Goldilocks' Comments and Global Economic News for September 22nd
Goldilocks' Comments and Global Economic News for September 22nd
Good afternoon Dinar Recaps,
"FIX’s new workflow and messaging standards will drive significant improvements to post-trade operational inefficiencies by closing the existing communication gap and enabling near real-time updates on securities settlement status for end clients."
The SEC has given the FedNow messaging service to a company same-day trades the green light to move forward.
Over 70 countries including the US are already utilizing the ISO20022 messaging system. The FedNow System is the payment system for the United States. The FedNow service is currently optional for the bank system to utilize in the US.
Both messaging systems will be allowed for Cross Border International Trading. These messaging services help in clarifying trades, especially in the foreign currency markets of Forex.
The entities currently using ISO20022 are the following: Austria, NACHA/IFX Forum, Canada, Netherlands, China, nexo standards, Denmark, Singapore, Finland, South Africa, France, Sweden, Germany, SWIFT, Japan, Switzerland, Korea, United States, MasterCard, and VISA.
© Goldilocks
Global Custodian Link
https://www.iso20022.org/cards-seg-member-list
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"Beginning October 1, European Union importers will be required to report on the amount of carbon emissions embedded in their products. Beginning in January 2026, they will have to begin paying for that carbon."
This program is intended to reduce carbon emissions and move countries and people over to electronic vehicles. If you choose to keep carbon-emission fossil fuel vehicles, it will have a cost.
© Goldilocks
247 Wall St Link 1
247 Wall St Link 2
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When two countries peg their currencies together, it increases confidence, promotes trade volumes, and it boosts the economy.
This is exactly what the United States and Iraq are currently discussing. Money flow between these two countries will increase demand and value for one another's currencies.
© Goldilocks .
WordPress Link
Investopedia Link
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Hedge fund demand for US Treasuries seen rising amid higher bond supply
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Asset servicing latest news | DTCC releases a new T+1 scorecard for CTM community
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Beyond the Hype: What Will Happen to Ripple (XRP) Price on September 29th?
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Cross-Border Payment Service Market 2023 Trends with Analysis on Key Players Western, Union, Paypal, Google, Checout, Worldpay, Ecopayz, Skill, MoneyGram, Gspay, Paysafecard, Payoneer, Eway, Paymate
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Are you noticing all of these Quantum Technologies joining together their digital networks?
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Demand for Existing Homes Falters Further. Price Cuts, Days on Market, New Listings Rise. Prices Languish below 2022 Peak
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I have spoken about this before in this room, but I want to share with you the concept one more time.
When you see gold and the dollar decouple from one another and begin rising in value together, it will be because of uncontrollable inflation.
There will be a point of which the dollar will be unaffordable for trade. At that time, the movement into a monetary system backed by real values supported by gold will come into play.
Watch the water.
© Goldilocks
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