I have rarely seen the german as stupid as recently blaming the "economy". What a crock of shameless bullsh!t: it is not the market that triggered the turk into crisis. It is politics. Nothing else.
Artificial low rates and crap paper (fiat) money is the root cause of growing debt and fake booms that when they come to a watershed moment for accounting that lead yet to renewed efforts by the overwhelming power of state to a new, even more inflated gigantic bubble, which will mercilessly again blow up. Only to blame the markets, never the politicians. Again.
Dillon AL 22:45:18 GMT - 08/31/2018
nh there is one simple fact Brussels has a budget deficit. They need our money. The issues about open borders is nonsense cc the map where it shows that in 2015 at the height of the crisis the issue was European in nature not UK
As to trade.... well with Trump mixing it up then in reality it favors The UK in terms of timing. The UK is in essence still the most powerful bloc in the world. Its called the Commonwealth.
Livingston nh 21:50:21 GMT - 08/31/2018
al - agree but this the problem for the UK folks - play HARDBALL w/ the mopes and see how far they can stray from the political needs of Merkel, Macron et al
Dillon AL 21:32:31 GMT - 08/31/2018
and that jp will force the eastern bloc's hands led by Hungary followed by Poland and then reluctantly Czech. No amount of appeasement re appointments to leading EU institutions by nationals from those nations to try to induce the opposite reaction will work.
The die is cast and with Junker and Draghi going next year (and others) this will leave the mantle squarely upon Macron's shoulders to lead the charge and shape future policy however his comments in Denmark shows that he is as mad as the rest of the EU autocrats and thus is doomed before he even tries
The issue is was never IF but WHEN the union breaks up properly
I would remind Barnier another whose time is limited that The UK is the 2nd largest in Europe the 5th largest in the world...Screw Her Majesty and that places yet another nail in the coffin
nh at least the italian would care
-
BUT it brings forth the reminder of ECB's need to mutualize the currency union. The crazy fakks - the princes - need absolutely and with increasing urgency access to every increasing amounts of money - in the billions and billions upon billions - which means only one thing: press, squeeze and juice the EU taxpayers.
Livingston nh 20:30:03 GMT - 08/31/2018
This is the problem with debt in the EU -- Sovereign debt.?? --where is the benchmark rate?? IF ECB buys italian debt who cares
GVI20:24:03 GMT - 08/31/2018
Fitch revises Italy sovereign debt rating outlook to Negative from Stable; affirms BBB rating
- Source TradeTheNews.com
dc CB 19:30:52 GMT - 08/31/2018
Gaming to get "the last story out" on a Friday before a 3 day weekend for the US NUZ cycle-Weekend Talking Heads (bash Trump Fest) -----'cauz after The Last Word....nuttin' 'til Tueday....Clock runs thu to 11:45PM give or take
Livingston nh 19:29:26 GMT - 08/31/2018
USELESS idiot news about Argentina - S&P may cut //pretty helpful after the last two weeks
GVI19:24:33 GMT - 08/31/2018
CANADA-US NAFTA TALKS END WITH NO AGREEMENT; TRUMP TO NOTIFY CONGRESS OF PLANS TO PROCEED WITH MEXICO-ONLY DEAL TO REPLACE NAFTA - Announcement expected to say Canada can still join the revised NAFTA
- Source TradeTheNews.com
dc CB 19:23:11 GMT - 08/31/2018
Battle of the Billionaires:
Tweeter in Chief:
Donald J. Trump
@realDonaldTrump
Wow, I made OFF THE RECORD COMMENTS to Bloomberg concerning Canada, and this powerful understanding was BLATANTLY VIOLATED. Oh well, just more dishonest reporting. I am used to it. At least Canada knows where I stand!
2:37 PM - Aug 31, 2018
Interesting its not a joint press conference as far as we know. Could that be a hint?
Mtl JP 19:02:15 GMT - 08/31/2018
what about 1.3140:
long target or
wait to sell or ....
GVI Trader john 19:00:47 GMT - 08/31/2018
No word on what, if anything, was decided in the talks. Something undoubtedly will leak before the 4:30 EDT presser with the Canadian Foreign Minister.
Livingston nh 18:57:38 GMT - 08/31/2018
USD/CAD 1.3140
GVI18:56:04 GMT - 08/31/2018
Canadian Official: US/Canadian trade talks have concluded - press - Canadian Foreign Minister Freeland to hold news conference at 16:30EDT/20:30GMT
- Source TradeTheNews.com
GVI Trader john 17:02:51 GMT - 08/31/2018
Baker Hughes Rig Count
NEWS ALERT
U.S.
Total: 1048 vs. 1044 (+4) prev.
Oil: 862 8vs. 860 (+2) prev.
EU’s Barnier: Worked on the future relationship and have broad convergence on ambition of future ties - press conference with UK Brexit Min Raab in Brussels - Discussed the subject of security of citizens and guaranteed rights - Brexit must not lead to loss of intellectual rights - Need detailed backstop solution for Ireland; NO backstop then NO Brexit agreement
- Source TradeTheNews.com
Fukuoka joyya 11:58:56 GMT - 08/31/2018
usdcad 1.45/1.5 seems good target....
GVI Forex11:52:30 GMT - 08/31/2018
USDCAD spikes higher
07:50(CA) Canada govt officials said to doubt having a NAFTA deal by today (Friday, Aug 31st)
- Source TradeTheNews.com
GVI Trader john 09:01:28 GMT - 08/31/2018
Eurozone flash HICP (CPI) August 2018
ALERT
Headline
yy: +2.00% vs. +2.10% exp. vs. +2.10% prev.
CORE
yy: +1.00% vs. +1.10% exp. vs. +1.10% prev.
soon theyll call him Tarriif man instead of Trumpet man !!!
Mtl JP 18:30:46 GMT - 08/30/2018
Is that fully thought thru ?
what IF tariffs on that additional 200 bio do not produce desired result - what then - naval blockade of made-in-china teddybears ?
GVI18:23:42 GMT - 08/30/2018
Pres Trump reportedly supports implementing the proposed $200B in new China tariffs as soon as next week, though final decision is still pending - press - US could impose tariffs after end of the public comment period on Sept 6th- "Trump has told aides he wants to move ahead with a plan to impose tariffs on $200 billion in Chinese imports as soon as the public-comment period concludes next week"
- Source TradeTheNews.com
lkwd jj 17:23:30 GMT - 08/30/2018
buy brooklyn bridge better, even with no tolls...
haifa ac 17:16:03 GMT - 08/30/2018
so if interest rates in Argentina are now 60% (from 15% just yesterday)--is it a good investment?
60% is the highest rate in the world.
Fukuoka joyya 15:16:28 GMT - 08/30/2018
looks to aud nzd 10% down today.....
dc CB 14:59:41 GMT - 08/30/2018
Evita!
Argentina's 100Y bonds hit 70 cents on the dollar
Mtl JP 14:38:08 GMT - 08/30/2018
did not argentine CB hike rate to 60% and not because its gdb is running searing hot ?
EU said would agree with zero tariffs on industrial goods (including cars) if US agree - financial press - beyond what was agreed in July in the joint statement between European Commission President Jean-Claude Juncker and U.S. President Donald Trump
- Source TradeTheNews.com
GVI Trader john 07:56:39 GMT - 08/30/2018
Jobs data in line.
GVI Trader john 07:56:11 GMT - 08/30/2018
German Unemployment August 2018
NEWS ALERT
Rate: 5.20% vs. 5.20% exp. vs. 5.20% prev.
Change: -8 vs. -9K exp. vs. -6K (r ) prev.
Pres Trump: optimistic that Canada will join the US-Mexico trade deal; Canada trade talks are going well - Believes talks are on track for Friday deadline; Canada wants to be part of trade accord
- Source TradeTheNews.com
GVI16:52:10 GMT - 08/29/2018
Germany Fin Min Scholz: No-deal Brexit is no solution because the economies are too linked - The EU must accelerate Euro Area reform efforts- Advocates for European defense mergers
- Source TradeTheNews.com
GVI16:46:02 GMT - 08/29/2018
Canada PM Trudeau: Canada needs to reach the 'right deal' on NAFTA; there is possibility of deal being reached by Friday- Newsprint ruling is good news for Canada - Canada will defend dairy supply management
- Source TradeTheNews.com
GVI Forex16:24:59 GMT - 08/29/2018
Brexit whipsaw:
12:22(DE) Germany Foreign Ministry: there will be no special rules for a post-Brexit UK
- EU cohesion is a top priority; the EU will not diminish the single market
NEWS ALERT
Crude Oil: -2.600 vs. -1.500 exp vs. -3.800 prev.
Distillates: -0.800 vs. +1.500 exp vs. +1.800 prev.
Gasoline: -1.600 vs. -0.500 exp vs. +1.200 prev.
Chief Brexit Negotiator Barnier: We're prepared to offer Britain a partnership unlike with any other country - We respect Britain's red lines 'scrupulously'; in return they must respect what we areSingle market means single market and it's not negotiable; there is no single market a la carte- The Norway model is available but it's part of our single market
- Source TradeTheNews.com
GVI Trader john 14:02:10 GMT - 08/29/2018
U.S. Pending Homes Sales July, 2018
ALERT
-0.70% vs. +0.50% exp. vs. +0.90% (r +1.00%) prev.
Iran Supreme leader Khamenei: Tehran should give up hope on Europe to save nuclear deal after the US withdrawal
- Source TradeTheNews.com
GVI10:04:40 GMT - 08/29/2018
Brexit Min Raab said to be complaining about the availability of EU's Barnier - financial press - EU negotiator allegedly keeps turning down requests to meet Brexit secretary due to diary constraints
- Source TradeTheNews.com
GVI19:14:48 GMT - 08/28/2018
Reportedly Iran oil exports are falling faster than expected amid US pressure campaign - press
- Source TradeTheNews.com
PAR15:58:45 GMT - 08/28/2018
When I look for a book on Amazon I first always get an anti Trump sugge stion . LOL
PAR15:56:15 GMT - 08/28/2018
Guess Google is run by the KGB ?
Mtl JP 15:54:46 GMT - 08/28/2018
about 5hrs late so beg your pardon
-
he says she says type, fwiw:
Carney's Future Back in Spotlight Amid No-Deal Brexit Talk - BBRG
By Lucy Meakin and Jess Shankleman
August 28, 2018, 6:23 AM EDT Updated on August 28, 2018, 9:30 AM EDT
It is rather amuzing if not outright disturbing to read that
"Berlin fears a meltdown of the Turkish economy could spill over into Europe with dire consequences. ... ISTANBUL—The German government is considering providing "...
1) "Berlin", just like "German government" do not do anything in themselves. People with identifiable names can / may do some things.
2) ditto for "Turkey"
The reporting putzhood is almost as bad as when a piece claims "un-named sources". What is wrong with these folks that they shy from pinning names - do they not investigate and verify : why just half-baked story ?
Mtl JP 13:07:04 GMT - 08/28/2018
uk's may out earlier squawking that she wants to see turkey's economy flourish...
-
rather than be concerned with hallucinations about some "full-blown economic crisis" fx types run better odds of making moo-la off a run on banks and/or currency
Germany considers offering Turkey a financial lifeline - press - concerns grow in Berlin that a full-blown economic crisis could destabilize the region- talks are at an early stage and may not result in any aid
not sure what the trade off this should be:
....results on “Trump News” are from National Left-Wing Media, very dangerous. Google & others are suppressing voices of Conservatives and hiding information and news that is good. They are controlling what we can & cannot see. This is a very serious situation-will be addressed! - Trump 2:34 AM - 28 Aug 2018
for now just fwiw
GVI10:55:47 GMT - 08/28/2018
Govt spokesperson Swift: Working on October deadline for Brexit agreement - Source TradeTheNews.com
GVI10:30:21 GMT - 08/28/2018
BOE Gov Carney said to have been asked by govt to stay in position until 2020 (approx 1-year extension) - Financial press
- Source TradeTheNews.com
GVI20:22:35 GMT - 08/27/2018
Mexico official: it's 'almost certain' there will be a NAFTA announcement today - press ** NOTE: Earlier: (MX) Mexican official “we’ve concluded” talks with the US; announcement will come today - CNBC
- Source TradeTheNews.com
GVI13:43:14 GMT - 08/27/2018
US and Mexico reportedly come to partial agreement on NAFTA trade deal; would leave some issues unresolved - Wash Post
- Source TradeTheNews.com
GVI13:41:08 GMT - 08/27/2018
Pres Trump tweets: "A big deal looking good with Mexico!"
- Source TradeTheNews.com
GVI Trader john 08:10:14 GMT - 08/27/2018
German IFO Survey beats
GVI Trader john 08:00:58 GMT - 08/27/2018
German IFO Survey July 2018
NEWS ALERT
Climate: 103.8 vs. 101.6 exp. vs. 101.7 prev.
Current: 106.4 vs. 105.3 exp. vs. 105.3 prev.
Expectations: 101.2 vs. 98.5 exp. vs. 98.5 prev.
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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