TNT:
Iko Ward: Well guys, here goes nothin...VND Dong has not polled since 0400 Wednesday morning. Remember how DC always says follow the movement. In this case we are following the lack of it. Dong ALWAYS trades on the Asian market. A spread anywhere from 350-550 points. It has been 000.000 for two markets now, not to mentions ion Europe and the U.S. Combined with everything else we are hearing, this is extremely positive.
Humility: Most European markets are closed Friday as Europe celebrates the May Day holiday. London's FTSE 100, the only major European market that's open, was edging down in early trading. Most Asian markets were closed Friday.
Iko Ward: Humility, while that's true, Forex always does an end of week poll for them Friday and Asia being closed on Friday does not explain the inactivity since Wednesday.
....
Iko Ward: Well guys, here goes nothin...VND Dong has not polled since 0400 Wednesday morning. Remember how DC always says follow the movement. In this case we are following the lack of it. Dong ALWAYS trades on the Asian market. A spread anywhere from 350-550 points. It has been 000.000 for two markets now, not to mentions ion Europe and the U.S. Combined with everything else we are hearing, this is extremely positive.
Humility: Most European markets are closed Friday as Europe celebrates the May Day holiday. London's FTSE 100, the only major European market that's open, was edging down in early trading. Most Asian markets were closed Friday.
Iko Ward: Humility, while that's true, Forex always does an end of week poll for them Friday and Asia being closed on Friday does not explain the inactivity since Wednesday.
....
Iko Ward: Of course, this is one small piece of the puzzle but revealing when viewed with all the other Intel….
REI: What I am looking for is not just a hyped up Friday, but Wednsday and Monday calls too. Then I know we have made it..... JMHO We had the Wednsday excitement and I am sure today will be too. So I will keep my eyes open for Monday excitement and then I believe we will be there....I hope.
Iko Ward: REI...Monday is still my PUBLIC day as well but I'm hoping to see serious early exchange between now and then. Maybe even some groups by Sunday.
REI: IKO... I agree it only makes sense....but then again it is Iraq.
Fitzgerald: IS IT BOTTLE POPPING TIME????????...LISTEN I DONT PROVIDE A LOT OF INTEL BUT WHAT I DO KNOW IS THAT MY BANK IS READY AND THEY SAID THEY HOPE I WILL REMAIN A COSTUMER…THIS GOOSE IS COOKED AND READY TO BE SERVED
Phantom1: This is how i see it Imho looks like the train has come to a stop and the conductor is asking for all the passengers to start to get ready to get off the train and proceed to the station or directions to the aka Banco
*******************************
Stage3Alpha:
Hale Ali'i May 1, 2015 at 8:09am My thoughts are that some are focused on when RV's of the past have happened, but this is a new day and there's a new sheriff in town. Doesn't matter what they did in the past...those were the cabals way. Things will be very different this time around. :)
OMEGA MAN April 30, 2015 at 10:48pm
alls ready...
iraq was told by IMF to contact BRICS or they would not allow the reval..
it has been done...
this weekend looks fantastic...
**********
R.V. / GCR April 30, 2015 at 11:03pm Still seeing may 4-5th ….watch the goi seperate from the Cbi for remittences to begin with public
***********
dinardiva April 30, 2015 at 10:26pm wow so Zap says projects now push other button end of may… really?
Janie > dinardiva April 30, 2015 at 10:46pm from the LandaGlobal call last night:
Q: * Iraq RV; play into bonds & PPs?
A: RV has to be in place before major $ movement around the world
joined at the hip…Still remnants fighting tooth & nail, but majority are gone
So, he's talking about the projects, NOT the RV. Remember, Zap doesn't talk RV-speak. And the RV has always "supposed" to happen before the projects pay out. Breathe. :)
************
paul b. April 30, 2015 I do have Intel that I will share. I have a wealth manager. He has many clients who have dinar and dong. The bank he works for is just waiting on the go word. He has not done any early echanges
**********
R.V./GCR: How China will Shock the Gold Market
http://ift.tt/1KzKqRE
*******************************
GET:
Topic: One way to get the most out of life is to look upon it as an adventure. William Feather
REI: What I am looking for is not just a hyped up Friday, but Wednsday and Monday calls too. Then I know we have made it..... JMHO We had the Wednsday excitement and I am sure today will be too. So I will keep my eyes open for Monday excitement and then I believe we will be there....I hope.
Iko Ward: REI...Monday is still my PUBLIC day as well but I'm hoping to see serious early exchange between now and then. Maybe even some groups by Sunday.
REI: IKO... I agree it only makes sense....but then again it is Iraq.
Fitzgerald: IS IT BOTTLE POPPING TIME????????...LISTEN I DONT PROVIDE A LOT OF INTEL BUT WHAT I DO KNOW IS THAT MY BANK IS READY AND THEY SAID THEY HOPE I WILL REMAIN A COSTUMER…THIS GOOSE IS COOKED AND READY TO BE SERVED
Phantom1: This is how i see it Imho looks like the train has come to a stop and the conductor is asking for all the passengers to start to get ready to get off the train and proceed to the station or directions to the aka Banco
*******************************
Stage3Alpha:
Hale Ali'i May 1, 2015 at 8:09am My thoughts are that some are focused on when RV's of the past have happened, but this is a new day and there's a new sheriff in town. Doesn't matter what they did in the past...those were the cabals way. Things will be very different this time around. :)
OMEGA MAN April 30, 2015 at 10:48pm
alls ready...
iraq was told by IMF to contact BRICS or they would not allow the reval..
it has been done...
this weekend looks fantastic...
**********
R.V. / GCR April 30, 2015 at 11:03pm Still seeing may 4-5th ….watch the goi seperate from the Cbi for remittences to begin with public
***********
dinardiva April 30, 2015 at 10:26pm wow so Zap says projects now push other button end of may… really?
Janie > dinardiva April 30, 2015 at 10:46pm from the LandaGlobal call last night:
Q: * Iraq RV; play into bonds & PPs?
A: RV has to be in place before major $ movement around the world
joined at the hip…Still remnants fighting tooth & nail, but majority are gone
So, he's talking about the projects, NOT the RV. Remember, Zap doesn't talk RV-speak. And the RV has always "supposed" to happen before the projects pay out. Breathe. :)
************
paul b. April 30, 2015 I do have Intel that I will share. I have a wealth manager. He has many clients who have dinar and dong. The bank he works for is just waiting on the go word. He has not done any early echanges
**********
R.V./GCR: How China will Shock the Gold Market
http://ift.tt/1KzKqRE
*******************************
GET:
Topic: One way to get the most out of life is to look upon it as an adventure. William Feather
KTFA:
Bluedog » April 30th, 2015, 11:06 pm
Gunmen steal a sum of money, golden jewelry from a house after detained its inhabitants in Baghdad
(IraqiNews.com) Baghdad – A source in the Iraqi police announced on Thursday, that an armed group has stolen a sum of money and golden jewelry from a house after detained its inhabitants east of Baghdad.
The source said in an interview for IraqiNews.com, “Today, Unidentified gunmen driving two cars stormed at dawn a house in Nairiyah neighborhood in the area of New Baghdad east of the capital; they detained the residents in a room after handcuffed them,” noting that “the gunmen stole 60 million dinars and golden jewelry. ”
The source, who asked to remain anonymous, added: “the security forces cordoned off the scene, while opened an investigation to ascertain the party that stands behind it.”
http://ift.tt/1JFC1i7
Bluedog: THEY MUST HAVE BEEN SLEEPING SOFTLY AT NITE .....STUFFED IN THEIR MATTRESS ......... GOTTA WONDER WHY THEY HELD ON TO SO MANY DINARS DID THEY TALK TO SHABIBI AND KNOW WHAT VALUE THE DINAR WOULD BE HAVING SOON ......60,000 PLUS IF COVERTED TO USD........Bluedog
************
Bluedog: » May 1st, 2015, 2:31 am PROCESS IMO IS IN HIGH SPEED ........ Bluedog
Before issuing bonds worth $ 5 billion Iraq is seeking to get sovereign credit rating
Friday, May 1st, 2015
DUBAI (Reuters)
Finance Minister Hoshiyar Zebari said yesterday that his country is seeking a sovereign rating and continue with the credit rating agencies, as they prepare to issue huge bonds worth five billion dollars needed to cover the budget caused by lower oil prices deficit.
Zebari said, for «Reuters» in a telephone interview, «we started the process. Banks also seek to help us in this direction. »
Iraq announced that it will issue bonds worth five billion dollars in the first issued in the international bond market nine years ago. Iraq and in dire need of liquidity, as the government predicted that the deficit this year to about 25% of the budget of almost $ 100 billion in size.
And obtain a sovereign rating from a major credit agency, which is currently lacking in Iraq may help persuade the international fund managers and international banks in underwriting bonds.
Zebari said that Iraq is seeking to connect with two or three credit rating agencies, but he did not name. Iraq and discusses the bond issuance plan with City Bank and Deutsche Bank.
The process of obtaining the credit rating may be sensitive for Iraq, as it will be forced to open its books to these institutions, and Aoamit revealed new information on the public finances. Zebari did not disclose the date on which it is expected to complete the process.
It is expected to attract Iraq's vast oil reserves, which did not reach the hands of the organization of the Islamic state, buyers for this offering. But many fund managers believe that Baghdad would face difficulty in the sale of five billion dollars in a short period even if the generous pricing.
In response to whether the number five billion to be very ambitious, Zebari said «We have a commitment in the budget to issue six billion. Therefore, this is the minimum this is our plan to cover the deficit. But there is no way to released in a single chip ».
Iraq has existing dollar-denominated bond issue maturing in 2028, and prompted a wave of panic selling late last year with the erosion of oil prices return on these bonds to rise to a record high at 10.49% from about 7.2% last September. But the yield has since tumbled to 8.04%.
In addition to the issuance of international bonds Iraq has taken or plans to take other financial measures, including the issuance of bonds in local currency to the banks and the imposition of taxes on some consumer goods and cut salaries in the public sector. A request for assistance from the International Monetary Fund as looking.
The inclusion of «Zain Iraq» Executions
KUWAIT (Reuters)
Zain Kuwait's Mobile Telecommunications said yesterday, that the unity of the «Zain Iraq», the largest mobile operator in the country in terms of number of subscribers, obtained the approval of the Iraqi Securities Commission for inclusion in the Iraq Stock Exchange.
She said, in a statement to the Kuwait Stock Exchange, said that «Zain Iraq» owned by 76%, «I got this approval to fill out some of the other requirements in the coming weeks».
The statement added, «We will inform you if do Zain Iraq fixing the date for the inclusion of a mechanism like this listing price IPO». The three mobile phone operators in Iraq took place in 2007 on licenses for a 15-year-old with the requirement to sell shares to the public and to join the Iraqi Stock Exchange by August 2007.
But the unit «Asiacell», a subsidiary of I want Qatar, it is the only one that had been put forward its shares and joined the stock exchange in in February 2013. Since then impose daily fines on the other two «Zain» and «Cork» smallest of the three companies. Abdul-Razzaq al-Saadi, chairman of the JSC, said earlier that he and immediately upon getting the final approval will be in front of «Zain Iraq» for the inclusion of two months, otherwise the application has become null and void.
Iraq was lacking to mobile phone networks during the rule of Saddam Hussein, but the sector has flourished after the fall of his regime in 2003 to become the second largest business segments there after oil.
However, the intense and close in the network under the control of the organization of the Islamic state areas of competition led to a decline in profits in «Zain Iraq» and «Asiacell». «Cork» does not publish its results. And it showed a presentation to analysts last February drop in net profit «Zain Iraq» 29% to $ 256 million in 2014, and about 400 of their locations separated from the network. Shares «Asiacell», which collected about $ 1.35 billion raised by about 40% since listing.
http://ift.tt/1KzKqRI
**********
ThunderHawk » April 30th, 2015, 11:42 pm
MIRROR MIRROR ON THE WALL DO I LOOK LIKE IRAQ???
VIETNAM: Commercial Banks Unexpectedly Lack VND
The State Bank of Vietnam (SBV) has had to pump a large amount of dong through the open market operation (OMO) to ease a “dong fever” in the interbank market.The dong fixed-term (overnight to one-week) lending interest rates in the interbank market for the first time in the last two years returned to the 5.7 percent per annum threshold last week.
The dong shortage incurred by commercial banks was the reason why SBV on April 21 had to pump VND17 trillion into the market through OMO, a very high amount, if noting that it only pumped VND3 trillion per day over the last year.
The dong interbank market has been heating up on the banks’ dong demand and tightened liquidity. There are fewer lenders while the dong demand has been increasing, which has pushed interest rates up to 5.3-5.6 percent.
SBV pumped VND7 trillion through OMO last Monday, April 20. Meanwhile, it only pumped VND13 trillion in total a whole week before, from April 13 to April 17.
Two weeks before that week, SBV applied measures to tighten liquidity, which made it very difficult for credit institutions to borrow money on OMO. The move is believed to control the exchange rate and curb inflation.
Therefore, analysts said there is no sign that high inflation may return, adding that domestic demand and businesses’ competitiveness remain weak. A low inflation rate of 0.2 percent in April was reported for Hanoi.
The dong liquidity tightening has brought negative impacts. The dong liquidity became so weak that a bank was reported as proposing VAMC (the Vietnam Asset Management Company) to refinance banks, so that it could get dong from special bonds.
Tens of commercial banks have asked the State Bank to lift the ceiling on credit growth rates.
The southern banks are allowed to have a credit growth rate of 7-12 percent this year. However, some banks have gained the growth rate of six percent this year.
BIDV, the bank which is believed to be one of the three banks with abundant dong capital, has raised the one-month deposit from 4 percent to 5 percent, starting from April 21. This showed that banks are short of dong.
The move by BIDV could be the reason why the central bank decided to pump another VND5 trillion through OMO on April 21 afternoon, after it pumped VND12 trillion on the morning of the same day.
Meanwhile, some commercial banks still say they find it difficult to access dong capital source on OMO, even though they hold large amounts of government bonds.
http://ift.tt/1JFBYTm
Bluedog » April 30th, 2015, 11:06 pm
Gunmen steal a sum of money, golden jewelry from a house after detained its inhabitants in Baghdad
(IraqiNews.com) Baghdad – A source in the Iraqi police announced on Thursday, that an armed group has stolen a sum of money and golden jewelry from a house after detained its inhabitants east of Baghdad.
The source said in an interview for IraqiNews.com, “Today, Unidentified gunmen driving two cars stormed at dawn a house in Nairiyah neighborhood in the area of New Baghdad east of the capital; they detained the residents in a room after handcuffed them,” noting that “the gunmen stole 60 million dinars and golden jewelry. ”
The source, who asked to remain anonymous, added: “the security forces cordoned off the scene, while opened an investigation to ascertain the party that stands behind it.”
http://ift.tt/1JFC1i7
Bluedog: THEY MUST HAVE BEEN SLEEPING SOFTLY AT NITE .....STUFFED IN THEIR MATTRESS ......... GOTTA WONDER WHY THEY HELD ON TO SO MANY DINARS DID THEY TALK TO SHABIBI AND KNOW WHAT VALUE THE DINAR WOULD BE HAVING SOON ......60,000 PLUS IF COVERTED TO USD........Bluedog
************
Bluedog: » May 1st, 2015, 2:31 am PROCESS IMO IS IN HIGH SPEED ........ Bluedog
Before issuing bonds worth $ 5 billion Iraq is seeking to get sovereign credit rating
Friday, May 1st, 2015
DUBAI (Reuters)
Finance Minister Hoshiyar Zebari said yesterday that his country is seeking a sovereign rating and continue with the credit rating agencies, as they prepare to issue huge bonds worth five billion dollars needed to cover the budget caused by lower oil prices deficit.
Zebari said, for «Reuters» in a telephone interview, «we started the process. Banks also seek to help us in this direction. »
Iraq announced that it will issue bonds worth five billion dollars in the first issued in the international bond market nine years ago. Iraq and in dire need of liquidity, as the government predicted that the deficit this year to about 25% of the budget of almost $ 100 billion in size.
And obtain a sovereign rating from a major credit agency, which is currently lacking in Iraq may help persuade the international fund managers and international banks in underwriting bonds.
Zebari said that Iraq is seeking to connect with two or three credit rating agencies, but he did not name. Iraq and discusses the bond issuance plan with City Bank and Deutsche Bank.
The process of obtaining the credit rating may be sensitive for Iraq, as it will be forced to open its books to these institutions, and Aoamit revealed new information on the public finances. Zebari did not disclose the date on which it is expected to complete the process.
It is expected to attract Iraq's vast oil reserves, which did not reach the hands of the organization of the Islamic state, buyers for this offering. But many fund managers believe that Baghdad would face difficulty in the sale of five billion dollars in a short period even if the generous pricing.
In response to whether the number five billion to be very ambitious, Zebari said «We have a commitment in the budget to issue six billion. Therefore, this is the minimum this is our plan to cover the deficit. But there is no way to released in a single chip ».
Iraq has existing dollar-denominated bond issue maturing in 2028, and prompted a wave of panic selling late last year with the erosion of oil prices return on these bonds to rise to a record high at 10.49% from about 7.2% last September. But the yield has since tumbled to 8.04%.
In addition to the issuance of international bonds Iraq has taken or plans to take other financial measures, including the issuance of bonds in local currency to the banks and the imposition of taxes on some consumer goods and cut salaries in the public sector. A request for assistance from the International Monetary Fund as looking.
The inclusion of «Zain Iraq» Executions
KUWAIT (Reuters)
Zain Kuwait's Mobile Telecommunications said yesterday, that the unity of the «Zain Iraq», the largest mobile operator in the country in terms of number of subscribers, obtained the approval of the Iraqi Securities Commission for inclusion in the Iraq Stock Exchange.
She said, in a statement to the Kuwait Stock Exchange, said that «Zain Iraq» owned by 76%, «I got this approval to fill out some of the other requirements in the coming weeks».
The statement added, «We will inform you if do Zain Iraq fixing the date for the inclusion of a mechanism like this listing price IPO». The three mobile phone operators in Iraq took place in 2007 on licenses for a 15-year-old with the requirement to sell shares to the public and to join the Iraqi Stock Exchange by August 2007.
But the unit «Asiacell», a subsidiary of I want Qatar, it is the only one that had been put forward its shares and joined the stock exchange in in February 2013. Since then impose daily fines on the other two «Zain» and «Cork» smallest of the three companies. Abdul-Razzaq al-Saadi, chairman of the JSC, said earlier that he and immediately upon getting the final approval will be in front of «Zain Iraq» for the inclusion of two months, otherwise the application has become null and void.
Iraq was lacking to mobile phone networks during the rule of Saddam Hussein, but the sector has flourished after the fall of his regime in 2003 to become the second largest business segments there after oil.
However, the intense and close in the network under the control of the organization of the Islamic state areas of competition led to a decline in profits in «Zain Iraq» and «Asiacell». «Cork» does not publish its results. And it showed a presentation to analysts last February drop in net profit «Zain Iraq» 29% to $ 256 million in 2014, and about 400 of their locations separated from the network. Shares «Asiacell», which collected about $ 1.35 billion raised by about 40% since listing.
http://ift.tt/1KzKqRI
**********
ThunderHawk » April 30th, 2015, 11:42 pm
MIRROR MIRROR ON THE WALL DO I LOOK LIKE IRAQ???
VIETNAM: Commercial Banks Unexpectedly Lack VND
The State Bank of Vietnam (SBV) has had to pump a large amount of dong through the open market operation (OMO) to ease a “dong fever” in the interbank market.The dong fixed-term (overnight to one-week) lending interest rates in the interbank market for the first time in the last two years returned to the 5.7 percent per annum threshold last week.
The dong shortage incurred by commercial banks was the reason why SBV on April 21 had to pump VND17 trillion into the market through OMO, a very high amount, if noting that it only pumped VND3 trillion per day over the last year.
The dong interbank market has been heating up on the banks’ dong demand and tightened liquidity. There are fewer lenders while the dong demand has been increasing, which has pushed interest rates up to 5.3-5.6 percent.
SBV pumped VND7 trillion through OMO last Monday, April 20. Meanwhile, it only pumped VND13 trillion in total a whole week before, from April 13 to April 17.
Two weeks before that week, SBV applied measures to tighten liquidity, which made it very difficult for credit institutions to borrow money on OMO. The move is believed to control the exchange rate and curb inflation.
Therefore, analysts said there is no sign that high inflation may return, adding that domestic demand and businesses’ competitiveness remain weak. A low inflation rate of 0.2 percent in April was reported for Hanoi.
The dong liquidity tightening has brought negative impacts. The dong liquidity became so weak that a bank was reported as proposing VAMC (the Vietnam Asset Management Company) to refinance banks, so that it could get dong from special bonds.
Tens of commercial banks have asked the State Bank to lift the ceiling on credit growth rates.
The southern banks are allowed to have a credit growth rate of 7-12 percent this year. However, some banks have gained the growth rate of six percent this year.
BIDV, the bank which is believed to be one of the three banks with abundant dong capital, has raised the one-month deposit from 4 percent to 5 percent, starting from April 21. This showed that banks are short of dong.
The move by BIDV could be the reason why the central bank decided to pump another VND5 trillion through OMO on April 21 afternoon, after it pumped VND12 trillion on the morning of the same day.
Meanwhile, some commercial banks still say they find it difficult to access dong capital source on OMO, even though they hold large amounts of government bonds.
http://ift.tt/1JFBYTm
via Dinar Recaps - Our Blog http://ift.tt/1KzKqRK
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