Thursday, April 15, 2021

WOTS THU APR 15 21

 WOTS THU APR 15 21


There is no My FX Buddies Podcast today

"The people have suffered for a long time" .. A "angry" comment from the US State Department about the bombing of Erbil airport

The exchange rates of the dollar on the local markets on Thursday (April 15, 2021), according to the monitoring of specialists  


Baghdad - Al-Kifah Stock Exchange  


147,800....Price in exchange (approximate)
147,250

148,250 

Erbil / Bursa148,000 
Basra / Bursa147,900 
Najaf / Bursa147,850 
Mosul / Bursa148,000 
Sulaymaniyah / Bursa148,000 


The Markets:
The Asian markets closed mixed NIK up by .07% HSI up by .37% SHANG down by .52%
The UK markets are currently trading in the green  from .22% to .55% 
Our futures are currently trading in the green  DOW at 33769 up by .43% SNP at 4136.25 up by .54% NDX at 13874.25 up  by .54%

Precious Metals:
not available 
Brent 66 WTI  62   Bitcoin: 62,430 10 yr yield: 1.61

Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1459.0000  1464.0000 1457.9000 1457.2000 1457.7000  0.1000 16:00
 USD/VND  23073.0000  23076.0000 23062.7800 23056.2800 23056.2800  7.8000 00:02
 USD/CNY  6.5246  6.5266 6.5400 6.5223 6.5280  -0.0042 05:23
 USD/KWD  0.3010  0.3020 0.3013 0.3011 0.3013  -0.0003 05:22
 GBP/USD  1.3783  1.3784 1.3808 1.3764 1.3775  0.0009 05:25
 USD/IRR  42000.0000  42210.0000 42097.5000 42097.5000 42097.5000  0.0000 00:00
 USD/IDR  14609.0000  14609.0000 14654.0000 14584.0000 14612.0000  -5.0000 05:21

Things in the News:




Iraqi Articles:

Oil falls slightly after price jump

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Oil prices fell on Thursday despite holding near one-month highs after futures jumped as the International Energy Agency and others raised expectations of oil demand as major economies recovered from the epidemic.

Brent crude fell 4 cents to $66.54 a barrel by 0519 GMT after rising 4.6 percent on Wednesday and closing at its highest level since March 17.

U.S. West Texas Intermediate futures fell 11 cents, to $63.2 per barrel, after rising 4.9% in the previous session.

U.S. crude inventories fell 5.9 million barrels last week, more than double analysts' expectations, the Energy Information Administration (EIA) said Wednesday.

Gasoline supplied to the market last week, an indicator of U.S. fuel consumption, rose to 8.9 million barrels per day, the highest level since August, according to the Energy Information Administration report.

The Organization of Petroleum Exporting Countries (OPEC), which has blocked supplies along with other producers including Russia, this week raised its forecast for global oil demand this year.

OPEC expects demand to rise 70,000 barrels per day from last month's forecast and global demand is likely to rise by 5.95 million barrels per day in 2021.


The people have suffered for a long time" .. A "angry" comment from the US State Department about the bombing of Erbil airport

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"The people have suffered for a long time" .. A "angry" comment from the US State Department about the bombing of Erbil airport

On Thursday, the US State Department expressed its anger, in a comment on the missile strikes that targeted an international coalition center at Erbil Airport.

 

"People are angry at the attacks in the Kurdistan Region of Iraq. The Iraqi people have suffered for a very long time from this kind of violence and the violation of their sovereignty," said Foreign Ministry spokesman Ned Price, in a blog post seen by "People" (April 15, 2021).  

  

On Thursday, the Commander-in-Chief of the Armed Forces directed Prime Minister Mustafa Al-Kazemi to open an immediate investigation into the "attack" that took place in Erbil.  

The spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasool, said in a statement received by "People", a copy of it (April 15, 2021), that "the Commander in Chief of the Armed Forces, Mustafa Al-Kazemi, directed an immediate investigation into the attacks that occurred in Erbil and other regions."    

He added, "Al-Kazemi emphasized that the security of Iraq is the responsibility of the government and the Iraqi security forces in all their formations, and that this kind of terrorist acts that take place during the blessed month of Ramadan aim to destabilize security."    

And he continued, "At a time when the Sons of Iraq in our security forces write the most wonderful pictures in defending this country and combating terrorism and crime in all its forms, some are trying to create chaos and destabilize security and stability, which is unacceptable and will face the force of law and the solidarity of the Iraqi people."    

  

And the President of the Kurdistan Regional Government, Masrour Barzani, condemned the two attacks that targeted Erbil airport and Bashiqa camp, and confirmed that the perpetrators would be held accountable for their actions.  

The Prime Minister wrote a series of tweets on his Twitter account, saying: “I condemn in the strongest terms the terrorist attack that took place tonight on Erbil International Airport and the Turkish camp in Bashiqa, and condemn the terrorist group behind it. These recent attacks are nothing but a blatant attempt to undermine our internal security and our cooperation with International Alliance. "    


He added, "Any armed groups that do not operate within the official Iraqi security forces must immediately withdraw from the borders of the Kurdistan region, and in the coming days I will hold talks with Iraqi and international partners to discuss ways to achieve this."    


The Prime Minister said, “Tonight I spoke with Prime Minister Mustafa Al-Kazemi and Parliament Speaker Muhammad al-Halbousi to reaffirm our common goal of holding these outlaw groups accountable. I assure the people of the Kurdistan Region that the members of the terrorist group responsible for this attack will be held accountable for their actions.”    

  

On Wednesday, the US Department of Defense confirmed that it was aware of the details of the recent attack on Erbil International Airport.  

The spokeswoman for the Pentagon said, in a statement to American media, followed by "People" (April 14, 2021), that the Ministry of Defense is aware of the reports about the targeting of Erbil International Airport, in Iraqi Kurdistan.    

The spokeswoman added that "preliminary information indicates a large fire in the vicinity of the airport," according to what was reported by Al-Hurra website.    

  

And the Ministry of Interior in the Kurdistan region said, on Wednesday, that a drone carrying a high-explosive substance targeted an international coalition center inside Erbil Airport.  

The ministry indicated in a statement that "People" received a copy of it, that "after investigation and follow-up by the concerned authorities about the causes of the explosion that was heard tonight at Erbil International Airport, it became clear that the sound of the explosion was caused by a drone carrying TNT. T) was highly explosive, targeting a center for the International Coalition Forces at the airport.    

"Fortunately, the explosion did not cause any loss of life, but it caused material damage to a building, while investigations are still ongoing to determine the source and location of the drone launch," the statement said.    

  

On Wednesday, the leader of the Kurdistan Democratic Party, Hoshyar Zebari, described the recent bombing of Erbil airport this evening as a "dangerous escalation."  

  

Zebari said in a blog posted on "People" (April 14, 2021), "Tonight there was another terrorist attack by plane, to undermine the security of Iraqi Kurdistan."    

He added, "It seems that the same militias that targeted the airport two months ago have returned to it again, and this is a clear and dangerous escalation."


Parliamentary Finance reveals a government move to prepare the 2022 supplemental budget in the middle of this year

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The government is preparing to prepare the budget for next year 2022, while the Parliamentary Finance Committee noted the possibility of presenting a supplementary budget in the middle of this year.    

A member of the Finance Committee, Jamal Cougar, said in an interview with Al-Sabah newspaper, which was followed by Al-Iktissad News, that "the government formed a committee to prepare the 2022 budget and asked the Finance Committee to nominate representatives for it to be part of the committee."  

He added, "The holding of early elections is what prompted the government to take this step, especially since Parliament must dissolve itself before the elections, and this matter requires preparing the budget for next year so that there is no confusion in this regard," indicating that "the next parliament can vote on the 2022 budget." If it was prepared by the Al-Kazemi government. "  

He pointed out, "the government's intention to prepare a supplementary budget in the middle of this year and send it to Parliament with the rise in oil prices

 


CBI Update:  Just  a note:

They have been having auctions and the ISX has been trading regularly; the sites just don't update in time to put the information in this report, unless it is 
here.   

Click on the link above for the latest update.

The CBI for rate is 1460

The currency auction For April 15th , 2021 total sales amount $ 205,445,296

including   $ 9,000,000. CASH 

ISX Update:   

www.isx-iq.net/

Shares Traded: not updated for today
Value Traded: not updated for today 

4-15-2021   Newshound/Intel Gurus Walkingstick & Frank26  It [the Iraqi dinar] is going to shoot up way past its REER...Supply and demand on the dinar is going to explode in a nuclear fashion that's why it's going to climb fast for the REER internationally.  That's why I've told you you gotta know when to hold'm and when to fold'm.  You've got to pay close attention.  You should not run to the bank IMO.  You should walk to it.  Personally, I'm gonna sit back like a silver back gorilla.  I'm gonna sit back on the biggest mountain I can and watch everybody.  They'll be mistakes made and I'm going to learn from them...
4-14-2021   Newshound Guru Pimpy  Article:  "Al-Kazemi: The Central Bank reserves rise to more than $60 billion this is good.  Why is that?  The more of the reserve dollars that they have, the more foreign currency they have in the reserves that...strengthens the dinar.  This is awesome.  It's good to see.

4-14-2021  Intel Guru MarkZ   [via PDK]  [...It has the possibility to go back up internally if they collect enough Dinar off the streets.] They have definitely been doing that.   We have seen that in the main stream news…they have collected about a trillion and a half dinar off the streets in the past 2 months. Is there a set number they are looking for…no…I hear once they stop getting an inflow off the streets, then I’m told it will go, and go quickly.

4-14-2021   Intel Guru Frank26    The goal is to change the rate. And it will be fixed.  But IMO because of oil prices are changing constantly the float outside is going to move a little faster than I calculated...

4-14-2021   Intel Guru Bruce   [via WiserNow]   Our Blessing is on its way...we are at the point now where one specific bank out west – has indicated to us that they think there is a high expectation for notifications to come out tomorrow [Wednesday] for us... it looks more like what 2 other bankers have told us which was we should be there by Wednesday...at the very latest  was how they put it...if we don’t get notified early enough – like in the early or mid afternoon - we probably wouldn’t start until Thursday... We know the bank screen rates were up as early as last Saturday – maybe Sunday for sure - we believe they’re in – locked in – so the screens are all set and loaded for us... So I’m really excited...

4-14-2021   Newshound Guru Pimpy    I see it all the time in the news and it's interesting to watch.  We are seeing now almost on a daily basis is some type of talk about the exchange rate...the news is paying attention to what is happening on the open market.  Very very interesting.
 
4-14-2021  Intel Guru MarkZ   [via PDK]   [Are we there yet?]  Iraq has clearly put everything in position for it…but we have yet to see it...  [Are your bankers still on stand by...]  Everybody is staying in position….everybody is prepared.

4-14-2021   Newshound/Intel Guru Walkingstick   [via Guru Frank26]   Phase three:  They (the Fab 4/CBI) will keep a very tight band, a super tight band  on this international float.  Because they don't want it to move anymore than plus or minus 3%.  Then it will reach a cap...supply and demand will put the dinar on a different international level.

4-14-2021   Newshound/Intel Guru Walkingstick   [via Guru Frank26]  Phase two is another step in the exchange rate because it has the possibility to go back up internally if everything goes well - if they collect enough of the 3 zero notes.  There's a set number they're looking for.  They're trying to collect the 3 zeros in their country because they know you and I as speculators we'll turn ours in...they did send dinars to banks all around the world, they were all electronic/digital.  Brilliant...
 
4-14-2021   Intel Guru MarkZ   [via PDK]   No movement yet on the RV front…paymasters are still in place and they are prepared.   [do we need a paymaster?]  A paymaster is a like an attorney at a house closing. They take a large amount of funds...they make sure all fees are paid…all interested parties are paid…and everything is settled…We do not need a paymaster. As we understand our Tier 1 banks will act as a paymaster…they will distribute to us, make sure all fees are paid, covered and done.

Catnip's Corner:
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ARTICLE 1-A (from PM Kadhimi's website; posted only on Arabic side, not on English side)

Congratulation

On the occasion of the arrival of the Yazidi New Year, I extend my sincere congratulations and names to our Yazidi brothers, wishing them and all Iraqis security and safety and to live in peace and love in the shadow of the Iraq tent, which embraces its children of all sects and sects.

On this happy occasion, we affirm the government's keenness and seriousness to secure the return of all the displaced, including the Yazidi component, to their areas after the expulsion of ISIS terrorist gangs and the return of stability there, and to support the Yazidi survivors and survivors and achieve their demands.

The government also affirms the continuation of its efforts to return the kidnapped women and children and that it will spare no effort to achieve this, as the joys will not be complete without the reunification of our Yazidi people who have suffered so much, and it is our duty to do justice to them, rehabilitate their areas and repair what was destroyed, in order to ensure a better future for them and their children in the one prosperous Iraq.

Mustafa Al-Kazemi
Prime Minister
14 - April 2021

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ARTICLE 1-B (from PM Kadhimi's website; posted only on Arabic side, not on English side)

Prime Minister Mustafa Al-Kazemi receives the Turkish ambassador to Iraq

The Prime Minister, Mr. Mustafa Al-Kazemi, received today, Wednesday, the Turkish Ambassador to Iraq, Mr. Fatih Yildiz, on the occasion of the end of his duties.

During the meeting, they discussed bilateral relations and enhancing means of cooperation between the two countries on the basis of common interests and respect for sovereignty. A number of files of common interest were also discussed.

During the meeting, Mr. Al-Kazemi stressed Iraq's keenness to build balanced relations with its neighbors, and to support the stability and security of the region through its approach, the principle of dialogue and calm, mainly to resolve many issues and files.

Media Office of the Prime Minister
14 - April 2021

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ARTICLE 1-C (from PM Kadhimi's website; posted only on Arabic side, not on English side)

Statement

Today passes the 33rd anniversary of the start of the Anfal crime campaigns committed by the former regime against our Kurdish people, which resulted in tens of thousands of victims and the disappearance of large numbers of them in its dark prisons, and its destruction of hundreds of Kurdish villages and the displacement of their people, in a painful catastrophe that is dying for humanity.


Recalling the pain and sadness of this painful occasion, we stand with reverence and honor for the martyrs and victims of this crime, and that remembering it annually is a motivation for all governments to work hard without the return of dictatorship in any of its forms, and to reject everything that would revive the policies of discrimination, exclusion and marginalization, and recalling crimes The brutality committed against the Iraqi people confirms that the democratic, reformist approach and peaceful coexistence is the way to a bright Iraq dominated by peace, love and tolerance, and that the unity of the country, the dignity of life and justice is the goal and the basis for making Iraq a secure, stable and strong country with its people and its land.

Glory and eminence to those who ascended martyrs of our people in all scenes of their struggle against dictatorship

Mustafa Al-Kazemi
Prime Minister
14 - April 2021
 
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ARTICLE 2 (from Government of Iraq twitter account)

Watch: Highlights of the joint press conference by the Cabinet Spokesperson, the Minister of Culture @HassanNadhem, the Minister of Transportation Nasser Hussain Al-Shibli and the Minister of Youth and Sport @ADarjal:

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ARTICLE 3

Al-Halbousi discusses with the US ambassador strengthening the continuation of security cooperation to combat terrorism

4/14/2021 16:56 •
[Baghdad-Where]
Parliament Speaker Muhammad al-Halbousi received, on Wednesday, the US ambassador to Iraq, Matthew Tueller.
Al-Halbousi's office said in a statement, "During the meeting, bilateral relations between Iraq and the United States were discussed, and the strengthening of continued security cooperation to combat terrorism."
He added, "The meeting touched on the strategic dialogue between the two countries, and the importance of continuing to support Iraq in all fields, in a way that contributes to achieving development and stability, as well as discussing a number of issues of common interest."
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ARTICLE 4

A common mistake in the pre-dawn meal that many make invalidates the fast

4/4/2021 11:17 •
[Baghdad_Where]
Many people eat and drink shortly after the start of the call to prayer or during it, because they sleep late and miss the suhoor meal, then fast the next day normally, but this matter is considered wrong in jurisprudence.
The Islamic Research Academy stressed on its official page on social media that eating or drinking after the call to prayer spoils the fast.
And there was a question on the council’s page, whose owner said: “The alarm was set before the dawn call to prayer, so that my wife and I could drink, and upon waking up, the muezzin used to say,“ I bear witness that there is no god but God. ”So I told her to drink until the muezzin finishes the call to prayer? Is our fasting valid?
The Fatwa Committee of the Congregation responded, saying: "You must fast for the rest of the day, and you must make up that day after Ramadan, because eating or drinking after the call to prayer invalidates the fast."
 
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