WOTS Thursday 3/21/19
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,159.3000 | 1,159.3000 | 1,159.3000 | | 21:00 |
| USD/VND | | | 23,182.5000 | 22,709.6000 | 22,709.6000 | | 05:09 |
| USD/CNY | | | 6.6942 | 6.6648 | 6.6846 | | 06:28 |
| USD/KWD | | | 0.3031 | 0.3021 | 0.3031 | | 06:20 |
| GBP/USD | | | 1.3226 | 1.3125 | 1.3216 | | 06:34 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,159.0000 | 14,069.9000 | 14,102.5000 | | 06:34 |
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DC NY Iraq Articles:dd
We seek to pass the local elections law and set its date
The parliamentary legal committee confirmed on Thursday that it is seeking to pass an amendment to the local elections law in the coming days in order to determine the date of the elections.
"The committee is currently working with all its energy to pass the amendment of the local elections law," committee member Hussein al-Aqabi told the news agency.
"The law stipulates that it is not possible to set the date for local elections without amending the law in order to give the election commission sufficient opportunity to end the logistical preparations," he added.
"The legislative work is disappointing during the current session because the parliament is busy in ending the formation of the government and secondary crises without passing any other law except the financial budget."
Sistani's agent: Iraq's problems are not meant to be solved
Thursday 21 March
Alsumaria News / Baghdad
The deputy supreme religious authority, Ali al-Sistani, said on Wednesday that the problems of Iraq are not intended to be resolved after spending a lot of money on them, pointing out that there is a defect in the intellectual system of those who address the building of the country.
Alsumaria News / Baghdad
The deputy supreme religious authority, Ali al-Sistani, said on Wednesday that the problems of Iraq are not intended to be resolved after spending a lot of money on them, pointing out that there is a defect in the intellectual system of those who address the building of the country.
"We do not give our scientists and professors in the natural sciences the required care, but we do not listen to them at all," said Ahmed al-Safi in a speech at the opening of the conference and the second exhibition of inventions, which is hosted by the Abbasid threshold in Karbala.
He added that "we have a problem go right and north, east and west and try to seek solutions, although we cost large amounts of money, although solutions may be in our doors, and some solutions may be free, but the usual ideas of the people and their tongues.
Al-Safi added: "We are looking for solutions from outside our system as a country and we have encountered many problems. Until now, whenever we present a problem, we do not think that it will be solved by the people of the country, but we will divide the right and the north in public and resolve the solution.
He pointed out that "there are real problems on the side of water and agriculture and even in our defense systems there are problems, and we have problems in many technology issues," noting that "we spend a lot of money and the problem is left for Zaid and Amr and leave the solution to the real problem and I have a solution under the laboratories under my hands Morning or evening".
Al-Safi said that "the solution if it is really the focus of dazzle and from the people of our country we will take him in a state of self-deprecation," explaining that "this equation I have not understood .. I found only in Iraq ... All countries of the world before going out of her in search of The solution is looking for him in the country, and after you can not go to others and make many conditions, but we are not listening to the other and does not want to listen and does not like to listen, we look forward to others and leave our dearest and brothers and inventors.
Al-Sistani's deputy said that "there is a defect in the intellectual system of those who address the building of the country." He pointed out that "those who address the building of the country has a flaw in its intellectual system, whether he likes to hear or not to hear."
Al-Safi asked: "It is unreasonable that I am draining the country's wealth for solutions that may come and may not come as a result. The solutions are in front of me and I turn a blind eye to them. What is the justification?" He added: "The people of the country all over the world have good seats in all countries. Your hand on the invention and discovery or a solid hand you will find that behind them an Iraqi. "
He pointed out that "when you come to the country you find this great disaster," stressing that "the inventor not to despair and not to be frustrated, but to remain thinking, if now there are some who do not understand or appreciate it may tomorrow be a child of those who appreciate and understand."
Al-Safi stressed that "we must not despair and remain working and discover and invent, and the country generally adopted from this way, the way to insist on staying and insist on searching for good and insistence on discovery," noting that "we have seen some inventions, which strengthens many industries and costs very cheap, Exposed to one of the officials see it folds and goes to others, and spend a great deal of money, is only underestimating the people of the country.
How will the volume of trade exchange between Iraq and Iran to 20 billion dollars
2019/3/21
The head of Iran's Trade Development Organization said on Wednesday that, given Iraq reconstruction and the development of tourism industry between Iran and Iraq, Iran could achieve the target of 20 billion dollars for trade exchange between the two countries, noting that Iraq's share of this The trade balance could reach 4 billion dollars.
"In terms of trade with Iraq, we have created good opportunities, so when a $ 20 billion trade deal with Iraq is raised, the issue is not limited to exporting," Mohammad Reza Mudoudi said in a press statement on how to reach a $ 20 billion trade with Iraq. Goods ".
"In order to achieve a trade exchange of 20 billion dollars with Iraq, it is necessary to consider the export of a range of goods and services," he said. "In order to reach this size, attention must be paid to exports of liquefied gas, tourism, electricity and various services."
He explained that "the current trade volume between Iran and Iraq is about 13 billion dollars, and linked 8.5 billion to 9 billion dollars of exports of goods, and the rest is linked to the export of technical services - engineering, tourism and electricity."
"During this visit, the objective of trade exchange was set at 20 billion dollars between the two countries over the next two years," Mudoudi said.
"Iran exports 2.5 billion dollars of liquefied natural gas (LPG), nearly $ 1 billion of electricity annually to Iraq, and in addition to the revenues from Iraqi tourists visiting Iran, it can be said that the volume of trade relations with Iraq is between $ 13 billion and $ 14 billion a year , And given the issue of reconstruction of Iraq, and the subject of tourism, it can raise this size to 20 billion dollars.
He added that Iran imported $ 50 million worth of goods from Iraq during the first 11 months of the current Iranian year (ending March 20, 2019).
"Iraq should enjoy its share of trade with Iran, and if Iraq can generate revenues of $ 3 billion to $ 4 billion from Iranian visitors and tourists, and we can raise our exports to Iraq to between $ 16 billion and $ 17 billion, Billion dollars of trade has been achieved. "
This came during a visit by Commerce Minister Mohammed al-Ani and the accompanying delegation in Diyala province on Wednesday.
"In coordination with Tamimi, the Minister of Commerce briefed the Minister on the overall commercial situation in Diyala and discussed the mechanism of marketing agricultural crops for the current season, in the presence of a number of deputies, in addition to the Director General of Grain Trade and Director of Diyala Agriculture "He said.
Tamimi stressed during the meeting the importance of opening new marketing outlets to receive and absorb the wheat crop this season, especially with the large increase in cultivated areas due to the abundance of rain this year, which encouraged farmers and farmers to expand the agricultural plan.
The MP stressed the province of Diyala, "the need to secure the financial allocations necessary to pay the dues of farmers without delay in support of the agricultural sector and promote the occurrence."
Aso Mamand, the Patriotic Union of Kurdistan (PUK) chief in Kirkuk, on Wednesday called on the central government in Baghdad to normalize the situation in Kirkuk and restore balance to the province.
"In order to achieve a trade exchange of 20 billion dollars with Iraq, it is necessary to consider the export of a range of goods and services," he said. "In order to reach this size, attention must be paid to exports of liquefied gas, tourism, electricity and various services."
He explained that "the current trade volume between Iran and Iraq is about 13 billion dollars, and linked 8.5 billion to 9 billion dollars of exports of goods, and the rest is linked to the export of technical services - engineering, tourism and electricity."
"During this visit, the objective of trade exchange was set at 20 billion dollars between the two countries over the next two years," Mudoudi said.
"Iran exports 2.5 billion dollars of liquefied natural gas (LPG), nearly $ 1 billion of electricity annually to Iraq, and in addition to the revenues from Iraqi tourists visiting Iran, it can be said that the volume of trade relations with Iraq is between $ 13 billion and $ 14 billion a year , And given the issue of reconstruction of Iraq, and the subject of tourism, it can raise this size to 20 billion dollars.
He added that Iran imported $ 50 million worth of goods from Iraq during the first 11 months of the current Iranian year (ending March 20, 2019).
"Iraq should enjoy its share of trade with Iran, and if Iraq can generate revenues of $ 3 billion to $ 4 billion from Iranian visitors and tourists, and we can raise our exports to Iraq to between $ 16 billion and $ 17 billion, Billion dollars of trade has been achieved. "
Deputy demands the Minister of Trade to secure the dues of farmers for the current season
2019/3/21
[Baghdad-where]
MP for the wisdom bloc Furat al-Tamimi, the Minister of Trade to secure the dues of farmers for the current agricultural season.
MP for the wisdom bloc Furat al-Tamimi, the Minister of Trade to secure the dues of farmers for the current agricultural season.
This came during a visit by Commerce Minister Mohammed al-Ani and the accompanying delegation in Diyala province on Wednesday.
"In coordination with Tamimi, the Minister of Commerce briefed the Minister on the overall commercial situation in Diyala and discussed the mechanism of marketing agricultural crops for the current season, in the presence of a number of deputies, in addition to the Director General of Grain Trade and Director of Diyala Agriculture "He said.
Tamimi stressed during the meeting the importance of opening new marketing outlets to receive and absorb the wheat crop this season, especially with the large increase in cultivated areas due to the abundance of rain this year, which encouraged farmers and farmers to expand the agricultural plan.
The MP stressed the province of Diyala, "the need to secure the financial allocations necessary to pay the dues of farmers without delay in support of the agricultural sector and promote the occurrence."
Mamand urges normalizing situation in Kirkuk
Thursday، 21 March 2019 12:41 AM
Aso Mamand, the Patriotic Union of Kurdistan (PUK) chief in Kirkuk, on Wednesday called on the central government in Baghdad to normalize the situation in Kirkuk and restore balance to the province.
"Kirkuk is a city of coexistence, peace, fraternity and harmony among all components," Mamand said, adding that Nowruz coincides with the anniversary of the liberation of Kirkuk from Ba'athist regime.
Mamand said that Iraq and Kurdistan are experiencing a sensitive stage, urging citizens to unite, respect the others' opinions and promote the coexistence among all components. He added that previous experiences have proved the failure of policies that is shaped on dictatorship.
"We believe that this holiday is an appropriate opportunity to emphasize on behalf of the Kurdish parties the need to establish the principle of partnership and brotherhood in governance," Mamand said.
"We extend the hand of brotherhood to other components in Kirkuk. We call on the federal government to accelerate the normalization of the situation in Kirkuk," he added.
Reason behind forming 'Shiite Liberation Army'
Thursday، 21 March 2019 12:04 AM
The rare meeting of the Chiefs of Staff of the armies of Iran, Iraq and Syria has introduced many controversial decisions, including the formation of the Shiite Liberation Army, with the aim of liberating Jerusalem and abolishing the borders between the three countries.
According to observers, the declared goals represent only Iranian dictates that aim at strengthening the Iranian influence in Syria and Iraq under the pretext of the liberation of Jerusalem.
Iraqi-Iranian gangs
While the Iraqi government has expressed the country's need for the US troops tasked with fighting ISIS in Iraq, Iraqi Army Chief of Staff Othman al-Ghanimi met with his Iranian counterpart Mohammad Bagheri and Syrian Defense Minister Ali Abdullah Ayoub to discuss opposition to the US role in Syria on Monday.
They stressed that the declaration of forming this army, is basically a declaration of some Iraqi-Iranian-Syrian gangs that consist of 200,000 mercenaries, revealed by Iran's Mohammad Ali Jafari, the commander-in-chief of the Iranian Revolutionary Guard Corps, last week.
Iraq has announced plans to reopen a strategic border crossing with Syria in the coming days, a military official said. The announcement came during the meeting.
During a press conference, Othman al-Ghanimi, Iraqi Army Chief of Staff, said “the coming days will witness the opening of the border crossing and the continuation of visits and trade between the two countries."
In 2013, the Al-Qaim border was closed to support Iraqi security forces in combating al-Qaeda fighters and later ISIS. The border crossing is expected to increase the flow of goods from Iran to Syria.
According to the Iraqi Defense Ministry, the meeting in Damascus focused “on countering terrorism and sustaining stability in the region."
According to observers, the meeting triggered US concerns of Iran’s growing influence in the region.
In what Iranian media called a “tripartite” meeting, the three held a joint press conference in Damascus. It is the latest visible sign of an Iran-Iraq-Syria entente that will aid Iran’s ambitions in the region and comes on the heels of a visit by Iranian President Hassan Rouhani to Iraq.
According to observers, the declared goals represent only Iranian dictates that aim at strengthening the Iranian influence in Syria and Iraq under the pretext of the liberation of Jerusalem.
Iraqi-Iranian gangs
While the Iraqi government has expressed the country's need for the US troops tasked with fighting ISIS in Iraq, Iraqi Army Chief of Staff Othman al-Ghanimi met with his Iranian counterpart Mohammad Bagheri and Syrian Defense Minister Ali Abdullah Ayoub to discuss opposition to the US role in Syria on Monday.
They stressed that the declaration of forming this army, is basically a declaration of some Iraqi-Iranian-Syrian gangs that consist of 200,000 mercenaries, revealed by Iran's Mohammad Ali Jafari, the commander-in-chief of the Iranian Revolutionary Guard Corps, last week.
Iraq has announced plans to reopen a strategic border crossing with Syria in the coming days, a military official said. The announcement came during the meeting.
During a press conference, Othman al-Ghanimi, Iraqi Army Chief of Staff, said “the coming days will witness the opening of the border crossing and the continuation of visits and trade between the two countries."
In 2013, the Al-Qaim border was closed to support Iraqi security forces in combating al-Qaeda fighters and later ISIS. The border crossing is expected to increase the flow of goods from Iran to Syria.
According to the Iraqi Defense Ministry, the meeting in Damascus focused “on countering terrorism and sustaining stability in the region."
According to observers, the meeting triggered US concerns of Iran’s growing influence in the region.
In what Iranian media called a “tripartite” meeting, the three held a joint press conference in Damascus. It is the latest visible sign of an Iran-Iraq-Syria entente that will aid Iran’s ambitions in the region and comes on the heels of a visit by Iranian President Hassan Rouhani to Iraq.
Kauaihn Iraq Articles:dd
Mr. Ammar al-Hakim congratulates Norouz and hopes to be the window of a bright future
Editorial date: 2019/3/21 8:50 • 81 times read
{Baghdad: Al-Furat News} The head of the Alliance for Reform and Reconstruction, Mr. Ammar al-Hakim congratulated, by the Norouz holidays.
"We would like to extend our congratulations and congratulations to our Iraqi people, especially our Kurdish people and the rest of the people of the region by the time of the Nawruz celebrations, and the solutions of the spring season in which nature flourishes," Mr. Ammar al-Hakim said in a statement.
"We hope that the spring of this year will be the window of a bright and bright future on this generous land, embracing all their religions, nationalities and sects with love and harmony."
"We hope that the spring of this year will be the window of a bright and bright future on this generous land, embracing all their religions, nationalities and sects with love and harmony."
Parliament announces agenda for its next 4 sessions
March 21, 2019
Parliament announcing the agendas of its next 4 meetings.
Baghdad / SNG - The Information Service of the House of Representatives published on Wednesday, the agenda of the House of Representatives for the next four sessions.
The documents show the agenda of the House of Representatives during the sessions, which begins on Sunday, 25 March 2019, and ends Thursday session on the 28th of this month.
Tables are subject to change. Some paragraphs in the four tables may be deleted, added or modified," the department noted.
Abdul Mahdi calls on his Malaysian counterpart
Release date: 2019/3/21 9:39 • 135 times read
(Baghdad: Al-Furat News) Prime Minister Adel Abdul-Mahdi issued an official invitation to Malaysian Prime Minister Mahathir Mohamad to visit Iraq.
The Office of National Security Adviser Faleh al-Fayadh said in a statement that Fayadh met "Malaysian Prime Minister Mahathir Mohamad in Kuala Lumpur and handed him the invitation of Prime Minister Adel Abdul Mahdi to visit Iraq."
The statement added that the two sides "discussed bilateral relations between the two countries and prospects for joint cooperation."
The Malaysian prime minister welcomed the invitation and promised to meet it soon.
The statement added that the two sides "discussed bilateral relations between the two countries and prospects for joint cooperation."
The Malaysian prime minister welcomed the invitation and promised to meet it soon.
Araji: Parties are the cause of the imbalance in the political process
March 21, 2019 | 10:59 AM -
Iraqi Position Network
Said Deputy Prime Minister "Bahaa al-Araji," that the parties are the cause of imbalance in the political process, indicating that the success of Abdul-Mahdi will reveal the corruption of some political blocs.
He added "Araji" in a statement followed by the "Iraqi position" that 'the existence of accountability and justice contrary to the Constitution and resolve is still in the hands of the government', indicating that 'the House of Representatives to play its role and resolve the accountability and justice' ,.
He explained that 'must approve the oil and gas law to end the controversy between Baghdad and Erbil', pointing out that the rounds of oil licenses are contrary to the law and the Constitution ', pointing out that' the law of oil and gas prevents foreign investment in the oil fields.Deputy: Iraq is not bound by Washington's economic sanctions against Tehran
He added "Araji" in a statement followed by the "Iraqi position" that 'the existence of accountability and justice contrary to the Constitution and resolve is still in the hands of the government', indicating that 'the House of Representatives to play its role and resolve the accountability and justice' ,.
He explained that 'must approve the oil and gas law to end the controversy between Baghdad and Erbil', pointing out that the rounds of oil licenses are contrary to the law and the Constitution ', pointing out that' the law of oil and gas prevents foreign investment in the oil fields.Deputy: Iraq is not bound by Washington's economic sanctions against Tehran
Deputy: Iraq is not bound by Washington's economic sanctions against Tehran
March 21, 2019 | 11:03 AM -
Iraqi Position Network
A member of the House of Representatives for the alliance of the conquest, "Hassan Salem," on Thursday, the decision to exempt Iraq from sanctions against Iran, stressing that Washington is seeking to save face.
"The Iraqi government is not bound by the US sanctions imposed against the Islamic Republic of Iran," Salem said in a statement.
"The extension of the period of exemption of Iraq from these sanctions is a way to save the face of Washington, which failed in the sanctions against Tehran."
"Iraq is not bound by Washington's economic sanctions against Tehran because it has an ideological and borderline link with Iran that can not be dispensed with," he said. "Washington has failed to push Tehran through its economic sanctions."
Salem added that "the Iraqi government has not complied with Washington's sanctions against Iran at all because it is one-sided and seeks to starve the peoples."
The United States announced yesterday the continuation of the exemption granted to Iraq in terms of its commitment to sanctions imposed on Iran, and continue to allow him to buy Iranian electricity for an additional 90 days. The first exemption Washington gave to Iraq in December ended on Tuesday. The US decision comes after the visit of Iranian President Hassan Rowhani to Iraq, for the first time since taking office in 2013.
Improving economy should be focus, not presidency law: New Generation MP
Iraq, March 21, 2019
SULAIMANI – Deputy of the New Generation Movement caucus in Kurdistan Parliament Kawa Abdulqadir said on Tuesday (March 19) that the legislature’s priorities should be rebuilding infrastructure and improving the economy, not amending the presidency law.
Our caucus has prepared draft laws [about the economy] and will offer them to the Kurdistan parliament’s presidency in the coming week,” Abdulqadir said during a press conference.
Referring to the Kurdistan Democratic Party and its leadership, the New Generation lawmaker argued that the Kurdistan presidency law should not be amended according to the whim of one party or person.
We have prepared a draft for electing the Kurdistan Region’s president within the parliament and it will be offered to the parliament’s presidency in the coming week,” Abdulqadir said.
New Generation’s stance regarding the matter is that the Region’s president should be elected in parliament and like [the Iraqi presidency] be limited to 10 symbolic authorities,” he added.
Abdulqadir said that during the last parliament the late Gorran leader Nawishirwan Mustafa had proposed a similar plan and that the proposal had received cross-party support at the time.
Therefore, we hope those four parties, including Gorran, have retained those same principles,” he concluded
Iraq Ranked 3rd in Global List for Increased Refinery Capacity
Iraq's capacity of refinery CDU to be boosted over the next 4 years as a result of numerous new build and refurbishment projects
Iraq, March 21, 2019
According to a report by GlobalData, Iraq has been ranked as the country with the third highest growth in capacity of refinery crude distillation unit (CDU) as a result of numerous new and ongoing projects up until 2023.
The GlobalData report had China as the global leader for refinery increases with the country projected to add 4,000 million barrels per day (bpd) of refining capacity by 2023, with Nigeria second at 2,039 million bpd and Iraq third at 1,470 million bpd over the same period.
With Iraq's current refining capacity unable to support its crude oil production, an increase in crude distillation capacity is vital for the country to meet its goal to become self sufficient in oil products, whilst supporting an increase in exports of petroleum products to boost its economy.
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Gold gains as dollar retreats ahead of Fed meeting
Mubasher
Gold prices rose as the dollar weakened amid expectations that the US Federal Reserve would maintain its dovish stance at its meeting this week. Read the full story
Investors could soon get an opportunity to buy gold, says gold ETF chief
CNBC
The stock market's rally may be putting pressure on gold prices, but one commodity watcher says it could be welcome relief for investors looking to buy into the precious metal. Read the full story
Gold Prices Edge Higher, Eyeing Fed Meeting; Palladium Hits Record
Investing.com
Investing.com
Commodities Mar 19, 2019 12:27 GMT Investing.com - Gold prices edged higher, buoyed by expectations the Federal Reserve will send markets a more dovish message about future monetary policy after the two-day policy meeting that starts later on Tuesday. Comex gold futures rose $7.75, or around 0.6%, to $1,309.25 a troy ounce by 8:25AM ET (12:25 GMT). Meanwhile, spot gold was trading at $1,309.43 per ounce, up $5.75, or 0.45%. The Federal Reserve’s Federal Open Market Committee (FOMC) begins its Read the full story
The Fed Has Once Again Become A Major Catalyst For Gold Rally
TheStreet
TheStreet
An engineered overshoot in inflation may be what the gold market needs right now. Current monetary policy is conducive to a rise in gold prices, either this year or next, said Will Rhind, CEO of GraniteShares. "The rate hike calendar for this year wasn't going to be the same, and we obviously had the [Fed] meeting in January where it was confirmed that the Fed was going to put their policy on hold, and I think more than that, they actually kind of changed policy toward interest rates and try to Read the full story
Oil pulls back from four-month highs amid economic growth concerns
Reuters
Oil prices dipped on Wednesday, retreating from a four-month high as economic growth concerns dampened the outlook for fuel consumption. Read the full story
Oil prices extend climb to multimonth highs as OPEC supply appears in check
MarketWatch
Oil prices extended their climb to multimonth highs in Tuesday action, buoyed further by expectations major global producers outside the U.S. will keep a lid on output. Read the full story
Oil and equities prepare to party like it's 1999: Kemp
Reuters
Investors seem to be betting history will repeat itself, with the Federal Reserve cutting interest rates to keep the U.S. expansion going, just as it did in 1998, producing one final bull run in oil and equity markets. Read the full story
HSBC promotes 1300 staff as investment bank overhaul gathers pace: memo
Reuters
HSBC is stepping up a root-and-branch overhaul of its global banking and markets division, naming 83 new managing directors in a 1,300-strong promotions spree aimed at revitalizing its investment banking franchise. Read the full story
Western Union and Thunes Partner on Mobile Wallets
Crowdfund Insider
Western Union (NYSE:WU), an old tech cross-border payment company has teamed up with Thunes (TransferTo Mobile Financial Services Ltd) to enable Western Union customers to send funds directly into mobile wallets around the world. Thunes connects diverse payment systems so unbanked or underbanked users gain access... Read More The post Western Union and Thunes Partner on Mobile Wallets appeared first on Crowdfund Insider. Read the full story
Europe's central bank just flashed a warning for any Deutsche Bank-Commerzbank merger
Business Insider
A merger being discussed by Deutsche Bank and Commerzbank just got a warning sign from the European Central Bank. The European Central Bank is adding its criticism to the idea of a tie-up between Deutsche Bank and Commerzbank. "I do not particularly like the idea of national champions," the chair of the ECB's Single Supervisory Mechanism told the Financial Times before the merger discussions were announced. Berlin "has become more aggressive in protecting its largest businesses from foreign Read the full story
MOVES-Barclays hires Credit Suisse internet banker
Reuters
Barclays Plc said on Tuesdayit had hired Robert Peck, an investment banker focused on theinternet space who previously worked at Credit Suisse Group AG, the second internet banker it has hired in the pasttwo months. Read the full story
Capital One has a new partnership with ticket reseller Vivid Seats — Savor cardholders can earn 8% cash back
Business Insider
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. Business Insider may receive a commission from The Points Guy Affiliate Network, but our reporting and recommendations are always independent and objective. Capital One has announced a new benefit for cardholders with the Capital One Savor Cash Rewards Credit Card. Savor cardholders can get 8% cash back on purchases made through Vivid Seats, a ticket-reselling platform. When you Read the full story
TREASURIES/BONDS/STOCKS
How bond traders are betting the Fed will declare an early end to balance sheet runoff
MarketWatch
Traders ramp up bets on the U.S. government bond yield curve to steepen. Read the full story
Markets Edge Higher On Lighter Volume As Investors Anticipate Fed Talks
Investor's Business Daily
Broad market indexes continued to edge higher in listless afternoon trading as investors awaited results of Tuesday's Federal Reserve Meeting. Read the full story
Stocks are up as traders shift focus to see just how 'patient' the Fed will be
Business Insider
US futures and European stocks are up in anticipation of the Federal Reserve cutting its forecast for interest-rate hikes this year. However, the Fed is likely to reduce its economic growth forecasts. Traders drove US futures and European stocks higher on Tuesday as they anticipated the Federal Reserve would commit to just one or even zero interest-rate hikes this year. Weak inflation, signs of a global economic slowdown, and stock market volatility at the tail end of 2018 could prompt the Fed Read the full story
Treasury yields edge lower ahead of Fed meeting
MarketWatch
Treasury yields struggle for direction on Tuesday before a key Federal Reserve meeting that could underline the uncertainty shrouding over the U.S. economy. Read the full story
Investors may scramble to get in on this market comeback, fueling it further
CNBC
The strong stock market performance to start 2019 has yet to lure most investors back in from the sideline, according to the latest Bank of America Merrill Lynch Global Fund Manager Survey. Read the full story
Dow's bullish 'golden cross' set to appear, exactly 3 months after a bearish 'death cross'
MarketWatch
The Dow Jones Industrial Average chart is set on Tuesday to produce a bullish "golden cross" pattern, exactly three months after a bearish "death cross" appeared. A golden cross is when the 50-day moving average (DMA), a shorter-term trend tracker, crosses above the 200-DMA, a longer-term trend divider. Many technicians believe the cross marks the spot where a shorter-term bounce turns into a longer-term uptrend. Dow futures are up about 102 points before the open. The 50-DMA is on track to open Read the full story
Top 5 Things to Know in The Market on Wednesday
Investing.com
Investing.com
Economy Mar 20, 2019 09:38 GMT Investing.com - Here are the top five things you need to know in financial markets on Wednesday, March 20 1. Markets Await Fed Announcement, Powell The Federal Reserve is not expected to take action on interest rates at the conclusion of its two-day policy meeting at 2:00PM ET(18:00 GMT), keeping the Fed funds rate in a range between 2.25%-2.5%. Fed Chair Jerome Powell is due to hold a press conference half an hour after the release of the policy statement. The Read the full story
CRYPTO'S / DIGITAL CURRENCY
Galaxy Digital Backs $5.25 Million Round for Blockchain Staking Startup
CoinDesk
Blockchain staking startup Bison Trails has raised $5.25 million in a series seed funding round backed by investors including Galaxy Digital. Read the full story
Cryptopia resumes trading of 40 trade pairs; plans to add more soon
AMBCrypto
The New Zealand-based cryptocurrency exchange, Cryptopia, announced that it resumed trading on 40 pairs that they deemed secure. The exchange, which was hacked twice in January 2019, has since been taking several steps towards a full recovery from the attack. Cryptopia tweeted, "Update: We have resumed trading on 40 trade pairs that we have quantified... Read the full story
Axios Markets: Bitcoin is losing its Wall Street buy-in — S&P's market cap markdown — Measuring the black market
Axios
Axios
Was this email forwarded to you? Sign up here. Situational awareness: Former economic adviser to the Clinton and Obama administrations and Princeton economics professor Alan B. Krueger was found dead on Sunday at the age of 58. The cause of death was suicide. (Daily Princetonian) Read the full story
Bitcoin is losing its Wall Street buy-in
Axios
The public markets' cryptocurrency hype is no more and it's losing votes of confidence from Wall Street. Read the full story
Japan, arguably the world’s leader in cryptocurrency regulation, is set to drop more rules on the industry by capping leverage trading on cryptocurrency exchanges. Japanese regulators approved on Friday amendments to Japan’s financial instruments and payment services laws that limit the amount of leverage cryptocurrency exchanges may offer users when margin trading. The cap will now be two-to-four times initial deposits — in line with foreign exchange (forex) trading — according to a report from Read the full story
Bitcoin is losing its Wall Street buy-in
Axios
The public markets' cryptocurrency hype is no more and it's losing votes of confidence from Wall Street. Read the full story
Bitcoin Blight Deepens
Barron's
Barron's
The world’s first cryptocurrency is in a prolonged price slump, and a gloom has settled upon the once high-flying world of digital currencies. Read the full story