DINARESGURUS.BLOGSPOT.COM_________

Thursday, October 22, 2015

TNT CHAT UPDATE, 22 OCT

TNT:

Timth21mad: The word on the street is that this could happen any moment from now till the 25th. Nov 3rd is the backwall.

Zzzzzzzzz:  Baghdad/ Iraq TradeLink: Iraqi police force found a copy of the Old Testament that dated back to several centuries. The sources added that the copy dated back to 700 years, with expected price of 50 million dollars. The copy was handed to the Iraqi National Museum, the sources added.

[freefall] http://www.ikhnews.com/index.php?page=article&id=142221

[freefall] Hcl ready to be launched….That's when Iraq gets paid than that means we get paid. It's articles that tell the story. When we see public ally articles that means us. Intel sources overrated imo

TBirdd:  june1 said earlier that Martha said to watch for this afternoon.... but now im wondering if that means the markets, or rv.... only the 8-ball knows for sure.. :))
....
TotallyBlessed:  With all our watching ... and waiting ... and learning ... and chatting ... and analyzing ... I've always believed that the RV will be a "suddenly!" Our jaws will drop. We'll scream with delight "It's HERE!" and then we'll pinch ourselves to be sure we are really awake. "Ouch!" Yep, we're awake and it is REAL!

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Red :  Elmer posted last evening he thought it might be going sometime last night. Has Elmer posted lately?

elmerf123456 :  No new news folks. Sorry. I've been up most of night watching.

One day someone will be right. I'm still looking for more news out of London.

There's a lot going on in the world, and Iraq is part of it.

I will bring in some WOTS to share later... Pam asked me to share so I will share.

Also China scored some deals on bonds, and inclusion with London and possibly the Shanghi market.That's big news if so.

Big meeting going on next week with Lagarde going, so that interests me...

Also she has not been on her Twitter since 10/12 after leaving Peru - she typically tweets every other day. So the fact that she hasn't -she has been very quiet - raises my eyebrows.

I'll check back later.

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Elmerf123456:  Snipit's from WOS 10/22
 

GLOBAL

OIL
Iran to Pay Oil Companies Larger Fees in 20-Year Contracts
Iran will pay foreign oil companies larger fees than it did under previous buy-back contracts to attract $100 billion of investments needed to rebuild its energy industry.

To read the entire article, go to http://bloom.bg/1GfXsGD
CURRENCIES

Currency Swings Evaporate as Central Banks Shy Away From Action
Expectations for price swings in currency markets fell to a two-month low as central banks disappoint traders hoping for bold policy actions.

To read the entire article, go to http://bloom.bg/1OQNVa6
Bad Boy Ruble Turns Star Currency for Fans of Russia Carry Trade
The recovery in Russian asset prices is rekindling interest in what was the world’s top carry trade strategy in the first half, and Citigroup Inc. and Commerzbank AG say there are more gains to come.

To read the entire article, go to http://bloom.bg/1GhGvvh

TREASURIES /BONDS
Currency War in Denmark Gets Tailwind From Banks Buying Bonds
As Denmark’s central bank resumes government bond auctions, it appears the biggest buyers are the country’s banks.

To read the entire article, go to http://bloom.bg/1Ro6yRN
Bonds Climb Across Europe as Oil-Price Drop Weighs on Inflation
Government bonds from the U.K. to Germany advanced as oil prices declined, weighing on the outlook for inflation and boosting demand for fixed-income assets. Treasuries also rose.

To read the entire article, go to http://bloom.bg/1XjxIx6
USA
Wells Fargo CEO Says Global Concerns Pose Biggest Risk to U.S
Wells Fargo's chief executive officer, comments on the U.S. economy during an interview with Bloomberg's Erik Schatzker on "Bloomberg Markets."

The greatest threats to U.S. growth are forces beyond its borders, Wells Fargo & Co. Chief Executive Officer John Stumpf said.

To read the entire article, go to http://bloom.bg/1W53Vpv
Obama Seeks Broad Bankruptcy Power for Puerto Rico Amid Crisis
President Barack Obama’s administration is pressing for Congress to give Puerto Rico broad powers to file for bankruptcy, seeking to help the commonwealth as it struggles with $73 billion of debt.

To read the entire article, go to http://bloom.bg/1W6sZ4H

Stocks close near session lows amid earnings
U.S. stocks closed lower Wednesday, as investors took in fresh corporate earnings.

Read more: http://www.cnbc.com/id/103095989
EMERGING MARKETS
Emerging Economy Growth Excluding China Trails Developed Nations
Economic expansion in most emerging markets lagged behind developed nations for the first time in 14 years in the second quarter as slowing world trade, heavy debt burdens and a pending increase in U.S. interest rates sapped growth, according to Citigroup Inc.

To read the entire article, go to http://bloom.bg/1GiDPO9
MIDDLE EAST
Egypt Appoints New Central Bank Head Amid Devaluation Debate
Egypt’s central bank Governor Hisham Ramez resigned and will be replaced by Tarek Amer, a former chairman of the country’s largest commercial bank, amid a national debate on whether policy makers should push for a steeper currency devaluation.

To read the entire article, go to http://bloom.bg/1Rnt6lB

The Thai Connection That Tells You Turkish Bank Debt Is Souring
Before July, SCB Asset Management Co., part of Thailand’s second-largest bank, held about $2 billion of medium-term notes issued by Turkish lenders. That’s now dropped to about $1.2 billion.

To read the entire article, go to http://bloom.bg/1Kn945l
Turkey's Central Bank Drops Commitment to Flat Yield Curve
Turkey’s central bank removed a phrase on maintaining a flat yield curve from its statement on interest rates on Wednesday, leaving analysts divided about whether the bank was indicating a move to a looser or tighter monetary policy.

To read the entire article, go to http://bloom.bg/1LKUtGu

ASIA
Tokyo jumps, but Shanghai posts biggest fall in 5 weeks
Asia diverged on Wednesday, with China stocks posting its worst one-day performance in five weeks. By contrast, Japan's Nikkei 225 jumped on the back of hopes for further easing.

Read more: http://www.cnbc.com/id/103094611
EUROPE
EU Commission Renews Push for Single Euro-Area Voice at IMF
The European Commission made a fresh push to bolster the euro area’s weight at the International Monetary Fund, seeking to give the currency bloc a single voice in the IMF by 2025.

To read the entire article, go to http://bloom.bg/1XjxHJB
Investment Bank Alumni Take on Former Bosses With New Dark Pool
David Klinger, who set up Asian electronic equity-trading businesses for Credit Suisse Group AG and Liquidnet Holdings Inc., is about to open a venue in Australia that he says will combine attributes of a dark pool and a sales desk.
To read the entire article, go to http://bloom.bg/1LFZQ69
Blessed: Did they just push the US aside?  Many deals were made between these two. wow!

Xi Jinping visit: UK-China ties 'will be lifted to new height'

20 October 2015

China's President Xi Jinping has said he believes his visit will lift UK-China relations to a "new height".

The UK and China were becoming more interdependent and a "community of shared interests," he said on the first full day of his four-day visit.

At a Buckingham Palace banquet, the Queen said this was a "very special year for our bilateral relationship".

The visit comes amid job losses in the UK steel sector, with cheap Chinese imports among factors being blamed.

Tata Steel has announced the latest in a series of cuts, with 1,200 jobs going at its plants in S****horpe and Lanarkshire. Prime Minister David Cameron has said he will raise the steel issue in talks with Mr Xi.
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Addressing peers and MPs in the Royal Gallery at Westminster, the Chinese leader said that, although his visit had just started, he was "deeply impressed by the vitality of China-UK relations".

"Although China and the UK are located at opposite ends of the Eurasian continent, we have a long shared deep mutual affection," he said.
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In an 11-minute speech, the president quoted Shakespeare as well as ancient Chinese proverbs, and referenced the involvement of Chinese troops in the Normandy landings in World War Two.

He was introduced by Commons Speaker John Bercow, who praised Myanmar's opposition leader Aung San Suu Kyi and "the innate human right of freedom".

BBC China editor Carrie Gracie said this would be perceived as a "bit of a dig" at China on the issue of human rights.

President Xi and his wife, Peng Liyuan, then travelled to Clarence House to meet the Prince of Wales and the Duchess of Cornwall for tea.

He later met the Duke of Cambridge at Buckingham Palace, ahead of the state banquet.
At the banquet, the Queen hailed the "milestone" visit of President Xi and declared Anglo-Chinese ties were being taken to "ambitious new heights".

She praised the country's rapid development which had lifted "hundreds of millions out of poverty", and said the relationship between the UK and China was now a "truly global partnership".

Earlier, President Xi was welcomed by the Queen, the Duke of Edinburgh and Mr Cameron during the ceremony in Horse Guards Parade, while a 41-gun salute was held in nearby Green Park.

He then took part in a carriage procession along The Mall, as he headed to Buckingham Palace for lunch with the Queen.

Mr Xi also held talks with Mr Corbyn and Labour said their leader raised a number of issues, including human rights and steel during a "cordial and constructive" meeting.

 President Xi Jinping: ''We are in an age of pursuing peace and development''

Protests have been held on The Mall and outside Parliament by members of the Anti-China Free Tibet group and the human rights group Amnesty International.

Crowds of anti-China protesters and pro-China supporters also gathered in front of Buckingham Palace.

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By Carrie Gracie, BBC China editor
From the point of view of the Communist Party leadership, it's imperative that the visit goes off without a hitch.


The government's reputation for competence was undermined over the summer by the stock market meltdown, growing questions over economic growth and the Tianjin warehouse explosions.

The party needs President Xi to be shown respect internationally in order to bolster its own popularity and power at home.

Chinese state media have effused about "the reddest of red carpets" and a new golden era of "win-win results" between China and the UK.

In general the public is supportive of President Xi, thanks to his campaign against corruption and his carefully-crafted "man of the people" image. They too want to see their leader, and his glamorous celebrity wife, shown respect on the world stage.

But there is also a fascination among the emerging middle classes of China for things British, including royalty, contemporary music, fashion and TV drama.

Ministers expect more than £30bn of trade and investment deals to be struck during the four-day visit.

The Treasury hopes that within 10 years China will be Britain's second biggest trading partner.

However, critics have accused the government of "kowtowing" to Beijing.

"If you act like a panting puppy, the object of your attention is going to think they have got you on a leash," James McGregor, chairman of consultancy group APCO Worldwide's Chinese operations, said.

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By Ben Geoghegan, BBC news correspondent

President Xi's supporters vastly outnumber the human rights protesters. So why the repeated attempts to block the protesters' banners and upstage them?

On several occasions, I've seen huge Chinese flags "strategically moved" so that they obscured signs and placards being held up by Amnesty International, Falun Gong or the Free Tibet movement.

When I was interviewing two female students a man appeared and told them to move to a different position because there was an anti-Xi message behind them.

My camera crew found the Chinese flag repeatedly being waved in front of the lens when they tried to film protesters.

The pro-China flags are bigger, their drums are louder. Some of President Xi's supporters seem determined to make sure their opponents aren't seen or heard.

Foreign Secretary Philip Hammond denied the government was being naive, saying it was "very much in our national interest to engage with China".

"I think we are developing a mature relationship with the Chinese," he said.

"They know that we are looking not just to China but to many other countries for infrastructure investment in the UK."

The trip has been hailed by officials from both countries as the start of a "golden era" of relations.

Chinese companies are to be allowed to take a stake in British nuclear power plants, and a trip by Mr Xi and Mr Cameron to Manchester later in the week is expected to see the announcement of further investment in the so-called "Northern Powerhouse" project.

But the visit comes after China's economy grew by 6.9% in the third quarter, the weakest rate since the global financial crisis.

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