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Reply #30: Here's an interesting bit I missed on Monday, Airbus looking to get some [View All]

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54anickel Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-04 09:37 AM
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30. Here's an interesting bit I missed on Monday, Airbus looking to get some
of its facilities out of the Eurozone, thinking about the US. Then the article goes on about the rising Euro and ECB and intervention yes/no, etc.

Dollar Slump May Force Airbus Out of Eurozone

The euro hit a new all-time high against the dollar today but then slipped after statements by France’s prime minister and the head of the European Central Bank appeared to signal growing official concern.

At one point it stood at US dollar 1.2898.

Airbus, the world’s leading manufacturer of airliners, is so concerned at the dollar’s slump against the euro that it is considering moving some production out of the eurozone.

“The dollar has depreciated by about 30% in a year, which potentially costs us about three billion euro (£2.08 billion),” said joint chief executive Philippe Camus.

Its main production plant is at Toulouse in France. Airbus’s British partner, BAE Systems is not in the eurozone.

Camus also said company would be prepared to construct aircraft in the United States as it seeks to land Pentagon contracts to supply refuelling jets.

more, but that's it on Airbus, the rest is ECB.....
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  -STOCK MARKET WATCH, Friday 16 January (#1) ozymandius  Jan-16-04 05:58 AM   #0 
  - Seems as if............  DumpGump   Jan-16-04 06:02 AM   #1 
  - This is a testing period.  ozymandius   Jan-16-04 06:11 AM   #2 
  - I think the dollar went up with the return of UIA ;-)  54anickel   Jan-16-04 06:13 AM   #4 
  - Yes Ozy, hands off the handle bars! But that's where it gets confusing &  54anickel   Jan-16-04 07:03 AM   #15 
  - Interesting, from the charts they BOTH went up overnight.  54anickel   Jan-16-04 06:11 AM   #3 
  - Question about the BOJ  ozymandius   Jan-16-04 06:23 AM   #5 
     - BoJ  aneerkoinos   Jan-16-04 06:34 AM   #8 
     - It's very possible  54anickel   Jan-16-04 06:47 AM   #12 
     - Still digging, but came across this one. Intervention - not something we  54anickel   Jan-16-04 08:36 AM   #20 
        - OK Ozy and all, here's what I've got - Lots of players in the intervention  54anickel   Jan-16-04 10:02 AM   #38 
  - I tihink the goldbugs are dug in  CaptainClark23   Jan-16-04 09:39 AM   #32 
     - And if you look at gold in the long run  Maeve   Jan-16-04 09:42 AM   #35 
     - Oh no! Did I miss out on the sale? Why is that metal going UP with  54anickel   Jan-16-04 10:45 AM   #41 
  - WrapUp by Martin Goldberg  ozymandius   Jan-16-04 06:30 AM   #6 
  - The Euro's Losses Snowball  ozymandius   Jan-16-04 06:34 AM   #7 
  - "It's a euro story now" is key  Maeve   Jan-16-04 06:40 AM   #9 
  - Good morning!  ozymandius   Jan-16-04 06:41 AM   #11 
  - not attempting to steal UIA's thunder - it's the BOJ *again*!  ozymandius   Jan-16-04 06:40 AM   #10 
     - daily dollar watch  UpInArms   Jan-16-04 09:00 AM   #23 
        - Fed Governor Broaddus' remarks in Virginia  UpInArms   Jan-16-04 09:38 AM   #31 
        - Hey UIA, see post 20 Shrubs re-selection seems to be coming into play n/t  54anickel   Jan-16-04 09:40 AM   #33 
        - Oilbuck  aneerkoinos   Jan-16-04 01:59 PM   #50 
  - Top o' the mornin' Marketeers!  JNelson6563   Jan-16-04 06:48 AM   #13 
  - Egads! I'm running late.  ozymandius   Jan-16-04 06:48 AM   #14 
  - Reports due out today  Maeve   Jan-16-04 07:12 AM   #16 
  - Business Inventories Rise 0.3 Percent  jimbot   Jan-16-04 08:13 AM   #17 
  - Moderately bullish  Frodo   Jan-16-04 08:16 AM   #18 
  - The "I Ching" on today's market  Coventina   Jan-16-04 08:28 AM   #19 
  - 9:41 and beginning up  Maeve   Jan-16-04 08:42 AM   #21 
  - I've missed all the action  JNelson6563   Jan-16-04 08:55 AM   #22 
  - The action is just starting--10:00  Maeve   Jan-16-04 09:00 AM   #24 
     - Why?  Teaser   Jan-16-04 09:04 AM   #25 
        - here's the Michigan Sentiment link  UpInArms   Jan-16-04 09:08 AM   #26 
        - That explains the post dip jump...  Teaser   Jan-16-04 09:12 AM   #27 
        - One other note on the Michigan survey  Maeve   Jan-16-04 10:53 AM   #42 
        - Truth is, behavior and "confidence" aren't always linked  Maeve   Jan-16-04 09:14 AM   #28 
  - 10:30 and the ball is bouncing  Maeve   Jan-16-04 09:32 AM   #29 
  - 11:01 and there it goes again  Maeve   Jan-16-04 10:02 AM   #37 
  - Here's an interesting bit I missed on Monday, Airbus looking to get some  54anickel   Jan-16-04 09:37 AM   #30 
  - and if the ECB cuts interest rates  UpInArms   Jan-16-04 09:42 AM   #34 
     - more regarding ECB intervention  UpInArms   Jan-16-04 10:01 AM   #36 
        - ECB and BoJ  aneerkoinos   Jan-16-04 10:37 AM   #40 
  - FOREX-Dollar recovers, buoyed by strong data  rodbarnett   Jan-16-04 10:11 AM   #39 
  - 12:48 and where's the market THIS time?  Maeve   Jan-16-04 11:50 AM   #43 
  - 1:45 - Nasdaq roaring along  mrsteve   Jan-16-04 12:47 PM   #44 
  - Did the Gold market close early today?  Frodo   Jan-16-04 12:50 PM   #45 
  - Always does this time of day. NY Close  54anickel   Jan-16-04 01:11 PM   #46 
     - Take a look at it again.  Frodo   Jan-16-04 01:47 PM   #48 
        - Right, but at the beginning of the week they stagger. I've seen it often  54anickel   Jan-16-04 01:53 PM   #49 
           - "COMEX gold ends short pre-holiday session lower"  Frodo   Jan-16-04 02:57 PM   #51 
              - Thank you for clarifying and digging up the answer.  54anickel   Jan-16-04 03:07 PM   #52 
  - 2:34 update  Maeve   Jan-16-04 01:34 PM   #47 
     - Final numbers  Maeve   Jan-16-04 03:09 PM   #53 

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