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Forex Forum Archive for 02/16/2020

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dc CB 23:37 GMT February 16, 2020
Life in the insane lane

link to the Feb 13 story

London coronavirus patient turned up at hospital in Uber taxi

dc CB 23:34 GMT February 16, 2020
Life in the insane lane

Recall I posted the Guradian story about the 'infected' woman who took an Uber to the hospital. The "national ?health?" said that the Uber driver wasn't in contact long enough to catch the virus.

Well here's a similar story. So which is it? Super contagious or no-big-deal.???
Because lot's of northern hemisphere people take winter vacations in Hawaii --- it's prime surfing season too.
++++++++++++++++++++++++++++++++++++++++

But the NYT reporter did find a local resident named John Fujiwara who believes the Japanese patient is a friend of his whom he refued to name. The man recently visited Hawaii and met Fujiwara for a coffee before exchanging gifts of chocolates.

Fujiwara said he reached out to a local paper and Hawaiian state health officials with his story. They told him not to panic, and when he offered to self-quarantine, the state said he should go about his day as normal, but report any suspicious symptoms.

Let's back up for a second: We suspect we're not the only ones who were surprised - and not exactly reassured - by the state's response to this man.

True, he could be wrong. But isn't it better to be safe than sorry when a simple one-line email from the state could have put this man in a self-quarantine?

Instead, the man says he plans to go out with his girlfriend as normal because he "has it in writing from the state."

NYT Reports Japanese Man Diagnosed With Virus Visited Resort, Mingled With Hawaiians During Recent Visit

Mtl JP 22:29 GMT February 16, 2020
Life in the insane lane

new policy
when chinese banks holding trillions of debts to chinese manufacturers start collapsing, we ll know who to thank for their timely new policy
----------------------------------------------------------------------------
The General Administration of Customs (Minister responsible‎: ‎Ni Yuefeng) released new measures, including speeding up the inspection of imported manufacturing equipment and simplifying the quarantine approval procedures for foreign medical goods, to ensure .. bla bla.

The move is aimed to mitigate the impact ... bla bla bla

Customs authorities will accelerate inspection pace and release machinery and raw materials that are urgently needed for companies to resume the work, under the

new policy

Minneapolis DRS2 22:20 GMT February 16, 2020
Life in the insane lane

"But Xi's communists seized the shipments and diverted them for use by more important persons."

According to various accounts, it's SOP for mainland China, unfortunately, and it is a major source of frustration for many around the world. All supplies and things like that are immediately grabbed by the CCP and sent to different places either for use by VIPs, or often for resale. Yeah, those medical masks that were sent with the best of humanitarian intentions might very well have been grabbed by some money-grubbing CCP crony to be sold on the open market for whatever they can get.

Mtl JP 22:01 GMT February 16, 2020
Monday Amazing Trader 17 Feb 2020

GBP 1.3047
-
Boris Johnson to refuse to abide by EU rules on tax and workers' rights
Mr Johnson's negotiators are expected to insist that the UK should be given a deal akin to the EU's agreements with countries such as Canada
- the telegraph

Boris Johnson is preparing to dismiss demands by Brussels for the UK to abide by EU rules on tax and workers' rights after Brexit.

Number 10 is understood to object to a raft of stipulations in a draft negotiating mandate submitted to EU leaders by the European Commission - as senior Tories described some demands as "ridiculous".

Mtl JP 21:54 GMT February 16, 2020
Life in the insane lane

losers and losers
-------------------
Spoke with an aquaintance doing import buziness of made-in-china crap.

The short story is that IF things go as most ideally planned they wont be getting any crap until at least 4 weeks from now.

For example, she sent medical masks from canada to her chinese suppliers so that they could send workers to start working. But Xi's communists seized the shipments and diverted them for use by more important persons.

GVI Forex 18:56 GMT February 16, 2020
Weekly Trading Pattern

Once again the weekly pattern was repeated on Friday.

Look in the right sidebar ====>


AT Trader 16:06 GMT February 16, 2020
Monday Amazing Trader 17 Feb 2020

LATE Friday
DJ: -95
SP: -2.2


2-yr 1.422% -0.2
Spread 10s-2s +15.5 (+17.3)
10-yr
US: 1.581% -3.6
UK: 0.631% +0.2
DE: -0.420% -0.1


EURUSD MACRO TREND: NEGATIVE
Spot Rate (Pivot Point)
EURUSD 1.0842 (1.0844)
GBPUSD 1.3037 (1.3037)
EURGBP 0.8315 (0.8433)
USDJPY 109.71 (108.44)

this week 1.0827-1.1057 (230) pips

fri: 1.0828-1.0862 (34)
thu: 1.0835-1.0889 (54)
wed: 1.0865-1.0926 (61)
tue: 1.0892-1.0925 (11)
mon: 1.0942-1.0957 (13)


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Mtl JP 12:09 GMT February 16, 2020
Life in the insane lane

lies and the other kind of lies
--------------------------------
The government must "increase use of police force and strengthen the visible use of police" during the crisis, Xi said in a February 3 speech published by state media on Saturday.

Financial news outlet Caixin reported on Saturday that officials at the People’s Bank of China’s (PBOC) branch in the southern city ordered that all paper currency from sectors with high exposure to the coronavirus be withdrawn for destruction.

WHO chief Tedros Adhanom Ghebreyesus: "It impossible to predict which direction this epidemic will take"

China’s Leader, Under Fire, Says He Led Coronavirus Fight Early On - NYT, Amy Qin, Feb. 15, 2020
Xi Jinping was aware of the outbreak nearly two weeks before he first spoke publicly about it. It could draw him directly into questions about whether officials did too little, too late.

As the coronavirus spreads, China is losing its control online
NATHAN VANDERKLIPPE - ASIA CORRESPONDENT BEIJING - 1 DAY AGO

How China’s Incompetence Endangered the World
As the deadly coronavirus began to spread, Beijing wasted the most critical resource to fight it: trust. - LAURIE GARRETT, FEB 15, 2020

The White House doesn’t trust China’s coronavirus numbers — here’s why
CNBC SAT, FEB 15 2020, Berkeley Lovelace Jr., William Feuer

 




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