Livingston nh 22:34 GMT October 17, 2016
BREAKING NEWS:
Fischer made clear, despite all the rhetoric, that the Fed is relying on the mythical unknowable R* and he takes his cue from the markets not data dependent (see Fed Funds at prior times when the "preferred" inflation rate was at these levels and unemployment was at 5%) -- and he, like Yellen, was worried about recession issues
GVI Trading john bland 21:46 GMT October 17, 2016
BREAKING NEWS:
New Zealand 3Q16 CPI
-- ALERT --
QQ: +0.20% vs. +0.00% exp. vs. +0.40% prev.
YY: +0.20% vs. +0.10% exp. vs. +0.40% prev.
TTN: Live News Special Offer
GVI Trading john bland 19:49 GMT October 17, 2016
Tuesday Trading
Reply
WEEKLY HIGH IMPACT NEWS:
18-Oct Tue
08:30 GB- CPI
12:30 US- CPI
19-Oct Wed
00:30 AU- Employment
02:00 CN- GDP
08:30 GB- Employment
12:30 US- Housing Starts/Permits
14:00 CA- BOC Policy Decision
14:30 US- EIA Crude
18:00 US- Beige Book
20-Oct Thu
08:30 GB- Retail Sales
11:45 EZ- ECB Decision
12:30 US- Philly Fed
12:30 US- Weekly Jobless
14:00 US- Existing Homes Sales
21-Oct Fri
12:30 CA- CPI
12:30 CA- Retail Sales
Trading Themes--
- U.K and U.S. CPI data are the major data foci for Tuesday.
- U.K. Gilt yields were up sharply on worry about higher inflation due to the weaker GBP. The BOE has made it clear that it would ignore for now an inflation overshoot.
- U.S. manufacturing data Monday saw disappointing Industrial Production and Empire State PMI reports. The economy appears to be slowing.
- Fed Chair Yellen sent no signals in her mid-afternoon speech Friday, which turned out to be a purely academic presentation. Indirectly she seemed to be preparing the markets for a sustained period of above target inflation.
keep your ears perked for more on this.
- As for the U.S. Presidential election contest, it seems the Republican party leadership sees it as a lost cause are are focusing now on trying to salvage the House and Senate races.
John M. Bland, MBA
co-founder Global-View.com
CURRENT CONDITIONS: Risk-Off
GVI Trading john bland 17:08 GMT October 17, 2016
BREAKING NEWS:
Fischer concludes Q&A
Mtl JP 17:06 GMT October 17, 2016
BREAKING NEWS:
..."Now, I am sure that the reaction of many of you may be, "Well, if you and your Fed colleagues dislike low interest rates, why not just go ahead and raise them? You are the Federal Reserve, after all." One of my goals today is to convince you that it is not that simple, and that changes in factors over which the Federal Reserve has little influence--such as technological innovation and demographics--are important factors contributing to both short- and long-term interest rates being so low at present.
There are at least three reasons why we should be concerned about such low interest rates. First...
Fischer At The Economic Club Of New York, New York, New York, October 17, 2016, Why Are Interest Rates So Low? Causes And Implications
dc CB 17:03 GMT October 17, 2016
IT IS ALL OVER. She already won
Remember me ranting about Oct 1, the date Obama gave away control of the Internet...and the 1st Ammendment implications.
___________________________________________________
Turned off Assange's internet.
CNN’s Chris Cuomo told viewers it is illegal for them to possess emails leaked by the website WikiLeaks, and as a result they could not read them and had to rely entirely on the media to learn about their content.
PS: Chris Cuomo's brother Andrew is the Govenor of NY State.
CNN says it's ILLEGAL for you to read the Wikileaks/Hillary Clinton emails
GVI Trading john bland 16:53 GMT October 17, 2016
BREAKING NEWS:
Fischer
-- not in deep trouble on policy
-- Would not like to raise target level.
-- Should not mess with current framework.
-- Close to inflation target
Source: TTN
GVI Trading john bland 16:23 GMT October 17, 2016
BREAKING NEWS:
'Im surprised that Fischer did not say anything. Maybe he has become gun-shy? I don't take this as some sort of signal.
GVI Trading john bland 16:19 GMT October 17, 2016
BREAKING NEWS:
Fischer
-- Low rates make economy more vulnerable to shocks.
-- no comments on future timing of rate increases.
Source: TTN
HK [email protected] 16:16 GMT October 17, 2016
IT IS ALL OVER. She already won
Can that Republican mantra crying: "Oh she has already won", "Oh the election is so rigged and fixed". STOOOOP?
She will not win, most of the independent votes will go to trump, and Trump is the next president.
Plan your positions in accord!!!
dc CB 15:51 GMT October 17, 2016
IT IS ALL OVER. She already won
so FBI docs confirm Wikileaked emails.
__________________________________________
Reuters Mon Oct 17, 2016 - 10:48am EDT
Undersecretary of State Patrick Kennedy pressured the FBI to unclassify certain emails from Hillary Clinton's private server that were previously deemed classified, according to FBI documents released Monday that cited redacted sources.
In the documents, an unnamed person interviewed by the FBI said Kennedy contacted the FBI to ask for the change in classification in "exchange for a 'quid pro quo.'"
State Department's Kennedy pressured FBI to unclassify Clinton emails: FBI documents
Mtl JP 15:38 GMT October 17, 2016
BREAKING NEWS:
GVI Trading john bland 17:03 GMT October 14, 2016
BREAKING NEWS:: Reply
Rig Counts continue to rise
GVI Trading john bland 17:02 GMT October 14, 2016
BREAKING NEWS:: Reply
US Weekly Baker-Hughes Rig Count
U.S. Data Charts
ALERT
Total (inc gas) U.S.: 539 vs 524 (+15) prev
US (oil): 432 vs. 428 (+4) prev
-
and the so what trading opp lesson:
monday crude promptly goes S of $50 by 54 cents, or 1.1%, to $49.81/bbl.
global-view puts out a LOT of data, be it economic or financial.
making use of it and turning it into a trade is a personal responsibility
GVI Trading john bland 14:18 GMT October 17, 2016
Monday Trading
I missed Fischer when calendar was loaded, but I have been including his speech on the Forum.
Mtl JP 14:15 GMT October 17, 2016
Monday Trading
respectfully... gv econ calendar giving risk rationf of "A" to
17/10/16 17:35 A EZ Draghi con: n/a pre: n/a
is probably an unwarranted over-rating.
Cretin mario is scheduled to spew (along w/weidman) some "welcoming remarks"
Not sure why mario is on the calendar but not fischer who spouts before him.
GVI Forex Blog 14:10 GMT October 17, 2016
GVI Data Calendar for 18 October 2016
Reply
October 17, 2016 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thursday, October 18, 2016.
- Far East: NZ- CPI
- Europe: GB- CPI
- North America: US- CPI, NAHB, TIC Data, API
WEEKLY HIGH IMPACT NEWS:
17-Oct Mon
09:30 EZ- final HICP
13:15 US- Industrial Production
18-Oct Tue
08:30 GB- CPI
12:30 US- CPI
19-Oct Wed
00:30 AU- Employment
02:00 CN- GDP
08:30 GB- Employment
12:30 US- Housing Starts/Permits
14:00 CA- BOC Policy Decision
14:30 US- EIA Crude
18:00 US- Beige Book
20-Oct Thu
08:30 GB- Retail Sales
11:45 EZ- ECB Decision
12:30 US- Philly Fed
12:30 US- Weekly Jobless
14:00 US- Existing Homes Sales
21-Oct Fri
12:30 CA- CPI
12:30 CA- Retail Sales
GVI Data Calendar for 18 October 2016
Mtl JP 14:04 GMT October 17, 2016
Monday Trading
heading into yr close and SnP 500 still has 2 ytd gaps left un-addressed
Q about SnP gap closes:
a) will they
b) won't they ?
tia
GVI Trading john bland 13:53 GMT October 17, 2016
Monday Trading
DAX -50
DJ-29
SP -3
10-yr 1.773% -1.8bp
Mtl JP 13:49 GMT October 17, 2016
American Debt
more moRE debt... = new trading opp
ps / PAR try collecting from someone who can print, is aggressive and who is nuclear armed ?
good luck sister
PAR 13:44 GMT October 17, 2016
American Debt
Reply
American debt is becoming unsustainable , whoever is elected president will have to cope with that problem .
Mtl JP 13:43 GMT October 17, 2016
Monday Trading
john bland 13:28 yes he has.
Lets use him to try to make some posipips.
GVI Trading john bland 13:28 GMT October 17, 2016
Monday Trading
Fischer has been sending misleading hawkish signals for well over a year. Take what he says with a grain of salt. Janet is calling the shots.
LONDON SFH 13:28 GMT October 17, 2016
Euros days numbered
jp
The EU project as you call it is over 40 years old and that is longer than most of Europe has ever managed to keep the same borders so its historical comparisons stand up pretty well so far..
Mtl JP 13:19 GMT October 17, 2016
Monday Trading
I am currently and still keeping robot to trade eurdlr from the short side only.
Just noticed hopefully useful for making some posi-pips cretin Fischer is scheduled to yak 15mins after NY noon. Hold on...
TOPIC: low interests
GVI Trading john bland 13:19 GMT October 17, 2016
BREAKING NEWS:
Industrial Production misses modestly.
Livingston nh 13:05 GMT October 17, 2016
Euros days numbered
Issing's ECB comments may get a new application "if" Portugal gets downgraded -- still surprised that sovereigns and their bureaucrats care about ratings agencies
Mtl JP 12:59 GMT October 17, 2016
Euros days numbered
SFH - remember my post to "frannkfurt" ? :-)
sometimes one reads things on g-v first before anywhere else !
-
re euro, ecb and EU:
this is a concept that goes back now I think around 60 years.
Europe has had the misfortune of being populated by a small group of people who think of themselves as "royal"... "leaders" ... "elites"...
I call them "princes".
And this unfortunate group of people think they are necessary to guide others in how to lead their lives. The french word for them is "dirigist".
One such example is the character that currently prances around as French PM Hollande.
The EU and their Euro is nothing more than a modern day version of their older-days castles: control over and taxation of their "subjects".
In the meantime... re Euro: it is a just a current tool to be (ab)used to generate , preferably, "wealth". No-one beside the ultimate clueless adherents / zealots / useful idiot believers in the EU project should shed a tear if n when the project collapses. The only loss will be similar to that compared to the monetary exchange between "ancien franc" and "nouveau franc" in 1918 - 1928 France.
I dare suggest you and I have only one duty: to exploit for profit the "elites", their project and the project's tool (euro) and to preserve any thusly accumulated wealth.
Livingston nh 12:40 GMT October 17, 2016
Euros days numbered
SFH - thanx - wary of excuse for short covering
nw kw 12:39 GMT October 17, 2016
FED - BIG US BANKS
US economy all I can find usa lumber in demand from builders indicating fed can move.
Haifa ac 12:35 GMT October 17, 2016
BREAKING NEWS:
Empire always strikes back.
LONDON SFH 12:32 GMT October 17, 2016
Euros days numbered
Hi nh
I am pretty sure this one will quickly wing its way to the highest court so a final ruling will be taken...whatever happens this week will be appealed so just an indication..
PAR 12:31 GMT October 17, 2016
BREAKING NEWS:
Yellen s idea of running a Red Hot US economy ? LOL
GVI Trading john bland 12:31 GMT October 17, 2016
BREAKING NEWS:
Empire PMI much weaker than expected.
Livingston nh 12:25 GMT October 17, 2016
Euros days numbered
SFH - any thots on this week's decision by the UK court on Parliament role in Brexit negotiation? Is there an appeal process available?
PAR 12:19 GMT October 17, 2016
FED - BIG US BANKS
Reply
Fed speak helping US banks make big trading profits .
Fed is there for the banks profits not for the American people or the US economy , just to help US banks make profits.
GVI Trading john bland 11:56 GMT October 17, 2016
Monday Trading
October 17 Speech -- Vice Chairman Stanley Fischer
Low Interest Rates At the Economic Club of New York Luncheon, New York, New York 12:15 p.m. ET
PAR 11:37 GMT October 17, 2016
BAC
Reply
Again big earnings beat on fixed income trading . US banks seem to be brilliant traders .
GVI Trading john bland 09:33 GMT October 17, 2016
Monday Trading
Equities Risk-Off
DAX: -79
DJ: -69
SP: -8
10-yr 1.805% +1.4bp
nw kw 09:16 GMT October 17, 2016
Monday Trading
18-Oct Tue/ market looking at eur trade deal for cad, if eur can accomplish this its indication eur might start to work as union? long euraud looking tempting?
GVI Trading john bland 09:01 GMT October 17, 2016
BREAKING NEWS:
Final EZ HICP (CPI) September 2016
ALERT
yy: +0.40% vs. +0.40% exp. vs. +0.40% prev.
HICP core
yy: +0.80% vs. +0.80% exp. vs. +0.80% prev.
TTN: Live News Special Offer
GVI Trading john bland 08:34 GMT October 17, 2016
Monday Trading
WEEKLY HIGH IMPACT NEWS:
17-Oct Mon
09:30 EZ- final HICP
13:15 US- Industrial Production
18-Oct Tue
08:30 GB- CPI
12:30 US- CPI
19-Oct Wed
00:30 AU- Employment
02:00 CN- GDP
08:30 GB- Employment
12:30 US- Housing Starts/Permits
14:00 CA- BOC Policy Decision
14:30 US- EIA Crude
18:00 US- Beige Book
20-Oct Thu
08:30 GB- Retail Sales
11:45 EZ- ECB Decision
12:30 US- Philly Fed
12:30 US- Weekly Jobless
14:00 US- Existing Homes Sales
21-Oct Fri
12:30 CA- CPI
12:30 CA- Retail Sales
Trading Themes--
- U.K. Gilt yields are up sharply today on worry about higher inflation due to the weaker GBP. The BOE has made it clear that it would ignore for now an inflation overshoot.
- Today sees Industrial Production and the Empire State PMI from the U.S.
- Friday saw mixed data from the U.S. Nevertheless, the USD ended the week with forward momentum. Fed Chair Yellen sent no signals in her mid-afternoon speech, which turned out to be a purely academic presentation. Maybe there is significance in that she had no signal to send?
- As for the U.S. Presidential election contest, it seems the Republican party leadership sees it as a lost cause are are focusing now on trying to salvage the House and Senate races.
John M. Bland, MBA
co-founder Global-View.com
CURRENT CONDITIONS: Mixed Markets
Haifa ac 07:32 GMT October 17, 2016
IT IS ALL OVER. She already won
Reply
According to Washington Post this morning:
WASH POST LEAD MONDAY: CLINTON ALREADY WON!
As Trump stumbles, Clinton weighs a striking choice: Expand the map or stick to the plan
By John Wagner, Abby Phillip and Jose A. DelReal October 16 at 6:58 PM
Democratic presidential nominee Hillary Clinton faces a striking choice in the final three weeks of the campaign: to expand her efforts to states that Democrats haven’t won in a generation, or to stay a current course that, if conditions hold, would deliver her a resounding electoral college victory.
After two tumultuous weeks focused on Donald Trump’s behavior toward women, Clinton is ahead in nearly all of the key battleground states where her campaign has directed the most resources, according to many recent polls. But some once-solidly Republican states — notably Arizona, Georgia and Utah — now also appear to be in play.
Clinton aides said they see advantages to running up the score in the electoral college, where 270 votes wins the White House. Victories in unexpected places could boost that total, handing her more of a mandate come January and decreasing
https://www.washingtonpost.com/politics/as-trump-stumbles-clinton-weighs-a-striking-choice-expand-the-map-or-stick-to-the-plan/2016/10/16/f0f77470-93a7-11e6-bb29-bf2701dbe0a3_story.html
Trade accordingly.
PAR 07:19 GMT October 17, 2016
ECB - Deutsche Bank
Reply
ECB to do new stress test for Deutsche Bank with exact figures ?
Hong Kong 06:45 GMT October 17, 2016
AceTrader Oct 17: Daily Recommendations on Major EUR/USD
Reply
Update Time: 17 Oct 2016 05:20 GMT
EUR/USD - 1.0971
Euro's resumption of recent downtrend to a fresh 10-week trough of 1.0970 near Friday's New York close, then to 1.0964 in Asia today suggests price would remain under pressure and head to key daily sup at 1.0912 (June's low) after consolidation, oversold condition is likely to prevent steep fall today and reckon 1.0880/85 would contain weakness.
Expect 1.1025/30 to hold and yield aforesaid decline and only above 1.1060 (Friday's high in Australia) would dampen present bearish scenario on the euro.
Livingston nh 00:34 GMT October 17, 2016
Fed Policy Back In Play Once Again
There are two things that some folks don't understand about this election -- because of the Electoral College it is possible to be crushed in states like California and New York (coastal elites) and still emerge victorious, it is a very tricky process especially before the census readjustments
The second thing is the 3rd party aspect of this race - John Anderson and Ross Perot (some folks throw in Nader in 2000 altho GORE was so bad he couldn't even win his HOME state of TN -- George Wallace actually took Electoral Votes
There are no issues just personality on offer here so WHO votes is the KEY - is this a country of deplorables or a country of elites?
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