Iko ward: Everyone is putting on their happy face, like a big corporation the day before the layoffs are being announced.
Elmerf123456: Gonna see a ping pong match today and tomorrow the ball may be lost under the furniture. ...... we wait and watch this is a significant week.
Badscott54: Guys from what I understand (because I don't have cable) all you have to do is watch the news and you can see for your self everything that is going on. I wish I could watch. It has to be amazing to see all that is going on and have an understanding why it is happening.
Iko Ward: Well, at the end of their day Europe caved. Lets see how Wall Street does.
Weneedit: I thought the market was going to crash today it's + 103 lol
Iko Ward: weneedit...isn't that interesting?
Greatly Blessed: Dollar rises with alert dealers to raise US interest rates
Follow-up / Treasures Mella -
The dollar rose against a basket of currencies on Monday, as the competition most major currencies moved in a narrow range as investors focused on the possibility of raising US interest rates this week for the first time in nearly ten years.
Chinese yuan fell to its lowest level in four and a half years after China's central bank cut again to the mid-point of the yuan's exchange rate. It came after the announcement on Friday about a new trade-weighted index, which some saw as a green light for a new cut of the value of the Chinese currency.
It is scheduled to conclude Monetary Policy Committee Federal Reserve (Fed) meeting on Wednesday.
The dollar index, 0.3 percent from levels late on Friday to 97.874 but it is still a bit far away from the highest level in 12 years and a half that it reached at the beginning of the month.
The Australian dollar found some support in encouraging Chinese data released on Saturday showed growth in factory output at the fastest pace in five months. The Australian dollar rose 0.4 percent against its US counterpart for up to US $ 0.7211.
And Sterling fell from its highest level in three weeks against the dollar, which rose on Monday after it became among investors almost certain that the central US will raise interest rates this week.
Sterling fell 0.5 percent to $ 1.5151 after rising to its highest level in three weeks at $ 1.5240 on Friday, which traders attributed to the sale of operations carried out by Asian investors earlier in the session.
GoldPeg9: And the Canadian Dollar is at 74 cents. Makes us choke. Isn't logical at all.
wmawhite ...the tariffs, the taxes, are budget issues and are needed to support the budget. However, those two items will cause major increases in goods to the citizen.
Therefore, Iraq must provide more purchasing power via a more valuable currency.
Alan: If Iraq does not act fast there going to miss put on A LOT of money.
Walkingstick: Iran: Sanctions to be lifted in ‘next few days’
Sun Dec 13, 2015 11:47AM HomeIranEnergy
Minister of Petroleum Bijan Zangeneh says oil sanctions against Iran will be lifted in the “next few days."
He made the announcement as Iran’s Petrochemical Forum (IPF) opened in Tehran with an appeal to foreign companies to re-open their offices in the resource-rich country.
“Iran’s oil sanctions will be completely annulled in the next few days,” Zangeneh said.
The lifting of sanctions will enable the country to fulfill its 20-year vision plan, including its target to produce $70 billion of petrochemicals a year at current prices, the minister added.
“Iran has enough feedstock at its Persian Gulf coasts for new projects, including its plans for production of ethylene from LNG, ethane and propane,” Zangeneh said.
The minister called on leading energy companies to re-open their offices in Iran in order to get Iranian support.
“Oppressive sanctions will be removed soon and international exchanges will become possible,” he said.
Managing Director of the National Petrochemical Company (NPC) Abbas Sheri Moqaddam said Iran’s petrochemical production will hit 70 million tonnes in the new Persian year which begins on March 20, 2016.
The products will be worth $27 billion at current prices, the official said.
“After nuclear negotiations, we must expect a boom in the petrochemical sector,” Sheri Moqaddam added.
http://www.presstv.ir/Detail/2015/12/13 ... m-Zangeneh
JDTolle: Don’t Hope,… Decide!
While waiting to pick up a friend at the airport in Portland, Oregon, I had one of those life-changing experiences that you hear other people talk about — the kind that sneaks up on you unexpectedly. This one occurred a mere two feet away from me.
Straining to locate my friend among the passengers deplaning through the jet way, I noticed a man coming toward me carrying two light bags. He stopped right next to me to greet his family.
First he motioned to his youngest son (maybe six years old) as he laid down his bags. They gave each other a long, loving hug. As they separated enough to look in each other’s face, I heard the father say, “It’s so good to see you, son. I missed you so much!” His son smiled somewhat shyly, averted his eyes and replied softly, “Me, too, Dad!”
Then the man stood up, gazed in the eyes of his oldest son (maybe nine or ten) and while cupping his son’s face in his hands said, “You’re already quite the young man. I love you very much, Zach!” They too hugged a most loving, tender hug.
While this was happening, a baby girl (perhaps one or one-and-a-half) was squirming excitedly in her mother’s arms, never once taking her little eyes off the wonderful sight of her returning father. The man said, “Hi, baby girl!” as he gently took the child from her mother. He quickly kissed her face all over and then held her close to his chest while rocking her from side to side. The little girl instantly relaxed and simply laid her head on his shoulder, motionless in pure contentment.
After several moments, he handed his daughter to his oldest son and declared, “I’ve saved the best for last!” and proceeded to give his wife the longest, most passionate kiss I ever remember seeing. He gazed into her eyes for several seconds and then silently mouthed. “I love you so much!” They stared at each other’s eyes, beaming big smiles at one another, while holding both hands.
For an instant they reminded me of newlyweds, but I knew by the age of their kids that they couldn’t possibly be. I puzzled about it for a moment then realized how totally engrossed I was in the wonderful display of unconditional love not more than an arm’s length away from me. I suddenly felt uncomfortable, as if I was invading something sacred, but was amazed to hear my own voice nervously ask, “Wow! How long have you two been married?
“Been together fourteen years total, married twelve of those.” he replied, without breaking his gaze from his lovely wife’s face. “Well then, how long have you been away?” I asked. The man finally turned and looked at me, still beaming his joyous smile. “Two whole days!”
Two days? I was stunned. By the intensity of the greeting, I had assumed he’d been gone for at least several weeks – if not months. I know my expression betrayed me.
I said almost offhandedly, hoping to end my intrusion with some semblance of grace (and to get back to searching for my friend), “I hope my marriage is still that passionate after twelve years!”
The man suddenly stopped smiling.
He looked me straight in the eye, and with forcefulness that burned right into my soul, he told me something that left me a different person. He told me, “Don’t hope, friend… decide!” Then he flashed me his wonderful smile again, shook my hand and said, “God bless!”
By Michael D. Hargrove and Bottom Line Underwriters, Inc. Copyright 1997
Wishing all a safe, warm and blessed dayJDT
My Ladies Room:
PrincessDD: Bond History Reveals Rate Secrets That Fed Doomsayers Don't Get http://www.bloomberg.com/news/articles/2015-12-14/bond-history-reveals-rate-secrets-that-fed-doomsayers-don-t-get
Princess DD: Oil tumbles toward 11-year lows on worsening glut http://www.reuters.com/article/us-global-oil-idUSKBN0TX02920151214#arZzlpJg6ZOplFJ9.97
Princess DD: Shell plans 2,800 job cuts as U.S. oil around $35 http://www.usatoday.com/story/money/markets/2015/12/14/oil-prices/77273446/
Princess DD: How lower crude oil prices impact markets https://www.thestreet.com/story/13395739/1/how-lower-crude-oil-prices-impact-markets.html
Princess DD: Futures try for gains; oil, Fed in focus
Princess DD: Gold prices drop as market tenses up ahead of Fed meeting http://www.marketwatch.com/story/gold-prices-drop-as-market-tenses-up-ahead-of-fed-meeting-2015-12-14
Princess DD: Congress and Fed Decisions Pending http://www.agweb.com/blog/the-allendale-wake-up-call/congress-and-fed-decisions-pending/
Euro Redemption Comes as Fed Rate Bets Hasten Commodity Slide http://www.bloomberg.com/news/articles/2015-12-14/euro-redemption-comes-as-fed-rate-bets-hasten-commodity-slide