Mtl JP 20:40 GMT October 15, 2018
BREAKING NEWS
A bit stale by now so just for the record:
Italy has approved budget bill, sent plan to Brussels: PM Conte
ROME (Reuters) - Italy’s cabinet on Monday approved the country’s expansionary 2019 budget bill, Prime Minister Prime Minister Giuseppe Conte said.
Conte told reporters the budget “keeps our promises while keeping public accounts in order”, adding that the government had sent the budget framework to the European Commission in Brussels for its review.
Mtl JP 20:32 GMT October 15, 2018
Tuesday Trading Checklist 16 October 2018
EURO 1.1579
.
Seeing as 1.1530 held off support and said that euro is closer to 1.16 than away from it... 1.1610 continues to be at risk. Breach N would open uP 1.17 +/- 25 pips.
GVI Forex Blog 19:55 GMT October 15, 2018
Tuesday Trading Checklist 16 October 2018
Reply
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Tue 16 Oct 2018
AA 08:30 GB- Employment
A 09:00 DE- ZEW Survey
A 13:15 US- Industrial Production
Wed 17 Oct 2018
AA 08:30 GB- CPI
A 09:00 EZ- Final HICP
A 12:30 US- Housing Starts/Permits
A 14:00 US- Existing Homes Sales
A 14:30 US- EIA Crude
AA 18:00 US- Fed Policy Minutes
Thu 18 Oct 2018
A 1:30 AU- Employment
AA 08:30 GB- Retail Sales
A 12:30 US- Weekly Jobless
Fri 19 OCt 2018
AA 12:30 CA- CPI/ Retail Sales
John M. Bland, MBA
co-founding Partner, Global-View.com
Tuesday Trading Checklist 16 October 2018
PAR 19:49 GMT October 15, 2018
TRUMP - SAUDI
Trump will ask Saudi's for more investments in the USA and everything what happened is forgotten .
PAR 19:45 GMT October 15, 2018
TRUMP - SAUDI
Reply
Trump backs Saudi's a he needs their money.
Livingston nh 19:18 GMT October 15, 2018
Brexit
From Guardian:
The prime minister, Theresa May, has been invited to address her fellow EU leaders on Wednesday as she insists a deal remains “achievable”.
In a letter to European Council members, the EU president, Donald Tusk, says the Brexit negotiations have “proven to be more complicated than some may have expected”
PM (aka The Black Knight) recovering from the last "flesh wound" returns to the Field
TUSK (aka Captain Obvious) surprised?
I'm sure it will be different this time
Livingston nh 18:24 GMT October 15, 2018
Brexit
jp - a goodly move on a downward reaction
Mtl JP 17:55 GMT October 15, 2018
Winners and Losers
Winners and Losers
----------------------
Over the med term, which do you think will trump as the directional driver for USD:
A) relative yield / interest rate
or
B) US structural deficits
AND ... in which direction ? TIA
Mtl JP 17:44 GMT October 15, 2018
Brexit
nh what does "react badly" mean ?
say vs "react goodly" be ?
Livingston nh 17:41 GMT October 15, 2018
Brexit
UK has added nothing to Brexit - EU is standing on principles // Is a NO DEAL in the GBP? or EUR? -- one or both will react badly this week
Mtl JP 16:46 GMT October 15, 2018
BREAKING NEWS
Addendum to YELLEN: THIS TIME MIGHT BE DIFFERENT:
“I don’t believe that President Trump’s comments will change what the Fed is doing,”
"At the same time, politicizing the Fed risks damaging the institution"
“Obviously presidents can speak out if they choose to and give their opinions about policy. There’s no law against that, but I don’t think it’s wise,” Yellen
Yellen, inlike GV's john, thinks jerome should continue to bulldoze on with rate hikes to get them to neutral, loosely defined by the Fed as around 3% level.
Mtl JP 16:07 GMT October 15, 2018
BREAKING NEWS
I am expecting that the late afternoon Currency Report by munchkin's department will be an unmitigated joke (primarily on munchkin the clown) as Sanders confirmed that "that the president is the final decision-maker.”
To be labeled CCY manipulator by munchkin:
The criteria established by Congress include: a minimum $20 billion trade surplus with the U.S.;
a current account surplus in excess of 3 percent of GDP; and
repeated interventions in currency markets.
Mtl JP 15:46 GMT October 15, 2018
BREAKING NEWS
nh as long as GBP does not go over 1,3190-ish
theresa deserves kudos
and I am keeping a nega-bias
Livingston nh 15:38 GMT October 15, 2018
BREAKING NEWS
PM May serves another plate of FUDGE (she refuses a FIRM date on temporary)-- nothing's changed since September's Salzburg meet and greet -- she may as well stay home on Weds
GVI Forex Jay Meisler 15:07 GMT October 15, 2018
BREAKING NEWS
AT has a one hour trendline at 1,2973, hit it dead on (last 1.2981)
Breakdown level was 1.3002 so bearish while below it
The Amazing Trader
GVI 15:06 GMT October 15, 2018
BREAKING NEWS
DUP Leader Foster: Hopes to get a sensible deal on Brexit; Wants same deal for NI as the whole of the UK
Same Brexit for whole of UK is the red line, need a cool head on Brexit
- We cant have economic barriers between Britain and Norther Ireland- Want no internal barriers in the UK
- Source TradeTheNews.com
- Source TradeTheNews.com
Toronto KH 15:04 GMT October 15, 2018
BREAKING NEWS
Is there any news out on the CAD? USDCAD is falling like a stone.
GVI 14:42 GMT October 15, 2018
BREAKING NEWS
PM May: we have made progress on Northern Ireland issue; the shape of our exit deal is now clear - comments to Conservative party - A backstop is needed in case of future setup not being ready in time; cannot accept a border in the Irish Sea; backstop needs to be temporary - Creating any customs border is not acceptable - Backstop should not need to come into force, but if it does it needs to be temporary - EU and UK have profound responsibility to protect hard-won peace in Northern Ireland; future economic partnership should provide solutions for Northern Ireland - There is broad agreement on framework for future relationship - EU has agreed to explore a UK-wide backstop; EU still requires a backstop to the backstop - A negotiated deal with the EU is achievable- Does not think EU and UK are far apart at this point - Source TradeTheNews.com
dc CB 14:31 GMT October 15, 2018
BREAKING NEWS
Yellen is speaking at a Mortgage Bankers Association conference in Washington:
*YELLEN SAYS 3% GROWTH IS TERRIFIC BUT DOESN'T THINK IT CAN LAST
*YELLEN: INVERTED YIELD CURVE A GOOD RECESSION SIGNAL IN PAST
*YELLEN: THIS TIME MIGHT BE DIFFERENT ON YIELD CURVE SIGNAL
*YELLEN: FED NEEDS TO MOVE RATES TO NEUTRAL, STABILIZE LABOR MKT
*YELLEN: NOT DESIRABLE FOR A PRESIDENT TO COMMENT ON FED POLICY
*YELLEN: POLITICIZING FED POLICY RISKS UNDERMINING INSTITUTION
__________________________________________________
"Gammy" if she's won I'd still be FED Chair Yellen
Mtl JP 14:27 GMT October 15, 2018
BREAKING NEWS
Why keep quiet:
1) opinions are like buttholes - everyone has one
2) buttholes, once in a while , let out puff of perfume
It is natural , but to trading or trade ideas their releasing of a perfume bubble here and there is inconsequential as u can see from price-action.
--
Reminder:
The Stock market is a DISCOUNTING mechanism for future cash flow streams.
It is NOT a self fulfilling prophecy.
Mkt had priced in 18% earnings growth.
Ponder the odds of slowing vs accelerating economy
UK JY 14:18 GMT October 15, 2018
BREAKING NEWS
Hey Abel, don't be fooled by short term swings in cable until there is a definitive resolution to Brexit one way or the other.
GVI 14:12 GMT October 15, 2018
BREAKING NEWS
Former Fed Chairs are supposed to keep quiet?
GVI 14:11 GMT October 15, 2018
BREAKING NEWS
Former Fed Chair Yellen: 3% growth is terrific but doesn't think it can last - Fed should move rates to neutral and stabilize the labor market- Yield curve may be different this time, inverted Yield curve a good recession signal in the past - Source TradeTheNews.com
dc CB 13:33 GMT October 15, 2018
Crude
Reply
*TRUMP SAYS HIS CALL WITH SAUDI KING LASTED ABOUT 20 MINUTES
*TRUMP SAYS DENIAL FROM SAUDI KING WAS VERY STRONG
Livingston nh 13:29 GMT October 15, 2018
Brexit
Reply
The daily dose of Brexit - today's episode will feature PM May trying to square the circle again while both the Irish and the Scots wail like banshees in the background
The only event (not TALK) occurs on Weds when the OW&B EU leaders gather to determine if November "Summit" is necessary - another squishy deadline -- Macron may say 'non' if the HOPE of a deal is negligible // Long shot is the EU folds its stall and favors "NO MORE" - but very much out of character as Past Performance has the favorite as "CAN KICKING"
Until Weds Cable slips back towards sub 1.31
dc CB 13:28 GMT October 15, 2018
May speech
If there is a BlueWave ---voting in an AntiTrump Congress, could that be used as evidence that the move toward "nationalism" is on shakey ground.
dc CB 13:24 GMT October 15, 2018
May speech
remember remember the 6th of November.
Consider that this Brexit "to and fro" is another decision that's waiting on the results of the US MidTerms.
If there is a BlueWave and the voters on Trump---voting in an AntiTrump Congress, that be evidence that the move toward "nationalism" is on shakey ground. Implications are for the stance of the EU in its attitude toward Brexit and Italy.
Is Missey May just playing the stall game until then? And if Trump's America First agenda gets voted down on Nove 6, can the EU see the way to become more agressive in its moves to crush nationalism.
Belgrade Knez 13:15 GMT October 15, 2018
May speech
nh
thank you
Livingston nh 13:11 GMT October 15, 2018
May speech
KNEZ- With trepidation I have after 3:30PM London -- all subject to delay
GVI Forex Jay Meisler 13:03 GMT October 15, 2018
Amazing Trader Update
Reply
EURUSD 1.1605
Firmer EURGBP currently behind firmer EURUSD
Key now is whether there are stops above 1.1610 or sellers at the top of the range (failure to break 1.1610 would maintain the current range) with a key 1.1630 and 1.1650 AT resistance above it.
All spelled out in real-time on the Amazing Trader.
The Amazing Trader
Belgrade Knez 12:52 GMT October 15, 2018
May speech
Reply
Anyone knows when Theresa May is due to speak today, please?
GVI Trader john 12:33 GMT October 15, 2018
BREAKING NEWS
U.S. Retail Sales September 2018

ALERT
Headline: +0.10% vs. +0.40% exp. vs. +0.30% (r ) prev.
Core (x-a& g): -0.10% vs. +0.70% exp. vs. +0.10% (r+0.20% ) prev.
TTN: Live News Special Offer
-----
Empire PMI October, 2018
NEWS ALERT
21.1 vs. 20.4 exp. vs. 19.0 prev.
TTN: Live News Special Offer
Mtl JP 12:08 GMT October 15, 2018
BREAKING NEWS
The Margin Calls that went out last week should be settled by today.
We ll find out if things stabilize somewhat tomorrow.
PAR 12:05 GMT October 15, 2018
USDJPY
Reply
Long USDJPY 111.85 . Stop 111.45 . Target open .
Mtl JP 11:51 GMT October 15, 2018
BREAKING NEWS
after.. it is back to market's "what does not maim or kill you disappoints me" normal
jkt abel 11:44 GMT October 15, 2018
BREAKING NEWS
and what after? make bottom and rise?
Mtl JP 11:34 GMT October 15, 2018
BREAKING NEWS
It was meant to close the GAP
jkt abel 11:20 GMT October 15, 2018
BREAKING NEWS
seems like a deal is reached judging from price action?
GVI Forex 11:02 GMT October 15, 2018
BREAKING NEWS
Not sure what this means but GBPUSD popped up on this
06:57 (EU) EU Commission said to accept UK backstop but wants one of its own - financial press
- EU said to see its backstop as the ultimate fallback guarantee in Treaty
- Source TradeTheNews.com
GVI 10:39 GMT October 15, 2018
BREAKING NEWS
Reply
Govt spokesperson Slack: There remains big issues to be resolved on Brexit (in-line with weekend press) - Considers Irish sea customs border as unacceptable - Source TradeTheNews.com
GVI 09:05 GMT October 15, 2018
JPY
Reply
JPY the outperfirmer in risk off start to the week and Mnuchin coments
We posted this on GVI Forex over the weekend but lost in news dump. Brexit, Bavaria, Saudiz Arabia
NUSA DUA, Indonesia (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Saturday Washington would like to include a provision to deter currency manipulation in future trade deals, including with Japan..RTRS
GVI Forex Blog 09:03 GMT October 15, 2018
Monday Trading Checklist 15 October 2018
Reply
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Mon 15 Oct 2018
AA 12:30 US- Retail Sales
Tue 16 Oct 2018
AA 08:30 GB- Employment
A 09:00 DE- ZEW Survey
A 13:15 US- Industrial Production
Wed 17 Oct 2018
AA 08:30 GB- CPI
A 09:00 EZ- Final HICP
A 12:30 US- Housing Starts/Permits
A 14:00 US- Existing Homes Sales
A 14:30 US- EIA Crude
AA 18:00 US- Fed Policy Minutes
Thu 18 Oct 2018
A 1:30 AU- Employment
AA 08:30 GB- Retail Sales
A 12:30 US- Weekly Jobless
Fri 19 OCt 2018
AA 12:30 CA- CPI/ Retail Sales
John M. Bland, MBA
co-founding Partner, Global-View.com
Monday Trading Checklist 15 October 2018
HK [email protected] 07:54 GMT October 15, 2018
Gold shorts
.
So your data looks bullish-gold where almost all retail traders are long!
A sharp correction may strike at anytime.
SaaR KaL 07:42 GMT October 15, 2018
Gold shorts
Reply
Symbol XAU/USD(Close)
Data
Day_Date Max of Max Max of Mean High Min of Mean Low Min of Min
10/15/2018 1241.8073 1228.5820 1220.0788 1208.7951
10/16/2018 1231.4041 1223.0405 1217.2645 1208.0231
10/17/2018 1236.1956 1222.0021 1211.2483 1195.0824
10/18/2018 1237.3698 1219.6136 1206.9180 1187.2718
10/19/2018 1237.3835 1217.1562 1205.1299 1184.4104
Grand Total 1241.8073 1228.5820 1205.1299 1184.4104
SaaR KaL 07:27 GMT October 15, 2018
Cable this week
Reply
Symbol EUR/USD(Close)
Data
Day_Date Max of Max Max of Mean High Min of Mean Low Min of Min
10/15/2018 1.1611 1.1573 1.1551 1.1514
10/16/2018 1.1604 1.1572 1.1552 1.1524
10/17/2018 1.1614 1.1572 1.1549 1.1507
10/18/2018 1.1621 1.1571 1.1539 1.1486
10/19/2018 1.1623 1.1567 1.1536 1.1478
Grand Total 1.1623 1.1573 1.1536 1.1478
dc CB 00:50 GMT October 15, 2018
Bada Bing
Reply
Bada Bing! is a fictional strip club from the HBO drama television series The Sopranos.
+++++++++++++++++++++++++++++++++++++++++
US equity futures dipped in the red after President Trump threatened to impose a third round of tariffs on China and warned that Chinese meddling in U.S. politics was a "bigger problem" than Russian involvement in the 2016 election.
During the same interview with CBS’s “60 Minutes”, in which Trump threatened to impose sanctions against Saudi Arabia if the Saudis are found to have killed WaPo reported Khashoggi, and which sent Saudi stock plunging, Trump said he "might," impose a new round of tariffs on China, adding that while he has "great chemistry" with Chinese President Xi Jinping, and noting that Xi "wants to negotiate", he doesn’t "know that that’s necessarily going to continue." Asked if American products have become more expensive due to tariffs on China, Trump said that "so far, that hasn’t turned out to be the case."
"They can retaliate, but they can’t, they don’t have enough ammunition to retaliate," Trump says, "We do $100 billion with them. They do $531 billion with us."
Trump Threatens China With More Tariffs