Saturday, December 1, 2012

Week in FX Asia ? Is the Currency of the Rising Sun in Free-Fall ...

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

How much room has the Yen to fall? The Yen bears seem to be back in full force and are becoming very vocal. The currency of the ?rising sun' has ended the week sharply lower outright, mostly due to comments from LDP leader Abe suggesting a foreign bond component to the Bank of Japan easing. If true, this would become a game changer for further weakness of the currency, however, if and when decided, it will only ever be a gradual process, as international pushback should become a natural constraint.

Easing hopes in Q1 are expected to provide good support for the currency pair. If US growth outperforms next year, the mighty ?dollar' could end up pushing the yen deep into a three-figure dollar extreme. Some analysts believe a ?significant overvaluation of the yen, a deteriorating balance of payments in Japan and a potential new major shift in their monetary policy? all point to a significant free-fall of their currency. Next month's Japanese election is the unknown variable.

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WEEK AHEAD

  • USD ISM Manufacturing
  • AUD Reserve Bank of Australia Rate Decision
  • EUR Euro-Zone Producer Price Index
  • CAD Bank of Canada Rate Decision
  • AUD Gross Domestic Product
  • NZD Reserve Bank of New Zealand Rate Decision
  • EUR Euro-Zone GDP
  • GBP Bank of England Rate Decision
  • EUR European Central Bank Rate Decision
  • USD Change in Non-farm Payrolls
  • USD U. of Michigan Confidence

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This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Posted in: News, Forex, Global, Markets, Trading Ideas

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Source: http://www.benzinga.com/news/12/11/3135653/week-in-fx-asia-is-the-currency-of-the-rising-sun-in-free-fall

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The pressure of new motherhood during the holidays can be ...

11.29.12 Forget baby's first X-mas. For my family, third time's the charm.

Christmas is my favorite time of year. I love the catalogs that come in the mail full of holiday scenes and gifts galore. I love how no matter where you go you hear holiday music. And I love having a tree decorated with lights in my living room. When I found out I was expecting in the month of March, I was excited that we would get to celebrate Christmas with my son the same year he was born. What better way to be welcomed into the world than with a whole month?s worth of holiday lights and music?

When my son arrived in early November, caring for a newborn floored me. By mid-December, I had a slightly better handle on some things (I could change a diaper in 5 seconds flat), but I was more sleep-deprived than ever. And, I hadn?t given Christmas a second thought. My family had decided to come to Los Angeles for the holiday so we wouldn?t have to travel, but that meant that we were hosting all the family gatherings at our apartment. We didn?t have a tree until the day before everyone arrived (if I remember correctly, my dad ended up stringing the lights because we didn?t have time) and, while it was great to have lots of family around who wanted to hold the baby, I still didn?t quite have the newborn-nursing-parenting thing down.

To wit, when I went to the airport to pick up my brother, I took my son with me thinking that he would sleep in the car. I also took along a bottle of breast milk because, in my sleep-deprived and newbie nursing state, I thought that if he got hungry, I might not feel comfortable nursing him while out, so I would just give him the bottle. Easy peasy. I somehow ended up in the wrong parking lot at the airport, so the trip took longer than I expected. When my son woke up hungry, he wouldn?t take the bottle, so he just got fussier. I finally realized, Wait, I can nurse him in the car, but by then I was frazzled by his crying and trying to find my brother, and I couldn?t get my son to latch on. As a result, he ended up crying the entire 45-minute ride home, my brother navigating in an unfamiliar city while I sat in the back trying to calm my screaming son in his car seat.? When we finally got home, and my son was fed and settled, I was standing in the kitchen with my brother who said something like, ?How?s it going?? I laid my head on his shoulder and said, ?Having a baby is so hard,? and started crying.

I made it through the holiday?and even ended up hanging a few ornaments on the tree?but it was rough and, in the end, I was happy when New Year?s came and went and we could start anew. This year, roughly three years after my son?s first Christmas, the holiday feels extra special. Everyone is sleeping through the night on a regular basis, my husband and I are in a parenting groove of sorts, and to kick off the season this weekend, we?re going on a special train ride to pick out our tree. I can?t wait to get it home, string up the lights and decorate it with my son.

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>> Jennifer Carofano is the deputy editor of Fit Pregnancy.

Source: http://www.fitpregnancy.com/motherhood/work-money/ho-ho-holidays

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In schizophrenia patients, auditory cues sound bigger problems

ScienceDaily (Nov. 30, 2012) ? Researchers at the University of California, San Diego School of Medicine and the VA San Diego Healthcare System have found that deficiencies in the neural processing of simple auditory tones can evolve into a cascade of dysfunctional information processing across wide swaths of the brain in patients with schizophrenia.

The findings are published in the current online edition of the journal Neuroimage.

Schizophrenia is a mental disorder characterized by disturbed thought processes and difficulty in discerning real from unreal perceptions. Common symptoms include auditory hallucinations and unfounded suspicious ideas. The disorder affects about 1 percent of the U.S. population, or roughly 3 million people.

"Impairments in the early stages of sensory information processing are associated with a constellation of abnormalities in schizophrenia patients," said Gregory Light, PhD, associate professor of psychiatry at UC San Diego and senior author of the study.

These impairments, according to Light, may explain how schizophrenia patients develop clinical symptoms such as hearing voices that others cannot hear and difficulty with cognitive tasks involving attention, learning and recalling information. "If someone's brain is unable to efficiently detect subtle changes in sounds despite normal hearing, they may not be able to automatically direct their attention and rapidly encode new information as it is being presented."

Light and colleagues used electroencephalography -- a technique that records patterns of electrical brain activity using electrodes positioned on the scalp -- on 410 schizophrenia patients and 247 nonpsychiatric comparison subjects. The researchers employed novel computational imaging approaches to deconstruct the brain dynamics that underlie two leading neurobiological markers used in schizophrenia research: mismatch negativity (MMN) and P3a event-related potentials.

In healthy volunteers, a specific pattern of EEG responses across a complex network of brain structures is elicited within a fraction of a second in response to changes in auditory tones. In patients with schizophrenia, the researchers found that this normal process is disrupted. Reduced activity in specific areas of the medial frontal lobe quickly propagated to other regions of the brain that support activation of attentional networks.

"Changes in the tone of speech convey complex information including nuances of emotional meaning and content," said Light, who is also associate director of the VISN-22 Mental Illness, Research, Education and Clinical Center (MIRECC) at the San Diego VA Medical Center. "If a patient's brain is not processing auditory information optimally, he or she may miss out on important-but-subtle social cues and other critical information. They may not properly recognize sarcasm or humor that is carried by pitch changes in speech. This can be a major barrier to achieving better functioning in social relationships, school or job performance, and ultimately limit their overall quality of life."

In research published earlier this year, Light and colleagues established that MMN and P3a showed promise for unlocking the elusive brain and molecular dysfunctions of schizophrenia patients. "These brain-based biomarkers may eventually prove to be useful for assisting clinicians with diagnosis, guiding treatment decisions, and tracking therapeutic response over time. These measures may also predict which individuals are at risk for developing a serious mental illness and are most likely to benefit from course-altering early interventions."

According to Stephen R. Marder, MD, VISN-22 MIRECC director and a professor at UCLA's Semel Institute for Neuroscience and Human Behavior, "this study makes a valuable contribution to our understanding of how impairments in the very early processing of sensory information in schizophrenia can explain the complex symptoms of the illness. This new knowledge may also be useful in developing better pharmacological and non-pharmacological treatments for schizophrenia."

Co-authors of this study are Hidetoshi Takahashi, UCSD Department of Psychiatry and National Center of Neurology and Psychiatry, Japan; Anthony J. Rissling, Kenji Kirihara, Marlena Pela, and Joyce Sprock, UCSD Department of Psychiatry; Robert Pascual-Marqui, Key Institute for Brain-Mind Research, University Hospital of Psychiatry, Switzerland; and David Braff, UCSD Schizophrenia Research Program.

Funding for this research came, in part, from the National Institute of Mental Health (grants MH079777, MH042228 and MH065571), the Department of Veteran Affairs and the Mitsubishi Pharma Research Foundation.

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The above story is reprinted from materials provided by University of California, San Diego Health Sciences.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Hidetoshi Takahashi, Anthony J. Rissling, Roberto Pascual-Marqui, Kenji Kirihara, Marlena Pela, Joyce Sprock, David L. Braff, Gregory A. Light. Neural substrates of normal and impaired preattentive sensory discrimination in large cohorts of nonpsychiatric subjects and schizophrenia patients as indexed by MMN and P3a change detection responses. NeuroImage, 2013; 66: 594 DOI: 10.1016/j.neuroimage.2012.09.074

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/~3/s5ZEZK85xT0/121130222143.htm

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CourseTalk Launches A Yelp For Open Online Courses And What This Means For Higher Education

Screen shot 2012-11-29 at 2.13.27 PMOne of the most popular topics in education technology these days is the subject of MOOCs, otherwise known as Massive Open Online Courses. Thanks to the buzz around MOOC platforms like Coursera, Udacity and edX, there are few universities and colleges that aren't currently struggling with whether or not they should hop on the bandwagon.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Q9UsCfztMr0/

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Ornamental, cleansing ponds not suitable for fishing ...

From Chia Seng Jiang Director, Parks, National Parks Board
Today Online 28 Nov 12;

We thank Mr Jeremy Wong for his suggestion, "Let's have more fishing spots" (Nov 23) in our parks.

There are several parks with designated recreational fishing spots. They include Bedok Jetty at East Coast Park, Bedok Reservoir Park, Changi Beach Park, Kranji Reservoir Park, Lower Seletar Reservoir Park, MacRitchie Reservoir Park, Pasir Ris Town Park, Sembawang Park, West Coast Park and Woodlands Waterfront Park.

Mr Wong had written to us separately and suggested that we open up more spots for recreational fishing, such as at Sengkang Riverside Park and the freshwater ponds at East Coast Park.

We replied that the ponds at East Coast Park are primarily designed as ornamental ponds and are not suited for fishing, while the pond at Sengkang Riverside Park is designed to capture and cleanse storm water run-off prior to discharge into the river.

For the safety and enjoyment of all park users, we take this opportunity to encourage anglers to use the designated fishing areas, which are demarcated by signboards in our parks.

Members of the public can send their feedback and suggestions to Parks_Public_Affairs@nparks.gov.sg or call our helpline (1800 471 7300).

Let's have more fishing spots
From Jeremy Wong Today Online 23 Nov 12;

With more youngsters taking up fishing, the National Parks Board should open up more spots for this recreation, namely, at Sengkang Riverside Park and the freshwater ponds at East Coast Park.

There could be catch limits, like in Australia's sport fishing grounds, no use of netting, strict action against litterbugs and so on.

There are more park users and anglers at places such as Bedok Jetty, especially on weekends, than at the three spots mentioned above. The latter may thus be safer for fishing if space is set aside.

Source: http://wildsingaporenews.blogspot.com/2012/11/ornamental-cleansing-ponds-not-suitable.html

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Source: http://theogoodwin.typepad.com/blog/2012/11/ornamental-cleansing-ponds-not-suitable-for-fishing.html

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Facebook Real Estate search engine for Santa Clarita and all of ...

How do you search for real estate and homes for sale while on Facebook? It?s not as hard as you might think.? All you have to do, the next time you are on Facebook, is connect with the Paris911 business page.? Type the term ?Paris911? into the search box on Facebook.? You can also like our page or just get to the home search platform? Either way it works better than anything I have found and I?m looking for the next best thing for our real estate clients all of the time!

Santa Clarita real estate search

The difference between using this Santa Clarita and Southern California real estate search platform is that our?s is fed directly from the Board of Realtors.? Direct, no syndication website here.? This one is updated several times per hour and will give you the best in real estate intel possible.

You can search by an address you found on-line while searching with one of those Real Estate syndication website to verify it?s information is true.? Some list properties that are not for sale any longer, or worse yet ? ones that have sold.? Remember why they are in business.? They are selling your personal information to real estate agents.

Santa Clarita real estate agents like The Paris911 Team at REMAX are in business of servicing and helping their real estate clientele find, sell and buy homes.? That is our Job Number One.? We are not in the business of selling leads.

Search well ? check us out on FaceBook and please feel free to like our Santa Clarita Paris911 Team business page.? I know you will enjoy this SRAR search platform.? Talk soon.? If you are a Social media person ? please check out our Santa Clarita real estate page for our Paris911 at REMAX Social Media connection sites.


Source: http://realtor.paris911.com/2012/11/30/facebook-real-estate-search-engine-for-santa-clarita-and-all-of-southern-california/

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Managers delighted their stores sold winning lottery tickets

DEARBORN, Mo./FOUNTAIN HILLS, Arizona (Reuters) - Managers of a Missouri gas station and an Arizona food store expressed delight on Thursday that they may have handed tickets to the two prospective multi-millionaire winners of a record $587.5 million Powerball lottery jackpot.

The two winning tickets were sold at the gas station and sandwich shop in the tiny farming town of Dearborn, Missouri, about 30 miles north of Kansas City, Missouri, and the food store in Fountain Hills, Arizona, on the outskirts of Phoenix.

Dearborn, population 500, reveled in its sudden place in the spotlight.

"It was a total surprise," said Don Palmer, a customer at the Trex Mart convenience store, which sold the Missouri winning ticket. "Nothing ever happens in Dearborn."

Although the identities of the ticket-holders were not immediately announced, they picked the winning numbers announced at the drawing on Wednesday night: 5, 16, 22, 23, 29, and the Powerball number 6.

They will share an estimated $385 million before taxes if they opt to take it as a lump sum, the Multi-State Lottery Association said.

Alternatively, the $587.5 million can be paid out as an annuity over three decades, the association said.

The Missouri lottery said it would announce the name of its winner on Friday morning at the high school in Dearborn. The Arizona Lottery said its winner had not yet come forward.

Some customers and employees at the Missouri convenience store, and residents of Dearborn, said they had heard the name of the winner, a man in his early 50s who lives in town. But Missouri Lottery would not confirm the name, and no one was home at the address listed as his residence.

Kristi Williams, a clerk at the Trex Mart, said she and another employee high-fived each other when they learned the morning after the drawing that one of the two winning tickets had been purchased there.

Store manager Chris Nauerz, who was working on Wednesday when the lucky ticket was purchased, called the news "shocking." He said the station got a mix of customers - residents of Dearborn, and truck drivers passing through on nearby Interstate 29.

"It's pretty crazy to think somebody locally could possibly be a millionaire," Nauerz said. "And the fact that I may have even handed over the ticket is even wilder."

'ALMOST AS GOOD AS ME WINNING'

The popular lottery - which is played in 42 states, Washington, D.C., and the U.S. Virgin Islands - had not had a winner for two months.

After no one won the top prize in Saturday's drawing, the pot grew by about $263 million to $587.5 million amid a national frenzy to buy tickets.

Bob Chebat, the manager of the store in Arizona where the second lucky ticket was purchased, said customers bought 986 tickets on Wednesday and that there was a good chance he had sold the winning ticket.

"It's almost as good as me winning," Chebat said.

"People say all the time that I'll throw you a million if I win, and no one ever has. ... I guess we'll see what happens now."

Mary Neubauer, a spokeswoman for the Iowa Lottery, where Powerball is based, said people from around the world called hoping for a chance to play but were told they had to be in a participating location to buy a ticket.

One of the states that does not offer Powerball, California, decided on Thursday to participate. The state lottery commission voted unanimously to join Powerball in April 2013.

"Our customers were pretty clear that they wanted us to bring Powerball to California," state lottery director Robert O'Neill said in a statement.

The previous Powerball top prize of $365 million was won in 2006 by ConAgra slaughterhouse workers in Nebraska. The largest-ever U.S. lottery jackpot, the $656 million Mega Millions drawing, was shared by three winning tickets last March.

(Additional reporting by Colleen Jenkins, David Bailey and Mary Slosson; Writing by James B. Kelleher; Editing by Phil Berlowitz and Peter Cooney)

Source: http://news.yahoo.com/managers-delighted-stores-sold-winning-lottery-tickets-015750148.html

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