Thursday, January 30, 2025

EXCERPTS FROM MARKZ, 30 JAN

 EXCERPTS FROM MARKZ

Member: Some are saying nothing until Chinese new year ends and HSBC is open on Monday next week

Member: Another Intel person says IQD rate being 4.75 and contract rate at 5.19. And possible announcement on Saturday.

​​Member: Majeed is indicating Iraq Forex this Weekend!

Member: That would be amazing. 

MZ: I am hearing they have sped things up massively in the last 10 days. 

Member: With Kuwait having the highest currency in the world, it makes no sense for Iraq to revalue at a rate too much higher than Kuwait.

Member: Mark why hasn't 4b got notifications for the rv? what are your thoughts on when it would happen?

MZ: I have zero bond updates today. This may have been one of the longest stretches I have seen in weeks with nothing on that front. Same with PP’s CMKX ect…..contacts are not sharing information. They have really tightened up the lips. Zipped the lips

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