More News, Rumors and Opinions Friday Afternoon 8-4-2023
TNT:
CandyKisses: Baghdad - NAS Oil Price published a report on the gas deal between Iraq and Iran, saying that it destroyed Washington
Baghdad - NAS
Oil Price published a report on the gas deal between Iraq and Iran, saying that it destroyed Washington's dreams and interests in Iraq.
"Although the United States spent hundreds of billions of dollars in Iraq to get Baghdad to abandon trade relations with Tehran, the Baghdad government was able to escape Washington's control thanks to the oil-for-gas deal between Iraq and Iran," says the report (August 4, 2023).
According to the report, "the United States has repeatedly tried to force Iraq to cancel the gas import contract with Iran, but the new agreement between Baghdad and Tehran that Iraq would give oil to Tehran in exchange for gas was toxic news for Washington, and thus lost American control over Iraq."
On July 11, Iraq and Iran signed an agreement to supply Baghdad with oil to Tehran in exchange for gas for power plants in Iraq.
CandyKisses: Dollar Falls Before U.S. Jobs Data
Economy News - Baghdad
The dollar fell from a four-week high against its major peers on Friday as investors await the jobs report that could affect the course of U.S. interest rate movement.
The pound rose slightly after recouping losses following the Bank of England's decision to raise interest rates by a quarter of a percentage point on Thursday.
The yen hovered near its average trading range this week as investors tried to gauge the Bank of Japan's acceptance of higher yields following a surprise policy adjustment last week.
Meanwhile, the risk-sensitive Australian dollar rose as Chinese stock markets and U.S. stock futures rebounded.
The dollar index, which measures the greenback's performance against six major currencies, fell 0.07 percent to 102.38 in early Asian trade. On Thursday, the index hit its highest level since July 102 at 84.<> but later lost momentum as the monthly nonfarm payrolls report approached Friday.
But the dollar rose to 142.64 yen, boosted by a rise in long-term U.S. Treasury yields to a near nine-month high of 4.198 percent overnight.
Sterling rose 0.17 percent to $1.27305 after falling to $1.2620 on Thursday for the first time since June 30 following the Bank of England's decision, despite warning that interest rates were likely to remain high for a while.
The euro rose 0.06 percent to $1.09585.
The Australian dollar rose 0.5 percent to $0.65815, continuing the recovery after hitting a two-month low on Thursday.
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CandyKisses: Weather: The heat will continue in the coming days and half the boiling point in Basra
Baghdad / Nina / The Meteorological Authority announced on Friday the weather in the country for the coming days, expecting a rise in temperatures.
A statement by the authority said: "The country's weather for tomorrow, Saturday, will be clear in the central and northern regions, while the weather in the southern region will be hot and clear, and temperatures are close to the previous day throughout the country," noting that "the maximum temperatures will be in Baghdad, Babylon, Kirkuk and Anbar 46, Maysan 49, and Basra 50."
The statement added that "Sunday's weather will be clear and hot in all regions of the country, and temperatures will be close to the previous day in all parts of the country. It is expected that Monday's weather will be clear and hot in the central and southern regions, and clear with some clouds in the northern region, and temperatures are close to the previous day in all regions of the country.
And about the weather next Tuesday, 1The statement stated that it will be clear and hot in the central and southern regions, and the weather will be clear with some clouds in the northern region, and temperatures will be close to the previous day in the central and southern regions, while temperatures will rise in the northern region.
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Courtesy of Dinar Guru
Frank26 What is Article 304? To protect the dinar... Since when do you protect toilet paper? Since when do you protect used toilet paper that's already been flushed down the toilet? Never. You're going to release 304 right now? What for? Have you done it the years before? No. Have you done it decades before? No...Sudani is arresting people left and right, backwards and forwards, up and down...because he's not messing around anymore with those that are delaying the monetary reform.
Militia Man Support the dinar, that's the focus and the demand to diminish with the dollar. We can see they're moving to that end. We all know the central bank law says it's illegal to the dollar. The IMF Article VIII compliance requires the dollar to disappear when it comes to goods and services within the country...Bottom line is there's not going to be a need for that parallel market anymore...
Nader from the mid east peril market explanation IQD exchange bank and offices are expensive
Nader: 8-4-2023
BE READY! A Loss Of "CON-FIDENCE" In The Market Could Lead To A SEVERE SELLOFF.
Greg Mannarino: 8-4-2023