The CME resumes trading on US futures, Treasuries, oil and
gold after a four-hour outage. Technical issues are blamed for the trouble in electronic
trading overnight. The technical glitches and flash crashes in global markets occur
on a regular basis creating concern that a larger and more prolonged shutdown
may occur at some point in the future. Any market concern including geopolitics
plays a back seat to the stock market optimism generated by central banker
money printing.
The yen weakens and the dollar basket strengthens sending
the dollar/yen currency pair above 102.20. The w
[Text is Redacted: Purchase August 2014-08 to Read the Complete Chronology]
00 people have lost their lives falling out of the sky in the last 170 days. Make sure your life insurance is paid up if you travel via air since over four folks are dying per day on the planet due to airplane accidents. At least the deaths are nowhere near the very bad aviation years where between 1900 and 2500 deaths occurred per year in 1972, 1973, 1974 and 1985; although this year is not over yet.
[Text is Redacted: Purchase August 2014-08 to Read the Complete Chronology]
00 people have lost their lives falling out of the sky in the last 170 days. Make sure your life insurance is paid up if you travel via air since over four folks are dying per day on the planet due to airplane accidents. At least the deaths are nowhere near the very bad aviation years where between 1900 and 2500 deaths occurred per year in 1972, 1973, 1974 and 1985; although this year is not over yet.
Egypt and the UAE act independently conducting air strikes
on Libya targets. This is embarrassing for the Whitehouse since previously Middle
East countries would never think of such actions without first informing the
US. Middle East countries do not take President Obama seriously so they ignore
him. Oil jumps higher in price and always reacts to Libyan news. WTIC oil moves
above 93.50. Brent oil leaps to 102.70.
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