markets have been running in equilibrium... this is not good for the world. Equilibrium predates sudden wars... uncertainty is what makes us our money nothing else... so trum being certain to cut the deficit with china is not a sabre rattling announcement, they are gonna sign documents to make that a reality...
Caribbean! Rafe... 20:31:12 GMT - 08/17/2018
welfare of the people has to be discounted too...
Mtl JP 20:22:33 GMT - 08/17/2018
u see , for u and me who trade FX and /or other instuments is not about what fundamentally should or not happen.
Out task is to make preferably posi-pips off how the market is or will react to reports about some low-level trade meeting that - allegedly - are preparatory steps towards a Xi and Trump november meeting as current market mood demostrated.
Seeing as who is giving orders Trump however and imo would be a fool to give audience to Xi in november.
Feel free to take a position.
Caribbean! Rafe... 20:13:12 GMT - 08/17/2018
JP// Referring to me mate..
Mtl JP 20:08:28 GMT - 08/17/2018
The only way possible .... only way for what: __ ?
GVI20:08:15 GMT - 08/17/2018
S&P cuts Turkey sovereign rating one notch to B+ from BB-; outlook stable
- Source TradeTheNews.com
Caribbean! Rafe... 20:01:09 GMT - 08/17/2018
The only way possible is to trade with south america and mexico, but then the spanish speaking countries in the western hemisphere are in problems, mexico has a massive drug problem and venezuela is faced with high inflation... it will take them about 10 years I feel before they will be ready to do decent business according to "the standard", brazil etc... well will they be able to supply US economic demands that may reduce china supplies?. Maybe just a little, however, I doubt... Maybe the real money folks are way ahead of the curve but that is to be seen what they do with their cash... besides that, I don't think the US government would be able to cope with assigning countless squadrons of people each allocated to ensuring exports from a specific country are up to their mark... that's a just polygamous deficit in the making, better to have a monagamous trade deficit and the chinese on top.
Mtl JP 19:28:16 GMT - 08/17/2018
... nine-member delegation from Beijing, led by Vice Commerce Minister Wang Shouwen, will hold meetings with U.S. officials led by the Treasury undersecretary, David Malpass, on Aug. 22 and Aug. 23. ....
who wants to be courts jester ?
Caribbean! Rafe... 19:19:35 GMT - 08/17/2018
Sorry I meant to say, how are they gonna reduce trade levels with china whilst other countries close the supply gap with what they need to import. China is a great part of the world economy, and if china collapses then so will a major part of the world economy, anything that happens in this side of the world has repercussions on that side of the world too.
Caribbean! Rafe... 19:16:24 GMT - 08/17/2018
I don't think slashing the deficit is possible and it's not worth it to change their relationship unless of course USA wants to go begging the whole world for financing an overburdened economy on the brink of another collapse, in other words big brother now has to face the big stick. The reason to say that is while the USA touted their relationship with china as their trading partner, the USA simply started depending too heavily on them and snubbed other smaller economies: The result was was economic stagnation for many countries that had good employment levels and income from exporting to the USA. Now how they gonna restart production without a world econmic collapse taking place.
Mtl JP 18:57:41 GMT - 08/17/2018
there is only ONE thing that matters
and that is President Trump getting Xi to HEEL
( to heel. (transitive, idiomatic) To compel someone to obey; to force someone into a submissive condition.)
To heel means to "stop the theft of intellectual property and to stop the forced transfer of technology” and
to improve market access for US firms and slash a $375 billion trade deficit with China
Mtl JP 18:42:39 GMT - 08/17/2018
what a KROK-O-SH!T about talks announced with China
nothing but a f-king joke
giving time to a very low level / grade delegation
see Mtl JP 21:17 GMT August 16
"with China" ... as IF some low level / grade puppets ... arrgghhh
GVI18:29:25 GMT - 08/17/2018
White House Chief Economist Hassett: we are very close to trade deal with Mexico - television interview
- Still a few sticking points in trade discussions with Mexico
- Says talks announced with China schedule for next week a 'positive sign'
- Looking forward to what SEC will find on company reporting study
- Source TradeTheNews.com
GVI Trader john 17:04:29 GMT - 08/17/2018
Baker Hughes Rig Count
NEWS ALERT
U.S.
Total: 1057 vs. 1057 (0) prev.
Oil: 869 vs. 869 (0) prev.
a dog wallowing in the ditch of fiscal puke of unbridled debt wants to dictate the protocol of dialogue ??!!
ROFL
GVI20:44:15 GMT - 08/16/2018
EARLIER:
Turkey Foreign Min Cavusoglu: we do not wish to have problems with the United States; our problems with US can be solved easily but not with the current approach
Earlier: Pres Trump tweets comments on the economy and US dollar - Trump tweets: "Our Economy is doing better than ever. Money is pouring into our cherished DOLLAR like rarely before, companies earnings are higher than ever, inflation is low & business optimism is higher than it has ever been. For the first time in many decades, we are protecting our workers!"
- Source TradeTheNews.com
GVI Forex12:56:39 GMT - 08/16/2018
Kudlow on TV saying a strong dollar is a sign of confidence.
GVI Forex Jay Meisler 12:49:43 GMT - 08/16/2018
Dollar blips up on Trump USD comments
08:45 (US) Pres Trump tweets comments on the economy and US dollar - Trump tweets: "Our Economy is doing better than ever. Money is pouring into our cherished DOLLAR like rarely before, companies earnings are higher than ever, inflation is low & business optimism is higher than it has ever been. For the first time in many decades, we are protecting our workers!"
NEWS ALERT
Crude Oil: +6.800 vs. -2.900 exp vs. -1.400 prev.
Distillates: +3.600 vs. +0.900 exp vs. +1.200 prev.
Gasoline: -0.700 vs. -0.800 exp vs. +2.900 prev.
White House official: more economic pressure could be in store for Turkey if it does not release Pastor Brunson - press
- Source TradeTheNews.com
Kl Fs 16:11:13 GMT - 08/14/2018
Smart money loves dollar? LMAO
Trump does not want any much stronger dollar from here.
Mtl JP 15:58:09 GMT - 08/14/2018
talking of rates ..
the benchmark is at 2.888% +0.012 atm
Mtl JP 15:55:23 GMT - 08/14/2018
on the other hand,
smallest debt burden is bad news for those whose living standard depends on qty of interest received
so IF the debt pool shrinks, the other way to increase interest income is to charge higher rate
Mtl JP 15:49:53 GMT - 08/14/2018
this should be "good news" (i.e room for more moRE)
The debt burden of U.S. households is the smallest it’s been in nearly 16 years.
Household debt — including mortgages, credit cards, auto loans, student loans and other credit — grew for the 16th consecutive quarter in the April-to-June period, rising by 0.6%, or $82 billion, to $13.29 trillion, the New York Fed reported Tuesday.
Dollar is in MULTI YEAR bull market (probably till 2021-2022) and will test the 120 level.
smart money LOVES the dollar.
Mtl JP 15:05:43 GMT - 08/14/2018
allmost whole world tired
so who is not tired ?
Fukuoka joyya 15:00:02 GMT - 08/14/2018
allmost whole world tired usd$ they want new system tired of capitalism....china already taken hong kong..right now not good relationship philpine korea japan india iran turkey europe all these powerful miltariesr under this admistration
Fukuoka joyya 14:27:24 GMT - 08/14/2018
yes more presure on take turkey to saudi arabia china will also come u know china fully ready for war understand russia also want oil they can not live without oil... turkey also supplying gas to europe...if this happen big lost for usa...germany also wont leave....main issue is jeroselm maybe american embassy...
Kl Fs 14:07:23 GMT - 08/14/2018
Merkel and co won't leave Turkey fighting alone. Turkey will be saved at whatever cost
Livingston nh 13:59:43 GMT - 08/14/2018
joyaa - you keep referring to oil BUT Turkey's vulnerability is energy IMPORTS (now MORE expensive) -- friendless and credit dependent
Mtl JP 13:57:40 GMT - 08/14/2018
coz wounded animal is 2x as ferocious and 2x as deadly as non-wounded
Fukuoka joyya 13:56:21 GMT - 08/14/2018
do not forget trump and ordugan good friends.....
huge ecnomicly oil...
Livingston nh 13:54:50 GMT - 08/14/2018
The Forces of Darkness are not leaving the City Gates -- How much do you think it cost to defend 7 ?? The reserve base is anemic and it is shrinking - inflation will take its toll
Turkey is a wounded animal with a blood trail -- why would traders leave this one alone?
NY JM 13:51:55 GMT - 08/14/2018
The words safe and TRY are not in the same dictionary.
Kl Fs 13:47:03 GMT - 08/14/2018
Unless 6.90 taken again today, it is safe to say top is in
Mtl JP 13:43:17 GMT - 08/14/2018
h3ll no
Kl Fs 13:41:37 GMT - 08/14/2018
JP, you go long lira big time?
Kl Fs 13:38:11 GMT - 08/14/2018
That sounds quite confident. Crisis is truly over. If Turkey (Sunni) can make business with Iran (Shiite) then world is at peace.
Mtl JP 13:37:14 GMT - 08/14/2018
sooo lets see that Lira
STRENGHTEN
say to 5.25ish
GVI13:29:59 GMT - 08/14/2018
Turkey Fin Min: we have taken all necessary measures to relieve markets - Turkey stands behind its banks and private sector- Turkey will remain within free market rules; will continue taking measures on banks and companies- Framework agreement on loan restructurings has been signed
uh uh ECB been reading my JP 15:20 so they send out a trumpet in a "what me worry?" type of cavalier shrug of shoulders
Odds are the truth is they staining their pants on the prospect of CONTAGION
GVI15:48:45 GMT - 08/13/2018
Bundesbank's Wuermeling: ECB hasn't seen a need for a meeting about Turkey bank risks; let's not overdramatize the risk of Euro Area infection - Urges Turkey to take bold action to stop its spiral
- Source TradeTheNews.com
Livingston nh 12:36:46 GMT - 08/13/2018
Freeing a hostage is not going to bring down the inflation rate, raise interest rates or move Erdogan back into the western orbit
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
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