Friday, March 29, 2024
“Tough” Comments On Interest Rates Raise The Dollar Globally, 29 MARCH
“Tough” Comments On Interest Rates Raise The Dollar Globally
Money and business Economy News - follow up The dollar received a boost against its major currency counterparts, during trading today, Thursday (March 28, 2024), as a Federal Reserve official said that they are not in a rush to lower interest rates amid stubborn inflation, at a time when traders are awaiting major economic data.
Meanwhile, the yen maintained its position against the dollar after Japan's top monetary policy officials indicated on Wednesday that they were ready to intervene. The Japanese currency is still not far from the level of 152 against the dollar.
Federal Reserve Governor Christopher Waller said that the latest inflation data, which was disappointing, confirms the need for the US central bank to refrain from reducing the target interest rate in the short term.
The dollar index, which measures the performance of the US currency against major currencies, rose in the wake of Waller's comments and saw little change, settling at 104.41 points. It has increased about three percent so far this year.
Waller's speech is "evidence that the Fed is more cautious about stubborn inflation and perhaps even accelerating price growth again," said Kyle Rodda, a financial markets analyst at Capital.com.
Traders are awaiting key US inflation data to be released tomorrow, Friday, after a larger-than-expected jump in US durable goods orders on Tuesday, which has already strengthened the dollar against the yen.
The dollar reached 151.975 yen yesterday, Wednesday, its highest level against the Japanese currency since mid-1990.
But the yen rose slightly after the Japanese authorities held a meeting, on Wednesday, regarding the currency’s decline, and chief currency official Masato Kanda said that he “would not rule out taking any steps to respond to erratic movements in the foreign exchange market.”
Finance Minister Shunichi Suzuki said authorities could take "decisive steps," language he has not used since Japan's last intervention in 2022.
In one of the transactions, the yen reached 151.37 against the dollar.
As for cryptocurrencies, Bitcoin rose in the latest trading by 1.14 percent to $69,648.86.
Views 64 03/28/2024 - https://economy-news.net/content.php?id=41946
"QFS CONVERSATIONS" WITH GOLDILOCKS, 29 MARCH
Goldilocks and Seeds of Wisdom
“Since trade values mostly increase when switching from MFN schemes to FTA schemes due to the latter’s lower tariff rates, a depreciation of the domestic currency may increase more than when only considering the above typical effect through relative price changes.”
Vietnam is currently working on a couple of finishing touches to the payment side of their new stock market upgrade. They are currently working on trading ratios that allows a Free Trade Agreement based on supply and demand moving forward.
Vietnam does have some banks that are Basel 3 compliant, and more integration inside this upgrade is still taking place. For them to trade on a supply and demand platform, they need to prove that they have enough commodities and services to support this change into a Free Trade Agreement with other countries.
This will greatly enhance their currency’s purchasing power, and the demand for it will increase its value. The implementation of this new status of Free Trade Agreements is expected to be implemented on January 1st, 2025.
Vietnam News
CEPR
Watch the water.
© Goldilocks
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Most countries around the world are bankrupt or on the verge of being so with no ability to repay their debts. War, inflation, geopolitical issues, debt and more have created price distortions inside our International Financial System.
Part of the process of restoring credit to an individual or countries is to go through a Credit Valuation Adjustment. You are going to hear the term Credit Valuation Adjustment as we get closer to the moment when Nations around the world sign an International Treaty Agreement to make these changes.
This is part of the reason why we have Basel 3 compliance coming into play this year. These new requirements will reveal Financial flaws needing to be adjusted inside the banking system and force mergers needed to successfully put us on a path that is sustainable going forward.
Bank of England
Wikipedia
© Goldilocks
Parliamentary Integrity Presents A File Related To Kuwaiti Violations Of Iraqi Oil, 29 MARCH
Parliamentary Integrity Presents A File Related To Kuwaiti Violations Of Iraqi Oil
Information/Baghdad... Today, Thursday, the Parliamentary Integrity Committee presented the file of Kuwaiti violations on oil lands in Basra Governorate and within the administrative borders of Iraq.
Committee member Intisar al-Maliki told Al-Maalouma, “Parliamentary Integrity held a meeting with the head of the Integrity Commission to discuss a number of files and issues related to financial and administrative corruption.”
She added, "The most important issues, news, and rulings were discussed, while the files of lagging projects, financial waste, transfer of funds, distribution of land, and social benefits were presented."
Al-Maliki indicated that "the meeting focused on the issue of Kuwait's violations of Iraqi oil lands."
Kuwaiti violations are still continuing, and this time they included the border oil fields shared with Iraq according to a plan prepared by Britain, as historical maps confirm the right of Iraq, which owns 224 miles of oil fields towards the Arabian Gulf and Khor Abdullah, amid silence from the Ministry of Foreign Affairs regarding these violations. LINK
VThe Global Currency Reset (GCR) Update BY MIR. ED, 29 MARCH
The Global Currency Reset (GCR) Update
Posted By: Mr.Ed [Send E-Mail]
Date: Thursday, 28-Mar-2024 00:31:31
I’ve practically read some of the best news in a long time. We will be having the announcement of the launch of NESARA which seems to be like the first days of April, so we will see soon…
What they are basically saying is that NESARA will be announced to the world, which will show that EVERYTHING NEW is beginning.
Then after that, there will be an emergency broadcast system circulating globally, where they will literally be showing documentaries of everything that has happened to wake up the masses.
But, to do that, there will be a message on EBS saying that sometime in the next 5 hours or so, everyone needs to be home and a global lockdown will begin for 10 to 12 days.
During that lockdown it will be broadcast on every station and there will be documentaries to provide full disclosure for everyone to see everything that has been happening.
So at the end of the 12 days, apparently there will be an 800 number that we will then have to call and then from that point we will be given our quantum appointment with confirmed date and time to go to. (Here it refers to VR).
Other things were also announced.
– Apparently we already GLOBALLY ALL have a sum of money in our quantum account and the reason why there hasn’t been much information coming from the QFS team in these last few weeks, is because some important things were happening.
One of the things is about about 75 banks that were said to have been seized and all assets and accounts closed and all of these were Cabal accounts.
These assets have then been taken and moved to the quantum financial accounts to be returned to the people.
And also all trust funds were moved to the QFS account. So, that’s already moved, which is awesome!
In fact, over time, money will no longer be a problem. Money literally just won’t be important because everyone will have enough to live an abundant life.
So try to progress instead of being held back for so long.
This is incredible news and it is what we have been waiting for.
They also confirmed that all the central banks have been taken and entered into the QFS, so they are all on the ISO 20022 standard and the other thing to remember is that this is blockchain and nothing fraudulent can happen because everything is traceable.
Any money that is sent they can see where it goes. Stops corruption in its tracks.
There’s nothing about moving money behind doors or, you know, banks in the middle of nowhere abroad and stuff like that.
None of that can happen anymore.
All money is traceable and remember this is on a computer that is from Out of This World… it’s next level stuff.
Now we are in the final steps. Then the stock market will crash because when it does, it will be the end of it.
Oh, another thing is that all the personal bank accounts, everything is reflected in the quantum financial account, so we have nothing to worry about.
The only thing that is not reflected are the investments and shares on the Stock Market. All that is gone! …so if you have an investment in the Stock Market, take it out… and then the NEW STOCK will be launched when the QFS indicates that it can operate.
So all our bank accounts, savings accounts and retirement accounts are safe.
This is great news and exciting times lie ahead.
Note: EVERYTHING indicates that the date of April 1 is being “pushed”…the New Year according to the Julian calendar to begin the changes…
If you pay attention to the news of everything that happens, it is like the environment is being created to ensure that the big thing they announce arrives on that date.
http://t.me/Qfs_global/106
Source: Rumor Mill News
Kurds question Iraq census results, demand 1957 data verification, 23 NOV
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...