THIS government+public debt=Italy’s bankrupcy

Italian deputy PM says government will not lower 2019 deficit goal

It is so odd. The whole world is slowing down; tariffs are hitting the US exporter, literally in China American exporters were wiped out in many sectors. While the data is showing something opposite. The US is on the verge of a slowdown, or rest of ...

ISM non-manufacturing index hits 61.6 in September, vs. 58 estimate

Very good, maybe Italy will get out from the doldrums.

Italy govt has reached agreement on 2.4 pct deficit-GDP target for 2019 - govt source

It is Britain which dropped its demands. Germany is holding firm.

German Govt spokesman says Govt position on Brexit is unchanged- RTRS

The conclusion is that there is no deal today, but talks will resume as soon as possible and a deal is a matter of time. Then the market will pretend to be shocked and CAD will rally few cents during a day...same old story.

U.S.-Canada talks break up with no Friday agreement - sources: DJ

USD strength is like pulling the string to extremes. It needs fuel/a lot of force otherwise USD is bound to lose ground.

U.S.-Canadian trade talks have concluded -Canadian official: RTRS

West do not care that much about Russia, especially about any military conflict(sic!). Lavrov said it for domestic politics.

Russia warns west 'not to play with fire' in Syria: Lavrov

In medium/long term low inflation=higher money value. Therefore low inflation currencies(see the EUR)gain more. The ECB was created to reflect Bundesbank policy=German aversion to high inflation. Actually, it was Germany’s condition to ...

Trump said to complain Powell hasn't been cheap-money Fed chair: BBG

Just now EUR jumped to 1.1448 on a closed market. Uncommon

Is Euro Headed for 1.15?

No, he is ok, he is a dictator. People who voted for him are in denial.

Turkey's Erdogan says attacks on the economy are likely to continue for another while

He is full winner. Felt the blood. Crush the enemy.

I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as...

Especially real wages which dropped. The US economy passed its top. Now inflation will cause more harm than good.

Consumer price index – July 2018

If the market is reacting to such a news then it is the only evidence of extreme irrationality. Erdogan will not change his mind and he will get more aggressive until his head is cut off. So the market should buy now all the USD they can. Instead of ...

Turkey PM Erdogan: US Dollar Etc. Cannot Block Our Path- Those With FX, Gold Under The Pillow...

It sunk already, so any possible extreme scenario would be 10% soar. Same with other currencies against USD.

Sterling could sink or soar 10% and is the ‘most interesting currency to trade,’ strategist...

Too many too early are writing about USD breakout. I am waiting to buy 1.15-1.1530, in the worst scenario 1.1450-1.15.

Is the US Dollar Breaking Out?

The USD is strong due to short-term capital inflows. Considering huge trade balance deficit and lack of competitiveness of American economy the USD is overvalued at least 10%-20% to for example EUR.

Kudlow says China's currency fall is money leaving the country: 'They're going to be in a heap...

They could slow down with future rate hikes. Make the fourth hike tentative or say “as trade war starts to have an impact on the US economy it is better to stay in wait and see mode”.

ISM manufacturing index hits 58.1 in July; construction spending down 1.1% in June

One needs to read the details. The trade war is taking the toll. This is just a beginning. FOMC may react.

ISM manufacturing index hits 58.1 in July; construction spending down 1.1% in June

According to what leaked on Monday or Tuesday GDP should be 4.8%.

Trump Says He Thinks GDP Numbers Will Be 'Terrific'