Monthly Archives: May 2015


ANONYMOUS POST, 31 MAY

This coming Monday, June 1, the global banking system is to conduct and carry out its internal tests on banking screens, before live transactions will be activated.It is fully expected that this will be a routine matter at this point, as the necessary programming and preparations were already in place for this transition, and previous test runs have been successful. It should be remembered that

Rumors and Opinions in Dinarland Early Sunday Evening

Emailed to Recaps:

This coming Monday, June 1, the global banking system is to conduct and carry out its internal tests on banking screens, before live transactions will be activated.

It is fully expected that this will be a routine matter at this point, as the necessary programming and preparations were already in place for this transition, and previous test runs have been successful. 

It should be remembered that this process will involve all major banks, and also the Forex system.

It is then expected that additional announcements will be made over the weekend and early next week. Please be aware that these announcements will be very sensitively-made, due to the major underlying changes represented, as the world adjusts to these new directions.

We have been informed by our reliable Chinese sources,  with also confirmations with their authorized top bankers, that the redemption payments are expected to commence this coming Tuesday, June 2, if all technical matters proceed smoothly as anticipated.  Anonymous
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TNT:


Iko Ward :
OK KIDS, LETS GET THIS PARTY STARTED. FOREX BASKET FLAT ACROSS THE BOARD. HIGH, LOW, BID, ASK, OPEN ….It means they wont gues at whats about to happen ….It is NEVER like that when the week opens

[xyz] Russia offers to discuss BRICS prototype of SWIFT global system 
http://rt.com/business/263161-russia-brics-swift-prototype/


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GET:


Topic: The reward of a thing well done is having done it. Ralph Waldo Emerson

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Dinar Updates:

Q: [What’s your thoughts for tomorrow?]  

BGG :   I am as hopeful as everyone else – however, I’m not invested in any date over another. To me this is an investment – I’m glad I got in…that is my personal stance… I also am exactly what I have advised over and over – prepared

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Q: [With Iraq and Kuwait sharing the same oil fields and the kuwaiti dinar at $3.30 would you say that it makes sense globally for the IQD to be at that same rate if not more?]  

Millionday     THE INTERNATIONAL EQUATION INCLUDES MANY THINGS AND THEY COULD USE THE PEN FOR PRICING — SO NO WAY TO GUESS BUT I WOULD NOT BE SHOCKED FOR THEM TO BE CLOSE IN VALUE BECAUSE HISTORY REPEATS ITSELF IMO AND IT DOES MAKE LOGICALLY SENSIBLE

BUT I HAVE NO IDEA WHAT THE RATE WOULD BE.
KTFA:

RE: http://www.dinarrecaps.com/our-blog/thoughts-from-zochowski-and-ktfa-members-early-sunday-afternoon

Dinari131:  Imo…to be a “Sovereign” nation ones currency has to be excepted internationally…just the fact they are looking for a “Sovereign” credit rating tells me how close we really are!!!

iggy : seems like they have the credit rating on the private side to het that 1% loan…but we just don’t see it “officially yet” because if we did we’d probably be at da bank!

ZOCHOWSKI:  AFTERNOON “IGGY” N “DNARI131”   AHA, GOT SOME FEEDBACK!!!! LOL LOL GOOD……….
IN REFERENCING POST 139, 141, N 142

SOO…….IF INTERPRETING THIS CORRECTLY, R U SAYING THAT:

to be a “Sovereign” nation ones currency has to be excepted internationally……..????

AND AS SUCH, SINCE IRAQ HAS A LOWER THAN A “3B” RATING, IT IS BECAUSE THEY HAVE NOT GONE INTERNATIONAL????

WHICH THEN MEANS, IRAQ HAS TO RAISE THE CURRENCY VALUE FIRST,
TO GET A SOVEREIGN “3B” RATING OR HIGHER………????????

IS THIS WHAT “DELTA” MIGHT HAVE BEEN TALKING ABOUT BACK IN APRIL WHEN HE MENTIONED THAT THEY ARE TRYING TO GET A SOVERIEGN RATING??????????

IN WHICH HE ALSO MENTIONED 4 TO 6 WEEKS, HOWEVER ALSO IMPLIED IT COULD TAKE LESS TIME????????

JUST PUTTING SOME TALKATIVE QUESTIONS OUT THERE………

AS YOU ALL KNOW I AINT THE BRIGHTEST BULB IN THE SOCKET, LOL LOL ,

I JUST TEND TO HAVE THE DIMMEST SETTING FOR READING… LOL LOL

THIS IS INTRESTING……….G/B M/Z

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Dusti:
  Hi Sir Z!   Timing is everything, right?   So just waiting for the timing to be right!

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Frank26:  Yes …… You are thinking as us BUT if we tell You now what we want to tell You tomorrow then there is nothing left to tell You tomorrow……..lol     KTFA   Frank

 

 

Forex – Weekly outlook: June 1

Investing.com –

Investing.com – The dollar slipped lower against the euro on Friday after data showed that the U.S. economy contracted in the first quarter, but recent indications of a rebound in growth continued to support expectations for higher interest rates.

The Commerce Department said U.S. gross domestic product contracted ant an annual rate of 0.7% in the first three months of the year, instead of the initial estimate of 0.2% growth. However, it was still better than economists’ forecast of a 1% contraction.

EUR/USD was up 0.37% to 1.0988 in late trade, but the single currency ended the month down 1.89% against the broadly stronger greenback.

The single currency remained under pressure as Athens continued long-running negotiations with its lenders on a cash-for-reforms deal ahead of a 305 million payment to the International Monetary Fund due on June 5.

The dollar strengthened broadly in May as stronger U.S. economic data prompted investors to bring forward expectations on the timing of an initial rate hike by the Federal Reserve.

Upbeat reports on inflation, new home sales, business investment and consumer confidence during the month all indicated that the economy is gaining momentum after a weak first quarter.

The dollar ended the week close to 12-year peaks against the yen, with USD/JPY at 124.15. The pair ended the week up 2.13% and posted monthly gains of 3.32%.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, eased to 96.94, holding below Wednesday’s five week peaks of 97.88. The index ended the week up 0.92%, bringing the month’s gains to 2.35%.

Elsewhere, the New Zealand dollar turned sharply lower on Friday, with NZD/USD dropping 0.99% to 0.7104, the weakest since August 2010.

The drop in the kiwi came after weaker than expected data on business confidence was seen as boosting the likelihood of a rate cut by the country’s central bank.

In the week ahead, Friday’s U.S. employment report will be closely watched for signs of improvement in the labor market. Central bank meeting in the euro zone, U.K. and Australia will also be in focus.

Ahead of the coming week, Investing.com has compiled a list of these and other significant events likely to affect the markets.

Monday, June 1

China is to release official data on manufacturing and service sector growth as well as the final reading of the HSBC manufacturing index.

Australia is to produce data on building approvals.

Germany is to release preliminary data on consumer prices. The euro zone is to release final data on manufacturing sector growth.

The U.K. is to publish data on manufacturing sector activity.

Later in the day, the Institute of Supply Management is to release data on manufacturing activity.

Tuesday, June 2

The Reserve Bank of Australia is to announce its benchmark interest rate and publish its rate statement, which outlines economic conditions and the factors affecting the monetary policy decision.

Australia is also to release data on the current account.

Japan is to release a report on average cash earnings.

The euro zone is to release preliminary data on consumer prices, while Spain and Germany are to publish the latest employment reports.

The U.K. is to publish reports on construction activity and net lending.

The U.S. is to report on factory orders.

Wednesday, June 3

Australia is to release data on first quarter economic growth.

China is to release the final reading of the HSBC service sector index.

The euro zone is to release final data on service sector growth, as well as data on retail sales and the unemployment rate.

The European Central Bank is also to announce its monetary policy decision. The rate announcement will be followed by a post-policy meeting press conference with President Mario Draghi.

The U.K. is to release data on service sector growth.

The U.S. is to release the ADP non-farm payrolls report, while looks at private sector jobs growth.

Both the U.S. and Canada are to release trade data and later in the day, the ISM is to report on U.S. service sector activity.

Thursday, June 4

Australia is to publish report on retail sales and the trade balance.

The Bank of England is to announce its official bank rate.

The U.S. is to release the weekly report on initial jobless claims.

Canada is to publish its Ivey PMI.

Friday, June 5

In the euro area, Germany is to release data on factory orders.

The Swiss National Bank is to publish data on its foreign currency reserves. This data is closely scrutinized for indications of the size of the bank’s operations in currency markets.

Canada is to release its monthly employment report.

The U.S. is to round up the week with the closely watched government report on nonfarm payrolls, the unemployment rate and average earnings.

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Crude oil futures – weekly outlook: June 1

Investing.com –

Investing.com – West Texas Intermediate oil futures soared more than 4% on Friday, after data showed that the number of rigs drilling for oil in the U.S. fell by the most in four weeks last week, soothing worries that the sharp decline in drilling activity may be nearing an end.

On the New York Mercantile Exchange, crude oil for delivery in July jumped $2.62, or 4.54%, to end the week at $60.30 a barrel. On Thursday, Nymex oil prices fell to $56.51, the lowest level since April 28. For the week, New York-traded oil futures rose 25 cents, or 0.97%.

Industry research group Baker Hughes (NYSE:BHI) said late Friday that the number of rigs drilling for oil in the U.S. fell by 13 last week to 646. The drop marks the 25th straight week of declines and the biggest fall in four weeks.

A week earlier, the rig count fell by just one, marking the slowest rate decline over the last 24 weeks and fuelling concerns that U.S. shale production could rebound in the months ahead.

Market players have been paying close attention to the shrinking rig count in recent months for signs it will eventually reduce the glut of crude flowing into the market.

The U.S. Energy Information Administration said on Wednesday that crude oil inventories fell by 2.8 million barrels last week to 479.4 million. It was the fourth straight weekly decline.

Elsewhere, on the ICE Futures Exchange in London, Brent for July delivery rallied $2.98, or 4.76%, to end at $65.56 a barrel on Friday. A day earlier, prices slumped to $61.24, a level not seen since April 15. London-traded Brent futures tacked on 12 cents, or 0.29%, on the week.

Meanwhile, the spread between the Brent and the WTI crude contracts stood at $5.26 a barrel by close of trade on Friday, compared to $5.65 in the preceding week.

Elsewhere, the U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, slid 0.2% on Friday to end at 96.94, moving further way from Wednesday’s five-week peak of 97.88.

The greenback weakened after official data showed that the U.S. economy contracted 0.7% in the first three months of 2015, compared to an initial estimate of growth of 0.2%. The downward revision was broadly in line with analysts’ expectations.

Despite the disappointing reading, most market experts expect the U.S. economy to rebound in the second quarter, as transitory factors recede.

Economic data released in the past week, including reports on inflation, new home sales, business investment and consumer confidence all indicated that the economy is gaining momentum after a slowdown in the first quarter, supporting the case for higher interest rates later this year.

In the week ahead, investors will be focusing on Friday’s nonfarm payrolls report for May, for fresh indications on the strength of the economy and the timing of a U.S. rate increase.

Energy traders are also awaiting a critical OPEC meeting in Vienna on Friday. The oil cartel is largely expected to keep production levels steady above 30 million barrels per day, despite ongoing concerns over ample global supplies.

Ahead of the coming week, Investing.com has compiled a list of these and other significant events likely to affect the markets.

Monday, June 1

China is to release official data on manufacturing and service sector growth as well as the final reading of the HSBC manufacturing index.

Germany is to release preliminary data on manufacturing activity. The euro zone is to release final data on manufacturing sector growth.

Later in the day, the Institute of Supply Management is to release data on manufacturing activity.

Tuesday, June 2

The U.S. is to report on factory orders, while the American Petroleum Institute, an industry group, is to publish its weekly report on oil supplies.

Wednesday, June 3

China is to release the final reading of the HSBC service sector index.

The European Central Bank is also to announce its monetary policy decision. The rate announcement will be followed by a post-policy meeting press conference with President Mario Draghi.

The U.S. is to release the ADP non-farm payrolls report, which looks at private sector jobs growth, while the ISM is to report on U.S. service sector activity. The country will also release data on the trade balance as well as its weekly report on oil inventories.

Thursday, June 4

The U.S. is to release the weekly report on initial jobless claims.

Friday, June 5

The Organization of Petroleum Exporting Counties meets in Vienna.

The U.S. is to round up the week with the closely watched government report on nonfarm payrolls, the unemployment rate and average earnings.

Investing.com
Investing.com offers an extensive set of professional tools for the financial markets.
Read more News on Investing.com and download the new Investing.com apps for Android and iOS!