Mtl JP 23:49 GMT September 1, 2016
Friday Trading
nh from janet's jibberjabber: "I believe the case for an increase in the federal funds rate has strengthened in recent months. Of course, our decisions always depend on the degree to which incoming data continues to confirm the Committee�s outlook. '
1) she pi$$es me off with switching to plural (our decision). she sounds like a coward hoping to hide in a crowd
2) degree to which incoming data continues to confirm
one needs to pay attention to the last syllable and nuance of verbal dance on top of eggs
what is the chain of last 3-4-5 job reports
june: 292K
july: 255K
so she throws up at least two exits for her chicken:
degree and continues
Livingston nh 21:41 GMT September 1, 2016
Friday Trading
JP - 200K+ would be considered strong (3 in a row) BUT the Fed speakers have been downsizing the NFP to 125K to 150K as "sufficient to maintain confidence in the Labor Market" -- the labor market is only a concern to FOMC if it is weak (MAY) // inflation target is the KEY for a group (participants and Members) who want to wait until the target is hit (Brainerd group) and even Yellen has often remarked that the Fed can tolerate a period of above target inflation
I include a chart of the Fed's preferred inflation target since 1994 when G'span "shocked" the Bond Market -- I noted on the chart the last time the Fed reached its target -- turned out to be an interesting period // For most of the time PCE ex Food and energy was quite content below the TARGET
Last few weeks a lot of PRINT about deflation in FOOD so maybe that will be the new worry
Mtl JP 21:26 GMT September 1, 2016
Productivity - Inflation
I ve always considered that increasing productivity meant doing more with less. Maybe that is only applicable to micro-economic entity like a business with say 20 -2000 employees, but not as a macro-economic measure formula using GDP
Mtl JP 20:03 GMT September 1, 2016
Friday Trading
what would market think is strong August employment report = ____ that would wake up gamma and see her hurry to press the rate hike button ?
GVI Trading Room john bland 19:49 GMT September 1, 2016
Friday Trading
Reply
2-SEP FRI
12:30 US- Employment
12:30 US/CA- Trade
5-SEP Monday
Holiday- CA/US
All Day- Service PMIs
6-SEP Tuesday
04:30 AU- RBA Decision
09:00 EZ- GDP
13:45 US- Final SVC PMI
14:00 US- ISM PMI
7-SEP Wednesday
00:30 AU- GDP
14:00 CA- BOC Decision
8-SEP Thursday
11:45 EZ- ECB Decision
12:30 US- US- Weekly Jobless
15:00 US- Crude
9-SEP Friday
01:30 CN- CPI
08:30 GB- Trade
12:30 CA- Employment
Trading Themes --
- Thursday saw markets caught long USD when weak ISM Manufacturing PMI was released. This is one of the key statistics the Fed follows. These data raised a new worry about the likelihood of a Fed rate hike on September 21. The focus of trade is now will be on the release of August U.S. Non-farm Payrolls on Friday's N.Y. open.
- Street estimates are for a gain in jobs on the order of 180K in the month. However, there is concern about a statistical quirk in August data that could result in an initial jobs reading of 50K below the prevailing rate. While I do not trust such stories nor would I suggest trading on them, I only mention it because its out there. NFP is a random number and I have never seen anyone who could make consistently accurate forecasts of the data.
- Despite the poor ISM data, a strong August employment report could still serve as a justification for a Fed interest rate hike on September 21. Ironically, U.K. Manufacturing PMI rebounded sharply in August as it corrected after a post-Brexit tumble and manufacturing got a boost from a weaker GBP.
John M. Bland, MBA
co-founder Global-View.com
Mtl JP 19:48 GMT September 1, 2016
CURRENT CONDITIONS: Risk-Off
nh looking at taking long usdcad 1.3075/50 if n when seen
gl 2 me (maybe 2 u 2)
JEddah Abb 18:10 GMT September 1, 2016
GBP/USD-Shorts MORE dreaded chart:(((
GBPUSD
Entry: Target: Stop:
HK RF .. i think there is possibility to break your triangel and send gbpusd can go first to 1.36 and eurgbp possibiluty to see 0.8205..
JEddah Abb 18:10 GMT September 1, 2016
GBP/USD-Shorts MORE dreaded chart:(((
GBPUSD
Entry: Target: Stop:
HK RF .. i think there is possibility to break your triangel and send gbpusd can go first to 1.36 and eurgbp possibiluty to see 0.8205..
dc CB 17:28 GMT September 1, 2016
Not the Onion
PS
because all those who bought the FED Mouths...we gonna Hike and went all in this morning selling treasuries...got their as$ handed to them 15mins into the Cash SToX open
dc CB 17:25 GMT September 1, 2016
Not the Onion
not wanting to be too political here, but really thinking about trading/market moving influences during the next 60 days....Trumping :)) the tired drolling of the FED Mouths and the Will She Won't She game.
That earlier post - Bill Clinton using $16M ExPres perks...is notable that it was a POLITCO "investigative" story. Up until this a Hillary Clinton Defender, mostly for not touching anything like this. As this kind of story could be Tarred as ALT RIGHT by the Clinton Camp, and POLITICO is not AltRight by any streatch.
Time to watch the Politcal Ball and pay less attention to the FED Mouths.
Mtl JP 17:18 GMT September 1, 2016
Thursday Trade
"I do not believe that at this point in the business cycle the current very low level of interest rates is an effective solution to these longer-run issues," Mester
Mtl JP 17:09 GMT September 1, 2016
Not the Onion
dc CB lets say it will be so.
Looking to to make some posipips off the cretins:
- is wallstreet's bet still behind Hillary taking the presidency ?
- an early (i.e cheap) bet on the underdog could be a handsome payout in an upset.
dc CB 17:01 GMT September 1, 2016
Not the Onion
Matt Lauer will moderate the first forum between Hillary Clinton and Donald Trump.
On Wednesday, Sept. 7, NBC News and MSNBC � along with the Iraq and Afghanistan Veterans of America � will host the the Commander-in-Chief Forum in New York City.
It will be a one-hour forum where Clinton and Trump will answer questions about national security, military affairs and veterans issues in front of an audience mainly made up of members of the military.
The two candidates will not be on the stage at the same time, but will instead go back to back.
dc CB 16:11 GMT September 1, 2016
Not the Onion
But even as the Clintons got rich and grew their foundation into a $2 billion organization credited with major victories in the fights against childhood obesity and AIDS � while paying six figure salaries to top aides � Bill Clinton continued drawing more cash from the Former President's Act than any other ex-president, according to a POLITICO analysis. The analysis also found that Clintons� representatives, between 2001, when the Clintons left the White House, and the end of this year, had requested allocations under the Act totaling $16 million. That�s more than any of the other living former presidents � Jimmy Carter, George H. W. Bush and George W. Bush � requested during that span.
The program supplemented the income of Clinton�s staff, while providing them with coveted federal government benefits, alleviating the need for the Clinton Foundation or other Clinton-linked entities to foot the bill for such benefits. Similarly, Clinton aides got the GSA to pay for computer technology used partly by the foundation.
Bill Clinton aides used tax dollars to subsidize foundation, private email support
Mtl JP 16:02 GMT September 1, 2016
Productivity - Inflation
Sign of productivity (sarc) :
Wal-Mart eliminating 7,000 back-office store positions - MarketWatch
GVI Trading Room john bland 15:55 GMT September 1, 2016
BREAKING NEWS:
Atlanta Fed 3Q16 GDP forecast 3.20% vs 3.50% on Aug 29.
PAR 15:26 GMT September 1, 2016
PPT
Reply
Hft buy programs getting started. Some got warned buy PPT,
Mtl JP 15:24 GMT September 1, 2016
Thursday Trade
fwiw voting hawk Mester yaks in approx an hour
Houston TX 15:14 GMT September 1, 2016
NSE
Reply
Regular hours for the National Stock Exchange (NSE) extend from an opening time of 9:15 a.m. to a closing time of 3:30 p.m. local time (11:45 p.m. to 6:00 p.m. EDT, or 10:45 p.m. to 5:00 p.m. EST), Monday through Friday. The National Stock Exchange will be closed for trading to observe a number of holidays throughout the calendar year. Below you will find the NSE holidays schedule for 2016.
NSE holidays
GVI Trading Room john bland 15:08 GMT September 1, 2016
Thursday Trade
S&P selling off
10-yr yield down to 1.573% -0.5bp
nw kw 15:04 GMT September 1, 2016
Not the Onion
add than and short for bond in la la land /profit taking
PAR 15:00 GMT September 1, 2016
PPT
Reply
Yellen on the phone.with PPT. PPT getting ready to act and show that the.US economy is strong. Another last hour stockmarket surge ?
Amman wfakhoury 14:31 GMT September 1, 2016
GOLD 1313.80
Amman wfakhoury 13:55 GMT 08/31/2016
GOLD 1313.80 golden level will be reach.
________________________
1313.80 reached
The only one in the world who confirms the next level
GVI Trading Room john bland 14:12 GMT September 1, 2016
BREAKING NEWS: U.S. ISM Manufacturing PMI Misses
I doubt the September rate hike decision will be made based on the ISM, but it is a closely followed stat. It could raise doubts in the minds of some. NFP tomorrow still trumps everything IF it is very strong.
Livingston nh 14:06 GMT September 1, 2016
BREAKING NEWS:
Both ISM and PMI show drop in new orders and employment
dc CB 14:03 GMT September 1, 2016
BREAKING NEWS:
Hook-Line and Sinker.
fukuoka joyya 14:01 GMT September 1, 2016
long gbp!
Reply
Buy GBPUSD
Entry: Target: Stop:
gbp doing well this week......
GVI Trading Room john bland 14:00 GMT September 1, 2016
BREAKING NEWS:
big miss
Mtl JP 13:45 GMT September 1, 2016
Productivity - Inflation
there would be a difference if measurement expressed in dollars or units per hours worked of all persons.
GVI Trading Room john bland 13:41 GMT September 1, 2016
BREAKING NEWS:
Canada Markit PMI. Weaker, but above the "50" expansion line.
Livingston nh 13:40 GMT September 1, 2016
Productivity - Inflation
GDP per capita is a better measure in a service based economy -- productivity is useful to a business (micro) but not very useful to much on a macro basis
Interesting that it measures NON FARM - the Farms are super productive based on recent price info
HK RF@ 13:40 GMT September 1, 2016
esparate Goldbugs.; Coming up with a new story. hahahah
Reply
Deutsche Bank refuses clients' demand for physical gold
Clients of Germany�s biggest bank who have invested in the exchange-traded commodity Xetra-Gold are facing problems when they want to obtain physical gold, according to German analytic website Godmode-Trader.de.
Xetra-Gold is a bond on the Deutsche B�rse commodities market, and Deutsche Bank is a designated sponsor. On the website, Xetra-Gold says its clients have the right for physical delivery of gold.
�Physically backed: The issuer uses the proceeds from the issue of Xetra-Gold to purchase gold. The physical gold is held in custody for the issuer in the Frankfurt vaults of Clearstream Banking AG, a wholly-owned subsidiary of Deutsche B�rse. In order to facilitate the delivery of physical gold, the issuer holds a further limited amount of gold on an unallocated weight account with Umicore
AG & Co.,� says Xetra-Gold.
However, despite claims that every virtual gram of gold is backed by the same amount of physical gold, clients have been refused the precious metal upon demand.
According to Godmode Trader, its reader �sought physical delivery of his holdings of Xetra-Gold. For this he approached, as instructed by the German B�rse document, his principal bank, Deutsche Bank." However, he was told that �the service� was no longer available for "reasons of business policy". The article went on to say it�s not yet clear whether other banks are still delivering gold through Xetra.
Xetra-Gold says its holdings amount to over 85 tons of gold. �At the same time, the number of deliveries of physical gold has risen to nearly 900, at a total volume of over 4 tons�, and the assets it manages reach �3.5 billion.
Thus, troubles with delivering even small gold amounts to retail clients by Deutsche Bank may indicate that a global physical gold shortage is only growing.
According to the World Gold Council, Germany has the world's second largest gold reserves at 3,381 metric tons. However, there has been a public backlash against the government for keeping most of the country's gold reserves abroad.
The majority of Germany's gold held in country is being stored in Frankfurt. In December 2015 there were reserves of 1,402.5 metric tons. The Deutsche Bundesbank reports it still holds more than 1,347 metric tons of gold in New York, 434.7 metric tons in London and more than 196 metric tons in Paris.
Germany has repatriated more than 177 metric tons from Paris, and about 189 metric tons from New York.
Deutsche Bank refuses clients' demand for physical gold
dc CB 13:22 GMT September 1, 2016
Thursday Trade
Treas market seems to have bought the - we're gonna Hike - line or is it Hook-Line and Sinker.
GVI Trading Room john bland 13:13 GMT September 1, 2016
Productivity - Inflation
U.S. Department of Labor
"In the United States, the productivity of nonfarm workers is measured as the output of goods and services per hour worked. Labor productivity is calculated by dividing an index of real output by an index of hours worked of all persons, including employees, proprietors, and unpaid family workers."
PAR 12:37 GMT September 1, 2016
Productivity - Inflation
Reply
Productivity is very bad . CNBC says it is because productivity is measured in the wrong way .
Inflation is very low also probably because inflation is measured in the wrong way
dc CB 12:19 GMT September 1, 2016
Thursday Trade
Tropical Storm Hermine - last weekend was 99L. coming out of Gulf crossing Fla and riding up the East thru Labor Day. Basically killing the Last Weekend of the Summer for all Atlantic beaches.
So lots of people will NOT be burning up gasoline in their autos, boats, jet skis, private planes....
HK RF@ 11:55 GMT September 1, 2016
GBPUSD 13180 confirmed
HK RF@ 02:18 GMT August 30, 2016
GBP/USD : Reply
Buy GBPUSD
Entry: 1.3080+- Target: 1.3180 Stop: your pocket
THE ONLY ONE IN THE WORLD WHOSE GUESSES MAY COME TRUE.
A BIT HUMBLER STATEMENT THAN THE ONE:)
Probably he copied it from the above. hahaha
GVI Trading Room john bland 11:35 GMT September 1, 2016
Thursday Trade
Equities Risk-On
DAX +45
DJ +37
SP +4
10-yr 1.590% +1.2bp
Amman wfakhoury 11:20 GMT September 1, 2016
GBPUSD 13180 confirmed
LONDON SFH 11:01 GMT 09/01/2016
_________________--
13150 is the golden level ..will be reached.
PAR 11:18 GMT September 1, 2016
USDJPY
Reply
USDJPY targetting 105,00 on weak Japanese economy and NIRP .
LONDON SFH 11:01 GMT September 1, 2016
GBPUSD 13180 confirmed
Amman wfakhoury 10:11 GMT 09/01/2016
Good calls on cable...I have reinstated short cable at 1.3260 and long euro/stg at 8420 fwiw
PAR 10:19 GMT September 1, 2016
Shipping
Reply
Hanjin Shipping's collapse upsets global trade as vessels are turned away from ports
5 Hours Ago
The collapse of South Korea's Hanjin Shipping sent ripples though global trade on Thursday, as the country's largest port turned away its ships and as some manufacturers scrambled for freight alternatives.
Hanjin on Wednesday filed for court receivership after its banks decided to end financial support, and ports from China to Spain, the United States and Canada have refused entry to Hanjin vessels in what is traditionally the industry's busiest season ahead of the year-end holidays.
An official with Hanjin Shipping in Busan confirmed that its vessels were not entering the southern city's port as container lashing providers deny service on concerns that they will not be paid. The company was also worried that the ships may be seized by creditors.
LG Electronics, the world's No.2 maker of TVs, told Reuters it was cancelling orders with Hanjin and was seeking alternatives to ship its freight.
Amman wfakhoury 10:11 GMT September 1, 2016
GBPUSD 13180 confirmed
Amman wfakhoury 14:43 GMT 08/31/2016
Buy and add buy till 13134 first then 13185
________________________
13185 reached
The only one in the world who confirms the next level
nw kw 09:05 GMT September 1, 2016
Thursday Trade
consistently accurate forecasts of past last September stimulus hit ca big and usa? some cars.
LONDON SFH 09:05 GMT September 1, 2016
BREAKING NEWS:
PAR 08:34 GMT 09/01/2016
Of course.....the UK is a great economy demonstrated by the confidence the world is showing in it valued by currency rate,,,,
GVI Trading Room john bland 08:43 GMT September 1, 2016
Thursday Trade
1-Sep THU
All Day Mfg PMIs
12:30 US- Weekly Jobless
2-SEP FRI
12:30 US- Employment
12:30 US/CA- Trade
Trading Themes --
- The focus of trade is now on Friday's release of August U.S. Non-farm Payrolls. Street estimates are for a gain in jobs on the order of 180K in the month. However, there is chatter of a statistical quirk that could result in reading of 50K below the prevailing rate. I do not trust such a story, nor would I suggest trading on it. I only mention it because its out there. NFP is a random number and I have never seen anyone who could make consistently accurate forecasts of the data.
- The ADP Private payrolls survey for August saw a gain of +177K vs. a revised +194K in July. The ADP data are in line with street estimates for +180K. However, keep in mind that the ADP report notoriously is an unreliable predictor of NFP.
- A strong August employment report could serve as a justification for a Fed interest rate hike on September 21).
- So far August final Manufacturing PMI's have been mostly lackluster at best. The U.K. Manufacturing PMI has rebounded sharply in August due to the weaker GBP.
- There is new murmuring in the markets that U.K. PM May's commitment to Brexit may be wavering. The major focus now is the timing of when she will invoke article 50.
John M. Bland, MBA
co-founder Global-View.com
PAR 08:34 GMT September 1, 2016
BREAKING NEWS:
Already Brexit is boosting UK economy . How wrong can banks , politicians , central bankers, the IMF and world famous economists be .
GVI Trading Room john bland 08:32 GMT September 1, 2016
BREAKING NEWS:
Major beat in UK PMI. GBP surged higher. Weak GBP seen as stimulus.
PAR 08:26 GMT September 1, 2016
CURRENT CONDITIONS: Risk-On
Lower oil , stronger dollar and central bank interventions giving a boost to world stock markets ahead of G20 meeting in China and US labor day holiday weekend .
HK Kwun 07:59 GMT September 1, 2016
Good ADP data
Sell Gold
Entry: 1311 Target: Stop: 1321
who said buy gold? LOL, stupid ab, even master wfakhoury said 1313.8 can't help you this time,
PAR 06:36 GMT September 1, 2016
Risk On - Central Banks
Reply
Central banks actions are pushing stocks and bonds higher whatever happens in the real world .
SHanghai SH 05:48 GMT September 1, 2016
Re: New passport
Reply
Sell OTHER
Entry: Target: Stop:
We specializes in personal efforts service including international moving. We mainly service for immigrants , foreign staffs ,tourists , students abroad,merchants, diplomatic personnel etc . Using superior packaging service,freight service and huge network system , we dedicate to providing customers with high-quality service.
HK RF@ 04:22 GMT September 1, 2016
UK Gov. has no Brexit plans, but blowing lot of hot air.
Reply
And the Big money + the bankers, are huffing and puffing at the dark :"DO NOT BREXIT, OR WE ARE FINISHED".
It is important not to disregard this submarine activities.
And if Brexit will blowoff, many coffins will be needed.
dc CB 02:33 GMT September 1, 2016
Wednesday Trading
john bland 19:14 GMT 08/31/2016 -
Interesting comment on CNBC.
+++++++++++++++++++++++++++++++++++++++++++
�We can�t say for sure what would have happened without the repurchase, but it really looks like the stock would have kept going down because of the decline in fundamentals� these repurchases seem to hold up the stock price.� Edward Swanson
Central bankers also want their position of authority over the global economy to become a public priority. Ten years ago, when I asked average people what they knew about the Federal Reserve, most of them responded with confusion. They had never heard of the institution, let alone what its function was. Today, almost everyone knows about the Fed, but there is also an assumption attached that central banks, whether they are successful or not, are supposed to maintain economic stability.
The brave new world of central banking is a plan to expand on this corrupt correlation. That is to say, the general public and the mainstream should be questioning whether central banks should exist at all. Instead, people are arguing over what policies are better for central banks to adapt. The existence of central banks is considered an absolute. The masses are only given the option to debate what faces and what hats central banks should wear. If we get anything out of this deal, we only get to choose the form of our destructor.
The Central Banks Are Now Ready To Launch Their 'Brave New World'
Hong Kong 02:10 GMT September 1, 2016
AceTrader Sept 1: Intra-Day Market Moving News and Views USD/JPY
Reply
Intra-Day Market Moving News and Views
01 Sep 2016 02:00GMT
USD/JPY - ...... The greenback resumed its recent ascent and rose to a fresh 4-week peak at 103.53, helped by the release of upbeat U.S. jobs data. However, lack of follow-through buying triggered profit-taking and price retreated to 103.25 in New York, then lower to 103.10 in Tokyo morning.
There is a slew of data to be released today from U.S. but one should pay particular attention to jobless claims (12:30GMT) and manufacturing PMI (13:45GMT).
Street forecasts are 265K and 52.1 vs previous readings of 261K and 52.1 respectively.
Bids are now lowered to 102.90/00 and more below at 102.70/80 with stops building up below there whilst initial offers are noted at 103.70/80, suggesting further choppy trading would be seen.
dc CB 02:08 GMT September 1, 2016
See that flag pole over younder
nh 22:18
The 20th amendment deals with that.
Used as a plot line. the Ruskies plan to take over.
for a pretty good read over the long weekend.
The 14th Colony
http://steveberry.org/books/the-14th-colony/synopsis/
20th
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