Sydney ACC 23:48 GMT January 31, 2019
The national property market is in free fall
Reply
Warnings about the Australian residential property market published in the SMH have become almost a daily occurrence this week.
Today Melbourne's property prices fell by 1.7% in January while those in Sydney fell 1.4%. Prices in every other capital city fell bar Canberra where they rose.
Yesterday there was news a of 61 apartments in Epping was on the market after the Chinese lender foreclosed on the developer.
Then on Tuesday news that apartments purchased in 2016 and 2017 at the height of the property boom were likely to be defaulted by the purchaser.
Given the number of projects nearing completion I can't see where the workers are going to find a job when the work is done.
Combined with the talk of economic slowdowns overseas May's election may be the same as 1974 - the election you want to lose.
Link - SMH
GVI 21:58 GMT January 31, 2019
BREAKING NEWS:
Reportedly UK Cabinet ministers are increasingly expecting a Brexit delay - Telegraph (update)
- Home Secretary Javid said to tell colleagues that Brexit is likely to be delayed
- Source TradeTheNews.com
dc CB 21:27 GMT January 31, 2019
MMT the new new Thing eCON-wise
MMT?????? :)))))))))))))))
Incidentally, for those wondering, one gift package of Chuying Agro-Pastoral's ham costs 8,999 yuan or about $1,300. Assuming it takes one pig to make one such package, the company will have to remit just over 255,000 pigs to its creditors in lieu of the upcoming bond maturity, assuming of course that the credit hedge funds who are invested in the pig farmer have space in their office of a few hundred thousand pigs.
Company That Paid Debt In Ham Is Running Out Of Pigs
GVI Trader john 20:37 GMT January 31, 2019
Friday AT Trading Checklist
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Fri 1 Fed 2019
A all day Flash PMIs
AA 10:00 EZ- Flash HICP
AA 08:30 US- Employment
GVI Forex Jay Meisler 19:30 GMT January 31, 2019
Amazing Trader Says...How to trade month end flows
Reply
As I explained on the Amazing Trader forum, be on alert for erratic month end flows around the 4 PM London fixing. This occurred today with GBPUSD rising sharply on the back of a EURGBP sell order.
As I have discussed on more than one occasion,
these type of fixing flows offer an opportunity to take the other side as, with this case, the bids dried up once the fixing flows were over (more so in GBPUSD, with a delay in the offers in in EURGBP).
Note the confirmation for a sell in the above Amazing Trader chart, which worked out like a textbook once GBPUSD lost its bid.
I realize this is posted after the fact but it is a pattern we see often on the Amazing Trader and you can see the potential results.
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dc CB 19:21 GMT January 31, 2019
MMT the new new Thing eCON-wise
Reply
what if the UniParty embraces this in 2020.
Long read - This cud be the replacement Theory the generation of Free Stuff for All politicians and those who will vote them into office.
+++++++++++++++++++++++++++++++++++++++++++++
MMT’ers believe that government’s red ink is someone else’s black ink. Sure, the government owes dollars, but they have a monopoly of creating those dollars, and not only that, the creation of more and more dollars is essential to the functioning of the economy.
Keynes for the 2020's
Professor Stephanie Kelton from Stony Brook University
https://stephaniekelton.com/
Trader: "Modern Monetary Theory Is Coming... Ignoring It Would Be Foolish
Kl Shawn 17:12 GMT January 31, 2019
BREAKING NEWS:
Stock markets are all rosy happy though, the disconnect of paper versus reality?
london red 16:20 GMT January 31, 2019
BREAKING NEWS:
italy already in technical recession. maybe germany wont quite get there but some others will. seems like CB's entering race to bottom at least talkwise
GVI Forex 16:13 GMT January 31, 2019
BREAKING NEWS:
11:10 (EU) ECB's Weidmann (Germany): process of ECB policy normalization is likely to take several years
- Growth risks for Germany are to the downside with high uncertainty; Germany economy will grow below potential in 2019
- Sees no sudden slump or no long recession in Germany
- 2019 Eurozone inflation may be noticeably lower than ECB's Dec estimates due to oil prices
- Dec forecasts for 2020 and 2021 growth still realistic
- Source TradeTheNews.com
GVI Trader john 15:03 GMT January 31, 2019
BREAKING NEWS:
NHS better than forecast.
GVI Trader john 15:02 GMT January 31, 2019
BREAKING NEWS:
U.S. New Home Sales November, 2018
ALERT
v657K vs. 569K exp. vs. 544K (r 582k) prev.
GVI 14:15 GMT January 31, 2019
BREAKING NEWS:
Reportedly members of UK Parliament's Brexit Committee to travel to Brussels to discuss Brexit deal with EU negotiators - press - Source TradeTheNews.com
Livingston nh 14:12 GMT January 31, 2019
Thursday AT Trading Checklist
5, 7 and 10 yr yields all under last year's levels - 3 mo T-bill and 10 yr (Mishkin Estrella) are w/i 20 pips and dropping // oil and gold rising // Fed better hope it doesn't have to give these folks any bad news in a couple of months
GVI Trader john 12:55 GMT January 31, 2019
Thursday AT Trading Checklist
Use the yield on the U.S. 2-yr note (2.489%) as the best barometer you can find of market sentiment about upcoming Fed policy. Top of the Fed Funds target range is now 2.50%, so the big money is pricing a steady Fed policy for now (next 6 mos or so). This is subject to changes in market sentiment. Take note of these changes Expect the markets to scrutinize U.S. employment tomorrow with Fed policy now data dependent.
GVI Trader john 12:47 GMT January 31, 2019
Thursday AT Trading Checklist
U.S. weekly Jobless data on the open today could be inflated by seasonal adjustment issues. This is a volatile high frequency series and therefore subject to a lot of noise. the Chicago PMI (14:45GMT) often causes temporary volatility, so it should be watched.Personal Income data releases at 15:00 GMT have been postponed due to the government shutdown.
Mtl JP 11:57 GMT January 31, 2019
Thursday AT Trading Checklist
Global stoks uP some
eu economy slowing
crude about steady
US stocks on slight uPtick
paper Gold flying
Paris 11:37 GMT January 31, 2019
BREAKING NEWS:
Buy EURUSD
Entry: 1.14830 Target: 1.15330 Stop: 1.1450
Good signals with my indicator
GVI Trader john 11:00 GMT January 31, 2019
BREAKING NEWS:
EARLIER:
German Unemployment January 2019
NEWS ALERT
Rate: 5.00% vs. 5.00% exp. vs. 5.00% prev.
Change: -2K vs. n/a exp. vs. -14K (r -12) prev.
TTN: Live News Special Offer
German January 2018 Jobless data rises. (lower is better). Unemployment rate steady.
GVI Jay 10:53 GMT January 31, 2019
Thursday AT Trading Checklist
Reminder, it is month end, which often sees some erratic price action as end if month flows dominate.
GVI Trader john 09:58 GMT January 31, 2019
Thursday AT Trading Checklist
Reply
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Thu 31 Jan 2019
A 07:00 DE- Retail Sales
A 08:55 DE- Employment
A 10:00 EZ- GDP
A 10:00 EZ- Flash HICP
A 12:30 US- Weekly Jobless
A 15:00 US- Personal Income/PCE
Fri 1 Fed 2019
A all day Flash PMIs
AA 08:30 US- Employment
A 10:00 EZ- GDP
haifa ac 07:50 GMT January 31, 2019
Wednesday Trading Checklist 29 January 2019
nd in Sydney at 2:00pm it is 36.4 degrees celsius. Top predicted 40 degrees which is 104 fahrenheit."
Yeah, well......
"A study in British medical journal The Lancet reached the following conclusion:
Cold weather kills 20 times as many people as hot weather, according to an international study analyzing over 74 million deaths in 384 locations across 13 countries. "
https://pjmedia.com/trending/record-cold-forces-rethink-on-global-warming/
kl shawn 06:03 GMT January 31, 2019
Monday Trading Strategy 28 January 2019
JP, thanks mate
it seems to me that they have been buying stocks and similarly selling usd based on the idea of Fed's dovish language recently...
Mtl JP 04:13 GMT January 31, 2019
Monday Trading Strategy 28 January 2019
no plan re. oil other than the occasional correlation to Cad
and stocks --- I question how they can go higher as the reason one buys is to sell higher... on what catalyst can they build.
Sydney ACC 03:00 GMT January 31, 2019
Wednesday Trading Checklist 29 January 2019
And in Sydney at 2:00pm it is 36.4 degrees celsius. Top predicted 40 degrees which is 104 fahrenheit.
Reports of massive power cuts in the Eastern Suburbs as electricity companies can't meet demand.
Traffic lights were blacked out in many parts of the eastern suburbs, including Double Bay, Sydney's most expensive suburb.
dc CB 02:06 GMT January 31, 2019
Wednesday Trading Checklist 29 January 2019
at 11 in the morn today, as I cleared the last fallen snow
it was 27 degrees F
now at 9 in the evening
it is 3.4 degrees F
Natty Gas shortage....WHO CUDA KNOWN Who Who...Bring to the Dock just One Person WHO CUDA KNOWN
Hearings, Wall Street EXEC, responding to Eliz(Pocahantas)Warren. 2009 CSPAN Archives
kl shawn 01:53 GMT January 31, 2019
Correction: USD/JPY
it will be defended for sure since PPT will make sure stox keep bullish tone
kl shawn 01:46 GMT January 31, 2019
Monday Trading Strategy 28 January 2019
best trade :) cheers
kl shawn 04:13 GMT January 28, 2019
Monday Trading Strategy 28 January 2019: Reply
see you at 13130 usdcad
Livingston nh 00:53 GMT January 31, 2019
Wednesday Trading Checklist 29 January 2019
cb - could try a deus ex machina defense BUT in today's world go after the public utilities commission and failure to supervise
__
PG&E is going to sink California - rates, taxes/ up but service down -- do gooder global warmer whiners won't get money to save Planet -- maybe we could trade California to Mexico for a wall
dc CB 00:45 GMT January 31, 2019
Wednesday Trading Checklist 29 January 2019
Livingston nh 23:02 GMT 01/30/2019
CB - re:FAANG and gold
just sayin' in a couple of posts. Gold + FOMC(led by the Prof and then Gammy) Week---Wack-O-Rama. Out of the coded worked for near a decade...Top-O-the Hour Algos.
PS, posted earlier about the XCel failure to supply Natty Gas to customers. Is that an actionable Failure of a Public Utility suit waiting for a Lawyer? Not like the weather can be a Suprise.
Was the Trading Arm of that Company (where the money gets made by all these Yuge Regionwide Utility Conglomerates.
Pacific Gas & Electric in a cold climate?????
HK [email protected] 00:31 GMT January 31, 2019
Correction: USD/JPY
Reply
.
Critical level to consider is 108.28.
A break of which, opens the door to retest January low and even lower.
So likely 108.28 level will be protected.
HK [email protected] 00:30 GMT January 31, 2019
UAS/JPY
Reply
.
Critical level to consider is 109.28.
A break of which, opens the door to retest January low and even lower.
So likely 108.28 level will be protected.
Mtl JP 00:23 GMT January 31, 2019
News Flash
May woos Labour MPs with cash'
The prime minister is planning to "entice" Labour MPs to back her Brexit deal by offering cash to their constituencies, reports the Times. The paper says Theresa May could provide "a cash injection into deprived areas that supported Leave, including former mining communities".
- BBC News
Mtl JP 00:14 GMT January 31, 2019
News Flash
Timber!!!!
5th one.... high attrition rate
Musk says Tesla CFO Deepak Ahuja is leaving the company
stock taking a licking
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