something they should have done 2 years ago. All my posts both sides of The Forum have been about how The EU were not negotiating and now its out in the open. Whats crazy is the total silence. Silence comes from fear. The UK will not just be better off being outside the club but clearly the club feels stabbed in the back however they forget one thing ....The People requested this when they were asked the question....IE The peasants revolted. More fool The EU for around the corner there are a couple of former Eastern Bloc countries who may get fed up with Brussels and then there s always that thorny question..... Italy....They are right to be afraid but they are wrong to blame The UK
Mtl JP 23:33:56 GMT - 09/21/2018
Really...
U.K.’s Theresa May Says Brexit Negotiations Have Reached ‘an Impasse’ - wsj
But the New Yawk Times now sez it happened --- "so it mus' be da trooot"
Mr. Rosenstein made the remarks about secretly recording Mr. Trump and about the 25th Amendment in meetings and conversations with other Justice Department and F.B.I. officials. Several people described the episodes, insisting on anonymity to discuss internal deliberations. The people were briefed either on the events themselves or on memos written by F.B.I. officials, including Andrew G. McCabe, then the acting bureau director, that documented Mr. Rosenstein’s actions and comments.
None of Mr. Rosenstein’s proposals apparently came to fruition. It is not clear how determined he was about seeing them through, though he did tell Mr. McCabe that he might be able to persuade Attorney General Jeff Sessions and John F. Kelly, then the secretary of homeland security and now the White House chief of staff, to mount an effort to invoke the 25th Amendment.
Mr. Rosenstein then raised the idea of wearing a recording device or "wire," as he put it, to secretly tape the president when he visited the White House. One participant asked whether Mr. Rosenstein was serious, and he replied animatedly that he was.
dc CB 18:57:35 GMT - 09/21/2018
yup, anyone calling what has been going on for the last two years "an attempt at a soft coup" is obviously bonkers, crazy, looney tunes and a Conspiracy Wacko, spreadin FAKE NEWS.
GVI18:06:22 GMT - 09/21/2018
Deputy AG Rosenstein reportedly suggested that he secretly recorded Pres Trump to expose chaos in administration; discussed seeking to recruit cabinet members to invoke 25th Amendment to remove Trump from office - NY Times - Rosenstein reportedly talked to other officials about wearing a wire to record the President and discussed invoking the 25th Amendment to remove Trump in the days after Comey was fired in May 2017- He also reportedly said that Rosenstein thought he was being used by Trump in Trump's reasoning to fire former FBI head Jim Comey
- Source TradeTheNews.com
GVI Trader john 17:14:14 GMT - 09/21/2018
Baker Hughes Rig Count
NEWS ALERT
U.S.
Total: 1052 vs. 1055 (-3) prev.
Oil: 866 vs. 867 (-1) prev.
Canada: 197 vs. 226 (-29)
Senior White House Official: we're still optimistic that US can reach a trade deal with Canada but it's up to Canada - We're sticking to our guns on dairy in the NAFTA talks- Hopeful Canada deal can be reached by Sept 30th- There's reason to believe US lawmakers would support a Mexico-only deal - Source TradeTheNews.com
GVI Trader john 13:45:34 GMT - 09/21/2018
U.S. flash Markit Mfg & SVC PMI September 2018
ALERT
mfg: 55.6 vs. 55.0 exp. vs. 54.7 prev.
svc: 52.9 vs. 54.6 exp. vs. 54.8 prev.
09:38 (US) White House Chief Economist Hassett: we're very, very close to having to go forward on a trade deal with Mexico and not Canada - TV interview
- Source TradeTheNews.com
GVI13:04:56 GMT - 09/21/2018
PM May: we've always said Brexit talks would be tough; toughest moment will be the final strait; both sides still want a deal - Brexit negotiations statement **Reminder earlier in session we saw conflicting reports on whether or not PM May would make a statement. The Times tweeted she had 3 options (suspend negotiations, ramp up 'no deal' planning, ramp up linguistically without substance ). Shortly afterwards the BBC reported PM May will not change tack on Brexit - Source TradeTheNews.com
GVI13:04:55 GMT - 09/21/2018
PM May: we've always said Brexit talks would be tough; toughest moment will be the final strait; both sides still want a deal - Brexit negotiations statement **Reminder earlier in session we saw conflicting reports on whether or not PM May would make a statement. The Times tweeted she had 3 options (suspend negotiations, ramp up 'no deal' planning, ramp up linguistically without substance ). Shortly afterwards the BBC reported PM May will not change tack on Brexit - Source TradeTheNews.com
GVI Trader john 13:03:05 GMT - 09/21/2018
UK blaming PM May delay on "Technical Difficulties". If you believe that...
GVI Trader john 12:41:57 GMT - 09/21/2018
PM May announcement due in 5mins delayed.
>> TTN.com
GVI Trader john 12:33:34 GMT - 09/21/2018
Canada: CPI (August) Retail Sales (July) 2018
NEWS ALERT
Headline CPI
mm: -0.10% vs. -0.10% exp. vs. +0.50% prev.
yy: 2.80% vs. +2.80% exp. vs. +3.00% prev.
Retail Sales
Headline: +0.30% vs. +0.40% exp. vs. -0.20% prev.
X-Autos: +0.90% vs. 0.60% exp. vs. -0.10% prev.
PM May’s team are exploring ways to insert the “consent principle” into the EU’s proposed Northern Ireland backstop - Politico article - The move is part of a two-pronged diplomatic assault to heavily modify the backstop — which both sides agreed to in principle last December — so that May can sell it to her own party and to the Democratic Unionist MPs whose votes prop up her government. - Source TradeTheNews.com
GVI Trader john 08:03:08 GMT - 09/21/2018
Mixed PMIs Mfg readings weak. Services mixed.
GVI Trader john 08:02:12 GMT - 09/21/2018
BREAKING NEWS: EZ Flash PMIs September 2018
ALERT
EZ
mfg: 53.3 vs. 54.5 exp. vs. 54.6 prev.
svc: 54.7 vs. 54.4 exp. vs. 54.4 prev.
German
mfg: 53.7 vs. 55.7 exp. vs. 55.9 prev.
svc: 56.5 vs. 55.0 exp. vs. 55.0 prev.
France
mfg: 52.5 vs. 53.3 exp. vs. 53.5 prev.
svc: 54.3 vs. 55.4 exp. vs. 55.4 prev.
British and French military jets reportedly were scrambled to respond to potential Russian jets over the North Sea - UK press - Source TradeTheNews.com
Prime Min May: we had a productive summit; EU's Tusk confirmed commitment to reach a deal - post Salzburg meeting comments - UK's white paper is the only serious proposal on the table; I am confident we will reach a deal- Reiterates can be no withdrawal agreement with backstop in Ireland; backstop cannot divide UK into two separate parts - Source TradeTheNews.com
GVI13:21:29 GMT - 09/20/2018
EU President Tusk: reiterates there will be no Brexit agreement without an Irish backstop - Salzburg press conf - PM May's Chequers framework for economic cooperation will not work- Oct 18th summit will be a moment of truth for Brexit; maximum progress is needed in Oct - Source TradeTheNews.com
GVI Trader john 12:30:42 GMT - 09/20/2018
BREAKING NEWS: U.S. Philly Fed Index September 2018
alternately, he could stop "protecting" them.
and how are they supposed to pay for all the personnel and toys that "protect" them with 10-40 dlr barrel ?
GVI11:29:49 GMT - 09/20/2018
US President Trump tweets "We protect the countries of the Middle East, they would not be safe for very long without us, and yet they continue to push for higher and higher oil prices! We will remember. The OPEC monopoly must get prices down now! - Source TradeTheNews.com
GVI10:55:57 GMT - 09/20/2018
UK PM May said to indicate no backstop deal in time for October deadline - press - Source TradeTheNews.com
GVI10:55:56 GMT - 09/20/2018
UK PM May said to indicate no backstop deal in time for October deadline - press - Source TradeTheNews.com
GVI Trader john 08:42:11 GMT - 09/20/2018
Retail Sales Better than expected.
GVI Trader john 08:41:32 GMT - 09/20/2018
U.K. Retail Sales August 2018
-- NEWS ALERT --
mm:+0.30% v -0.10% exp. vs. +0.70% (r +0.90%) prev.
x-fuel & autos
mm: +0.30% v -0.40% exp. vs. +0.90% (r +1.10%) prev.
EU needs to understand that The UK is a major source of tourism into The EU. UK families could easily be persuaded to go elsewhere. Then how would The Costas and Balearic isles look relying solely on Germans with beach bagging towels
Prime Min May reportedly told EU leaders that extending Brexit talks is not an option; there will not be a second referendum; Northern Ireland cannot have a separate customs regime - Prepared to tell EU leaders to drop the unacceptable Brexit demands and the onus is on all of us to get deal done - Source TradeTheNews.com
GVI18:10:54 GMT - 09/19/2018
Brexit Minister Raab: need to see EU move in our direction in Brexit talks, if we don't get that it will be a lose-lose situation - Brexit negotiations can be intense but have been professional - Source TradeTheNews.com
PAR17:35:40 GMT - 09/19/2018
Brexit . There is just NO Brexit deal .
May just wants to stay in Europe club without paying membership fee.
It makes no sense. Go and enjoy the Commonwealth . Please leave Europe asap .
GVI17:27:09 GMT - 09/19/2018
Irish PM Varadkar: we are no closer to a Brexit deal than we were in March - Ireland would suffer in a no-deal Brexit situation - Source TradeTheNews.com
GVI17:22:26 GMT - 09/19/2018
Prime Min May: reiterates EU will need to evolve its position, too, like the UK has done; will talk to EU leaders about the Chequers plan, believes it is the right proposal - Chequers is the only credible plan to ensure frictionless trade and no hard Irish border - Welcomes EU's Barnier's recognition that a new proposal on Irish border is needed; original EU plan was not acceptable - My govt will never accept a second referendum on Brexit - We cannot accept Northern Ireland being carved away- Our proposal is a fair arrangement that will work for EU and UK economy without undermining single market - Source TradeTheNews.com
GVI17:21:40 GMT - 09/19/2018
EU's Juncker: EU and UK are still far away from a Brexit deal - press - Germany Chancellor Merkel: There won't be any decisions made at the Salzburg summit; hopes there will be a Brexit in a good atmosphere with mutual respect- We're slowly moving into Brexit's final phase of negotiations - Source TradeTheNews.com
GVI15:00:27 GMT - 09/19/2018
Austria Chancellor Kurz: we need to reach a Brexit agreement; anything else would hurt both sides
- EU Negotiator Barnier has made a step toward the UK; we expect a reciprocal action from the UK
- Both sides will need to try to find compromise; I'm still optimistic
NEWS ALERT
Crude Oil: -2.100 vs. -0.800 exp vs. -5.300 prev.
Distillates: +0.800 vs. +0.200 exp vs. -5.300 prev.
Gasoline: -1.700 vs. -0.500 exp vs. +1.300 prev.
EU's Tusk: Brexit negotiations are entering a decisive phase - UK must rework proposals on Northern Ireland and future trade- There is more hope but less and less time - There is readiness to cooperate closely on certain issues
- Source TradeTheNews.com
GVI Trader john 12:33:26 GMT - 09/19/2018
U.S. House Starts & Permits (000) August 2018
NEWS ALERT
Starts: 1.280 vs. 1.230 exp. vs. 1.170 (r 1.303) prev.
Permits: 1.230 vs. 1.300 exp. vs. 1.310 (r 1.311) prev.
UK PM May reportedly rejecting EU Barniers improved Irish Border offer - press - Reportedly set to reject as Mr Barnier has not dropped his insistence that NI to be treated as a separate customs jurisdiction from the rest of the UK.
President Trump is such an under-appreciated uniting consensus builder:
'Another trillion in debt, here we come': Cohn sees Trump working with Democrats on infrastructure - CNBC
Mtl JP 17:53:46 GMT - 09/18/2018
in another version of the "news"
Freeland said Tuesday she was not aware of a “threat letter” from a Republican politician calling on Canada to cooperate with NAFTA negotiations, saying they have been “extremely cooperative.”
GVI17:21:42 GMT - 09/18/2018
(CA) Canada Foreign Min Freeland: Canada is being extremely cooperative in the NAFTA discussion with the US - Source TradeTheNews.com
Mtl JP 14:02:49 GMT - 09/18/2018
not so breaking anymore as few hours old so only fwiw:
Donald Tusk: Responsible action needed to avoid Brexit 'catastrophe'
EU leaders will meet later this week to review the progress being made in negotiations
Remember deficits of 3 % of GDP and total debt of 60% of GDP .
Rules not worth the paper written on . Broken by everybody .
ECB does what it wants . Breaks every possible monetary rule . Organizes massive transfers.
Et alors .
Macron is like Trump . A president for the rich , elected with promises to help the people .
jkt abel 09:15:49 GMT - 09/18/2018
French and Brits like water and oil
Mtl JP 09:09:53 GMT - 09/18/2018
re nh 12:12 GMT September 17, 2018
A note of caution
-
your linked piece now refers to some new french concept, viz:
"the political declaration was not legally binding, its terms should be clear and that they would be held to by the EU during the trade deal negotiations in the possible 21-month transition period after Brexit.”
there is a reason the french have a reputation for pomposity
Mtl JP 08:49:38 GMT - 09/18/2018
nh courageous BUT nameless/faceless "senior EU diplomats" have predicted...
good for trading while it lasts
Livingston nh 08:33:36 GMT - 09/18/2018
Daily dose of BREXIT -
"The British government will have to experience its “darkest hour” and stare into the abyss of a no-deal Brexit before it will cave in to Brussels demands, senior EU diplomats have predicted." LINK
Still talking past each other - more a food fight than a negotiation
GVI21:39:40 GMT - 09/17/2018
EU officials reportedly are insisting that the UK can't renegotiate Brexit - UK press
- Source TradeTheNews.com
GVI19:57:37 GMT - 09/17/2018
UK Prime Min May: under a no-deal Brexit, there would be disruptions but UK has to make success of a potential no-deal Brexit - BBC interview
- Source TradeTheNews.com
GVI14:11:28 GMT - 09/17/2018
EU Brexit Negotiator Barnier: Brexit deal is possible if integrity of single market is preserved - EU offers full support to Spain in Gibraltar Brexit discussions; talks must conclude as soon as possible - Source TradeTheNews.com
Jkt Abel 13:52:27 GMT - 09/17/2018
Above 13150 heading to 13290
Dubai MA 13:40:41 GMT - 09/17/2018
Red, if you are around, is brexit on the road to a solution and is gbpusd headed for 1.32-1.35? TIA for your opinion.
Mtl JP 12:50:38 GMT - 09/17/2018
in principle means only that they express a will to come back to negotiate again / some more while nothing specific has been agreed on.
-
GBP 1.3135 still some ways under its 100day
so until it breaches that and stays there = I call gbp mildly bullish
GVI12:46:58 GMT - 09/17/2018
Northern Ireland's DUP Official: DUP won't countenance anything that creates barriers to and within UK's internal market or erects barriers in customs or regulation
- Source TradeTheNews.com
GVI Trader john 12:40:08 GMT - 09/17/2018
GBP running with the "agreement in principle" on Brexit. Often an agreement in principle can be meaningful even if it is not binding.
agreement in principle = basically meaning-less; no legal weight
Livingston nh 12:12:32 GMT - 09/17/2018
A note of caution -- there is a world of difference in the meaning of an agreement in principle between the Franco-Prussian (EU) concepts of legal detail and Anglo Saxon Common Law concepts of legal intention
PAR12:08:37 GMT - 09/17/2018
Brexit looks like a done deal without much economic impact .
The more things change the more they stay the same .
GVI12:01:47 GMT - 09/17/2018
EU Council: Some parts of draft withdrawal agreement have already been agreed in principle by the UK and EU negotiators, although nothing is agreed until everything is agreed - Source TradeTheNews.com
Livingston nh 11:40:33 GMT - 09/17/2018
jp - the OWB (Older, Wiser, Better) folks will fight for status quo to your last farthing // they just don't get it
Mtl JP 11:34:05 GMT - 09/17/2018
nh 11:23 were u typing that with a straight face or tears in your from agony or laughter ?
Livingston nh 11:23:36 GMT - 09/17/2018
Elites are gathering the Clans as IMF chimes in on Brexit to assist Carney and Hammond - "Lagarde said the IMF’s forecast of 1.5% growth next year was based on a smooth exit from the EU. Her remarks were seized upon by the chancellor, Philip Hammond, as evidence that the UK had to strike a deal that would safeguard jobs and prosperity." GUARDIAN
GVI10:58:54 GMT - 09/17/2018
Govt spokesperson Slack: UK is making progress in talks with EU, reiterates confidence in reaching a Brexit deal - Chequers provides a basis for stable relationship with EU
- Source TradeTheNews.com
GVI10:17:29 GMT - 09/17/2018
ECB's Vasiliauskas (Lithuania): No ground to talk about extension of ECB stimulus - speaks on pension reform -
-- Source TradeTheNews.com
GVI Trader john 09:10:43 GMT - 09/17/2018
Eurozone final HICP (CPI) August 2018
ALERT
Headline
yy: +2.00% vs. +2.00% exp. vs. +2.00% prev.
CORE
yy: +1.00% vs. +1.00% exp. vs. +1.00% 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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