TNT:
Roadrunner : WELL GUYS, We are looking at Tuesday from what we see and here.. Pray hard..
Iko Ward: GM all. Oil continuing to slide..34.76. Gold holding at 1170, give or take. Forex being a little stubborn this morning, not moving off 1075.8. Pre-markets are red. US market is anybody's guess. Sit tight.
Iko Ward: Today will be good. Tomorrow seems to be the day.
elmerf123456 : All indicators and Intel says this is our week. We heard that b4 however, but this just looks and feels very different! Relax and enjoy every moment.
elmerf123456 :the 8 EMA trend, AND the 50 day moving average AND the lower 34,2 Bollinger Band! YES, ALL THREE ! Now, IF you're an investor, that's a really really bad thing.
....
Roadrunner : WELL GUYS, We are looking at Tuesday from what we see and here.. Pray hard..
Iko Ward: GM all. Oil continuing to slide..34.76. Gold holding at 1170, give or take. Forex being a little stubborn this morning, not moving off 1075.8. Pre-markets are red. US market is anybody's guess. Sit tight.
Iko Ward: Today will be good. Tomorrow seems to be the day.
elmerf123456 : All indicators and Intel says this is our week. We heard that b4 however, but this just looks and feels very different! Relax and enjoy every moment.
elmerf123456 :the 8 EMA trend, AND the 50 day moving average AND the lower 34,2 Bollinger Band! YES, ALL THREE ! Now, IF you're an investor, that's a really really bad thing.
....
elmerf123456 : Gold copper silver oil gas all in red.
elmerf123456 : It's going to be a Bad week in the markets IMO.
elmerf123456 : WTI Crude just dipped to 34.75 all markets looking like the color of Tomato Soup.
ALlonghorn : Elmer Isn't that good for us though?
elmerf123456 : Allonghorn the week is set up for what we seek!
elmerf123456 : BBL. soups hot and gonna get piping hot.
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Houston : Did you all see this? To / all licensed banks and money transfer companies and exchange companies (stop processing the dollar) 12/14/2015 http://ift.tt/1lIcKLd
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Stage3Alpha:
TOT: To / all licensed banks and money transfer companies and exchange companies (off dollar processing)
12/14/2015
http://ift.tt/1lIcKLf
Robert: cbi has informed all banks and money transfer companies to stop processing the dollar…GO RV
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BruceA: Billion dollar currency swap, China and the UAE done today
EXOGEN: CHINA AND OTHER COUNTRIES ARE NOW CIRCUMVENTING THE ROTHSCHILD AND Khazarian Controlled Financial System.
EXOGEN December 14, 2015 UAE, China launch $10b joint strategic fund
UAE, China sign 9 agreements as Crown Prince of Abu Dhabi visits China on three-day visit to boost ties
Published: 15:37 December 14, 2015 Gulf News Report
Beijing: His Highness Shaikh Mohammad Bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces held official talks with Chinese President Xi Jinping on Monday to bolster strategic bilateral cooperation, and discuss regional and international issues.
During the talks, the two leaders witnessed the launch of a $10 billion UAE-China joint strategic investment fund.
UAE and China launched $10b strategic investment fund. @gulf_news— Abdul Hamid Ahmad (@AbdulHamidAhmad) December 14, 2015
The agreement, signed during an official visit to China by Shaikh Mohammad and a delegation of ministers from the UAE, was signed by Dr. Sultan bin Ahmed Sultan Al Jaber, Minister of State, and Xu Shaoshi, Chairman of the National Development and Reform Commission (NDRC).
“The formation of this investment fund is a reflection of the growing partnership between the UAE and the People's Republic of China,” said Shaikh Mohammed bin Zayed.
“The strong foundations of our relationship have been reinforced by our growing economic ties and deepening political relations. The launch of this strategic, commercially-driven fund represents the next stage of our partnership as we seek to work more closely in developing our economies and contributing to global growth.”
Since formal diplomatic relations between the UAE and China were established in 1984, bilateral trade between the two countries has grown from $63 million in 1984 to US$54.8 billion today, and is expected to reach $60 billion by the end of the year.
"This dynamic investment fund will serve to further strengthen and deepen the strategic and economic relationship between China and the United Arab Emirates," said Xi Jinping, President of the People's Republic of China.
"This fund will also play a critical role in supporting the ‘One Belt, One Road' strategic initiative, as we work towards improving connectivity and cooperation with our regional partners across Eurasia."
Chinese President Xi Jinping said the fund - which is flexible in terms of investments - will contribute to the strengthening and deepening the strategic and economic relations between the two countries.
http://ift.tt/1P31Glk
KTFA:
Walkingstick: CBI News & Announcements
To / all licensed banks and money transfer companies and exchange companies (stop processing the dollar)
12/14/2015
http://ift.tt/1ei96fB
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SFEland: Wow, this is huge!!! The timing is awesome! !!
Thanks WS!!!
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Walkingstick: Encourage citizens to contribute to the revitalization of investment savings
12/14/2015 11:05
Provident is one of the important economic events and supporting the development process in any economy as well as one of the most prominent cultural events in our world today, but that most of the civilized nations not accept any circulation of money without the mediation of banks and for different purposes until trading Statistics.
The governor of the Iraqi Central Bank on the Keywords, has revealed during the third banking conference held by the Association of Iraqi banks recently, that 77 percent of the Iraqi currency traded in the market chunky in the homes, and this information indicates a significant failure in the level of economic awareness of the various sectors, led by sector banking. The relationships that the bank announced plans to put these funds to attract and introducing them into various investment projects.
He added that the Keywords: Well done if banks provide services to customers in order to attract this money saved, it will contribute to move the Iraqi economy.
And so too must the banking sector seeking to encourage savings and to contribute to educate the citizens of the importance of this activity and great usefulness and its contribution to providing the liquidity needed for the state, as it will provide investment opportunities for citizens, and to stimulate the economic sectors in general, and to maximize its resources in particular, and to make the savings pattern of lifestyles and general culture.
And it can do the job through the development of new policies to the size of the interest rate on savings, as well as longer education on the use of credit card payment manner instead of (Cache) of the best ways to encourage savings, note that access to this service became accessible and can be for the banking sector seek to facilitate and broaden its base to include various the types of events that can be activated to use them.
Another important aspect to activate the savings is the development of policies to limit the tendency of all types to consumer practices that tend to the most negative and the lack of interest by the popularity of the principle of trading goods according to the low price on the expense of quality. And it must be awareness that living costs should not hamper savings Whatever the size of revenue, where the head of the household must be arranged on the living conditions in accordance with the size of his income, and to allocate part of it to spare. All institutions, including civil society organizations claim to play their role to consolidate this economic activity and encouraged at all in our society, it can start to educate children in their schools and employees in the workplace.
http://ift.tt/1P31F0y
************
Walkingstick: China launches new currency index
SHOTARO TANI, Nikkei staff writer December 14, 2015 7:48 pm JST
TOKYO -- The China Foreign Exchange Trade System, a unit of the People's Bank of China, has launched a new exchange rate index.
The index is calculated using the trade-weighted value of 13 currencies against the yuan and takes Dec. 31, 2014, as its baseline of 100. The index weights the U.S. dollar most heavily, at 26.4% of the basket, followed by the euro, at 21.39% and the yen, at 14.68%. The new index was announced on Friday.
Following the International Monetary Fund's decision to include the yuan in its Special Drawing Rights, the PBOC refrained from intervening in the currency market. As a result, the yuan hit a four-year low against the dollar at one point on Friday. CFETS said on Monday, however, that the index stood at 101.45 on Friday, an appreciation of 1.45% from Dec. 31 last year.
"China's CFETS index demonstrates the well-known fact that while the [yuan] depreciated steadily against the dollar since August, it remains relatively stronger against most other trading partners," Brian Jackson, China economist at IHS Global Insight, said in an email.
Jackson said the creation of the index and the timing of its announcement are a "strong indicator" China will allow the yuan to depreciate further against the dollar, and added that the index is "almost certainly intended to blunt competitive devaluation criticisms."
http://ift.tt/1P31GBy ... ency-index
Walkingstick: CBI News & Announcements
To / all licensed banks and money transfer companies and exchange companies (stop processing the dollar)
12/14/2015
http://ift.tt/1ei96fB
************
SFEland: Wow, this is huge!!! The timing is awesome! !!
Thanks WS!!!
************
Walkingstick: Encourage citizens to contribute to the revitalization of investment savings
12/14/2015 11:05
Provident is one of the important economic events and supporting the development process in any economy as well as one of the most prominent cultural events in our world today, but that most of the civilized nations not accept any circulation of money without the mediation of banks and for different purposes until trading Statistics.
The governor of the Iraqi Central Bank on the Keywords, has revealed during the third banking conference held by the Association of Iraqi banks recently, that 77 percent of the Iraqi currency traded in the market chunky in the homes, and this information indicates a significant failure in the level of economic awareness of the various sectors, led by sector banking. The relationships that the bank announced plans to put these funds to attract and introducing them into various investment projects.
He added that the Keywords: Well done if banks provide services to customers in order to attract this money saved, it will contribute to move the Iraqi economy.
And so too must the banking sector seeking to encourage savings and to contribute to educate the citizens of the importance of this activity and great usefulness and its contribution to providing the liquidity needed for the state, as it will provide investment opportunities for citizens, and to stimulate the economic sectors in general, and to maximize its resources in particular, and to make the savings pattern of lifestyles and general culture.
And it can do the job through the development of new policies to the size of the interest rate on savings, as well as longer education on the use of credit card payment manner instead of (Cache) of the best ways to encourage savings, note that access to this service became accessible and can be for the banking sector seek to facilitate and broaden its base to include various the types of events that can be activated to use them.
Another important aspect to activate the savings is the development of policies to limit the tendency of all types to consumer practices that tend to the most negative and the lack of interest by the popularity of the principle of trading goods according to the low price on the expense of quality. And it must be awareness that living costs should not hamper savings Whatever the size of revenue, where the head of the household must be arranged on the living conditions in accordance with the size of his income, and to allocate part of it to spare. All institutions, including civil society organizations claim to play their role to consolidate this economic activity and encouraged at all in our society, it can start to educate children in their schools and employees in the workplace.
http://ift.tt/1P31F0y
************
Walkingstick: China launches new currency index
SHOTARO TANI, Nikkei staff writer December 14, 2015 7:48 pm JST
TOKYO -- The China Foreign Exchange Trade System, a unit of the People's Bank of China, has launched a new exchange rate index.
The index is calculated using the trade-weighted value of 13 currencies against the yuan and takes Dec. 31, 2014, as its baseline of 100. The index weights the U.S. dollar most heavily, at 26.4% of the basket, followed by the euro, at 21.39% and the yen, at 14.68%. The new index was announced on Friday.
Following the International Monetary Fund's decision to include the yuan in its Special Drawing Rights, the PBOC refrained from intervening in the currency market. As a result, the yuan hit a four-year low against the dollar at one point on Friday. CFETS said on Monday, however, that the index stood at 101.45 on Friday, an appreciation of 1.45% from Dec. 31 last year.
"China's CFETS index demonstrates the well-known fact that while the [yuan] depreciated steadily against the dollar since August, it remains relatively stronger against most other trading partners," Brian Jackson, China economist at IHS Global Insight, said in an email.
Jackson said the creation of the index and the timing of its announcement are a "strong indicator" China will allow the yuan to depreciate further against the dollar, and added that the index is "almost certainly intended to blunt competitive devaluation criticisms."
http://ift.tt/1P31GBy ... ency-index
via Dinar Recaps - Our Blog http://ift.tt/1lIcL1y
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