AT Parnerships With Omega – Market News: Oil Price Drops

From AT Partnerships with Omega

 

Great Britain and the Euro zone fundamental news reports out yesterday can only be described as atrocious. The German ZEW (Consumer Confidence) result (-3.8 points) wiped out any Monday Euro gains and now German growth forecasts have been cut. The Euro suffered appropriately. How many traders and investors bought the British Pound after the Scottish Independence vote was decided, thinking, wow, now the Pound will really strengthen? Great Britain’s inflation data missed expectations annihilating the Sterling currency by a whopping 200 pips against the US Dollar. Other currencies to get hit were the Swedish Krona and how about the Norway’s NOK. Norway’s economy has relied upon their tremendous Oil reserves but as prices in Oil have declined it has placed Norway in GDP trouble, as the Krona has slid in value over the past 6 months which relates directly to when the price of Oil started dropping.

According to AT Partnerships, both the New Zealand Kiwi and the Aussie Dollar did not fare well yesterday and gave up all Monday gains. The general theme with the Aussie is that it is still overvalued and with an investing “risk off” environment, further weakness is to be expected, also, the RBA not too concerned as a weak Dollar is good for exports.

The Canadian Dollar, the CAD, is also a commodity currency with huge developing Oil reserves (Alberta – tar sands) which cost a lot more money to extract and separate the Oil from the sand than standard drilling. Now with Oil dropping so much in price, it puts many companies in jeopardy as their profit margin dwindles. July 01 was the day the CAD started it spiral down against the US Dollar losing a value of 7 dollars over the next four months. Other OIL shale companies, especially in the US, will start feeling the fear as another 3 Dollar OIL price drop yesterday will intensify debate around oil Company board meetings no doubt!

So when it looked like the mighty US Dollar was showing some cracks, it has quickly and efficiently silenced any doom-sayers, so far this week anyway. The Dollar was stronger against most all currencies yesterday and upon Asian open is not slowing down.

September and October have really increased the importance of news releases and its affect on price surges and volatility. This is not a surprise to investors as seasonality plays a large part in their strategies. Today will be no exception, as ECB’s Draghi speaks, unemployment changes out of Great Britain, retail and Inflation data from the United States will all surely rock the currency markets to and fro.

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Omega Investment News At Partnerships with Omega

French PM Resigns & Canadian Dollar Gains
By AT Partnerships | Posted 28 Aug 2014
Hello Members,

Please Note: Our New Traders have yielded 7.2% for the month of August 2014. They may not trade for the remainder of the month.

European Central Bank President, Mario Draghi, is quite a showman, he is juggling so many factors of the European economy such as deflation, debt, bankruptcies of banks, plus some countries now blaming other countries for their own financial woes.

The latest debacle was the French Prime Minister’s resignation and then throwing verbal grenades at Germany for their austerity programs (reducing budget deficits) affecting the French economy. This is huge news and puts Germany under pressure but as Germany says, “What, and President Hollande’s extreme socialist policies have no effect on French economics?” This puts extra strain on the Euro currency and the viability of maintaining a 16 country connection to it. The Euro was heading lower yesterday and hit 1.3152 US but had a nice bounce on comments coming out of Germany about fiscal policies over a delayed stimulus package by Draghi. No one heard a ‘Thank You’ coming out of France.

The markets were flat and listless in light trading volumes due mostly to investor’s ongoing geopolitical concerns in Ukraine (new Russian offensive) and Gaza. The S&P has had a good month, up 3.6 %. European shares were steady.

The Canadian Dollar stole the currency show for Wednesday gaining against all major currencies. Today has important German data coming out on CPI, inflation news that can have an effect on the Euro and later from the States, Gross Domestic Products news along with Unemployment figures, all red tag events.

Kind Regards,

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AT Partnerships With Omega

Euro Stabilizes & AUD Has a Terrible Week

By AT Partnerships | Posted 15 Sep 2014

Hello Members,

The Australian dollar had an absolutely terrible week, falling four days in a row against the US dollar, Euro and NZ Dollar. Some weak Chinese data also helped keep the Aussie down. The Aussie has gapped down upon the Asian open. The US Dollar overall had some mixed results but retained its strength for the most part. So the weakest currencies across the board were the Aussie, NZL and the Yen as the Euro stabilized with some comments from Draghi; that they are ready to take further action to push ahead for structural reforms for investment and growth. The Euro actually finished higher against the Dollar on Friday and gapped slightly up upon this week’s opening.

This week traders will be focused on Wednesday’s Fed meeting as it will announce its latest Monetary Policy. If the Fed changes any wordings regarding interest rates or tapering, the market could sell off and get ugly. Thursday has the monumental referendum voting day for Scottish Independence. A yes vote would send financial shockwaves around the world and decimate the GBP. The gap between “YES” and “NO” vote has narrowed over the weekend and as of this moment is too close to call. Now the Queen is getting involved with her “two bobs” worth of sentiment, saying that Scotland should think very clearly about the negatives of a separation.

Stock markets were generally down last week as the Dow and S&P showed slight losses. There were no major sell-offs but just concern over what the Fed will be saying this Wednesday. In Europe, the Dax has been on fire for the month of September but on Friday it also had a down day but again no major selling was involved. Europe has only one major announcement coming out this week on Tuesday, the German ZEW Economic Sentiment, a survey of 275 German Investors and analysts relating to a 6 month economic outlook for Germany. This can really affect the sensitive Euro.

Many Central Bankers from around the world are meeting in Cairns Australia this week. Mark Carney of the Bank of England made it perfectly clear he will be back home in time for the Scottish vote. The latest information has 23% Scottish voters still undecided which is surprisingly quite a high number.

Geopolitically, things are ramping up in the Middle East again as now there are many Arab nations offering to join the US in bombing the militants in Iraq after US Secretary of State, John Kerry, wrapped up meetings in Saudi Arabia this weekend. Reports coming out today have ISIS (ISIL) wanting to ultimately gain control of the important Suez Canal, something Egypt and others would not allow. Interesting times ahead this week that can affect currency and Stock Markets, Gold, all in the instant of a News Flash.

Kind Regards,

AT Partnerships With The Team

 

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Westminster Councils Partnerships in Parking news

Westminster Councils Partnerships in Parking news
PiP was the brain child of second in command at Westminster Council Alastair Gilchrist and Councillor Danny Chalkley.

PiP asked other Local Authorities to join PiP them use Verrus, again without any need to tender. So what of the other Pay-by-phone companies in the UK and Europe, they wouldn’t get a look in until at least 2015. This is in clear violation of EU directives, hence the EU complaint, it’s also monopalistic and anti competition hence the Office of Fair Trade investigation who are also having a hard look at PiP.

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British Council: RM7million for UK-Malaysian Education Partnerships (RTM1 News 8 September 2008)

British Council: RM7million for UK-Malaysian Education Partnerships (RTM1 News 8 September 2008)
The British Council, the British High Commission and the Ministry for Higher Education celebrated Malaysia’s success in securing RM 7 million in funding for collaborative projects between Malaysia and UK higher education institutions under the UK’s Prime Minister’s Initiative for international education (PMI2) Connect scheme.

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Ultra violent game Hatred causes controversy and Bread simulator announced – News Flash

Ultra violent game Hatred causes controversy and Bread simulator announced – News Flash
Epic is disgusted by an upcoming controversial game called Hatred and we also have news about a … bread simulator? All that and much more in your Monday news flash!

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PayPal Announces BitPay, Coinbase, and GoCoin Partnerships

PayPal Announces BitPay, Coinbase, and GoCoin Partnerships
Earlier this month, PayPal revealed that businesses working with its Braintree division would be able to accept Bitcoin.

Today, the news got even more interesting with the announcement that PayPal has entered into agreements with Bitcoin payment processors BitPay, Coinbase, and GoCoin. These agreements will allow digital goods merchants to accept Bitcoin through the PayPal Payments Hub.

“Today we are announcing PayPal’s next step in helping merchants accept Bitcoin payments. PayPal has entered into agreements with leading Bitcoin payment processors BitPay, Coinbase and GoCoin.”

For now, Bitcoin will be restricted to digital goods merchants. But the blog post, authored by PayPal’s senior director of corporate strategy, Scott Ellison, went on to hint that full integration across all platforms might be just around the corner.

“Our approach to Bitcoin is no different. That’s why we’re proceeding gradually, supporting Bitcoin in some ways today and holding off on other ways until we see how things develop.”

The multiple partnership news has led to a spike in the price of Bitcoin, which is up nearly 10% since Ellison’s afternoon announcement.

Bitcoin is a software-based online payment system described by Satoshi Nakamoto in 2008 and introduced as open-source software in 2009. Payments are recorded in a public ledger using its own unit of account, which is also called bitcoin.

Nakamoto disappeared in late 2009 with over 1 million bitcoins that he had mined while maintaining the lion’s share of the network hashrate.

Full Story: http://altcoinpress.com/2014/09/paypal-announces-bitpay-coinbase-and-gocoin-partnerships/

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Sector Partnerships | GP7A News & Business

Sector Partnerships | GP7A News & Business
Sector Partnerships | GP7A News & Business: Marcus Giavanni http://marcusgiavanniforgovernor.com candidate for Governor of Colorado. has talked with many Voters. They are all confused of who says, what, and to whom. And seeing organizations like Free and Equal (not United Nations Free and Equal), claim to be the soap box for all candidates, even Write-in, until someone like Bob beauprez complained.

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The Internet is a Tyrannical Beast… it feeds on the emotions and habits of Humans…Google Search It!

Especially when there are others trying to tell the same story …you’re telling?

It’s all about… Expert Authority and… Social Media Global Optimization to which I developed my very own Social Optimization Plat form.

There is an art to everything on the internet …use it wisely!

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News 12: Private-Public partnerships discussed at Tapan Zee funding meeting

News 12: Private-Public partnerships discussed at Tapan Zee funding meeting
(09/21/12) WESTCHESTER – State Sen. Greg Ball hosted a roundtable discussion today focusing on how public-private partnerships can help fund projects such as a future mass transit component on the new Tapan Zee Bridge span.

The meeting held at the Mount Kisco Library was designed to outline why partnerships called ‘P3s’ may be the answer to the growing problem of how to fund a future mass transit component on the new bridge. The cost of the new span is now just over billion. Estimates triple when including a mass transit option.

Sources in the Cuomo administration tell News 12 the governor did pass P3 legislation last year and that the administration is creating a mass transit task force with local community leaders to handle the transit issue.

Ball says he’s working with Assembly leaders in Albany to move forward with P3 legislation next year.

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