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.

LinkedIn AT Partnerships

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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,

The  Team providing you with retirement income in Australia – a brighter future, no hassle, no scam.

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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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Jay Z Petitioned To End Barneys Partnership Amid Racial Profiling Controversy

Jay Z Petitioned To End Barneys Partnership Amid Racial Profiling Controversy

https://www.change.org/petitions/shawn-carter-aka-jay-z-end-all-partnerships-with-barneys-new-york

Jay Z’s got 99 problems and his deal with Barneys may be the biggest one.
The Brooklyn-born rapper inked a contract that’s likely worth millions to design a line of exclusive products for Barneys that will be available next month. The contract also calls for the 43-year-old mogul to decorate one of the store’s celebrated Christmas windows.
The deal was struck before the Daily News revealed this week that two black shoppers accused Barneys and the NYPD of racially profiling them as they legitimately purchased expensive items in separate incidents at the flagship store on Madison Ave.

Read more: http://www.nydailynews.com/new-york/jay-z-deal-barneys-features-33-9g-watch-article-1.1496151#ixzz2iri8gkVW

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#ForceOfBlack takes on the flat white | adidas Rugby

#ForceOfBlack takes on the flat white | adidas Rugby
The #ForceOfBlack has rolled into South Africa and the first job at hand is to dish out some coffee to the fans.

For the latest news on adidas Rugby visit: http://a.did.as/QwLTRw

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adidas is proud partners of the national teams of New Zealand, France and Italy. Its club roster includes Super 15 teams The Blues, Chiefs, Hurricanes, Crusaders, Highlanders, and Stormers. Its European partnerships include Munster and Stade Francais. adidas also partners with the Kobelco Steelers and Suntory Sungoliath from Japan.

adidas’ individual sponsorship include players from around the world including All Blacks Richie McCaw, Dan Carter, Ma’a Nonu, Israel Dagg, and Tony Woodcock. Ben Youngs, Courtney Lawes, Jonny Wilkinson and Danny Cipriani of England; Argentina’s Felipe Contemponi, and Australia’s Will Genia and Matt Giteau; France’s Morgan Parra, Lionel Beauxis and Wesley Fofana; Bryan Habana, Ruan Pienaar, Pierre Spies and Pat Lambie of South Africa; Italians Martin Castrogiovanni, Sergio Parisse, and brothers Mauro & Mirco Bergamasco, Welsh internationals Sam Warburton and Leigh Halfpenny, Scotland’s Richie Gray, and Ireland’s, Brian O’Driscoll, Ronan O’Gara and Paul O’Connell.

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Matt Coffin about startup partnerships

Matt Coffin about startup partnerships
Matt Coffin speaks with Jason Calacanis about startup partnerships in episode 27 of This Week in Startups http://thisweekinstartups.com/

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Widening Israel’s Strategic Partnerships

Widening Israel’s Strategic Partnerships
While America remains Israel’s strongest and most important ally, the Jewish state needs to explore widening its strategic partnerships to other countries in the Middle East and with the world’s emerging powers, Israel’s Deputy Prime Minister Dan Meridor tells The Media Line.

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Recent Results for PNG & eBay Coin Auction Partnerships

Recent Results for PNG & eBay Coin Auction Partnerships
Gene Cook, eBay General Manager, Emerging Verticals
Members of the Professional Numismatists Guild (PNG) and eBay have recently partnered to offer important coin collections for sale at auction on eBay. Results from these auctions including the sale of the one of the finest collections of Lincoln Cents were discussed at the Central States Numismatic Society (CSNS) Convention during a board meeting of the PNG. Upcoming auctions of interest to coin collectors were also announced.
More news and video about coin and paper money collecting at: http://coinweek.com

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Housing Partnerships and William & Mary Extreme House Build

Housing Partnerships and William & Mary Extreme House Build
Housing Partnerships (www.housingpartnerships.org) and the students at the College of William and Mary construct a house for an elderly woman currently living in a dilapidated trailer.
Donations accepted – www.housingpartnerships.org

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