Economics, Goldilocks, News DINARRECAPS8 Economics, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Thursday Evening 10-26-23

Goldilocks' Comments and Global Economic News Thursday Evening 10-26-23

Good evening Dinar Recaps,

China is dumping U.S. Treasuries to buy gold - FX Empire's Zernov
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The European Payments Council has postponed the migration of Sepa payment schemes to the 2019 version of ISO 20022 by four months, to March, after concluding that "at least two large Sepa countries" couldn't be guaranteed to make the original November deadline. Therefore, while being "fully aware of the implications of this decision," a new migration date has been set for 17 March 2024.

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Economics, Goldilocks, News DINARRECAPS8 Economics, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Wednesday Evening 10-25-23

Goldilocks' Comments and Global Economic News Wednesday Evening 10-25-23

Good evening Dinar Recaps,

Bank Announcement:   World Bank issues first English Law DNN

The first Digitally Native Note (DNN) has been issued under English Law via Euroclear’s Digital Financial Market Infrastructure (D-FMI). This marks the launch of Euroclear’s digital ledger technology (DLT)-powered Digital Securities Issuance (D-SI) service.

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Economics, Goldilocks DINARRECAPS8 Economics, Goldilocks DINARRECAPS8

Goldilocks' Comments and Global Economic News Monday Evening 10-23-23

Goldilocks' Comments and Global Economic News Monday Evening 10-23-23

 

Good evening Dinar Recaps,

"The majority of cross-border payments are currently carried out via telegraphic transfers supported by SWIFT’s network of correspondent banks. These transfers are often criticized for being slow and expensive. A transfer can take several days to complete, while the World Bank estimates the average cost of a transaction to be about 6% of the transfer value."

We are currently at T+ 1 settlements and moving towards T+ 0 settlements. In other words, we are very close to seeing instant payments on cross-border international trading transactions.

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Economics, Goldilocks, News DINARRECAPS8 Economics, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Monday AM 10-23-23

Goldilocks' Comments and Global Economic News Monday AM 10-23-23

Good morning Dinar Recaps,

Auto loan delinquencies among Americans have reached their highest level in 30 years That's a clear sign of malaise at a time when the economy is sending mixed signals, particularly about the state of consumer spending

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The move to T+1 securities settlement was a hot topic at @Sibos 2023. With the clock ticking towards reduced timelines for processing in the US and Canada, Jonathan Ehrenfeld Solé, Head of Securities Strategy at @Swift and Sam Riley, CEO of @Clearstream Securities Services sat down with Sibos TV to explain how better automation and initiatives like the unique transaction identifier can ease this transition.

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Goldilocks, News Dinar Recaps Goldilocks, News Dinar Recaps

Goldilocks' Comments and Global Economic News for the evening of October 21st

Good evening Dinar Recaps,

Look for the Feds to continue tightening through raising of interest rates until the markets go to a real value.
This will send us into a liquidity crisis based upon a quadrillion-dollar derivatives deficit.

At this point, we will have real numbers to work with in moving forward with a reset in our economy.

© Goldilocks

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Economics, Goldilocks, News DINARRECAPS8 Economics, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Saturday AM 10-21-23

Goldilocks' Comments and Global Economic News Saturday AM 10-21-23

Good morning Dinar Recaps,

Stocks fell yesterday as investors stayed spooked by high bond yields, rising oil prices, and concerns about the Fed’s next move. American Express dropped despite reporting record profits for last quarter because the growth of spending on its cards by businesses has slowed.  

© The Morning Brew

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Economics, Goldilocks, News DINARRECAPS8 Economics, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Friday Afternoon 10-20-23

Goldilocks' Comments and Global Economic News Friday Afternoon 10-20-23

Good evening Dinar Recaps,

Here we go.

We talked of the next steps about a week ago in this room. How the war between Israel and Hamas would affect the supply chains of those who support these countries.


Maria Fernanda Garza shared in a recent interview said that our "Global value chain" has already been hit by the Ukrainian war and COVID-19. And now, we are dealing with another war in Israel.

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