KTFA (Tink, MilitiaMan & Samson)

TINK: FRANK SOUNDED GOOD THIS MORNING. HIS BP WAS VERY GOOD TODAY 130/70 SOMETHING, HE SAID HE DIDN’T WRITE IT DOWN WHEN THEY TOLD HIM. SO MUCH BETTER. HE’S IN PAIN TODAY FROM THE SURGERY AND IS DEALING WITH THAT ISSUE TODAY.

TINK:  LATEST UPDATE: HI EVERYONE: UPDATE FROM FRANK ~ THE DR DECIDED NOT TO LET HIM COME HOME TODAY. HIS WHITE BLOOD CELL COUNT IS HIGH AND THEY WILL BE CHECKING HIM FOR INFECTION IN HIS BLOOD. IT’S PROBABLY HIS BODY REACTING TO THE SURGERY STRESS BUT WE WANT TO MAKE SURE HE’S GOOD BEFORE THEY RELEASE HIM.

PLEASE PRAY THAT THERE IS NO INFECTION. TY

Samson:  Washington to Al-Kazemi: We will follow how to implement the reforms that the Iraqis want

8th May, 2020
The US State Department confirmed, on Thursday, that it will follow how the new Iraqi prime minister, Mustafa Al-Kazemi, applies the reforms that Iraqis want.

“The United States will follow how the Iraqi Prime Minister applies the reform measures that the people are demanding,” State Department spokeswoman Morgan Ortagos told Sky News Arabia.

She added that the Iraqi people should express their choices regarding their future, stressing “supporting the independence and sovereignty of Iraq.”

The Iraqi parliament voted after midnight yesterday, Wednesday, on the government curriculum for the new Prime Minister Mustafa Al-Kazemi, and 15 ministers were voted on, so that Al-Kazemi’s government acquired an official capacity.

As soon as it was given the confidence, the Al-Kazemi government met with a domestic and international welcome, as both the US and Iranian foreign ministers congratulated its formation and pledged their countries’ support for Iraq.

The United Nations, Britain and Turkey on Thursday also welcomed the occasion of the inauguration of the head of the intelligence service, Mustafa al-Kazemi, as head of the Iraqi federal government.  LINK

MilitiMan:  The State Department has their Eyes and Ears on how the reforms measures get applied..

The State Department would know about the meetings that were held in respect to immediate solutions to avoid more crisis and one of the reforms the citizens demand is their purchasing power to increase.

Just as the IMF and World Bank have talked about, as in if there was a time to allow other currencies into the SDR basket, the timing is now.

Thus, giving purchasing power will equate to a demand that the citizens want and they world as well. Not going to get into the SDR ever at a program rate.. imo..

So it it “LAUNCH” season imo.. lol ~ MM

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Samson:  High-risk currencies are supported by progress on trade with China

8th May, 2020

Strong currencies linked to global trade rose on Friday, supported by news of US and Chinese negotiators agreeing to boost cooperation on a trade deal as more and more governments reopen their economies at a slow pace

Senior trade representatives from the United States and China discussed the one-stage agreement between the two countries on Friday, while China said it had agreed to improve the atmosphere for implementation of the agreement and the United States said the two sides believed that commitments would be fulfilled

The phone conversation came in light of escalating tensions between the two countries, which was exacerbated by the United States ‘criticism of China’ s response to the outbreak of the new Corona virus

The Australian dollar, which is closely related to sentiment towards China and the global economy, rose 0.3 percent to 0.6516 US dollars, after hitting earlier a week’s high. The currencies of a number of emerging markets also rose

The US dollar suffered in search of a trend as investors challenged a widespread sense of pessimism about upcoming US employment data and focused on trade news and the gradual lifting of public isolation measures. What undermined the American currency was its damaged yield again, at a time when money markets are considering a low probability of negative interest rates this year

The dollar index, which tracks the performance of the greenback versus a basket of six major currencies, was unchanged at 99.851. The dollar’s decline against higher-risk currencies indicates a recovery in risk appetite with the rise in global stocks, and the Nasdaq index has now erased its losses incurred since the beginning of this year

In addition to significant monetary easing around the world, hopes for a return to economic conditions support sentiment. The euro fell 0.1 percent to $ 1.0823, but held close to the lowest level in two weeks, which recorded on Thursday at 1.07665, although it fell more than one percent per week.

Against the yen, the dollar rose to 106.32 yen, above a seven-week low that it touched on Wednesday

LINK

MilitiaMan:  There is some data out that may support that in fact there was a nice move in regard to the CBI of Iraq, possibly at close on Thursday. The data suggests as of 05/08/2020 2:35 PM out of Australia shows a move of 74.75% to the upside.. I am not fully sure of the context of the data just yet. But, this article has me smiling.. As there telling us the biggest players on the map are dealing, and it looks promising. The FIMA and SLL has been noted and the IMF and World Bank have spoken too.. We shall see if the data has legs…. imo.. ~ MM