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Mtl JP  18:15:04 GMT - 12/02/2020  
this is really really good one ...
brexit
-
..."it is still unclear whether negotiators can bridge the gaps on issues like level playing, governance and fis.. ."

level playing field ? gimme a break
governance ? gimme a bigger break !
UK must not give an inch to the EU regals else


Mtl JP  18:05:19 GMT - 12/02/2020  
some headline evolution about brexit / barnier
(u all know what I am betting on)
-
POLITICO.eu
Michel Barnier: EU contingency planning to kick in if Brexit deal chances slim by Thursday
With the end of the transition period looming, EU capitals are nervous about a potential a no-deal.
3 hours ago

RTE.ie
Barnier says coming hours key if Brexit deal to be done
European Union chief Brexit negotiator Michel Barnier has said that the future relationship negotiations would be in crisis if the UK introduced ...
4 hours ago

FRANCE 24
Chief EU Brexit negotiator Barnier says talks nearing 'make-or-break' point
Chief EU Brexit negotiator Michel Barnier warned Wednesday he could not guarantee he would strike a trade deal with Britain, diplomats said, ...
7 hours ago

The Sun
Brexit news latest – Barnier makes EMERGENCY call to EU states warning them to prepare for no-deal i
8 hours ago

Financial Times
Barnier seeks to win round EU capitals as Brexit endgame raises tensions
Michel Barnier sought to reassure Paris and other jittery EU capitals on Wednesday that he would protect the bloc's interests in the creative ...
8 hours ago

Daily Express
Brexit LIVE: Barnier's 'huge miscalculation' to force 'defiant UK' to embrace no deal
MICHEL BARNIER would be making a 'significant miscalculation' if he bows to pressure hardline EU countries and presses ahead with a no ...
10 hours ago

The Guardian
Nervy EU states wary of Brexit concessions by Michel Barnier
Michel Barnier will be told on Wednesday that the EU capitals want full sight of any deal with the UK before it is agreed, amid concerns the ...
18 hours ago

Telegraph.co.uk
Michel Barnier under pressure not to give too much away as Brexit talks go to the wire
European Commission receives 'serious warning' from France that it is making dangerous concessions on key negotiating lines.
20 hours ago

Bloomberg
Barnier Voices Caution as Brexit Negotiators Race to a Deal
British and European Union officials are racing to strike a post-Brexit trade deal before the start of next week, with EU chief negotiator Michel ...
22 hours ago


Mtl JP  17:43:53 GMT - 12/02/2020  
 
GBP 1.3362-ish
-
good oscillations in this puppy
responding correlationally to politicians' jaw movements
gawdd how I hate to love the political crass


Israel MacroMicro  16:21:31 GMT - 12/02/2020  
JP 16:14

some VIX calls NOW will not harm you within any script
good luck


Mtl JP  16:14:56 GMT - 12/02/2020  
maybe biden (and team-member janet) will be optional if things start to work out all by themselves:

‘ The lessons and warnings of history are clear if one looks for them’

The U.S. is at a ‘tipping point’ that could lead to civil war, warns the world’s biggest hedge-fund manager
Shawn Langlois



Minneapolis DRS2  16:09:35 GMT - 12/02/2020  
Can Biden add more?

It all depends on you. (In an admittedly small way.)

If the USD is supported, then the debt will increase.

This will continue until the USD is no longer supported.


Mtl JP  16:04:01 GMT - 12/02/2020  
PAR 15:47 your naiivite appears boundless
not to mention entertaining
-
look at the line - up... takers to the left, takers to the right ... takers all around. and YOU care ?

..."The SBA’s inspector general said in October that there were “strong indicators of widespread potential abuse and fraud in the PPP.” The watchdog counted tens of thousands of companies that received PPP loans for which they appear to have been ineligible..."

(WSJ) SBA Releases Detailed Information on More Small Business Borrowers Under Pandemic Relief Effort



PAR 15:47:35 GMT - 12/02/2020  
https://www.usdebtclock.org/

Trump added $ 7 trillion in four years.

Can Biden add more?

Next week big auctions.


Mtl JP  15:14:11 GMT - 12/02/2020  
john 11:03 - re It hard to see how Biden will ...
-
Some behind the biden "solution" screamers suggest that by grabbing some tax from the relatively rich folks and re-distributing it to those who are relatively not so well off somewhat evens out the players on the field and enlarges the pool of those with new ability to spend. Supplementally to that comes janet with her pledge "to work every day towards rebuilding their dream for all Americans,” and “To the American people, we will be an institution that wakes up every morning thinking about you, your jobs, your paychecks, your struggles, your hopes, your dignity and your limitless potential.”

IN THE MEANTIME :
Average new mortgage tops $300,000 for first time as consumer debt in Canada hits $2 trillion
About 12% of new credit taken by Canadians already deferring payment on existing debt
"debt endures endears" - Carney Sep. 30 2010


AT Trader john  11:03:49 GMT - 12/02/2020  
Observations:
Getting EURUSD above the 1.20 line has been a major accomplishment. Key now will be for it to hold. Don't be surprised if 1.20 gets tested.

UK approval of the Pfizer Covid vaccine is a light at the end of the tunnel. We are waiting for the FDA to move next and hoping there are no glitches.

Where Brexit talks stand is still a guessing game for traders. We do know that December 31 is a hard deadline.

The inevitable transition to a Biden presidency is gaining momentum and every day President Trump becomes more of a lame duck.. The new Biden administration is looking more and more like "Obama II" , with a lot of familiar faces popping up. The extreme left of the Democrat Party is being kept to the side with only token representation. It hard to see how Biden will promote growth given his plans for higher taxes.

EURUSD is relatively steady at a neutral 1.2050 level. Once again we will be keeping close tabs on the EURGBP cross. U.S. equities are about steady. The same can be said for the Aussie and CAD at this hour.



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Mtl JP  10:23:23 GMT - 12/02/2020  
some early morning funnies
-
Health-care workers and nursing-home residents should be the first to get COVID-19 vaccine, CDC committee says

Larry Summers says deficit reduction would be ‘catastrophic,’ argues for new government debt yardstick
- MarketWatch


AT Trader john  10:19:32 GMT - 12/02/2020  
Wednesday: RISK-Mixed
DJ: 29,704 -96
SP: 3,655 -6
NQ: 12,444 -10

2-yr 0.164% -0.1 bp
Spread 10s-2s +76.4bp (+69.8)
10-yr

US: 0.928% -0.6 bp UK: 0.352% +0.3 bp
DE: -0.519% +0.3

EURUSD MACRO TREND: POSITIVE
Spots (Pivot Point prev day)
EURUSD 1.2058 (1.2008)
GBPUSD 1.3355 (1.3393)
EURGBP 0.9028 (0.8970)
USDJPY 104.68 (104.37)

THIS Week 1.2088-1.1925 (163 pips)
wed: 1.2088-1.2046 (42)
tue: 1.2077-1.1925 (159)
mon: 1.2005-1.1942 (53)
fri: 1.1933-1.1907 (24)
thu: 1.1941-1.1886 (55)
20-d avg: 1.1852
50-day avg: 1.1789
100-day avg: 1.1780
200-day avg: 1.1423

Global-View Daily Trading Chart Points







Mtl JP  00:27:56 GMT - 12/02/2020  
 
Janet on Dec 1 2020, sounding like justin trudeau:

“I pledge as treasury secretary to work every day towards rebuilding their dream for all Americans,” Yellen said. “To the American people, we will be an institution that wakes up every morning thinking about you, your jobs, your paychecks, your struggles, your hopes, your dignity and your limitless potential.”

(Reuters) Treasury nominee Yellen warns of 'self-reinforcing' U.S. downturn, vows to aid needy



AT Trader john  21:19:01 GMT - 12/01/2020  

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Wed 2 Dec 2020
A 13:15 US- ADP Payrolls
A 15:30 US- EIA Crude
Thu 2 Dec 2019
Final Service PMIs all day
A 13:30 US- Weekly Jobless
Fri 3 Dec 2019
AA 13:30 US/CA- Employment
A 13:30 US/CA- Trade
A 15:00 US- Factory Orders




AT Trader john  21:14:53 GMT - 12/01/2020  
Tuesday: RISK-ON
DJ: 29,824 +185
SP: 3,662 +38
NQ: 12,355 +156

2-yr 0.172% +2.5 bp
Spread 10s-2s +69.8bp (+69.8)
10-yr

US: 0.931% +8.9 bp UK: 0.352% +0.3 bp
DE: -0.518% +0.4

EURUSD MACRO TREND: POSITIVE
Spots (Pivot Point prev day)
EURUSD 1.2067 (1.2008)
GBPUSD 1.3423 (1.3393)
EURGBP 0.8992 (0.8970)
USDJPY 104.30 (104.37)

THIS Week 1.2077-1.1925 (159 pips)
tue: 1.2077-1.1925 (159)
mon: 1.2005-1.1942 (53)
fri: 1.1933-1.1907 (24)
thu: 1.1941-1.1886 (55)
wed: 1.1930-1.1882 (48)
20-d avg: 1.1852
50-day avg: 1.1789
100-day avg: 1.1780
200-day avg: 1.1423

Global-View Daily Trading Chart Points










Actionable trading levels delivered LIVE to YOUR charts

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

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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