-911 Memorial- Remember The BBC’s /MI6 Jane Standley, The Mossads ‘Dancing Israeli’s’ , laughing , smirking and lying about 911
-Obama/EPA Move to completely kill Coal power to favor London/Opec Oil Cartel
-London rejoices as it kill EU FTT (Tobin ) Tax, ECB /EU fails to regulate OTC derivative markets
-Italy plans to raise 2013 Debt Ceiling from EU80 Bln to EU98Bln, France also raises its Deficits
-NSA regularly passes USA Citizen illegal Spy Data to Israelis
-2 million bikers head to Washington DC to head off 911 Islamic Protest
-Obama Asks Congress To Delay Vote On Potential Syria Military Strike
-Putin: West must renounce violence against Assad Regime for transfer to work
-David Cameron Calls Syria Plan a Ruse
-Israel’s FM Lieberman said due to Obama Syria Delay Israel will have to attack Iran alone
-Japan to remilitarize due to Rise of China and over disputed Islands
-Apple unveiled the Low Cost, Asian market, iPhone 5S with a fingerprint sensor, an improved camera, and a faster, smaller processor.
- Italy Senate committee again adjourns debate on former PM Berlusconi until Thursday Sept 12th
-London puts out Short Sale on Germany
Funny AEP does not mention the UK falling North Sea Oil production and drive to increase their population by 30 million , largely through immigration by 2050 with no energy policy either. The English are filthy pirates as unlike the Island-state of Japan, or Germany and France and Italy, they produce nothing in Israel …er England and have to get their food, energy and material goods for building by cheating others in the financial markets and by running the global dope trade . The Jews in Israel produce a lot of ‘stuff’ like the Germans that is why their economy is not DOA. Israel has plenty of energy with 20 TCF offshore and potentially 100 billion of shale oil on shore (without expanding its present boarders). Israel certainly does not need that 50 billion barrels recently found in Northern Iraq.
Germany had a big ‘fail’ in solar by moving five years to early on it. They also have a fail over shutting down their nuclear plants before replacing the energy. Now the very evil German Zionist leadership wants the USA to go get it in Syria.
Germany is a short with the evil Stasi/Jewess Merkel leading it, but so is France with its Jew leading it, England with its nasty Jew leading, it and Italy with its nasty Jew leading it.
For a PHD in chemistry Merkels certainly done nothing for a coherent energy policy for Europe as shes been told to stay away from Russian Natural gas and investment. Sure are a lot of Jews running Europe, must be a big coincidence, eh.
The Tzar Nicholas the II was murdered as much over his plans to unite Germany with Russia and to run Europe between them and threaten English-French hegemony , than anything as well as his declination to sell his Crown out to the English Royal family which still claims they are entitled to the non-existent Russian Crown to this day.
If you look at Italy, Germany, France, and the UK they are all desperate for energy and refuse to deal rationally with Russia to get it, preferring assassination attempts on Putin, political intrigue and war. The USA/Canada are swimming in energy as our neighbors Mexico, Venezuela and Brazil.
Germans are very hypocritical as are French, Italians and the English if they don’t think their nations leaders are not driving this Syrian war agenda. After the BND’s creation of ‘Curveball’ why would any American be shocked that the Germans would be looking for us to expand their oil supply and security just as much as England, France and Italy?
Merkel if she were rational would construct a coherent energy investment policy for Europe with Russia to develop that offshore natural gas. Or she would invest in clean coal technology. Solar will be mainstream and affordable in around 10-2o years but will never be enough for all of Germany or the EU energy needs.
President Obama asked for patience with diplomatic efforts to corral Damascus’s chemical weapons in his address last night. These comments are being echoed by Congressional leaders from both parties today. Commentators suggest that while Russia’s plan is certainly a very long shot, it could make Syria the world’s problem again rather than a US problem. WTI crude is flat on the day, trading around the $107 handle. Gold after yesterday’s pounding by Goldman Sachs /Cartel was flat today.
Obviously with France trying to ‘trap’ Russia/Iran/Syria with a UN proposal , Cameron calling it a ‘ruse’ essentially; the Senate Anglo-Zionist gangs moving to authorize force in Syria should the chemical transfer ‘fail’, Putin is continuing to send ships into the Med, and talking about, and delivering more advanced Weapon Systems to Iran and Syria, the entire thing is a tinderbox in Syria and could go up in a moment’s notice, so ‘markets’ have it wrong today. Russia Today even reports the Russians have intelligence on the Rebels McCain was praising this morning planning on launching a false flag Chemical Weapons attack on Israel.
Obama politically failed to straddle the fence last night, and the world is now turning to Russia for leadership. The USA management team is badly tarnished with its own lies and for being such craven slaves to Englands and Israels war mongers . That has great implications for the dollar. Obviously neither the USA or EU economy is going any place and there is $4 trillion dollars of oil in Northern Iraq, and a badly needed pipeline rout in Syria and the London crowd wants it to help cover up their economic messes in Europe. The EU future may depend on getting that oil, thus this Syria war will probably go forward, one way or another. The EU looks a lot better with its own secure pipeline from Kurdistan to the med and 50 billion barrels of oil in the EU periphery of Israel-Kurdistan-Turkey. Europeans are enormous liars to blame the USA for their mess which goes all the way back to France and England’s Sykes/Picot line and ‘carving’ up Syria for European consumption after WW1.
Americans and America as intrinsically an anti-Royalist , anti-totalitarian, anti-socialist society are a grave threat to the EU/UK and their Communist China partner. The Eurotrash leaders would think nothing of destroying the USA to get what it wants and taking out its main competitor. Look at the Iraq and Afghan wars. Look at the aggression of Cameron and Hollande and the BND and Israel (part of the EU), falsifying intelligence as Obama tries to drag his heels on this war. So called USA Indy media commentators won’t got near what the Europeans are doing to foment this war, while making sure they dodge fighting or paying for it or getting any blame for it. The world is run from London, for now. London controls the USA. It is the $300 tln ‘tail’ that wags the ‘New England’ dogs of Congress.
Doubleline Capital’s Jeffrey Gundlach threw cold water on Fed taper plans in a public webcast last night. In May, Gundlach said QE would go on forever, and yesterday he predicted the Fed would keep buying bonds until targeted yields were achieved. He believes the 10-year UST yield will rise to 3.1-3.2% as latecomers to the bond market rally unwind positions. Currently the UST 10-year yield is in a holding pattern right around 2.96%.
Shares of Apple are down around 5 % as most analysts make cautious or hostile remarks about the new iPhone 5C and 5S models. Most are concentrating on the 5C, its chances in China and its big no-contract price tag of $549 (most Chinese carriers do not offer discounts on handsets with contracts). Apple pump and dumpers Oppenheimer and Lazard both reiterated their buy calls and hiked price targets. China Mobile continues to negotiate with Apple over carrying the new handsets.
In what will be the largest corporate bond sale in history , Verizon is selling $49B in bonds today (up from $20B initially) to fund its buy-out of its Verizon Wireless JV partner, Vodafone Group. The bid-to-cover is more than 2x, with more than $90B in orders. Commentators suggest the huge interest in the sale suggests investors are hunting for yield ahead of the FEDs decision next week on tapering.
United Rentals is down 5.5% after an executive made comments at an investor conference, providing a relatively granular update on current trends and some commentary on longer-term goals that are being seen as disappointing. Harvest Natural Resources is up 24% after entering negotiations with Pluspetrol Venezuela SA to sell its Venezuela assets and then spin off the rest of the company.
Shares of infertility treatment biotech OvaScience are down 30% after the FDA questioned the status of its main candidate, Augment. The company believes Augment is a cellular and tissue-based product, and as such, could be marketed commercially without FDA oversight or review as drug. The FDA disagreed and advised the company to submit an IND application, and the company chose to suspend enrollment US in US trials while moving forward with its plans for enrollment outside of the US.
A federal appeals court decided late Tuesday that Google Inc. can be held liable for violating a federal wiretap law when it collected personal information from Wi-Fi networks while obtaining photographs for Street View.A three-judge panel of the U.S. 9th Circuit Court of Appeals said data transmitted over an unencrypted Wi-Fi network were not readily available to the public and therefore could not be accessed under an exemption to the federal Wiretap Act. The ruling was a victory for wireless users who brought class-action lawsuits after their private information was accessed by Google’s Street View fleets.
New coal plants would need to install expensive equipment to limit climate-change emissions under a proposal the U.S. Environmental Protection Agency is close to issuing, according to people familiar with the plan. The EPA agreed to revise a similar proposal from last year in response to opposition by utilities and coal producers who said it would effectively kill coal as a power source. The new version will be structured differently, though it offers little solace to plant operators, according to the people who have been briefed by officials and asked not to be identified before the public release.
FED insiders are trying one last desperate attempt to get Yellen into contention for the FED chairmanship, but it appears London’s will with the whore Obama in place will prevail and Summers will be appointed.
FB hit a new high of 45 dollars. I’ve been covering and riding it higher. And bumped my short in it, and the DIA/SPY today. FB is a tough short but will eventually fill that massive gap at 28. Its a NSA/CIA/MI6/Mossad scam and bound to eventually be hurt badly over the NSA /GHCQ revelations. It takes a lot of patience to short a stock, especially one the WS/London crowd are running.
|Japan: Nikkei 225||14425.07||1.71||0.01%|
|Stoxx Europe 600||310.88||1.08||0.35%|
|UK: FTSE 100||6588.43||4.44||0.07%|
|Australia $ (AUD/USD)||0.9332||0.0018|
|Swiss Franc (USD/CHF)||0.9291||-0.0057|
|WSJ Dollar Index||73.77||-0.31|
|E-mini S&P 500||1687.25||4.75||0.28%|
|U.S. 10 Year||14/32||2.918|
|German 10 Year||10/32||1.996|
|Japan 10 Year||1/32||0.733|
The Italian Senate failed again to dispose of the Berlusconi problem one way or another. They will try again tomorrow.
EU’s Barroso gave his State-of-Union Speech to EU Parliament and reiterated that the Crisis was not over and must not be complacent. He stressed that unemployment was the most urgent issue. Bond spreads were narrower and trust was returning to the region. He reiterated recovery is in sight for Europe, but not out of economic “heavy weather”. He ended up attacking the UKIP party by inference and called for Political Union, citing the London/Rothschilds generated world wars as his threat against the European peoples. Barroso is a very , very evil Jew. Most Europeans don’t even know who he is.
ECB’s Coene said it was clear that Greece will need more help; perhaps one or two more times. He was not specific about the amounts. ECB’s Weidmann argued against another debt haircut for Greek bond holders. ECB’s Coure was out trying to lie away the ECBs complete failure to regulate London’s criminal OTC derivative platform. Speaking yesterday Jörg Asmussen, ECB Executive Board member, warned of the potential “spill overs” from the US Fed’s ‘tapering’ exercise, where it reduces its level of asset purchases. Asmussen also once again called for the ECB to publish minutes of its meetings, including a breakdown of how each member of the ECB voted and why.
The European Parliament yesterday gave its approval to a new set of EU market abuse rules, under which companies found guilty of rigging market benchmarks such as Libor could face fines worth up to 15% of their turnover,
Russia Ambassador to France Orlov said France draft UN resolution was too hasty, Syria refusal should prompt new talks on sanctions. Putin said unless the City of London run Nato gang and the USA gave up its right to use force against Syria, there would be no Chemical weapons transfer deal. UK Defence Secretary Philip Hammond has vowed to resist ceding any power to the EU on defense procurement.
Le Figaro cites a new Ifop opinion poll commissioned by the financier Philippe Oddo which finds that 61% of Germans want “less European integration”, 75% support financial sanctions against states that do not respect the EU budget rules and only 22% support permanent debt pooling via ‘Eurobonds. Speaking on the campaign trail yesterday, German Chancellor Angela Merkel warned of the need to arrest Europe’s decline, arguing “I don’t want us to be a continent in the end that one travels to and says ‘let’s see what these Renaissance buildings look like, let’s look at where the first car was built’, and everything that’s modern, that’s innovative, that’s great and that advances mankind happens elsewhere.” A new Forsa poll gives Merkel’s current CDU/CSU and FDP coalition a parliamentary majority, with the CDU/CSU on 39%, the SPD on 25%, Die Linke on 10%, the Greens on 9% (a four year low), the FDP on 6% and the Pirate Party and AfD both on 3%.
According to a leaked legal opinion by the European Council’s legal service the current plans for a financial transaction tax for 11 EU states under enhanced cooperation are “not compatible” with EU treaties and are “discriminatory” against non-participating states. The Times and the Telegraph said that the FTT is “dying a death of a thousand cuts – this could be the final one”, although a much watered down version of the levy may still be introduced. In response, the Commission has said it “strongly disagrees” with the legal opinion and stands by its view that the current proposal fits with EU treaties. Germany also suggested it would continue to push for the tax, although it warned any legal questions must be ironed out.
Polish Prime Minister Donald Tusk yesterday said that the Polish economy and energy industry would still be heavily dependent on coal for a “long, long time”. He added that Poland respected the need to reduce CO2 emissions, but that this would be achieved through technological innovation, with renewables remaining a “supplementary” source of energy.
The French government will today unveil the guidelines of its 2014 budget. According to a draft seen by Les Echos, France’s public deficit is expected to be 4.1% and 3.6% of GDP in 2013 and 2014 respectively – higher than the targets of 3.7% and 2.9% of GDP agreed with the European Commission. The French government has reportedly also lowered its growth forecast for 2014 from 1.2% to 0.9%
Late Europe Releases
(PT) Portugal Aug CPI M/M: -0.7% v -0.2%e; Y/Y: 0.2% v 0.7%e
(PT) Portugal Aug CPI EU Harmonized M/M: -0.7% v -0.2%e; Y/Y: 0.2% v 0.7%e
-Syria What Congress should know
-Annual 911 Memorial At the ZGR
With Friends like England and Israel the USA needs no enemy.
Lets Remember BBC/MI6′s Jane Standley
MI6 Demon Jane Standley is still in hiding. The ZGR demands her arrest for her part in the 911 black operation and trial for conspiracy to commit murder and terrorism.
Let’s Remember the Dancing Israelis
The ZGR calls for the arrest of the five ‘Dancing Israelis’ and they stand for conspriacy to commit Murder and terrorism along with the BBC’s Jane Standley
-President Vladimir Putin will discuss military-technological cooperation with Hassan Rouhani.
The Iranian and Russian presidents plan to hold a bilateral meeting in the Kyrgyz capital of Bishkek on September 13 on the upcoming sidelines of the Shanghai Cooperation Organization’s (SCO) summit. According to Peskov, Putin and Rouhani will discuss a range of issues including possible deliveries of S-300 anti-aircraft system and Russia’s proposal to Syria to put its chemical weapons under international control.
“Cooperation in the military sphere and the situation in Syria will be on the agenda,” the Kremlin spokesman said.
The Russian newspaper, Kommersant, reported on Wednesday that Moscow has agreed in principle to resume selling modified S-300 air defense missile systems to Tehran and constructing another unit of Bushehr’s nuclear power plant in southern Iran.
Under a contract signed in 2007, Russia undertook to provide Iran with at least five S-300 ground-to-air missile systems…
-Insane Senator John McCain
“I was very disappointed that the president did not mention the Free Syrian Army and our moral and material assistance for them, which is required. I think they do feel that they are being abandoned. Wednesday. I feel badly, very badly for my friends in the Free Syrian Army today.”
-NSA Gives American Data to Israelis-Snowden
The NSA regularly shares raw US intelligence data with Israel without even removing information about American citizens, according to the latest revelation published by the Guardian. The report is based on a document leaked by Edward Snowden.On Tuesday, September 11, the Guardian published a previously undisclosed document which revealed top-secret policies in place since 2009 that are used to share personal phone and Internet data pertaining to United States citizens with American ally Israel.The document, a five-page memorandum authorized by the National Security Agency near the beginning of US President Barack Obama’s first administration, outlines a deal between the NSA and Israel’s SIGINT National Unit, or ISNU….
Snowden sure looks like a real dissident.
-Bloomberg 2nd Amendment Destroyers Tossed out in Colorado Recall Election
-Russia’s Carrier Killer Enters Med
-Massive Civil Protest in Washington DC- 2 million bikers
-EU Economic Data
(FR) France Q2 Final Non-Farm Payrolls Q/Q: -0.2% v -0.2%e
(DE) Germany Aug Final CPI M/M: 0.0% v 0.0%e; Y/Y: 1.5% v 1.5%e
(DE) Germany Aug Final CPI EU Harmonized M/M: 0.0% v 0.0%e; Y/Y: 1.6% v 1.6%e
(SE) Sweden Aug PES Unemployment Rate: 4.8% v 4.8%e
(FR) France Current Account Balance: -€3.2B v -€1.4B prior
- ES) Spain July House transactions Y/Y: -5.0% v -5.5% prior
(HU) Hungary Aug CPI M/M: -0.3% v -0.1%e; Y/Y: 1.3% v 1.5%e
(EU) ECB €1.5B borrowed in overnight loan facility vs. €1.7B prior; €86.0B parked in deposit facility vs. €71.2B prior – Daily Eurosystem Liquidity Conditions
(NL) Netherlands July Trade Balance: €3.4B v €3.5B prior
(CZ) Czech July Current Account (CZK): +4.1B v -7.0Be
(UK) Aug Jobless Claims Change: -32.6K v -21.0Ke (10th straight decline); Claimant Count Rate: 4.2% v 4.3%e
(UK) July Average Weekly Earnings 3M/Y: 1.1% v 1.3%e; Weekly Earnings Ex Bonus 3M/Y: 1.0% v 1.0%e
(UK) July ILO Unemployment Rate 3M/3M: 7.7% v 7.8%e; Employment Change 3M/3M: +80K v +55Ke
(IT) Italy Treasury reportedly requests parliament raise 2013 net debt ceiling to €98B from €80B currently
(PT) Portugal proposes new pension plan that calls for a 10% cut in pensions
(ES) Spain said to have no impending plans to offer a new 50 year bond, any offering would depend on the market and investor interest – financial press; A related article in the FT said that the decline in yields has led Spanish officials to test demand for a possible 50-yr bond; The FT suggested that an inflation-linked bond could also be considered.
France PM Ayrault: No plans for additional labor cost in new budget. Unemployment remains the priority for the govt
Swiss KOF Institute: raised its 2013 and 2014 GDP growth forecasts. 2013 GDP growth forecast was raised to to 1.6% from 1.3% and 2014 GDP growth forecasts to 1.9% from 1.7%
Portugal Deputy PM Portas: Govt argued for a 2014 deficit to GDP ratio of 4.5% vs. 4.0% proposed by the Troika
France : to lower its 2014 GDP growth forecast to +0.9% from +1.2% prior; maintain 2013 GDP at +0.1%
Italy business group Confindustria :raised Italy 2013 and 2013 GDP outlook. It noted that the economy was at a turning point but recovery from recession would be slow
Swiss President Maurer: Franc cap exit will be difficult
Catalonia President Mas: Catalonia cannot cut more without damaging welfare, on track to become independent state
(EU) ECB allotted $75M in 7-Day USD Liquidity Tender at fixed 0.59% vs. $0.0M prior (1st allomtment in 11 weeks)
(EU) ECB allotted $28M in 3-month USD Liquidity Tender at fixed 0.58% vs. $131M prior
(IT) Italy Debt Agency (Tesoro) sold total €11.5B vs. €11.5B indicated in 3-month and 12-month Bills
Sold €3.0B vs. €3.0B indicated in 3-month Flexible Bills; Avg Yield: 0.509% v 0.599% prior; Bid-to-cover: 2.29x v 1.81x prior
Sold €8.5B vs. €8.5B indicated in12-month Bills; Avg Yield: 1.34% v 1.053% prior; Bid-to-cover: 1.36x v 1.49x prior
(SE) Sweden sold total SEK15B in 3-month and 6-month Bills
(CH) Switzerland sold total CHF784.5M in 2021 and 2036 bonds
(RU) Russia sold RUB11.6B vs. RUB11.6B indicated in 2023 OFZ bonds; Yield: 7.61% vs. guidance of 7.63-7.68%
(DE) Germany sold €4.076B in new 2.0% 2023 Bunds; Avg Yield: 2.06% v 1.80% prior (highest since Oct 2011); Bid-to-cover: 1.29x v 1.33x prior
|German 10 Year||10/32||1.996|
|France 10 Year||12/32||2.587|
|Italy 10 Year||-1/32||4.531|
|Spain 10 Year||8/32||4.489|
|U.K. 10 Year||3/32||2.830|
|U.S. 10 Year||1/32||2.965|
-USA Economic Data
(US) DOE Crude: -220K v -1.5Me; Gasoline: +1.66M v -Me; Distillate: +2.59M v +500Ke
(US) July Wholesale Inventories M/M: 0.1% v 0.3%e; Wholesale Trade Sales M/M: 0.1% v 0.5%e
(US) MBA Mortgage Applications w/e Sept 6th: -13.5% v +1.3% prior
(MX) Mexico July Industrial Production M/M: -0.1% v +0.4%e; Y/Y: % v -0.8%e; Manufacturing Production Y/Y: % v +1.1%e
- With Apple down nearly 6% this morning, the Nasdaq and the S&P500 are lagging behind
I bumped my DAX short into the Close. I purchased some DIA at the opening and just sold those and bumped my DIA /SPY shorts.
|Swiss Franc (USD/CHF)||0.9322||-0.0027|
|Australia $ (AUD/USD)||0.9308||-0.0006|
|WSJ Dollar Index||73.92||-0.16|
|German 10 Year||10/32||1.996|
|France 10 Year||12/32||2.587|
|Italy 10 Year||-1/32||4.531|
|Spain 10 Year||8/32||4.489|
|U.K. 10 Year||3/32||2.830|
|U.S. 10 Year||1/32||2.967|
-Merkel Political Theater
Ha, she’s a Zionist Jew, and in on the NSA/GCHQ spying in Europe. As Bobby Fischer said many, many years ago if you wanted to find a USA spy operation, check the nearest USA embassy, so what the Germans did not listen to Fischer until today?.She has to pretend to be outraged over the spying for the EU/Rothschilds she’s been doing as her coalition is coming apart at the polls. Heck she was Stasi in East Germany. Once Stasi, always Stasi. Triangle girl.
The race was over the minute Ellison’s ship was assessed a 2 race penalty by the nearly all Brit judging team for cheating in a qualifier. Not only did Larry hire cheating Eurotrash, it turns out the Brits/Aussies he hired can’t sail either despite having a superior boat. A globalization fail by Larry. The current race total is 4 for New Zealand and -1 for Ellison’s British-Eurotrash Team. The dumb money was on Larry’s cast of Eurotrash clowns. What a disgrace Larry Ellison is with this fiasco of an America’s Cup.
-Interesting Case study of American Anglosaxon-masons
Another bad ‘Graham’.
Markets were whipsawed during POTUS Obama’s prime-time speech on Syria. Risk aversion was sparked during the speech by deeming the chemical attack a “national security” issue portending the possibility of a unilateral response by the US. Markets recovered rapidly however after Obama ordered a delay to the Congressional vote, which he would lose, allowing the US to work with Russia on its proposal for a diplomatic solution through surrender of chemical weapon stockpiles by Assad. The Speech drew wide spread criticism from both major parties. There was no shortage of inflammatory statements from England and Israel over the potential resolution of the Syrian Crisis by Obama and Putin. Russian President Vladimir Putin said that Syria’s chemical arms handover will only work if the US and its allies renounce the use of force against Damascus.
France followed Obama’s Syria address with a draft to the UN Security Council, giving Syria 15 days to declare its chemical arms program and allow UN inspectors into disclosed sites.
China state researcher: expects China economy to continue to rebound after Q3. China may issue plan for Shanghai Free Trade Zone this week. Deutsche Bank raises China Q3 GDP target to 7.9% from 7.7% prior; Q4 GDP to 8.0% from 7.8% prior. UBS raises China 2013 GDP target to 7.6% from 7.5% prior. Mainland China equity markets were near flat.Russia to invest $1B in rare earths production by 2018 to become less dependent on China.
Tokyo stocks edged higher for a third straight trading day Wednesday, with the Nikkei Stock Average ending the day up 1 point, or 0.01%, at 14,425, its highest closing level since Aug. 2.Following a speech by President Barack Obama, concerns eased that the U.S. would soon intervene in Syria militarily, spurring buying of exporters.The Nikkei average quickly lost steam toward the close on jitters about a short-term market overheating.A Bank of Japan board member said Wednesday that the central bank is very likely to meet its inflation goal in time, but he also warned that the nation’s economic recovery could falter if incomes fail to grow in tandem with prices.”There is a high possibility” of the BOJ achieving its 2% inflation target between October 2014 and March 2016, the latter half of its three-year projection period, Koji Ishida, formerly a commercial bank executive, said in speech to business leaders in the city of Aomori in northern Japan.The head of Japan Post Holdings Co. sought Tuesday to dispel speculation that it will sell massive amounts of Japanese government bonds to improve investment returns, saying that “we are not thinking at all of the idea of sharply reducing our holdings.”Japan Post is the single largest investor in JGBs, with units Japan Post Bank and Japan Post Insurance together holding roughly 200 trillion yen. There has been speculation that the group, which aims to go public in the spring of 2015, will try to boost profitability by shifting its investment focus from JGBs to riskier vehicles at a faster-than-expected pace.”Government bond holdings of 200 trillion yen are large enough to affect the creditworthiness of the debt itself,” President Taizou Nishimuro said in a speech in Tokyo. He insisted that Japan Post will maintain its investment policy of holding the bulk of JGBs through maturity. “We’re not thinking of aggressively selling or buying them for the sake of our company’s profit,” Nishimuro said.Prime Minister Shinzo Abe held telephone talks Tuesday with Russian President Vladimir Putin, expressing his support for Moscow’s proposal to address the suspected use of chemical weapons in Syria, a senior Japanese official said today. Prime Minister Shinzo Abe instructed his Cabinet ministers on Tuesday to draw up a national security strategy to respond to the severe security environment around Japan. Japn would welcome South Korea joining the Trans-Pacific Partnership free trade negotiations if Seoul meets the qualifications to participate, TPP minister Akira Amari said.
South Korea Fin Min Hyun: Govt to lower spending by cutting some of the more “showy” projects; To continue to boost spending in job growth and investment.North, South Korea to reopen Kaesong industrial zone on Monday Sept 1.
Robust print in Australia consumer confidence from Westpac follows impressive NAB business confidence print overnight. Australia’s MP Bill Shorten to contest Labor Party leadership after Rudd-Gillard infighting political melt down and recent loss to opposition party. New Zealand Institute of Economic Research (NZIER) Shadow Board again shows a narrow margin in favor of RBNZ to keep rates unchanged tomorrow; Next best option now seen as a hike.
(AU) AUSTRALIA SEPT WESTPAC CONSUMER CONFIDENCE: 4.7% V 3.5% PRIOR (3-month high); INDEX: 110.6 V 105.7 PRIOR
(JP) JAPAN Q3 BSI LARGE ALL INDUSTRY Q/Q: 12.0 V 5.9 PRIOR; BSI LARGE MANUFACTURING: 15.2 V 5.0 PRIOR (4-yr high)
(JP) Japan July Conference Board Leading Economic Index: 98.0, flat m/m
-(JP) JAPAN AUG DOMESTIC CGPI M/M: 0.3% V 0.4%E; Y/Y: 2.4% V 2.4%E (2-year high)
(KR) SOUTH KOREA AUG BANK LENDING TO HOUSEHOLD (KRW): 471.8T (record) V 470.0T PRIOR
(KR) SOUTH KOREA JUL MONEY SUPPLY L M/M: 0.5% V 0.3% PRIOR; M2 M/M: 0.4% V 0.6% PRIOR
(KR) SOUTH KOREA AUG UNEMPLOYMENT RATE: 3.1% V 3.2%E
(KR) SOUTH KOREA AUG EXPORT PRICE INDEX M/M: -0.7% V -0.9% PRIOR; Y/Y: -2.2% V -1.6% PRIOR; IMPORT PRICE INDEX M/M: +0.7% V -0.8% PRIOR; Y/Y: -5.3% V -4.3% PRIOR
|Get index data by Email|
|Japan: Nikkei 225||14425.07||1.71||0.01%|
|S&P BSE Sensex||19888.27||-108.83||-0.54%|
|UK: FTSE 100||6577.17||-6.82||-0.10%|
|Australia $ (AUD/USD)||0.9290||-0.0023|
|S. Korean Won (USD/KRW)||1086.85||1.01|
|Chinese Yuan (USD/CNY)||6.1183||-0.0023|
|WSJ Dollar Index||74.13||0.05|
|Australia 10 Year||-11/32||4.183|
|China 10 Year||0/32||4.130|
|India 10 Year||6/32||8.454|
|Japan 10 Year||1/32||0.734|
|German 10 Year||1/32||2.027|
|U.S. 10 Year||4/32||2.953|
GLD: Goldman Sachs: Start of Fed tapering to be the catalyst for lower gold prices
SLV: iShares Silver Trust ETF daily holdings rise to 10,563 tonnes from 10,534
(US) API PETROLEUM INVENTORIES: CRUDE: -2.93M v -1.5Me (2nd consecutive draw); GASOLINE: +195K v -1Me
APPL: confirmed NTT DoCoMo to get the iPhone, also according to China press sources China Unicom, China Telecom to begin selling new iPhones on Sept 25th.
GM: Confirms Canada govt sold shares following market close; -0.3% afterhours
IP: Announces $1.5B Share Repurchase Program (about 7% of market cap); Raises quarterly dividend 16.7% from $0.30/shr to $0.35/shr; +1.2% afterhours
RH: Reports Q2 $0.49 v $0.42e, R$382.1M v $375Me; raises outlook; -4.3% afterhours
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Downplays Disarmament Deal But Says Will Work With UN
After carving out four distinct positions yesterday on the Syrian chemical weapons disarmament deal, President Obama appeared to backtrack to number 3 today during his primetime address, making it very much an afterthought in a speech that appeared to mostly go back to last week’s arguments for attacking Syria.
Though mentioned as something to be pursued at the UN, the chemical weapons deal was only mentioned some 10 minutes into the brief speech, after reiterating his case for war and promising “no boots on the ground.”
The lack of new arguments is conspicuous, particularly with President Obama promising that after tonight’s speech Americans would “want to attack Syria,” and then rehashing arguments that have an overwhelming majority of Americans opposed to the war.
The president capped off the speech by claiming that he is now supporting a Congressional delay of the votes authorizing the war, though of course those delays already came simply because he didn’t have the votes.
*Putin’s deal with Syria and Iran
*Israeli FM Lieberman says Israel ‘must go it alone’ against Iran after USA hesitation on Syria
Likely his pals in the Mossad are planning the mother of all false flags, along the lines of 911 to force the USA into an attack on Iran. With Allies like England and Israel the USA needs no enemies.
*Crazy Shelly Adelson said America must Attack Syria as Jews get queasy when someone mentions gas…
More holocaust propaganda.
*Released Italian Journalist says Rebels are greedy and evil
-Piece of Human Excrement David Cameron working like Mad to re-engineer war in Syria..
Going to ‘lawyer’ the agreement so they can attack without Congressional approval through the UN.
-English Fairies at MI6 going ballistic over Putin’s humiliation of Queer British-Israelite Royals
This Sir Max Hastings is one evil fairy. I’m so sick of this pink Oxbridge Harvard/Yale Anglo-Zionist cult destroying the world. This ‘cult’ is so in your face, I don’t see how people can miss it.
No thanks Max. No to your hatred of Germans, and Russians. No to Sodomy and pink shirts and pansies. No to your denigration of nationalists like Putin.
Why do all these English Royals look, so so Jewish and why are they so fanatic about ‘getting Putin’, and why do they love war and others dying and paying for it for them? Why are they so fanatical about the Apartheid/Terrorist State of Israel and England? Why do they hate Christian/Hetrosexual Americans so much? Stick around we answer all these questions and more about the Royals of the world afflicting us with their madness and hate and war.
Here’s to a KH55 up your arse Max, and lets hope its ‘hot’ like you Oxbridge boys like.