.4675 FIBO LEVEL... BREAK EITHER SIDE WILL GIVE YOU A FOLLOW THROUGH.... personally i dont have a big view on this cross as it is too close to EURUSD very often only on a few rare occasion is it driven by the CAD...

Greets , Below is the balance grapsh and some data iMAX provided before the account was closed . Unfortunately , the work office had to be closed due to unforeseen events outside of trading happening against the business . I am not rich yet , and this strategy was hacked on one of my computers in 2008 , when different unforeseen where taking place , so , you bet there is a pet out there trying to make things look difficult for me . Anyways , iMAX traded for 22 days , from Nov-Dec 2022 , and passed a public publishing line of 300% return in 1 month of operation . The strat operates with a minimum of 3 strikes , that is , the amount invested is divided by 3 , and we run from a 1/3 stake . Taking only the 1/3 stake into consideration , as there were no strikes and strikes are very rare , iMAX true return in 1 month was 900% . After 4 months of trading the original trading balance , becomes negligible , and a false more realistic number would have to be provided to the public to allow things to sound more within competitive grounds . Good news , iMAX should be rolling again some time this month , asta la vista . . .

Greets , Below is the balance grapsh and some data iMAX provided before the account was closed . Unfortunately , the work office had to be closed due to unforeseen events outside of trading happening against the business . I am not rich yet , and this strategy was hacked on one of my computers in 2008 , when different unforeseen where taking place , so , you bet there is a pet out there trying to make things look difficult for me . Anyways , iMAX traded for 22 days , from Nov-Dec 2022 , and passed a public publishing line of 300% return in 1 month of operation . The strat operates with a minimum of 3 strikes , that is , the amount invested is divided by 3 , and we run from a 1/3 stake . Taking only the 1/3 stake into consideration , as there were no strikes and strikes are very rare , iMAX true return in 1 month was 900% . After 4 months of trading the original trading balance , becomes negligible , and a false more realistic number would have to be provided to the public to allow things to sound more within competitive grounds . Good news , iMAX should be rolling again some time this month , asta la vista . . .

oui, carrément, d'ailleurs, c'est rare que j'arrive à tout suivre en anglais

gbpusd currently 1.265 , but your call was as good as mine , so it happens that all the CCI time frames are pointing up , and that is a rare occasion , from my point of measurement

rule number one of the financial industry , use the liquid and make some spies , spies come in many forms , some times is just a trader near you drinking coffee , some times is a company acquiring you and your life , just to pass their signals to some rats in a suppose called high level company , this means nothing if you make millions , but it does mean something if you are just making a few thousands , of course this is a rare scenario , and is fully covered , none the least cant think of thieves , we just have to take care of our incentives , the spoon , lol

rule number one of the financial industry , use the liquid and make some spies , spies come in many forms , some times is just a trader near you drinking coffee , some times is a company acquiring you and your life , just to pass their signals to some rats in a suppose called high level company , this means nothing if you make millions , but it does mean something if you are just making a few thousands , of course this is a rare scenario , and is fully covered , none the least cant think of thieves , we just have to take care of our incentives , the spoon , lol

AT c'est bien mais combien se casse la geul qu'avec de AT rare sont ceux qui y arrive

rare they don't hit this power line for a accelerated move reversal

@kenneth.ajakaiye whats up brother , nice to have you with us , professionals are rare here , i will be dishing it dirty for some time

petite question, une raison entre la baisse de production de l'opep en rapport avec l'augmentation du CAD? genre si y'a moins de production, ça rend le produit plus rare? car y'a plus d'offre par rapport à la demande? dcp de ce principe quand le pétrole ▲, le CAD ▲ car il est correler ?

Some of you guys question why I trade using UST-Infinity Wars , the reason is simple , plenty of time to rest with a state of the art securement system . This sort of line is very rare in the industry . With Infinity Wars is nearly absolutely rare to loose an entry , entry meaning a batch of purchases . The reason for this , we make profits if the market selects to move against us , but this is not the excuse . The real excuse is that the Forex market does not travel 1,000 points overnight , some times not over a few days , depending on conditions , seldom three days to a week . Since the market is a bit predictable is not necessary to tend to the computer screen more then once a day , also , is not at all necessary to bother proper rest/sleep , I do a lot of physical exercise , so I need my sleep :) . But this is not all , know thou business , says my beloved cousin Shakespeare . Nothing can disturb our financial day , not unless if its' the one and only iMAX system . iMAX only runs from 7am until around 3pm , rarely I obey starting it at 7am , that is like early tea , some times we run it from 8/9/10 am to 1 pm , some times less time frame . This system closes the operating day right around noon over 80% of the times . The design is stating , if you have been in the business for over 5 years and you are still receiving sleepless nights , this means that the real solution has not been found , and that you may need in need of a manager/agent/source/or new strategy , as having time for other things and receiving proper rest should be the number one priority . So what is all the blabbering about , simple , remove your straps and put your gear on , infinity wars is hear .

By Carolina Mandl and Sittrarasu S NEW YORK/BANGALORE (Reuters) -Warren Buffett's Berkshire Hathaway (NYSE:BRKa) Inc slashed its stake in Taiwanese contract chipmaker TSMC as well as in some banks in the fourth quarter, while bolstering its holdings in Apple Inc. Berkshire cut its position in Taiwan Semiconductor Manufacturing Co Ltd (TSMC) by 86.2% to 8.29 million sponsored American depositary shares, according to a regulatory filing. This comes roughly three months after Berkshire unveiled it bought more than $4.1 billion worth of TSMC stock, which sent shares of the world's largest contract chipmaker soaring. TSMC depository receipts fell 4% in U.S. after hours trade on Tuesday. In Taiwan, TSMC shares opened down 3.3% as Asian markets started Wednesday trading. Depositary shares in TSMC, which did not immediately respond to a request for comment, have surged almost 32% this year, closing at $97.96 on Tuesday. "Berkshire made a small profit on TSMC. It was not a huge, huge win for Berkshire," said Cathy Seifert, a CFRA Research analyst. According to her calculations, Berkshire bought it for roughly $68.5 and sold for $74.5. It is rare but not unprecedented for Berkshire to quickly undo a multi-billion dollar investment in a company's stock. In the first quarter of 2022, Berkshire sold nearly all of what had been an $8.3 billion stake in Verizon Communications Inc (NYSE:VZ) that it amassed in late 2020. TSMC last month said revenue in the first quarter is likely to dip 5% as it weathers a global downturn in the chip industry because of softening consumer demand for electronics. TSMC executives have said they do not expect market conditions to improve until the second half of the year. Besides TSMC, Buffett also divested 91.4% of its shares in US Bancorp (NYSE:USB), to 6.7 million shares, and shrunk its stake in BNY Mellon (NYSE:BK) by roughly 60%, to 25.1 million shares. Both cuts totaled nearly $5.5 billion at current prices. Buffett's conglomerate also holds shares in Citigroup Inc (NYSE:C), Bank of America (NYSE:BAC) and Jefferies. Berkshire trimmed some positions across its portfolio of U.S. listed companies, including Chevron (NYSE:CVX), Activision Blizzard (NASDAQ:ATVI), maker of the "Call of Duty" video game, and Kroger (NYSE:KR). Microsoft Corp (NASDAQ:MSFT) is making efforts to conclude the acquisition of Activision Blizzard. On Feb. 21, Microsoft will defend the deal in front of European Union and national antitrust officials at a closed hearing. Among Berkshire's few additions are Apple, which Buffett views more as a consumer products company. Berkshire bought another 20.8 million Apple shares (NASDAQ:AAPL) worth $3.2 billion, raising its stake to 5.8%, according to the filing. Shares in Apple have surged nearly 18% this year. Berkshire also disclosed a new stake of $84 million in building materials company Louisiana-Pacific (NYSE:LPX) Corp.

that's a rare one

Pay the calls opex, rare day

By Yimou Lee and Sarah Wu TAIPEI (Reuters) - Taiwanese chipmaker TSMC reported a forecast-beating 78% rise in quarterly profit on Thursday, as strong sales of advanced chips helped it defy a broader industry downturn that battered cheaper commodity chips. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker, is a rare bright spot in the global tech industry which is grappling with worsening consumer demand brought about by decades-high inflation rates, rising interest rates and economic downturn. Rival Samsung Electronics (OTC:SSNLF) Co Ltd's quarterly profit tumbled two-thirds to an eight-year low, with the South Korean firm blaming a weakening global economy which hammered memory chip prices and curbed demand for electronic devices. TSMC's dominance in making some of the most advanced chips for high-end customers such as Apple Inc (NASDAQ:AAPL) has shielded it from downturn. Still, it cut its 2023 capital expenditure plan on Thursday, underscoring worsening demand outlook. The chipmaker now expects to spend $32 billion to $36 billion, versus $36.3 billion in 2022, and sees first-quarter revenue in a range of $16.7 billion to $17.5 billion, compared with $17.57 billion a year earlier. "We have confidence in the second half the business would rebound," boosted by product launches including for technology such as artificial intelligence, CEO C.C. Wei said on Thursday. "We expect the whole industry to drop slightly but TSMC to grow slightly" in 2023, he said. TSMC, Asia's most-valuable listed firm and backed by billionaire Warren Buffett's investment conglomerate Berkshire Hathaway (NYSE:BRKa) Inc, has repeatedly said business would continue to benefit from a "mega-trend" of demand for high-performance computing chips for 5G networks and data centres, as well as increased use of chips in gadgets and vehicles. It reiterated on Thursday slower demand was a cyclical issue and 2023 overall would be a slight growth year for the company. For October-December, TSMC booked record net profit of T$295.9 billion ($9.72 billion) from T$166.2 billion a year earlier. That compared with the T$289.44 billion average of 21 analyst estimates compiled by Refinitiv. Revenue climbed 26.7% to $19.93 billion, versus TSMC's prior estimated range of $19.9 billion to $20.7 billion. The fourth quarter "was dampened by end-market demand softness and customers' inventory adjustment," Vice President and Chief Financial Officer Wendell Huang told a briefing. Such conditions will carry into the first quarter, Huang said. TSMC's share price fell 27.1% in 2022, but is up 8.5% so far this year giving the firm a market value of $412.78 billion. The stock rose 0.4% on Thursday versus a 0.1% fall for the benchmark index. ($1 = 30.4420 Taiwan dollars)

lunch bottoms are a rare thing .... 80% of time lunchtime bottom is superceded in after lunch session.... mind you that leaves 20% that are not

Small Caps with some rare relative strength

Articolo di 12 anni fa previsione fino al 2030 ... Sono 14 le materie prime minerali di importanza "strategica" per l'Unione Europea. Dalle previsioni emerge che entro il 2030 la domanda di una serie di queste materie prime potrebbe più che triplicare rispetto a quella del 2006. Uno dei maggiori problemi per la fornitura di queste materie è legato al fatto che una quota elevata della produzione mondiale proviene da un numero ristretto di paesi: Cina (antimonio, spatofluoro, gallio, germanio, grafite, indio, magnesio, terre rare, tungsteno), Russia (PGM), Repubblica democratica del Congo (cobalto, tantalio) e Brasile (niobio e tantalio). A questa concentrazione della produzione si aggiungono in molti casi altri fattori aggravanti come ad esempio il basso grado di sostituibilità e i tassi ridotti di riciclaggio. http://www.vivieuropa.it/notizie/417/materie-prime-le-raccomandazioni-di-un-gruppo-di-esperti.html

By Julie Zhu HONG KONG (Reuters) - China will allow some people who test positive for COVID-19 to quarantine at home, among supplementary measures to be announced in coming days, two sources with knowledge of the matter told Reuters. Home isolation for the infected would be a significant change in China's quarantine protocols. Earlier this year, entire communities were locked down, sometimes for weeks, after even just one positive case was found. Last month, new and easier quarantine rules required just the lockdown of affected buildings. Not all positive cases will be allowed to quarantine at home unconditionally, one of the sources told Reuters on Thursday, adding that pregnant women, the elderly and people with underlying illnesses will qualify to isolate at home. Close contacts of the cases will also be allowed to isolate at home if their home environment meets certain conditions, the sources said. Authorities will also step up antigen tests for the new coronavirus and reduce the frequency of mass testing and regular nucleic acid tests, the two sources said. The National Health Commission did not immediately respond to a Reuters fax seeking comment. Rare public protests against China's ultra-stringent coronavirus restrictions, which includes throwing positive cases into centralised quarantine facilities for days, have erupted in some Chinese cities such as Shanghai, Guangzhou and Beijing since the weekend. The demonstrations have become a show of public defiance unprecedented since President Xi Jinping came to power in 2012. Vice Premier Sun Chunlan, who oversees China's counter COVID efforts, on Wednesday urged further "optimisation" of testing, treatment and quarantine policies. National health officials said this week authorities would respond to "urgent concerns" raised by the public and that COVID rules should be implemented more flexibly, according to a region's conditions. Prominent nationalist commentator Hu Xijin said in a social media post on Wednesday that many asymptomatic carriers of coronavirus in Beijing were already quarantining at home.

By Ahmad Ghaddar LONDON (Reuters) -Oil prices jumped by 3% on Tuesday on hopes for a relaxation of China's strict COVID-19 controls after rare protests in Chinese cities over the weekend. Brent crude futures gained $1.95, or 2.3%, to $85.14 a barrel at 1445 GMT. U.S. West Texas Intermediate (WTI) crude futures rose $1.51, or 2%, to $78.75. Chinese health officials on Tuesday said the country plans to speed up COVID-19 vaccinations for elderly people, aiming to overcome a key stumbling block in efforts to ease unpopular "zero-COVID" curbs "The prospect of a return to normality, in an economy that is the world's largest oil importer, was enough to make oil prices jump in the first significant price rebound of the last two weeks," said ActivTrades analyst Ricardo Evangelista. Rare street protests in cities across China over the weekend were a vote against President Xi Jinping's zero-COVID policy and the strongest public defiance of his political career, China analysts said. Oil prices were also supported by the possibility that major producers could adjust their output plans, with analysts at Eurasia Group suggesting on Monday that weakened demand out of China could prompt a production cut. The Organization of the Petroleum Exporting Countries and allies including Russia, a group known as OPEC+, hold their next meeting on Dec. 4. OPEC+ started to lower its output target by 2 million barrels per day (bpd) in November, aiming to shore up oil prices. Markets are also assessing the impact of a looming Western price cap on Russian oil. Diplomats from the Group of Seven (G7) nations and the European Union have been discussing a cap between $65 and $70 a barrel, aiming to limit revenue to fund Moscow's military offensive in Ukraine without disrupting global oil markets. However, EU governments on Monday failed to agree on the cap, with Poland insisting it should be set lower than the level proposed by the G7, diplomats said. The price cap is due to come into effect on Dec. 5, when an EU ban on Russian crude also takes effect.

By Noah Browning (Reuters) -Oil prices fell close to their lowest this year on Monday as street protests against strict COVID-19 curbs in China, the world's biggest crude importer, stoked concern over the outlook for fuel demand. Brent crude dropped by $2.67, or 3.1%, to trade at $80.96 a barrel at 1330 GMT, having dived more than 3% to $80.61 earlier in the session for its lowest since Jan. 4. U.S. West Texas Intermediate (WTI) crude slid $2.09, or 2.7%, to $74.19 after touching its lowest since Dec. 22 last year at $73.60. Both benchmarks, which hit 10-month lows last week, have posted three consecutive weekly declines. "On top of growing concerns about weaker fuel demand in China due to a surge in COVID-19 cases, political uncertainty caused by rare protests over the government's stringent COVID restrictions in Shanghai prompted selling," said Hiroyuki Kikukawa, general manager of research at Nissan (OTC:NSANY) Securities. Markets appeared volatile ahead of an OPEC+ meeting this weekend and a looming G7 price cap on Russian oil. China has stuck with President Xi Jinping's zero-COVID policy even as much of the world has lifted most restrictions. Hundreds of demonstrators and police clashed in Shanghai on Sunday night as protests over the restrictions flared for a third day and spread to several cities. The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, a group known as OPEC+, will meet on Dec. 4. In October OPEC+ agreed to reduce its output target by 2 million barrels per day through 2023. Meanwhile, Group of Seven (G7) and European Union diplomats have been discussing a price cap on Russian oil of between $65 and $70 a barrel, with the aim of limiting revenue to fund Moscow's military offensive in Ukraine without disrupting global oil markets. However, EU governments were split on the level at which to cap Russian oil prices, with the impact being potentially muted. "Talks will continue on a price cap but it seems it won't be as strict as first thought, to the point that it may be borderline pointless," said Craig Erlam, senior markets analyst at OANDA "The threat to Russian output from a $70 cap, for example, is minimal given it's selling around those levels already." The price cap is due to come into effect on Dec. 5 when an EU ban on Russian crude also takes effect.

By Scott Murdoch SYDNEY (Reuters) - Stocks and commodities prices slid sharply on Monday as rare protests in major Chinese cities against the country's strict zero-COVID curbs raised investors' concerns about the growth implications for the world's second-largest economy. MSCI's broadest index of Asia-Pacific shares outside Japan was down 1.5% having slumped 2.2% at the open, pulled lower by a selldown in Chinese markets. Hong Kong's Hang Seng Index shed 4.16% at the start of trade but recovered some territory to be off 2.32%. China's CSI300 Index was down 1.8% after opening down 2.2% while the yuan also retreated. "Clearly the harsh China lock downs have been impacting their consumer and business sentiment for some time and the persistent downgrades to China GDP have been consistent for well over a year now with further downgrades to come," said George Boubouras, executive direct of K2 Asset Management in Melbourne. "Markets do not like uncertainty and investors will look for some clarification to China's very harsh domestic lock down protocols." Fears about Chinese economic growth also hit commodities markets. Oil remained deep in negative territory on Monday with U.S. crude dipping 3% to $73.99 a barrel and Brent crude falling 2.86% to $81.24 per barrel, as the COVID protests in top importer China fanned demand worries. Copper and other metals also fell on the protests. Australia's benchmark stock index closed 0.42% lower while its risk-sensitive currency was off more than 1%. Japan's Nikkei stock index was down 0.6%. Across the region, South Korea's KOSPI 200 index retreated 1.2% in and New Zealand's S&P/NZX50 Index close down 0.65%. European stock futures were down across each of the major markets while S&P 500 futures, were 0.77% lower. The bigger worries about China's COVID policies dwarfed any support to investor sentiment from the central bank's 25 basis point cut to the reserve requirement ratio (RRR) announced on Friday, which would free up about $70 billion in liquidity to prop up a faltering economy. China announced a fifth consecutive day of record new local cases with 40,052 infections on Monday. In Shanghai, demonstrators and police clashed on Sunday night as protests over the country's stringent COVID restrictions flared for a third day. There were also protests in Wuhan, Chengdu and parts of the capital Beijing as COVID restrictions were put in place in an attempt to quell fresh outbreaks. Robert Subbaraman, Nomura's Asia ex-Japan chief economist, said there is a risk China's plan to live with COVID is too slow, surging COVID cases fuel more protests and social unrest further weakens the economy. "Things are very fluid," he said. "Protests could also be the catalyst that leads to a positive outcome in leading the government to set a clearer game plan on how the country is going to learn to live with COVID, setting a more transparent timetable, and accelerating China's move to living with COVID." The dollar extended gains against the yuan, rising 0.57% but off earlier session highs. The COVID rules and resulting protests are creating fears the economic hit for China will be greater than first expected. "Even if China is on a path to eventually move away from its zero-COVID approach, the low level of vaccination among the elderly means the exit is likely to be slow and possibly disorderly," CBA analysts said on Monday. "The economic impacts are unlikely to be small." Yields on benchmark 10-year Treasury notes reached 3.6314% from its U.S. close of 3.702% on Friday. The two-year yield, which tracks traders' expectations of Fed fund rates, touched 4.4278% compared with a U.S. close of 4.479%. The dollar dropped 0.46% against the yen to 138.46 after initially trading higher earlier in the day. It remains well off this year's high of 151.94 on Oct. 21. The euro fell 0.4%, having gained 4.94% in a month, while the dollar index, which tracks the greenback against a basket of currencies of other major trading partners, was up at 106.39. Gold was slightly lower. Spot gold was traded at $1,749.54 per ounce.

in case.you have not noticed , there is no forex market , all the symbols are just going in one direction , which is why better to operate of the weekly , the only people that operate only off the monthly are willing to hold for years , so , we have to make plays , this extremely rare

in case.you have not noticed , there is no forex market , all the symbols are just going in one direction , which is why better to operate of the weekly , the only people that operate only off the monthly are willing to hold for years , so , we have to make plays , this extremely rare

ja meinte auch rare oder epic. Epic immerhin nur 3% vom gesamten Land

danke für eure Meinung. frage mich ob die Nachfrage für common und rare gross genug ist.

überlege zu versuchen entweder ein common oder ein rare zu kriegen

By Anna Ringstrom and Stine Jacobsen STOCKHOLM/COPENHAGEN (Reuters) - Europe was racing on Tuesday to investigate possible sabotage behind sudden and unexplained leaks in two Russian gas pipelines under the Baltic Sea, infrastructure at the heart of an energy crisis since Russia invaded Ukraine. Poland's Prime Minister Mateusz Morawiecki said the leaks were caused by sabotage, while Denmark's prime minister and Russia, which slashed its gas deliveries to Europe after Western sanctions, said it could not be ruled out. But who might be behind any foul play, if proven, and a motive were far from clear. Sweden's Maritime Authority issued a warning about two leaks in the Nord Stream 1 pipeline, the day after a leak on the nearby Nord Stream 2 pipeline was discovered that prompted Denmark to restrict shipping and impose a small no fly zone. Both pipelines have been flashpoints in an escalating energy war between European capitals and Moscow that has pummelled major Western economies, sent gas prices soaring and sparked a hunt for alternative energy supplies. "Today we faced an act of sabotage, we don't know all the details of what happened, but we see clearly that it's an act of sabotage, related to the next step of escalation of the situation in Ukraine," Mateusz Morawiecki said during the opening of a new pipeline between Norway and Poland. Denmark's Prime Minister Mette Frederiksen said sabotage could not be ruled out. "We are talking about three leaks with some distance between them, and that's why it is hard to imagine that it is a coincidence," she said. Kremlin spokesperson Dmitry Peskov said the leaks affected the energy security of the entire continent. Neither pipeline was pumping gas to Europe at the time the leaks were found amid the dispute over the war in Ukraine, but the incidents will scupper any remaining expectations that Europe could receive gas via Nord Stream 1 before winter. "The destruction that occurred on the same day simultaneously on three strings of the offshore gas pipelines of the Nord Stream system is unprecedented," said network operator Nord Stream AG. Although neither was in operation, both pipelines still contained gas under pressure. Gazprom (MCX:GAZP), the Kremlin-controlled company with a monopoly on Russian gas exports by pipeline, declined to comment. "There are some indications that it is deliberate damage," said a European security source, while adding it was still too early to draw conclusions. "You have to ask: Who would profit?" A second European source, when asked if there was specific intelligence indicating sabotage, said: "Not specific yet, but it seems this pressure failure can only happen when a pipe is completely cut. Which pretty much says it all." Russia slashed gas supplies to Europe via Nord Stream 1 before suspending flows altogether in August, blaming Western sanctions for causing technical difficulties. European politicians say that was a pretext to stop supplying gas. The new Nord Stream 2 pipeline had yet to enter commercial operations. The plan to use it to supply gas was scrapped by Germany days before Russia sent troops into Ukraine in February. A note by the Eurasia Group said unplanned leaks to undersea pipelines were rare. "The multiple undersea leaks mean neither pipeline will likely deliver any gas to the EU over the coming winter, irrespective of political developments in the Ukraine war," it said. "Depending on the scale of the damage, the leaks could even mean a permanent closure of both lines." MALFUNCTION OR SABOTAGE? European gas prices rose on the news of the leaks, with the benchmark October Dutch price up almost 10% on Tuesday. Prices are still below this year's stratospheric peaks, but remain more than 200% higher than in early September 2021. "(Of) concern is the security aspect of pipelines across the EU, as this appears to be sabotage.... and will only exacerbate supply concerns for the coming winter," said Refinitiv analyst Timothy Crump. The leaks happened just before the ceremonial launch on Tuesday of the Baltic Pipe carrying gas from Norway to Poland, a centrepiece of Warsaw's efforts to diversify from Russian supplies. Norway's Petroleum Safety Authority (PSA) had also urged oil companies on Monday to be vigilant about unidentified drones seen flying near Norwegian offshore oil and gas platforms, warning of possible attacks. A spokesperson for the Swedish Maritime Administration (SMA) said there were two leaks on Nord Stream 1, one in the Swedish economic zone and another in the Danish zone, adding that both were in an area northeast of the Danish island Bornholm. "We are keeping extra watch to make sure no ship comes too close to the site," a second SMA spokesperson said. Vessels could lose buoyancy if they enter the area, and there might be a risk of leaked gas igniting over the water and in the air, the Danish energy agency said, adding there were no risks associated with the leak outside the exclusion zone. The leak would only affect the environment in the area in which the gas plume in the water column is located, it said, adding that escaping greenhouse gas methane would have a damaging impact on the climate. The Danish authorities asked that the level of preparedness in Denmark's power and gas sector be raised after the leaks, a step that would require heightened safety procedures for power installations and facilities.

By Tom Westbrook and Alun John SYDNEY/LONDON (Reuters) - Sterling slumped to a record low on Monday, and a renewed selloff in British gilts pushed euro zone yields higher as the fall out from last week's fiscal statement in Britain roiled markets for a second session. Share markets around the world also slid as concerns about high interest rates continued to put pressure on the financial system, though in a rare recent example of a news event having a smaller market impact than feared, reaction to Italy's election result was muted. The pound plunged nearly 5% at one point in Asia trade to break below 1985 lows and hit $1.0327. Moves were exacerbated by thin liquidity in the Asia session, and the currency had last clambered back up to $1.0738. The plunge extended Friday's sell off after markets took fright at British finance minister Kwasi Kwarteng announcing the scrapping of the top rate of income tax and cancelling a planned rise in corporate taxes - on top of a hugely expensive plan to subsidise energy bills. Sterling's declines are partly due to dollar strength - the dollar index, which tracks the greenback against six peers - hit a new 20-year top of 114.58 in early trade. Nontheless, the euro, which fell to its own 20-year low on the dollar on Monday briefly hit 92.29 early in the day, its highest since late 2020. The tumble is leading to speculation the Bank of England will have to hold an emergency meeting to raise rates. “The Bank of England is in a very difficult spot where if they don't react they risk another sterling collapse and things getting very messy," said Mike Riddell, senior portfolio manager, Allianz (ETR:ALVG) Global Investors. "If they do react, a developed market hiking rates to defend the currency looks like an emerging market. So they’re damned if they do, damned if they don’t,” The carnage was not confined to currencies. Five-year gilt yields jumped 50 basis points to their highest since October 2008, sending euro zone government bond yields higher. Germany’s 10-year government bond yield hit its highest since December 2011 at 2.132%, (DE10YT=RR) and Italy's benchmark bond yields rose to their highest since 2013. Those moves were largely in line with the overall picture, rather than an outsized response to Sunday's election after which Giorgia Meloni looks set to become Italy's first woman prime minister leading its most right-wing government since World War Two. "There are no big surprises. I expect a relatively small impact considering that the League, the party with the least pro-European stance, seems to have come out weak," said Giuseppe Sersale, fund manager at Anthilia Capital Partners, referring to a separate right-wing party led by Matteo Salvini. "The market knew this was how it was going to end." STRESS BUILDING The pound's plunge is only the latest unnerving move as investors' skittishness strains global financial markets. Two-year Treasury yields broke above 4.3% to a new 15-year high, while U.S. S&P 500 futures fell 0.6%, suggesting the index could fall below its June bottom to its lowest since late 2020. Europe's STOXX 600 index slipped for the third straight session, falling to a new low since December 2020, dragged down particularly by recession vulnerable sectors such as commodity stocks and mining Asian stocks also fell, and oil and gold were under pressure due to the surging greenback. Gold touched a 2-1/2 year low of $1,626.4 and Brent crude futures were down about 1% having earlier fallen to their lowest since January at $84.51 a barrel. "There has been an economic logic at play, as central banks raised rates to drive monetary policy into restrictive territory, get below trend growth for a while, - a polite way of saying a recession - and then you get lower inflation," said Samy Chaar, chief economist at Lombard Odier. "The question is whether the financial world can go through that sequence. It feels like we are reaching the limit of that, things are starting to break, for example what we see with sterling."

have to fight 20x harder, opp are rare

could be so , 20 days left in the month , rare to see a full candle in less then 48 hours

By Tom Balmforth KYIV (Reuters) -Ukraine made its boldest claim yet of success on the battlefield in its week-old counter-offensive against Russian forces in the south, while European markets reopened on Monday in free-fall after Russia kept its main gas pipeline to Germany shut. After days of declining to give details about their new offensive, Ukrainian officials posted an image online of three soldiers raising a flag over a town in Kherson province, a southern region occupied by Russia since the war's early days. The image of the flag being fixed to a pole on a rooftop, purportedly in Vysokopyllya in the north of Kherson, was released as President Volodymyr Zelenskiy announced that Ukrainian forces had captured two towns in the south and one in the east. In an overnight address, he did not identify the locations. After months of enduring punishing Russian artillery assaults in the east, Ukraine has at last begun its long-awaited counter-attack, its biggest since it drove Russian forces away from the outskirts of Kyiv in March. Ukraine had kept most details of its new campaign under wraps so far, banning journalists from the frontline and offering little commentary in public, saying this was needed to preserve tactical surprise. Russia has publicly said that it has repelled assaults in Kherson. In a rare acknowledgment from the Russian side that the Ukrainian counter-offensive was spoiling Moscow's plans for territory it has seized, TASS news agency quoted a Moscow-installed official in Kherson as saying plans for a referendum to annex the region to Russia had been put on hold due to the security situation. Mark Hertling, a retired former commander of U.S. ground forces in Europe, said Kyiv's aim appeared to be to trap thousands of Russian troops on the east bank of the vast Dnipro River, destroying bridges the Russians now use for supplies and would need to escape. Russia had left "a force in Kherson, with a river at their back & limited supply lines", and Ukraine was hitting them with "precision weapons, confusing a RU force that already has very low morale and poor leadership," Hertling tweeted. REVERSING GAINS Zelenskiy's announcement that a town had been captured in the east was also notable, a suggestion Ukraine was taking advantage of pressure in the south to try to reverse some of the gains Russia made elsewhere in recent months. In his evening address on Sunday, Zelenskiy tempered his announcements of success with a warning to European countries that they could face a cold winter. Moscow blames Western sanctions it says have interfered with repairs of equipment for forcing it to halt the flow of gas through Nord Stream 1, its main pipeline to Germany. Russia was due to reopen the pipeline on Saturday but has announced that it will stay shut indefinitely. "Problems with gas supply arose because of the sanctions imposed on our country by Western states, including Germany and Britain," Kremlin spokesman Dmitry Peskov said on Monday. European countries call the gas cut-off blackmail. They say they are finding alternative sources of gas and are already ahead of targets in filling up storage tanks for winter. Countries led by Germany have rolled out multi-billion euro packages of support for consumers and businesses, which last week helped drive European gas prices back down sharply from record highs. BLEAK WINTER But the weekend news about Nord Stream's extended shutdown sent prices soaring once again on Monday, with the main European benchmark up by around a quarter, bringing fears of a bleak winter for consumers and businesses across the continent. Germany's DAX share index was down well over 2%, the Euro sank below 99 U.S. cents for the first time in decades, and a new prime minister taking over in Britain would find the pound cratering to mid-1980s levels. Kremlin spokesman Peskov also said Moscow planned to retaliate for the latest Western move: a proposed cap on the price of Russian oil exports from December designed to reduce Moscow's main source of income. In Russia, which has effectively banned all independent media since President Vladimir Putin launched his "special military operation" in February, a judge revoked the license of stalwart liberal newspaper Novaya Gazeta, one of the last unofficial voices. The ruling was "a political hit job, without the slightest legal basis", said its editor, Dmitry Muratov, who won last year's Nobel Peace Prize for the paper's fight for free speech. Novaya Gazeta was founded 30 years ago with Nobel Peace Prize money won by the previous Russian laureate - former Soviet leader Mikhail Gorbachev, who was buried at the weekend. Putin declined to attend his funeral, a final symbolic snub of the man who presided over the breakup of the Soviet Union, when Ukraine was the most populous of 14 states to gain independence from Moscow. With fighting shifting to southern Ukraine, international attention has focused in recent weeks on the Zaporizhzhia nuclear power station, captured by Russia but still operated by Ukrainian engineers and hooked to Ukraine's power grid. Both sides accuse each other of risking nuclear catastrophe by shelling near the plant. Russia has resisted international pleas to withdraw its forces from the facility and demilitarise the area. An International Atomic Energy Agency mission reached the plant last week after crossing the frontline. Ukraine's operator, Energoatom, said on Monday two IAEA experts would stay on indefinitely at the plant.

rare flow there

that's a rare one

By Balazs Koranyi FRANKFURT (Reuters) - It was meant to be Europe's stellar year. A post-pandemic spending euphoria, supported by copious government spending was set to drive the economy and help fatigued households regain a sense of normality after two dreadful years. But all that changed on Feb. 24 with Russia's invasion of Ukraine. Normality is gone and crisis has become permanent. A recession is now almost certain, inflation is nearing double digits and a winter with looming energy shortages is fast approaching. Though bleak, this outlook is still likely to get worse before any significant improvement well into 2023. "Crisis is the new normal," says the Alexandre Bompard, the Chief Executive of retailer Carrefour (EPA:CARR). "What we have been used to in the last decades - low inflation, international trade - it's over," he told investors. The change is dramatic. A year ago most forecasters predicted 2022 economic growth near 5%. Now a winter recession is becoming the base case. " onerror="this.style.display='none'" class="msg-img" /> Households and businesses are both suffering as the fallout of the war - high food and energy prices - is now exacerbated by a devastating drought and low river levels that constrain transport. At 9%, inflation in the euro area is at levels not seen in a half a century and it is sapping purchasing power with spare cash used up on petrol, natural gas and staple food. Retail sales are already plunging, months before the heating season starts and shoppers are scaling down their buys. In June, retail sales volumes were down nearly 4% from a year earlier, led by a 9% drop recorded in Germany. Consumers turn to discount chains and give up high end products, switching to discount brands. They have also started to skip certain purchases. "Life is becoming more expensive and consumers are reluctant to consume," Robert Gentz, the co-CEO of German retailer Zalando, told reporters. Businesses have so far coped well thanks to superb pricing power due to persistent supply constraints. But energy intensive sectors are already suffering. Close to half of Europe's aluminium and zinc smelting capacity is already offline while much of fertilizer production, which relies on natural gas, has been shut. Tourism has been the rare bright spot with people looking to spend some of accumulated savings and enjoy their first care-free summer since 2019. But even the travel sector is hamstrung by capacity and labour shortages as workers laid off during the pandemic were reluctant to return. Key airports, such as Frankfurt and London Heathrow were forced to cap flights simply because they lacked the staff to process passengers. At Amsterdam's Schiphol, waiting times could stretch to four or five hours this summer. Airlines also could not cope. Germany's Lufthansa had to publish an apology to customers for the chaos, admitting that it was unlikely to ease anytime soon. RECESSION LOOMS That pain is likely to intensify, especially if Russia cuts gas exports further. "The gas shock today is much greater; it is almost double the shock that we had back in the 70s with oil," Caroline Bain at Capital Economics said. "We've seen a 10 to 11 fold increase in the spot price of natural gas in Europe over the last two years." While the EU has unveiled plans to accelerate its transition to renewable energy and wean the bloc off Russian gas by 2027, making it more resilient in the long run, supply shortages are forcing it seek a 15% cut in gas consumption this year. But energy independence comes at a cost. For ordinary people it will mean colder homes and offices in the short run. Germany for instance wants public spaces heated only to 19 degrees Celsius this winter compared with around 22 degrees previously. Further out, it will mean higher energy costs and thus inflation as the bloc must give up its biggest and cheapest energy supplies. " onerror="this.style.display='none'" class="msg-img" /> For businesses, it will mean lower production, which eats further into growth, particularly in industry. Wholesale gas prices in Germany, the bloc's biggest economy, are up five-fold in a year but consumers are protected by long term contracts, so the impact so far has been far smaller. Still, they will have to pay a government mandated levy and once contracts roll over, prices will soar, suggesting the impact will just come with a delay, putting persistent upward pressure on inflation. That is why many if not most economists see Germany and Italy, Europe's no. 1 and no. 4 economies with heavy reliance on gas, entering a recession soon. While a recession in the United States is also likely, its origin will be quite different. SILVER LINING Struggling with a red-hot labour market and rapid wage growth, the U.S. Federal Reserve has been raising interest rates quickly and has made clear it is willing to risk even a recession to tame price growth. By contrast, the European Central Bank has only increased rates once, back to zero, and will move only cautiously, mindful that raising the borrowing cost of highly indebted euro zone nations, such as Italy, Spain and Greece could fuel worries about the their ability to keep paying their debts. But Europe will go into a recession with some strengths. Employment is record high and firms have struggled with growing labour scarcity for years. This suggests that companies will be keen to hang onto workers, especially since they head for the downturn with relatively healthy margins. This could then sustain purchasing power, pointing to a relatively shallow recession with only a modest uptick in what is now a record low jobless rate. "We see continued acute shortages of labour, historically low unemployment and a high number of vacancies," ECB board member Isabel Schnabel told Reuters earlier. "This probably implies that even if we enter a downturn, firms may be quite reluctant to shed workers on a broad scale."

**howardlindzon:** I was at the 'high end' remodeled UTC Mall in La Jolla yesterday - a rare trip to a mall to just walk it with Rachel ...there were 4 mattress retailers WTF is going on Forget crypto misallocatuion of resources...the mattress bubble is/was insane https://twitter.com/howardlindzon/status/1557125612266872832

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