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Monday, August 24, 2015

MY LADIES CHAT UPDATE, 24 AUGUST

My Ladies Private Chatroom:

DS:  Iraq better start selling bonds very soon the oil price is going down

Princess DD: Crude oil tumbles below $39 a barrel on China market turmoilhttp://www.marketwatch.com/story/oil-tumbles-to-fresh-lows-on-china-market-turmoil-2015-08-24-2103336

Dave: yep…incredible…..oil 6 yr low i believe

DS: Oil is 38.32

Princess DD: The dow was down nearly 1100 points.  worst day since 1987 where it lost 22% in one day.

Panic!! All Major US Equity Indices Halted
....
http://www.zerohedge.com/news/2015-08-24/panic-all-major-us-equity-indices-halted

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Sager:  This is part of the process to move to the new system I believe….So good for us

MArtin Armstrong:  "Everything still suggests that we have a Directional Change this week and today could be the intraday low. So pay attention."

 "With Iran coming back on line, we are still expecting oil to fall to test the key support in the $31-$35 range. The base metals are also getting hit with"

http://www.armstrongeconomics.com/archives/36393

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Princess DD: WOW: Lots of tug o war with the oil and currencies this morning.

Currency Wars Escalate As China’s Move Triggers a Chain Reaction

The move by China to devalue the renminbi resonates across global markets as emerging markets currencies collapse  http://www.financemagnates.com/forex/analysis/currency-wars-escalate-as-chinas-move-triggers-a-chain-reaction/

Princess DD: Emerging Market Currencies Struggle as Analysts Warn of ‘Total Carnage’http://rapidnewsnetwork.com/emerging-market-currencies-struggle-as-analysts-warn-of-total-carnage/138020/

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Princess DD: African Assets Tumble as Commodity Slump Hurts Bonds, Currencieshttp://www.bloomberg.com/news/articles/2015-08-24/african-assets-tumble-as-commodity-slump-hurts-bonds-currencies

Princess DD: Could Greece Have Two Currencies?  https://themarketmogul.com/could-greece-have-two-currencies/

Princess DD: Commodity currencies buck the trend to drop against USDhttps://www.fxstreet.com/news/forex-news/article.aspx?storyid=7856cd23-4fd2-4f53-ac12-a293eaac8cbb

Princess DD: Cedi crashes against major foreign currencies (Ghana)http://www.ghanaweb.com/GhanaHomePage/business/Cedi-crashes-against-major-foreign-currencies-377228

Princess DD: Emerging economies allow their currencies fall to stay competitivehttp://www.khaleejtimes.com/article/20150824/ARTICLE/308239905/1036

Princess DD: Commodity Currencies Fall Amid Risk Aversionhttp://www.hellenicshippingnews.com/commodity-currencies-fall-amid-risk-aversion/

Princess DD: Sinking currencies point to jitters about emerging economies
http://www.dallasnews.com/business/headlines/20150823-sinking-currencies-point-to-jitters-about-emerging-economies.ec

Princess DD: $70bn wiped from Australian shares in worst day of trading for six yearshttp://www.theguardian.com/business/2015/aug/24/70bn-wiped-from-australian-shares-in-worst-day-of-trading-for-six-year

Princess DD: World leaders and Congress pose September challenges for Obama
http://www.santafenewmexican.com/news/world-leaders-and-congress-pose-september-challenges-for-obama/article_32b2f9c6-36b2-5ab1-a09c-5bddeaf987a1.html
MODELLER52: Our market lost 60 billion today, they expect a similar result for Tuesday, economists say its all about China, and what they do next,,,,,   http://www.msn.com/en-au/money/markets/more-than-dollar60bn-wiped-from-aussie-shares/ar-BBm1HyJ?ocid=spartanntp

MODELLER52: http://www.msn.com/en-au/money/markets/china-fears-and-global-growth-doubts-grip-markets/ar-BBm1uO8?ocid=spartanntp

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Princess DD: European bourses join global sell-off  http://www.ft.com/intl/cms/s/0/31b86b60-4a05-11e5-9b5d-89a026fda5c9.html#axzz3jjSjNs1X
http://money.cnn.com/2015/08/23/investing/world-stock-markets/

Global Shares Dive Further Amid China Fear

The slide in world stock markets shows no sign of easing soon as concerns over China's economy dominate investors. http://news.sky.com/story/1540630/global-shares-dive-further-amid-china-fears

Stock market rout wipes £50bn off FTSE 100 in China panic – livehttp://www.theguardian.com/business/live/2015/aug/24/global-stocks-sell-off-deepens-as-panic-grips-markets-live

Princess DD: Shanghai exchange falls about 8.5%; triggers global sell-offhttp://www.latimes.com/business/la-fi-asian-markets-20150823-story.html

Princess DD: Black Monday': £56bn wiped off FTSE 100 as China fears prompt global panic-selling

China suffers worst trading day in eight years, and Russia's rouble falls to all time low in chaotic trading http://www.telegraph.co.uk/finance/markets/11819812/Black-Monday-live-FTSE-100-China-global-markets.html

Princess DD: 10-year bond yields break below 2%   https://www.cnbc.com/2015/08/24/10-year-bond-yields-break-below-2.html

Princess DD: Selling Frenzy Grips Markets as Traders Tally Losses From Routhttp://www.bloomberg.com/news/articles/2015-08-24/panic-grips-markets-as-traders-tally-losses-from-global-selloff

Princess DD: Selloff continues in Europe as markets plunge 3%https://www.cnbc.com/2015/08/24/european-markets-to-plunge-as-global-selloff-continues.html

Princess DD: China or Fed: Who Is Responsible for Global Selloff?http://www.bloomberg.com/news/videos/2015-08-24/china-or-fed-who-is-responsible-for-global-selloff-

]Princess DD: China Stocks Sink Most Since 2007 as Selloff Continueshttp://www.bloomberg.com/news/videos/2015-08-24/china-stocks-sink-most-since-2007-as-selloff-continues

Princess DD: Global Market Selloff Spreads From China to Europehttp://www.bloomberg.com/news/videos/2015-08-24/global-market-selloff-spreads-from-china-to-europe

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Princess DD: The Danger of Correlating Commodities and Equitieshttp://www.bloomberg.com/news/videos/2015-08-24/the-danger-of-correlating-commodities-and-equities

Princess DD: Market Panic Goes Global as China Impacts the Worldhttp://www.bloomberg.com/news/videos/2015-08-24/market-panic-goes-global-as-china-impacts-the-world

Princess DD: What's Causing the Selloff in Asia? http://www.bloomberg.com/news/videos/2015-08-24/what-s-causing-the-selloff-in-asia-

Princess DD: Iran Says It Will Raise Oil Output 'at Any Cost'http://www.bloomberg.com/news/videos/2015-08-24/iran-says-it-will-raise-oil-output-at-any-cost-

Princess DD: Summers: Fed Looks Set to Make a Dangerous Mistakehttp://www.bloomberg.com/news/videos/2015-08-24/summers-fed-looks-set-to-make-a-dangerous-mistake

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Princess DD: Turmoil latest: DAX tanks 5%; Shanghai slides 8.5%
https://www.cnbc.com/2015/08/24/turmoil-latest-china-down-8-oil-under-40.html

Princess DD: Black Monday': £56bn wiped off FTSE 100 as China fears prompt global panic-selling

PrincessDD:  China’s Black Monday… and the Fed
http://ftalphaville.ft.com/2015/08/24/2138103/chinas-black-monday/

Rejoice…Better Buckle Up

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Princess DD: It Is a Key Moment’: Chinese Stock Market Plunge Causes Global Routhttp://www.theblaze.com/stories/2015/08/24/it-is-a-key-moment-chinese-stock-market-plunge-causes-global-rout/

Princess DD: China plunges 8.5% triggering global rout http://www.ft.com/intl/cms/s/0/855d2014-4a30-11e5-b558-8a9722977189.html#axzz3jjSjNs1X

Princess DD: Japanese Stocks Plunge Most in Two Years, Entering Correctionhttp://www.bloomberg.com/news/articles/2015-08-24/japan-stocks-slump-following-u-s-lower-as-global-rout-deepens

Princess DD: London stocks plunge, wiping $80 billion off FTSE 100http://www.marketwatch.com/story/london-stocks-fall-further-into-correction-on-china-slowdown-fears-2015-08-24

Princess DD: Stock Market Turmoil: Dow Appears Headed for Another Big Declinehttp://www.nbcnews.com/business/energy/stock-market-turmoil-dow-appears-headed-another-big-decline-n414746

PrincessDD:  China suffers worst trading day in eight years, and Russia's rouble falls to all time low in chaotic trading http://www.telegraph.co.uk/finance/markets/11819812/Black-Monday-live-FTSE-100-China-global-markets.html

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