North and South Korea to hold 3rd summit in late April at the border - financial press - North Korea said to be open to denuclearize if regime safety is guaranteed and not use any weapons against South Korea - Source TradeTheNews.com
GVI14:13:17 GMT - 03/06/2018
Pres Trump: "Possible progress being made in talks with North Korea. For the first time in many years, a serious effort is being made by all parties concerned. The World is watching and waiting! May be false hope, but the U.S. is ready to go hard in either direction!" - Source TradeTheNews.com
GVI Trader john 15:00:53 GMT - 03/06/2018
Factory Orders January 2018
-1.40% vs. -1.10% exp. vs. +1.70% (r )prev. rev.
Sen Perdue (R-GA): Pres Trump is open to changes on tariffs plan - Source TradeTheNews.com
Mtl JP 18:04:43 GMT - 03/06/2018
on what condition(s)
such a flexible type
Livingston nh 18:12:12 GMT - 03/06/2018
The tariffs are a small thing for this country - the problem is the infrastructure needed to avoid manufacturing shortfalls -- we don't have it
Tool and die, big iron to specialty steel and even transport (CDL do-gooder regs) are issues -- this country was built on tariffs
GVI19:50:06 GMT - 03/06/2018
EU internal report argues that UK PM May is 'double cherry-picking' on Brexit and calls her model unworkable - UK press - Report dismissed May’s Brexit speech as "being more about Conservative Party management than putting forward sensible solutions on trade" - Says there has been "zero progress" on customs cooperation - Source TradeTheNews.com
Israel Dil 19:56:31 GMT - 03/06/2018
U.S. SENATE DEMOCRATIC LEADER SCHUMER SAYS TRUMP'S PLANNED ALUMINUM, STEEL TARIFFS ARE NOT WELL-TARGETED, SHOULD TARGET CHINA
dc CB 20:04:21 GMT - 03/06/2018
Trump apparently speaking soon re; FoxNUZ
Livingston nh 20:05:11 GMT - 03/06/2018
Ah - like Double Secret Probation // Brexit is a Business School case study in negotiation technique
jp - this tariff policy debate is as stupid as the immigration silliness - the US should just apply the tariff and immigration policies of the counterparty nation
Comparative advantage is not absolute advantage -- imagine if the US applied Mexican, Japanese or Canadian immigration rules // South Korean auto import tariffs et al ,, remember the Japanese rice debacle
Brexit is hung up on Trade and immigration -- as you are prone to say "WHO profits?" - let the situation work itself out
Livingston nh 20:35:19 GMT - 03/06/2018
An example of Absolute Advantage
Anything less than fully open Trade Borders is anti-innovation and anti-competitive
Mtl JP 20:41:57 GMT - 03/06/2018
nh am missing bias as I am trying to skin some posi-pips off the cretins without getting chopped up
eurcad -?- usdcad -?- gbpcad
poloz on deck tom
GVI22:22:12 GMT - 03/06/2018
RBA Gov Lowe: Reiterates there is no strong case for a near-term policy adjustment; likely that next RBA rate move will be up - comments in Sydney - Source TradeTheNews.com
dc CB 22:33:50 GMT - 03/06/2018
LOWE: WOULD BE HELPFUL TO HAVE A LOWER CURRENCY IN AUSTRALIA
Mtl JP 22:49:52 GMT - 03/06/2018
gary cohn poof
dc CB 22:57:00 GMT - 03/06/2018
Cohn's take home from working just over a year with Trump: $284MM tax free
(same game Hank Paulson played when he became Bush's Secy of the Treas)
Bank of Canada maintains overnight rate target at 1 1/4 per cent
The Bank of Canada today maintained its target for the overnight rate at 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per cent.
Global growth remains solid and broad-based. In the United States, new government spending and previously-announced tax cuts are anticipated to boost growth in 2018 and 2019. However, trade policy developments are an important and growing source of uncertainty for the global and Canadian outlooks.
In Canada, the national accounts data show that the economy grew by 3 per cent in 2017, bringing the level of real GDP in line with the projection in the Bank’s January Monetary Policy Report (MPR). In the fourth quarter, GDP growth was slower than expected, largely due to higher imports, while exports made only a partial recovery from their third-quarter decline. The gain in imports mainly reflected stronger business investment, which adds to the economy’s capacity.
Strong housing data in late 2017, and softer data at the beginning of this year, indicate some pulling forward of demand ahead of new mortgage guidelines and other policy measures. It will take some time to fully assess the impact of these, as well as recently announced provincial measures, on housing demand and prices. More broadly, the Bank continues to monitor the economy’s sensitivity to higher interest rates. Notably, household credit growth has decelerated for three consecutive months. The implications of the recent federal budget for the outlook for growth and inflation will be incorporated in the Bank’s April projection.
Inflation is running close to the 2 per cent target and the Bank’s core measures of inflation have edged up, consistent with an economy operating near capacity. Wage growth has firmed, but remains lower than would be typical in an economy with no labour market slack. Inflation is fluctuating because of temporary factors related to gasoline, electricity, and minimum wages.
In this context, Governing Council maintained the target for the overnight rate at 1 1/4 per cent. While the economic outlook is expected to warrant higher interest rates over time, some continued monetary policy accommodation will likely be needed to keep the economy operating close to potential and inflation on target. Governing Council will remain cautious in considering future policy adjustments, guided by incoming data in assessing the economy’s sensitivity to interest rates, the evolution of economic capacity, and the dynamics of both wage growth and inflation.
GVI Trader john 15:09:01 GMT - 03/07/2018
Bank of Canada on hold for now??
"While the economic outlook is expected to warrant higher interest rates over time, some continued monetary policy accommodation will likely be needed to keep the economy operating close to potential and inflation on target. Governing Council will remain cautious in considering future policy adjustments..."
GVI15:27:11 GMT - 03/07/2018
Pres Trump reportedly wants to sign presidential proclamation on steel and aluminum tariffs tomorrow to set process in motion - Axios - Source TradeTheNews.com
GVI15:27:12 GMT - 03/07/2018
10-15 mins ago...Pres Trump reportedly wants to sign presidential proclamation on steel and aluminum tariffs tomorrow to set process in motion - Axios - Source TradeTheNews.com
Unless authorized by Congress, a President's proclamation does not have the force of law. If Congress were to pass an act that would take effect upon the happening of a contingent event, and subsequently the President proclaimed that the event happened, then the proclamation would have the force of law. - wikipedia
Mtl JP 15:47:58 GMT - 03/07/2018
In the United States, an executive order is a directive issued by the President of the United States that manages operations of the federal government, and have the force of law. - wikipedia
london red 16:26:33 GMT - 03/07/2018
euro. long 12355/60 a whisker under (below 10dma and tenkan) might work into ecb. mkt just correctly st overbought state and prev days low of 12328 prob will be enough to halt pullback.
Mtl JP 16:42:05 GMT - 03/07/2018
red 16:26 what sentiment do u think holds the euro up ?
Fukuoka joyya 17:03:02 GMT - 03/07/2018
todays breaking news no chance for cad and stox too...
Fukuoka joyya 17:03:46 GMT - 03/07/2018
2018 biggest drop today in stox....
Fukuoka joyya 17:10:32 GMT - 03/07/2018
today make record
GVI19:16:11 GMT - 03/07/2018
FEDERAL RESERVE BEIGE BOOK: EMPLOYMENT GREW AT MODERATE PACE SINCE PREVIOUS BEIGE BOOK - Prices increased in all districts - Marked increase in steel prices due in part to a decline in foreign competition - Most districts saw employers raise wages - Source TradeTheNews.com
GVI20:02:43 GMT - 03/07/2018
White House spokesperson Sanders: there could be potential carve outs for Canada and Mexico, and could extend to other countries as determined on a national security basis - Separately, White House reportedly could have tariff signing ceremony at noon tomorrow - NYT - Source TradeTheNews.com
GVI Trader Jay Meisler 20:06:37 GMT - 03/07/2018
Mnuchin said basically the same thing earlier about carve outs and while it is breaking news for the news algos, it is not new news but USDCAD plunged nonetheless. .
Chicago AGA 20:18:16 GMT - 03/07/2018
Trading has sunk to a new low when Sara Sanders moves the markets.
Japan GDP up 0.40% (non-annualized) in 4Q17 beats expectations.
GVI10:51:14 GMT - 03/08/2018
Reportedly Northern League's Salvini (euro-skeptic) said to reach out to Renzi's party for votes and support for a broad governing alliance - press - League may consider alternative to Salvini as Premier - Source TradeTheNews.com
GVI Trader john 12:45:26 GMT - 03/08/2018
European Central Bank (ECB) March 8, 2018
Refi Rate Steady at 0.00%
Marginal Lending Rate steady at 0.25%
Deposit Rate steady At -0.40%
EUR firmer as ECB drops line saying it would increase QE If outlook Worsened - Source TradeTheNews.com
GVI Trader john 12:52:25 GMT - 03/08/2018
this subtle change in language behind EURUSD gain.
seen as tweaking of forward guidence...
Mtl JP 12:55:49 GMT - 03/08/2018
would increase QE If outlook Worsened
and euro rockets ?
lets have more Worsening outlooks !!
GVI Trader john 13:05:42 GMT - 03/08/2018
I would not overinterpret the language adjustment as meaning something is imminent, BUT I would expect more the same in future months heading towards the end of September. They have broken the ice today.
GVI13:07:55 GMT - 03/08/2018
ECB lowers emergency liquidity assistance (ELA) cap for Greece banks from €19.8B to €16.6B - Source TradeTheNews.com
Mtl JP 13:12:26 GMT - 03/08/2018
that is one impressive algo code that has interpreted the ECB statement thusly massively and lighting fast
how do all those algos get it so together
Empoli Ab 13:23:32 GMT - 03/08/2018
Jay from italian sources NL ' Salvini is looking to seek votes to form a broad gov outside Renzi s Democratic Party or Grasso Leu...... everyother good to go on but surely excluding both above..... i dont know which is the TTN' source.......but is very difficult NL Will male an agreement with Matteo Renzi
Mtl JP 13:31:13 GMT - 03/08/2018
51m51 minutes ago
Looking forward to 3:30 P.M. meeting today at the White House. We have to protect & build our Steel and Aluminum Industries while at the same time showing great flexibility and cooperation toward those that are real friends and treat us fairly on both trade and the military.
Pres Trump: tariffs will be fair and flexible, but will protect American worker - Source TradeTheNews.com
GVI18:26:52 GMT - 03/08/2018
White House confirms Pres Trump to sign steel and aluminum tariff proclamation at 15:30ET - Source TradeTheNews.com
GVI20:54:28 GMT - 03/08/2018
Pres Trump: we need to show flexibility on tariffs to global friends; Confirms 25% tariff on foreign steel and 10% tariff on foreign aluminum; Canada and Mexico to be exempt while NAFTA talks go on - comments from White House - Open to modifying or removing tariffs for individual countries as long as we find way to ensure products no longer threaten security; US Trade Rep Lighthizer will be in charge of accepting offers from countries seeking exemptions - Source TradeTheNews.com
GVI Trader john 21:07:19 GMT - 03/08/2018
Trump:" I have a feeling we will make a deal on NAFTA" --CNBC
dc CB 22:22:27 GMT - 03/08/2018
as noted... it's not the Move, it's the GUY who made the Move.
If The O did the same, the histreeeeeeeOnics wud be Laudatory...Genius...shows strength in Office....
Next for Trump: Stop the Flow of the Tonnage of Chinese Fentanyl. Meant to prune the herd of Un-needed former "steel workers"
Read this while you're having your evening feed at the slop trough.
NUZ that AmeriKans needs to know. Real Important Stuff....like Oprah for President 2020....
Stormy Daniels Hit With Restraining Order Over Trump Affair Talk
NYTimes(The Paper of Record/All the NUZ That's Fit to Print) , the restraining order puts the White House in the middle of the story by creating "the spectacle of a sitting president using legal maneuvers to avoid further scrutiny of salacious accusations of an affair and a payoff involving the porn star."
Daniels said her relationship with Trump was consensual, and that it began in 2006 during a golf tournament in Lake Tahoe, Nevada, but soured after Trump was unable to secure for her a spot on "The Apprentice".
Dillon AL 00:13:27 GMT - 03/09/2018
Does anyone really care about Trumps peccadillos
reminds me of back in 1988 when The tabloid press promptly nicknamed Sir Ralph Halpern 'Five-times-a-night' and when the story broke the stock price went up 9 fold
There's no more sex in society than before, just more reporting of it I ask again is anyone truly interested or even cares one iota
"Does anyone really care about Trumps peccadillos"
Sure...NYT, WashPost, CNN, NBC, CBS, La Times, ABC, just about every other NUZ outlet in the USA. It keeps the important stuff all the front page. We all live in a ComicBook World.
'cauz to do otherwise, they'd have to report that Love him or Hate hi, Trump is actually getting "stuff" done. And so far he seems to be doing just about everything that he promised to do during his campaign.
Which brings us to the latest Irritation to the Hate Trump faction:
South Korean envoy Chung Eui-Yong said, and the White House confirmed, that Trump has accepted to meet Kim Jong Un, by some time in May, in what would be a historic first: no sitting American president has ever met a North Korean leader.
Here is the White House confirmation:
TRUMP TO ACCEPT INVITE TO MEET WITH N. KOREA'S KIM: WHITE HOUSE
Mtl JP 01:39:52 GMT - 03/09/2018
but only IF trump-et man goes to Pyongyang for tea and biscuits
"If a person is important,people will line up to visit him even if he lives in a remote mountain village..If a person is not important,nobody will visit him even if he lives in the centre of a busy town"..(Chinese proveb).. shared by shanghai bc long time ago
Bali Sja 01:41:57 GMT - 03/09/2018
Looks like no more euro 1.25 and cable 1.40. Usd is strong into FOMC
dc CB 01:53:56 GMT - 03/09/2018
all I'm saying is with the 2018 elections a bit over 6 months away, all the oppostion Impeach Trump Party has is Stormy Daniels - from 2006? That and MUH Russia and Gun Control is all they got...oh and Sanctuary Cities/States. Things are going to get velly velly Ugly in as spring turns to summer and explodes into fall.
Bush and Obama, Post 9/11, put in place the legal mechanisms that give the Executive Branch dictatorial powers IF a state of national emergency can be declared...Martial Law will rule. It's sitting there for the taking. Just like the good ole days in Rome, Dicator During and Emergency. That was supposed to be handed to HRC --- the continuation of the Bush/Clinton/Bush/Obama Dynastic Rule. Then The Donald somehow slipped into power...and yes Virginia there is SantaClaus who can decide "who's been naughty and who's been nice" ...Trumpetman has those powers.
dc CB 02:15:27 GMT - 03/09/2018
dc CB 01:53 GMT March 9, 2018
all I'm saying is........
I hadn't read this when I made that post...
I’m not a fan of Communist China.
It’s a vicious totalitarian regime that routinely employs censorship, surveillance, and brutal police state tactics to intimidate its populace, maintain its power, and expand the largesse of its corporate elite.
Just recently, in fact, China banned the use of the word “disagree,” as well as references to George Orwell’s novels Animal Farm and 1984. What’s really Orwellian, however, is China’s plan to use surveillance to create a “citizen score” that determines one’s place in society based on one’s loyalty to the government.
President Trump thinks that’s a great idea.
Trump thinks the idea of having a president for life is so great, in fact, that America might want to move in that direction. “Maybe we’ll have to give that a shot someday,” said Trump to a roomful of supporters.
Here’s the thing: we already have a president for life.
re TRUMP TO ACCEPT INVITE TO MEET WITH N. KOREA'S KIM: WHITE HOUSE
China’s Xi praises Trump-Kim meeting plan, calls for more ‘positive gestures’
Seems like a Machiavellian plan by China
- those 37,000 merikan wardogs in SK are pissing off China
- asia by Asians for Asians
Qtn: where would the 37,000 do-gooders go / do next:
"liberate" Crimea ?
Protect the Mex/US wall ?
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
Global-View Affiliate Program
We are starting an affiliate program to market some of our products.
Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.
Put the word "affiliate" in the email subject line.
looking for your first broker or do you need of a new one? There are
more critical things to consider than you might have thought.
We were trading long before there were online brokers. Global-View
has been directly involved with the industry since its infancy. We've
seen everything and are up-to-data with recent regulatory changes.