WOTS Wednesday 4/3/19
Forex Rates:
At 4:30 am Eastern I was alerted by one of our Skype room members that all of the currencies were zeroed out again, and now repopulated as you can see below on the chart.
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1186.0000 | 1186.0000 | 1186.0000 | | 04:35 |
| USD/VND | | | 23198.0000 | 23198.0000 | 23198.0000 | | 04:37 |
| USD/CNY | | | 6.7224 | 6.7053 | 6.7222 | | 04:41 |
| USD/KWD | | | 0.3041 | 0.3035 | 0.3041 | | 04:36 |
| GBP/USD | | | 1.3195 | 1.3121 | 1.3131 | | 04:42 |
| USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 04:36 |
| USD/IDR | | | 14229.0000 | 14114.0000 | 14226.0000 | | 04:40 |
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DC NY Iraq Articles:ddd
Barzani: continue to form the new Kurdistan government without waiting more
11:09 - 03/04/2019
Baghdad - Mawazine News
The leader of the Kurdistan Democratic Party, Massoud Barzani, on Wednesday, to proceed with the formation of the new government of the Kurdistan region without waiting more.
Barzani said in a speech at the opening of the exhibition, which was attended by correspondent / Mawazin News, "The reconstruction of the city of Mosul is more difficult to liberate it from the grip of the organization is calling."
He added that "the policy of the parties and parties connected the city to the current stage, and what it suffers," stressing that "the factors that led to the emergence of a dodger has not been addressed so far and still remains a threat to Iraq."
"It was supposed to be the elimination of the militant organization in Iraq and Syria in a single time."
And the formation of the new government of the Kurdistan region, Barzani said that "we can wait more and must continue to form a government," pointing out that the presence of Adel Abdul Mahdi, head of the government in Kurdistan is the final opportunity and should not be compromised. " d
The leader of the Kurdistan Democratic Party, Massoud Barzani, on Wednesday, to proceed with the formation of the new government of the Kurdistan region without waiting more.
Barzani said in a speech at the opening of the exhibition, which was attended by correspondent / Mawazin News, "The reconstruction of the city of Mosul is more difficult to liberate it from the grip of the organization is calling."
He added that "the policy of the parties and parties connected the city to the current stage, and what it suffers," stressing that "the factors that led to the emergence of a dodger has not been addressed so far and still remains a threat to Iraq."
"It was supposed to be the elimination of the militant organization in Iraq and Syria in a single time."
And the formation of the new government of the Kurdistan region, Barzani said that "we can wait more and must continue to form a government," pointing out that the presence of Adel Abdul Mahdi, head of the government in Kurdistan is the final opportunity and should not be compromised. " d
Today .. Iraqi-Saudi meeting and important news about the {Visa} countries
Editorial date: 2019/4/3 8:22 • 1144 times prescribed
BAGHDAD (AFP) - A senior Saudi delegation headed by Majid al-Kasabi, the minister of trade and investment, arrived in Baghdad on Wednesday to attend the second session of the Iraqi-Saudi Coordination Council, during which he will meet the Iraqi president, prime minister and parliament.
It is scheduled to continue the work of the Council two days, in the presence of a number of businessmen between the two sides.
The meetings will witness the signing of a memorandum of understanding between the two sides, and discuss a number of points, including the outputs of the sub-committees and the developments and priorities of the next phase.
The Saudi delegation will consist of 100 personalities, including 9 ministers, as well as agents of ministers, directors-general and businessmen.
The spokesman for the Iraqi Foreign Ministry Ahmad al-Sahaf said in a press statement that the visit of the Saudi delegation to Baghdad comes within the framework of joint coordination between the two countries at all levels, especially as relations with Saudi Arabia is important in reflecting on the interests of the two brotherly peoples, pointing out that "Saudi Arabia can play A role in the stage of investment and reconstruction in Iraq, and cooperation with multiple economic circles, as he put it.
The first session of the Coordinating Council was held in Riyadh, Saudi Arabia, in October 2017 under the patronage of King Salman bin Abdul Aziz and former Prime Minister Haidar al-Abadi.
During the visit, the two sides are expected to sign a number of important agreements and launch a number of projects in several fields, especially the economic and trade aspects.
According to Abdul Aziz al-Shammari, the Saudi ambassador to Iraq, the Saudi-Iraqi relations are at their best at the moment, indicating that the Saudi-Iraqi Coordination Council will be the start of a number of projects and the signing of various agreements.
"We intend to grant visas to Iraqi brothers in Baghdad over the next two months and officially open the Saudi consulate there."
The Iraqi-Saudi Coordination Council aims to enhance the bilateral relations between the two brotherly countries in all fields to new horizons and coordinate bilateral efforts to serve the interests of the two countries and ensure the protection of common interests and develop their strategic partnership. The Council also aims to encourage the exchange of technical and technical expertise between the two countries, And cooperation in scientific research.
The delegation includes Prince Badr bin Abdullah bin Mohammed bin Farhan, Minister of Culture, Minister of Environment, Water and Agriculture Abdul Rahman al-Fadhli, Minister of Energy, Industry and Mineral Resources Khaled al-Falih, Minister of Education Hamad al-Sheikh, Minister of Information Thabir al-Shabana, Director of the General Authority of Customs, Abdul Aziz Al-Abdul Karim, Deputy Minister of Energy, Industry and Mineral Resources, Rameh Al-Rumaih, Chairman of the Public Transport Authority and Abdul Rahman Al Harbi, Governor of the General Authority for Foreign Trade.
The Saudi ambassador in Baghdad revealed in previous statements on the opening of Arar border crossing with Iraq in June, after Saudi Arabia pledged to build a full Iraqi port and equipped with all the requirements of any port, infrastructure, office equipment and technical testing devices.
Shammari stressed that the border port with Iraq will contain the largest commercial exchange between the two countries, and will be on the Saudi side.
"There is no doubt that with the opening of the port, all the goods imported by Iraqi traders from Saudi Arabia will cost less, instead of entering through neighboring countries will be the entry of these goods directly, as will be reflected on the economic movement inside Iraq.
The Saudi ambassador in Baghdad also talked about the possibility of using Iraqi businessmen and traders to Saudi ports on the Red Sea in the import and export operations, revealing discussions between the two countries to sign an agreement to issue visas for businessmen and Iraqi citizens to Saudi Arabia. The final signing will be during the meeting of the Saudi- The Iraqi that is starting today
The meetings will witness the signing of a memorandum of understanding between the two sides, and discuss a number of points, including the outputs of the sub-committees and the developments and priorities of the next phase.
The Saudi delegation will consist of 100 personalities, including 9 ministers, as well as agents of ministers, directors-general and businessmen.
The spokesman for the Iraqi Foreign Ministry Ahmad al-Sahaf said in a press statement that the visit of the Saudi delegation to Baghdad comes within the framework of joint coordination between the two countries at all levels, especially as relations with Saudi Arabia is important in reflecting on the interests of the two brotherly peoples, pointing out that "Saudi Arabia can play A role in the stage of investment and reconstruction in Iraq, and cooperation with multiple economic circles, as he put it.
The first session of the Coordinating Council was held in Riyadh, Saudi Arabia, in October 2017 under the patronage of King Salman bin Abdul Aziz and former Prime Minister Haidar al-Abadi.
During the visit, the two sides are expected to sign a number of important agreements and launch a number of projects in several fields, especially the economic and trade aspects.
According to Abdul Aziz al-Shammari, the Saudi ambassador to Iraq, the Saudi-Iraqi relations are at their best at the moment, indicating that the Saudi-Iraqi Coordination Council will be the start of a number of projects and the signing of various agreements.
"We intend to grant visas to Iraqi brothers in Baghdad over the next two months and officially open the Saudi consulate there."
The Iraqi-Saudi Coordination Council aims to enhance the bilateral relations between the two brotherly countries in all fields to new horizons and coordinate bilateral efforts to serve the interests of the two countries and ensure the protection of common interests and develop their strategic partnership. The Council also aims to encourage the exchange of technical and technical expertise between the two countries, And cooperation in scientific research.
The delegation includes Prince Badr bin Abdullah bin Mohammed bin Farhan, Minister of Culture, Minister of Environment, Water and Agriculture Abdul Rahman al-Fadhli, Minister of Energy, Industry and Mineral Resources Khaled al-Falih, Minister of Education Hamad al-Sheikh, Minister of Information Thabir al-Shabana, Director of the General Authority of Customs, Abdul Aziz Al-Abdul Karim, Deputy Minister of Energy, Industry and Mineral Resources, Rameh Al-Rumaih, Chairman of the Public Transport Authority and Abdul Rahman Al Harbi, Governor of the General Authority for Foreign Trade.
The Saudi ambassador in Baghdad revealed in previous statements on the opening of Arar border crossing with Iraq in June, after Saudi Arabia pledged to build a full Iraqi port and equipped with all the requirements of any port, infrastructure, office equipment and technical testing devices.
Shammari stressed that the border port with Iraq will contain the largest commercial exchange between the two countries, and will be on the Saudi side.
"There is no doubt that with the opening of the port, all the goods imported by Iraqi traders from Saudi Arabia will cost less, instead of entering through neighboring countries will be the entry of these goods directly, as will be reflected on the economic movement inside Iraq.
The Saudi ambassador in Baghdad also talked about the possibility of using Iraqi businessmen and traders to Saudi ports on the Red Sea in the import and export operations, revealing discussions between the two countries to sign an agreement to issue visas for businessmen and Iraqi citizens to Saudi Arabia. The final signing will be during the meeting of the Saudi- The Iraqi that is starting today
In the document .. Raise the wages of the cleaners in the municipality of Nineveh
Editorial date:: 2019/4/3 23:
(Baghdad: Al-Furat News) The Directorate of Municipalities of Nineveh province, the wages of cleaning workers working in the province.
An administrative order issued by the Director of the Municipalities of Nineveh Province dated April 2, "increased the daily fee for cleaning workers in our municipal institutions and at the expense of {cleaning} from 7 thousand dinars to 12 thousand dinars and from 2/3/2019.
Changes in important positions awaiting the city of Mosul
03-04-2019 12:52 AM Baghdad:
A senior source said Tuesday that major administrative changes will take place in the city of Mosul, the center of Nineveh province in the coming hours.
The source said that there are radical changes and great will be seen in the city of Mosul in the next few days, "noting that 'the removal of the mayor of Mosul, in addition to changing the director of contracts'.
He added, 'The assistant governor, and the director of accounts in the province will be changed.'
The parliament voted earlier to sack the governor of Nineveh accused of corruption Nawfal al-Akoub and his deputies after the incident of the ferry that killed more than 100 martyrs. "
Oil is rising to the highest level this year and approaching $ 70
Editorial date: 2019/4/3
The price of oil rose Tuesday to its highest level since the beginning of 2019, as Brent crude nears $ 70 a barrel, amid the possibility of further sanctions on Iran and new crashes in Venezuela, which could increase the impact of supply cuts Which is led by OPEC.
Brent crude futures hit a session high of $ 69.51 a barrel, its highest since November 13. Brent rose 36 cents, or 0.52 percent, to settle at $ 69.37 a barrel.
Western Texas Intermediate crude rose 99 cents, or 1.61 percent, to settle at $ 62.58 a barrel, after touching $ 62.72, its highest level since November 7.
The United States is considering imposing further sanctions on Iran, the fourth largest producer of the Organization of the Petroleum Exporting Countries (OPEC), an official said.
At the same time, operations have been halted again at a crude oil terminal in Venezuela, which is also subject to US sanctions, due to power problems.
Western Texas Intermediate crude rose 99 cents, or 1.61 percent, to settle at $ 62.58 a barrel, after touching $ 62.72, its highest level since November 7.
The United States is considering imposing further sanctions on Iran, the fourth largest producer of the Organization of the Petroleum Exporting Countries (OPEC), an official said.
At the same time, operations have been halted again at a crude oil terminal in Venezuela, which is also subject to US sanctions, due to power problems.
Iraq imports goods from Kuwait worth 7 billion dinars during the past month
Wednesday, April 3, 2019
Information / Baghdad ..
The Ministry of Commerce and Industry said on Wednesday that the volume of exports to Iraq about seven billion Iraqi dinars during the month of March, noting that Iraq was ranked fifth in the import of Kuwaiti goods.
"The total exports to Arab countries excluding the Gulf countries amounted to 115.5 million dinars in March compared to 7.5 million dinars in the same period of 2018," the Kuwaiti newspaper Al-Anbaa reported.
The exports to the Arab countries were distributed to Egypt, Iraq, Jordan, Lebanon, Yemen, Morocco, Tunisia, Algeria, Palestine, Syria, Sudan and Libya.
"Egypt topped the list with 110 million dinars, followed by the UAE with 2.1 million dinars." Italy came third with 2.1 million dinars while Qatar came fourth with 1.8 dinars Followed by Iraq by about 1.8 million dinars (7 billion Iraqi dinars).
She pointed out that "Jordan came in sixth place with a value of 1.4 million dinars, up 15.8% compared to the same month last year and then followed in seventh place Belgium worth 922 thousand dinars."
Kauaihn Iraq Articles:dd
Halabousi and the UN envoy are looking to amend the provincial elections law and support the Commission
Editorial date: 2019/4/3
(Baghdad: Al-Furat News) Speaker of the House of Representatives Mohamed Halbusi, on Tuesday, with the United Nations envoy in Iraq, Jenin Hines Blaschart, amend the provincial law and support the Commission.
"The meeting discussed all the political developments taking place in the Iraqi arena, and understandings of political forces to complete the government cab, and the efforts of the United Nations in support of Iraq," said a statement by Halaboussi.
He added that "the meeting discussed the file of provincial elections and amend its law, as well as support the work of the Electoral Commission for elections in a format that qualifies to overcome the obstacles experienced by, as well as the possibility of holding local elections during the coming period."
He added that "the meeting discussed the file of provincial elections and amend its law, as well as support the work of the Electoral Commission for elections in a format that qualifies to overcome the obstacles experienced by, as well as the possibility of holding local elections during the coming period."
Mr. Sadr directs the ministers and officials of the Liberal Party to the anti-corruption council and hinted at another position
Date of release: • 2019/4/3 11:58 • 85 times scheduled
(Baghdad: Al Furat News) The leader of the Sadrist movement, Mr. Moqtada al-Sadr, on Wednesday, all ministers and special degrees of the Liberal bloc in previous governments introduced themselves to the Supreme Council for the fight against corruption.
"Based on the directives of Mr. Muqtada al-Sadr and the continuation of the reform project and the support of the current government in the file against corruption, it is decided to invite all ministers and holders of special grades who occupy the positions referred to in previous governments who belonged to the Liberal bloc to present themselves to the Council The highest anti-corruption, which is formed by the decisions of the current government for the purpose of verifying the absence of corruption files related to them. "
The statement also called on Prime Minister Adel Abdul Mahdi, in his capacity as Chairman of the Supreme Council for the fight against corruption, to follow up this subject personally and objectivity and transparency of the absence of corruption files related to them.
The statement pointed out that "the special office of Mr. Sadr will remain in a state of waiting and anticipation of the results that will lead to it and in the absence of access to clear and conclusive results there will be another position of Mr. Sadr."
The statement also called on Prime Minister Adel Abdul Mahdi, in his capacity as Chairman of the Supreme Council for the fight against corruption, to follow up this subject personally and objectivity and transparency of the absence of corruption files related to them.
The statement pointed out that "the special office of Mr. Sadr will remain in a state of waiting and anticipation of the results that will lead to it and in the absence of access to clear and conclusive results there will be another position of Mr. Sadr."
Deputy governor of Diwaniyah vows to hold a leading leader in court due to house arrest
03-04-2019 12:05 AM
Baghdad:
The deputy governor of Diwaniyah, Engineer Hussein al-Moussawi, warned the Sadrist movement on Tuesday to hold the head of the popular group in the province legally accountable because of the latter's threat to the local government after its decision to vacate a government house used by the authority.
In a statement received by al-Moussawi, al-Moussawi said: "The crowd is a government institution and should respect the law. It has another headquarters and has the possibility of providing other places."
The head of the crowd in Diwaniyah threatened during a speech in one of the activities in the province not to allow anyone to take the crowd's house, saying (Shawarnbh Moa if he took one and take the house) and called on the provincial council to vote on decisions to serve the city and its dilapidated streets.
In a statement received by al-Moussawi, al-Moussawi said: "The crowd is a government institution and should respect the law. It has another headquarters and has the possibility of providing other places."
The head of the crowd in Diwaniyah threatened during a speech in one of the activities in the province not to allow anyone to take the crowd's house, saying (Shawarnbh Moa if he took one and take the house) and called on the provincial council to vote on decisions to serve the city and its dilapidated streets.
An important meeting of the Basra Council tomorrow
Date of release: 2019/4/3
{Baghdad: Al Furat News} The Basra Provincial Council, on Wednesday, an extraordinary session to complete the presentation and discussion of the plan of the province's projects for the year 2019 in preparation for ratification.
The administrative secretary of the provincial council, Tahsin Kamel Khasaf, said in a press statement that the council will present during its scheduled meeting on Wednesday the draft projects of the sectors of health, security, justice and education as well as the operational budget for 2019 in preparation for ratification.
"This week will be a deadline for the approval of the plan," Khasaf said.
The Basra Provincial Council held a number of regular and extraordinary meetings last month to discuss the plan of the province's projects for 2019
"This week will be a deadline for the approval of the plan," Khasaf said.
The Basra Provincial Council held a number of regular and extraordinary meetings last month to discuss the plan of the province's projects for 2019
Deputy for victory: the region underestimates the central government and its people live under a dictatorship
03/04/2019 149
Deputy for victory: the region underestimates the central government and its people live under a dictatorship
"The Kurdistan Region underestimates the central government."
Al-Sunaid said in a press statement that "the government of Abadi was with the Kurds and the Kurdish people know that." He pointed out that "the government of Abadi imposed the law on the Kurds and put points on the letters."
He added that "the region exports oil in his honor and underestimates the government of the center"; pointing out that "the Kurdish parties control the Kurdish people and take over his capabilities."
He said that "650 thousand barrels exported by the region without any return to the central government," noting that "the Kurds export oil from the port of Ceyhan without reference to the central government."
He pointed out that "the budget unfair to the people of the south more than the region and wealth must be distributed equally", noting that "the Kurdish people live a dictatorship under the domination of the Kurdish parties."
He added that "all the political parties did not intend to good legislation on the law of oil and gas in the era of Abbadi," explaining that "the legislation of the law of oil and gas will harm the interests of political parties, so legislation is difficult."
Al-Sunaid said in a press statement that "the government of Abadi was with the Kurds and the Kurdish people know that." He pointed out that "the government of Abadi imposed the law on the Kurds and put points on the letters."
He added that "the region exports oil in his honor and underestimates the government of the center"; pointing out that "the Kurdish parties control the Kurdish people and take over his capabilities."
He said that "650 thousand barrels exported by the region without any return to the central government," noting that "the Kurds export oil from the port of Ceyhan without reference to the central government."
He pointed out that "the budget unfair to the people of the south more than the region and wealth must be distributed equally", noting that "the Kurdish people live a dictatorship under the domination of the Kurdish parties."
He added that "all the political parties did not intend to good legislation on the law of oil and gas in the era of Abbadi," explaining that "the legislation of the law of oil and gas will harm the interests of political parties, so legislation is difficult."
Riyadh and Baghdad are accelerating efforts to develop their cooperation
BAGHDAD - The second session of the Saudi-Iraqi Coordinating Council will be held in Baghdad on Wednesday, in a step that will deepen the great rapprochement between the two countries and serve their efforts to create a wider area of bilateral cooperation and common interests in several fields. And promising.
These efforts serve Baghdad's direction to overcome the cold state that characterized Iraq's relations with its Arab surroundings during the past decades. This is reflected in the political discourse and practical efforts of the new Iraqi government led by the May elections, led by Iraqi President Barham Salih and Prime Minister Adel Abdul Mahdi.
On the Saudi side, these efforts reflect the Kingdom's determination to return strongly to the Iraqi arena through the gate of economic interests and to compete with Iran's strong influence in that arena.
On Tuesday, Riyadh announced a large Saudi delegation to visit Iraq, headed by Minister of Trade and Investment Majid bin Abdullah al-Qasabi.
The delegation also includes ministers of culture, environment, energy, industry, education and Gulf affairs, as well as representatives of bodies and institutions represented by the Interior, Foreign Affairs, Finance, Media, Investment, Education, Saudi Arabian Monetary Agency, Intelligence, Saudi Fund for Development and the State Security Presidency. It also includes representatives of the King Salman Relief Center and a high-ranking delegation from Saudi companies.
The composition of the delegation reflects the most important areas in which Saudi Arabia wants to focus in establishing its new relationship in Iraq. The two main issues are the economic and security fields and their close interrelationship, considering that the security problems in Iraq are in some aspects developmental problems. The decline in the standard of living of its citizens and the weakness of services provided by the state are the soil for the growth of extremism and the movement of terrorist organizations, such as Al-Qaeda and Al-Qaeda.
After a nearly four-year war, Iraq managed to defeat an al-Qaeda organization and end its control over areas and cities, most notably Mosul.
However, the war has left enormous devastation in the areas where it has taken place, and its population has been disrupted by the displacement of millions of its inhabitants, thousands of whom are still outside their homes awaiting the reconstruction of their areas, a difficult and costly process.
Reconstruction represents an ideal gateway for Saudi Arabia and other wealthy Arab countries to return to Iraq and compete with Iranian influence, which is based mainly on political and sectarian ties whose importance is clearly declining among the vast majority of Iraqis seeking security, stability and development.
It is expected that the Saudi delegation will meet on the sidelines of the meeting in Iraq with President Barham Salih, Prime Minister Adel Abdul Mahdi, and Speaker of the House of Representatives Mohamed Halboussi.
The Saudi-Iraqi Coordinating Council held its first meeting in the Saudi capital of Riyadh in October 2017. The Council aims, according to the official letter accompanying the announcement of its establishment, to "promote bilateral relations in all fields to new horizons and coordinate bilateral efforts to serve the interests of both countries. Protecting common interests and developing their strategic partnership ".
Relations between the two countries were severed in the wake of Iraq's invasion of Kuwait in the early 1990s, and resumed in the wake of the fall of Saddam Hussein's regime in 2003. But they were shy because of Saudi Arabia's reservation to Iran's growing role in Iraq, Former Iraqi Prime Minister Haider Abadi.
Saudi Arabia to grant visas to Iraqis ...
03-04-2019 11:36 AM
Saudi Arabia announced its intention during the next two months to grant visas to Iraqis from Baghdad.
The Saudi ambassador to Iraq, Abdul Aziz al-Shammari, said Saudi Arabia also plans to open the Saudi consulate in Baghdad within two months.
This comes in conjunction with the Iraqi-Saudi Coordination Council held its second session in Baghdad, where the spokesman of the Ministry of Foreign Affairs, Ahmed Al-Sahaf, the importance of strengthening relations with Saudi Arabia, especially as it can play an important role in the stage of investment and reconstruction in Iraq, Multiple.
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Today in History
ABC News
ABC News
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10 Things to Know for Today
ABC News
Among 10 Things to Know: 2020 by the numbers: Democrats posting big campaign stats; Los Angeles police identify suspect in slaying of rapper Nipsey Hussle; EU chief negotiator says chaotic Brexit becoming ever more likely Read the full story
OIL/COMMODITIES/ENERGY
Gold Prices Decline as China Manufacturing Data Lifts Confidence
Investing.com
Commodities Apr 01, 2019 11:03 GMT Investing.com - Investing.com - Gold prices edged lower on Monday, as better-than-expected China manufacturing data eased concerns about a slowdown in economic growth and boosted appetite for riskier assets. China’s Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) rose to 50.8 from 49.9 in February. That was the strongest reading in eight months and followed an uptick in the official PMI, which tracks mainly state-owned enterprises. The data Read the full story
Gold Prices Slip as China Data Boosts Investor Sentiment
Investing.com
Commodities Apr 02, 2019 04:45 GMT Investing.com - Gold prices slipped on Tuesday in Asia after data suggested China’s manufacturing sector was recovering from a sharp slowdown earlier in the year. Gold futures traded on the Comex division of the New York Mercantile Exchange were down 0.3% to $1,290.65 by 12:45 AM ET (04:45 GMT). China’s Caixin/Markit manufacturing purchasing managers’ index (PMI) rose to 50.8 from 49.9 in February, a private survey on Monday showed. That was the strongest Read the full story
Oil Prices Gain Amid Reports of More Sanctions on IranInvesting.com
Commodities Apr 02, 2019 04:14 GMT Investing.com - Oil prices gained on Tuesday in Asia following reports that the U.S. is considering imposing more sanctions on Iran. U.S. Crude Oil WTI Futures was up 0.3% to $61.80 by 12:15 AM ET (04:15 GMT). For the Jan 1 to March 31 period, the U.S. crude rose 33%. The last time it gained more for a quarter was during Q2 2009, when it rose about 40%. The international Brent Oil Futures also traded 0.3% higher to $69.19. It rose 26% for the first quarter, its Read the full story
Oil Prices Surge on China Strength, OPEC Supply TighteningInvesting.com
Commodities Apr 01, 2019 13:50 GMT Investing.com - Oil prices surged on Monday after strong Chinese economic data and signs of supply tightening. New York-traded West Texas Intermediate crude futures gained 42 cents, or 0.7%, at $60.56 a barrel by 9:47 AM ET (13:47 GMT). Meanwhile, Brent crude futures, the benchmark for oil prices outside the U.S., traded up 70 cents, or 1.0%, to $68.28. After three straight months of contraction, manufacturing activity in China expanded more than expected in Read the full story
BANKS/BANKING/CREDIT
Wells Fargo's CEO is out. Here's how the bank can end its crisis
CNN Business
Wells Fargo is finally doing what it should have done long ago: Hire an outsider CEO who isn't stained by the bank's toxic culture. Read the full story
UPDATE 1-South Africa to get around $790 million in loans from BRICS bank
Reuters
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Bosnia's central bank doubles charge on banks' surplus reserves
Reuters
Bosnia's central bank hasdoubled the negative interest rate on commercial banks' excessreserves to minus 40 basis points from -20 bps, in line with therate charged for deposits by the European Central Bank, it saidon Monday. Read the full story
UPDATE 1-Chile central bank cuts growth, inflation forecasts for 2019
Reuters
(Updates with quotes from report, context, details on mining'simpact on growth) Read the full story
More financial advisors are turning to insurance products to boost client income
CNBC
Economic and demographic shifts are making life insurance and annuities more attractive options for fixed income, say financial advisors. Read the full story
Deutsche Boerse interested in FX trading platform FXall -Handelsblatt
Reuters
German stock exchange operatorDeutsche Boerse is interested in buying foreignexchange trading platform FXall, Handelsblatt business dailyreported on Monday. Read the full story
America's community banks in danger of extinction due to credit union tax loophole
Fox News
Credit unions, awash in cash because of their tax-exempt status, are buying banks in cash deals -- and it is resulting in the annual loss of tens of millions in tax monies. Read the full story
TREASURIES/BONDS/STOCKS
The biggest question for the market entering the second quarter
CNBC
March saw a turn toward more stable, less cyclical, yield-and-cash-flow plays as bond yields rushed lower and global growth remained wobbly. Read the full story
Why the world’s biggest bond investor is dismissing the recession warning of the yield curve
MarketWatch
Pimco’s chief investment officer says the U.S. is unlikely to head for a recession this year Read the full story
For those who can't print money, an inverted yield curve is not something to trifle with
Financial Post
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StockBeat: Europe's Stocks Roar as China's PMI Rebounds
Investing.com
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Top 5 Things to Know in The Market on Tuesday
Investing.com
Economy Apr 02, 2019 09:48 GMT Investing.com - Here are the top five things you need to know in financial markets on Tuesday, April 2: 1. Bitcoin Briefly Spikes Above $5,000 In Sudden Surge Bitcoin briefly rose above the $5,000-level to reach its highest since late November. On the Luxembourg-based Bitstamp exchange, Bitcoin rose as much as 20% to briefly touch a high of $5,080 before pulling back to $4,780 by 5:45AM ET (10:45 GMT), up almost 16% on the day; still its biggest one-day gain since Read the full story
CRYPTO'S / DIGITAL CURRENCY
Bitcoin Price Posts Biggest Quarterly Gain Since Late 2017
CoinDesk
Bitcoin made double-digit gains in the first three months of 2019, marking its best quarterly performance since Q4 2017. Read the full story
Bitcoin [BTC] is mined with electricity that has no use, says eToro's Senior Market Analyst
AMBCrypto
eToro's senior market analyst and cryptocurrency bull Mati Greenspan suggested that Bitcoin mining was not as energy intensive as its opponents branded it to be. He added that BTC mining was done using electricity that would’ve otherwise gone to waste. In a March 30 tweet, the analyst stated that the top cryptocurrency in the market... Read the full story
The SEC Wants to Hire a 'Crypto Securities' Advisor
CoinDesk
The U.S. Securities and Exchange Commission is looking for an attorney advisor to help develop a plan for digital and crypto securities. Read the full story
Bitcoin Cash, Litecoin Futures Volumes Top $150 Million at Kraken Exchange
CoinDesk
Kraken's Crypto Facilities has seen trading volumes in litecoin and bitcoin cash futures surge five-fold in recent weeks. Read the full story
The New York Crypto Digital Space Conference is set to provide unprecedented insights for the Cryptocurrency landscape
AMBCrypto
The Crypto Digital Space Conference to be held at the Downtown Conference Center in New York on 17th of May 2019 will feature a premier speaker lineup of renowned cryptocurrency and technology experts that will cover a great range of innovative and exploratory topics, as well as the surging questions pulsing throughout thecryptomarkets today. The... Read the full story
CURRENCIES
Dollar trades lower as China data sparks appetite for risky assets
MarketWatch
MarketWatch
A rebound in Chinese economic data, along with signs that a trade deal with the U.S. might not be too far off, increases risk appetite on Monday, leading riskier currencies higher and the U.S. dollar lower. Read the full story
Forex - Dollar off Lows as U.S. Manufacturing Activity Accelerates
Investing.com
Forex Apr 01, 2019 18:05 GMT Investing.com - The U.S. dollar moved off session lows against its rivals on Monday as stronger U.S. manufacturing data helped keep a lid on the downside following a sharp increase in the pound ahead of a fresh rounds of votes in the U.K. on a path for Brexit. The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies, fell by 0.02% to 96.78, but remained above session lows of 96.60. ISM manufacturing data for March Read the full story
Forex - U.S. Dollar Falls on Weak Retail Sales
Investing.com
Forex Apr 01, 2019 14:53 GMT Investing.com - The greenback fell slightly on Monday as retail sales fell unexpectedly as economic growth declines. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, slipped 0.1% to 96.738 as of 10:53 AM ET (14:14 GMT). The Commerce Department said retail sales dropped 0.2% in February due to cuts on of furniture, clothing, food and electronics and appliances. The drop in the data could reflect delays in Read the full story
Forex - Pound Falls Amid Brexit Uncertainties;AUD Slips as RBA Keeps Rates on HoldInvesting.com
Forex Apr 02, 2019 03:52 GMT Investing.com - The British pound fell on Tuesday in Asia after U.K. lawmakers rejected all alternative options to Prime Minister Theresa May’s Brexit deal. The GBP/USD pair was down 0.2% to 1.3068 by 12:01 AM ET (04:01 GMT). Traders are closely monitoring further developments on the Brexit after the U.K. parliament again rejected all alternative options to May’s withdrawal deal. The four options that were rejected include a call on the government to negotiate a Read the full story
London lira overnight swap rate jumps to 400 pct
Reuters
Reuters
The Turkish lira overnight swaprate in London soared to 400 percent after tradingat around 200 percent earlier on Monday and a close of 23.75percent on Friday, according to Refinitiv Eikon data. Read the full story
Turkey's move to prop up lira before elections hurt its credit standing: Moody's
CNBC
Last week, Turkey's central bank had published data showing that its gold and foreign exchange reserves dropped more than $2 billion for the week ending March 22. Read the full story
Forex - Yuan Slips Despite Strong Factory Surveys; U.S. Dollar Falls
Investing.com
Forex Apr 01, 2019 05:13 GMT Investing.com - The Chinese yuan fell on Monday in Asia despite an unexpected improvement in the country’s factory activity. The USD/CNY pair last traded at 6.7054 by 1:27 AM ET (05:27 GMT), down 0.1%. The Caixin/Markit PMI came in at 50.8 for March, higher than the expected 49.9. The official PMI that was released on Sunday also rose 50.5 from February’s 49.2. It was the first expansion in four months. A reading below 50 signals contraction, while a reading above Read the full story
HEALTH / SCIENCE
The brain: can you really think yourself healthy?
BBC Science Focus Magazine
New research is discovering that the way you think about life can fend off infection, help you live longer and even spare you from the surgeon’s knife. Read the full story
36 Things For Your Bathroom You'll Wish You'd Bought Years Ago
BuzzFeed
From cleaning products that really work to quirky bathroom accent pieces, you're going to want a little of everything. Read the full story
Colorectal cancer vaccine could prevent tumors in highest risk people
Daily Mail
People with Lynch Syndrome have genes that give them an 80 percent higher risk of the cancer. A vaccine developed by Weill Cornell Medicine researchers prevented the cancer in some mice. Read the full story
USA / CANADA
Weak February U.S. retail sales underscore slowing economy
Reuters
Reuters
U.S. retail sales unexpectedly fell in February, the latest sign economic growth has shifted into low gear as stimulus from $1.5 trillion in tax cuts and increased government spending fades. Read the full story
Loss of trust makes it harder than ever to know when a recession is coming: Don Pittis
CBC News
With experts so divided, no wonder Canadians are struggling to read the economic tea leaves, including upcoming jobs numbers, for themselves. Read the full story
Trump calls census 'meaningless' without citizenship question
POLITICO
The president’s comment comes one year ahead of the next census milestone, April 1, 2020. Read the full story
Comic: The Bulls Are Hoping Powell Will Pull A Bernanke And Restart QE
Investing.com
Economy Apr 02, 2019 11:52 GMT Investing.com - The U.S. Federal Reserve is done raising interest rates until at least the end of next year, according to economists in a Reuters poll who gave a 40% chance of at least one rate cut by end-2020. The Fed left its federal funds rate on hold last month as expected, but its "dot plot" projections shifted and now suggest no hikes in 2019 compared with two in December. While the Fed’s projections show one rate hike next year, the latest Reuters poll of Read the full story
EMERGING MARKETS