No End in Sight For Global Coronavirus Outbreak and Stock ...

Pakistan's forex reserves slump 12% in just weeks amid coronavirus outbreak; As on March 27, forex reserves totalled $11.2 billion, down from $12.8 billion as on March 6

Pakistan's forex reserves slump 12% in just weeks amid coronavirus outbreak; As on March 27, forex reserves totalled $11.2 billion, down from $12.8 billion as on March 6 submitted by Agbul to Coronavirus [link] [comments]

http://twitter.com/forex_in_world/status/1275087054066667520EU Equities Fall on Risk of Second Wave Outbreak https://t.co/cMqryJ6jYt— FOREX IN WORLD (@forex_in_world) June 22, 2020

http://twitter.com/forex_in_world/status/1275087054066667520EU Equities Fall on Risk of Second Wave Outbreak https://t.co/cMqryJ6jYt— FOREX IN WORLD (@forex_in_world) June 22, 2020 submitted by Red-its to forextweet [link] [comments]

Pakistan's forex reserves slump 12% in just weeks amid coronavirus outbreak; As on March 27, forex reserves totalled $11.2 billion, down from $12.8 billion as on March 6

submitted by ShotHearing to worldnews [link] [comments]

Pakistan's forex reserves slump 12% in just weeks amid coronavirus outbreak; As on March 27, forex reserves totalled $11.2 billion, down from $12.8 billion as on March 6

Pakistan's forex reserves slump 12% in just weeks amid coronavirus outbreak; As on March 27, forex reserves totalled $11.2 billion, down from $12.8 billion as on March 6 submitted by Balkan4 to SouthAsia [link] [comments]

04-07 02:44 - 'Pakistan's forex reserves slump 12% in just weeks amid coronavirus outbreak; As on March 27, forex reserves totalled $11.2 billion, down from $12.8 billion as on March 6' (reuters.com) by /u/ShotHearing removed from /r/worldnews within 577-587min

Pakistan's forex reserves slump 12% in just weeks amid coronavirus outbreak; As on March 27, forex reserves totalled $11.2 billion, down from $12.8 billion as on March 6
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Reduce Output And Price, Now Is The End Of OPEC?

Reduce Output And Price, Now Is The End Of OPEC?

Photo: Internet
Since the outbreak of COVID-19 in 2020, the global economy has entered a recession, with gold soaring, stock markets tumbling, and oil prices plummeting.
Saudi Arabia cut pricing for oil sales to Asia and the U.S. for October shipments, and the reduction exceeded last month.
Global daily oil consumption (total liquid volume) broke the "100 million barrels" mark for the first time in 2019, reaching 10.96 million barrels. It means the global daily consumption is more than 100 million barrels, and the annual consumption is more than 5 billion tons.
Since the outbreak of COVID-19, fuel demand has decreased significantly, while global oil supply has continued to increase.
Global oil consumption has decreased by nearly a quarter due to COVID-19. The global daily oil consumption level in the second quarter of this year was less than 77 million barrels, which is almost 20 years ago.
20th April saw WTI oil prices plunge from $17.85 to -$37.63, more than a 300% drop, the largest one day drop for U.S. crude in history.
The oil prices up and down in history, and various factors impact the oil prices. One of the most critical factors is OPEC.
The Birth of OPEC
The Organization of the Petroleum Exporting Countries (OPEC) is a permanent, intergovernmental Organization created at the Baghdad Conference on September 10–14, 1960, by Iran, Iraq, Kuwait, Saudi Arabia, Venezuela.
Before the OPEC, the Seven Sisters (E Anglo-Iranian Oil Company, Gulf Oil, Royal Dutch Shell, Chevron, ExxonMobil, Socony, Standard Oil Company of New York, and Texaco) controlled the world's oil markets.
In the 1950s, coal was the most critical fuel globally, but oil consumption increased rapidly, and demand continued to grow. In 1959, the United States' Seven Sisters lowered the price of oil produced in Venezuela and the Middle East by 10% to reduce the United States' price.
To counter the U.S. oil monopoly, OPEC was born.
OPEC's 13 members control approximately 30% of global oil supplies and 79.4% of proven reserves. OPEC member nations produce about 42% of the world's crude oil, and OPEC's oil exports account for roughly 60% of the total petroleum traded worldwide.

Photo: OPEC
Impact of OPEC on Oil Prices
Within the OPEC group, Saudi Arabia is the largest crude oil producer in the world and remains the most dominant member of OPEC, with each instance of a cut in oil production by them, resulting in a sharp rise in oil prices, and vice versa.
Additionally, the 'kingdom of Saud' is also the leading exporter of crude oil globally. Since 2000, all historical instances since the 1973 Arab oil embargo indicate that Saudi Arabia has maintained its upper hand in the oil market. It calls the shots in determining crude oil prices by controlling supply.
All major oil price fluctuations in recent history can be clearly attributed to production levels from Saudi Arabia, along with other OPEC nations.
Is it now the end of OPEC?
The success of shale oil and the plunge in oil prices in 2014 are signs that OPEC has declined.
Since 2014, U.S. shale oil has created a boom in domestic crude oil production. Shale oil comprises more than a third of the onshore production of crude oil in the lower 48 states. It drove U.S. oil output from 8.8 million barrels per day in 2014 to a record 12.2 million barrels a day in 2019.
As a result, the United States became the world's largest crude-oil producer.

Photo: EIA

Photo: EIA
Today the U.S., Saudi Arabia, and Russia rank among the top three in world oil production.

Photo: EIA

Photo: EIA

In November 2014, despite the appeals of other OPEC members to cut production, Saudi Arabia suddenly increased production sharply, trying to defeat U.S. shale oil companies through the competitive increase in OPEC member states. But American shale oil survived strongly by borrowing, and it became more efficient, and production costs were greatly reduced.
During this time, Saudi Arabia's economy is declining rapidly. Saudi Arabia had the highest government deficit in history-98 billion U.S. dollars, accounting for 15% of GDP in 2015.
In 2016, Saudi Arabia led OPEC and Russia to reach an OPEC+ production reduction agreement. Since then, oil prices have steadily rebounded. At the same time, Saudi Arabia has begun to consider taking advantage of high oil prices to list Saudi Aramco to ease domestic financial difficulties.
During this period, OPEC +'s reduction in production has rescued U.S. shale oil again. The production capacity of shale oil has increased sharply by 4 million barrels per day, surpassing Saudi Arabia, and Russia.
So far, the OPEC structure and cohesion continues to divide and elude.
On 8th March 2020, Saudi Arabia initiated a price war with Russia, facilitating a 65% quarterly fall in the price of oil. The price war was triggered by a break-up in dialogue between the Organization of the Petroleum Exporting Countries (OPEC) and Russia over proposed oil-production cuts in the midst of the COVID-19 pandemic. Russia walked out of the agreement, leading to the fall of the OPEC+ alliance.
While past oil shocks have been driven by either supply or demand, the price collapse of 2020 is highly unusual in oil market history: It results from a massive demand shock and a huge supply overhang at the same time.


https://preview.redd.it/2smucmlke1n51.png?width=686&format=png&auto=webp&s=63932270640be1913c8d41214418073a57b1646a

https://preview.redd.it/34m0nn3me1n51.png?width=686&format=png&auto=webp&s=6519e7614205955da1fe6b02437048ec461249dc
For more information please download “TOP 1 Markets” at APP store or google play.
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top1markets:
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top one:
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EUR/USD forecast: Euro doesn’t believe its luck

EUUSD forecast: Euro doesn’t believe its luck

Fundamental euro forecast for today

EUUSD bulls do not believe Christine Lagarde’s optimism

ECB is monitoring the euro exchange rate, but it is not willing to start a currency war now. Christine Lagarde expressed optimism about the euro-area economic recovery, the ECB president hasn’t signaled the further monetary easing in the near future. Lagarde’s speech should have encouraged the EUUSD bulls, but they didn’t believe the good news, so they didn’t go ahead. It looks like a catch. The ECB officials express concerns about the euro strengthening ahead of the Governing Council meeting, and, next, the ECB president sounds hawkish.
At the press conference, Christine Lagarde several times stressed that exchange rates and the euro appreciation were not the ECB policy target. However, the exchange rate was the most discussed topic at the Governing Council meeting in September. According to a Reuters source familiar with the matter, the ECB officials have agreed that the EUUSD rally resulted from a faster economic rebound in the euro area compared to the US growth, the Fed’s easy monetary policy, the increased confidence in the currency bloc due to the management of the pandemic fallout. Moreover, the upcoming presidential election in the US weighs on the US dollar. Bloomberg’s leading indicators signal that the GDP recovery is the fastest in Germany. After a temporary downturn in France, Italy, and Spain on concern about the second wave of the COVID-19 outbreak, the economic activity is gradually increasing. The UK, US, and Canada persistently lag behind.

Dynamics of the economic recovery


Source: Bloomberg
Four sources on the ECB's Governing Council told Reuters that the ECB acknowledges the negative effects of the euro's strength on inflation and growth, but the central bank is not willing to start a currency war. Speaking after the meeting, two sources said they saw $1.20 as not far from the equilibrium exchange rate at present. According to Citigroup, if the EUUSD is up by another 5%, the European Central Bank will take active measures. In the meanwhile, the regulator is carefully monitoring the exchange rates of the regional currency. The Governing Council policymakers at the meeting considered adopting the language used to stem the euro's previous rally, in early 2018, when the former ECB President Mario Draghi described "volatility in the exchange rate" as "a source of uncertainty", according to Reuters.
The Reuters sources say the southern countries of the eurozone are much more concerned about the euro strengthening than the northern ones. The Governing Council hawks wanted Lagarde to note the great progress in the euro-area economic recovery. François Villeroy de Galhau, the governor of the French central bank, insisted on this especially strongly.
So, the EUUSD bulls feared verbal interventions, signals of monetary easing, and the ECB willingness to follow the Fed’s example and target the average inflation. None of the fears came true. However, the euro hasn’t consolidated above $1.19. Are the buyers so weak? Or, they could feel a catch and will resume attacks after the ECB officials’ speeches. I suppose both scenarios should be considered. If the euro rises above $1.192, it will be relevant to buy. If it slides down below the support levels of $1.1795 and $1.1765, we should sell the euro versus the dollar.
For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts-opinions/eurusd-forecast-euro-doesnt-believe-its-luck/?uid=285861726&cid=62423
submitted by Maxvelgus to Finance_analytics [link] [comments]

Dollar drifts higher as coronavirus, China data sap confidence

This is the best tl;dr I could make, original reduced by 69%. (I'm a bot)
SINGAPORE - The dollar steadied on Friday as a jump in U.S. bond yields and a drag on sentiment from lacklustre Chinese economic data put the brakes on a selldown of the world's reserve currency.
The mood had the dollar within reach of snapping a seven-week losing streak against the risk-sensitive Aussie AUD=D3, which has settled around $0.7149 and is flat for the week.
The yen JPY= is on course for its weakest week against the dollar in two months and is down about 0.9% at 106.84 from last Friday's close.
The biggest loser has been the kiwi NZD=D3, which was pressured at $0.6538, as the country faces a fresh coronavirus outbreak and after the central bank this week flagged increased bond buying and again mentioned the prospect of negative rates.
Against a basket of currencies =USD the dollar remains 0.2% lower for the week, but it has appeared to arrest a slide that has it about 9.5% below its March peak.
The Reserve Bank of New Zealand sparked a bond rally this week by promising to extend its own purchases and, next week, speed them up as well.
Summary Source | FAQ | Feedback | Top keywords: week#1 dollar#2 new#3 Friday#4 U.S.#5
Post found in /Coronavirus, /Economics, /Coronavirus and /CoronavirusRecession.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
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Immediate Aftermath : The more data we collect and analyze, the clearer the picture becomes.

This is the updated first part of the list that has recorded the notable events as the world deals with the COVID-19 pandemic. [2nd Part] ― The LINKS to events and sources are placed throughout the timeline.
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The More Data We Collect and Analyze, the Clearer the Picture Becomes.
Someone threw a stone in a pond a long way away. And we're only just feeling the ripples. — Fukuhara from Giri/Haji, Netflix series
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On Jan 30, Italian PM announced that Italy had blocked all flights to and from China. While Italy has banned people from air-travelling to China, however according to IATA data, there's no measurement implemented for air-travellers from China into Italy till the Mar 07. Especially for Chinese people who have EU passports.
On Jan 31, the US announced the category-I travel restrictions, barring all foreigners who have been in China for the past 14 days, with measures including the refusal of visas and mandatory quarantine.
• "Because the US focused on China and didn't expect the infected people's entry from Europe and the Middle East, the Maginot Line was breached from behind. And so little of credible data at the beginning made the US government to miscalculate its strategic response to the virus." — Dr. Zhang Lun, currently a visiting scholar at Harvard (economics & sociology), during the interview with ICPC on Mar 29.
Also on Jan 31, the WHO changed its tune and declared the coronavirus outbreak a Global Public Health Emergency of international concern (PHEIC).
Decisions on a PHEIC always involve politics .... West African countries discouraged a declaration in 2014 after they were hit by the largest Ebola virus outbreak on record, mainly because of concern about the economic impact.
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On Feb 02, regarding the US category-I travel restrictions, Kamala Harris, the former Democratic presidential candidate, declared on Twitter:
Since 2017, Trump’s travel bans have never been rooted in national security—they’re about discriminating against people of color. They are, without a doubt, rooted in anti-immigrant, white supremacist ideologies. This travel ban is no different.
On Feb 03, criticizing Trump for his travel restrictions continues. Chinese foreign ministry spokeswoman Hua Chunying (华春莹), a Peking University professors James Liang (梁建章), New York Times, the Nation, OBSERVER, the Boston Globe, Yahoo, and Daily Kos were saying,
it's a "panicky" decision and "racist" or it's "cruel and callous," he's stoking fear for political gains, and the president is "inappropriately overreacting." And professors Liang even said the US ban "will hurt goodwill and cooperation [with China] in the future." [1] [2] [3] [4] [5] [6] [7] [8] [9]
Also on Feb 03, Mr. Tedros of the WHO said there's no need for travel ban measure that "unnecessarily interfere with international travel and trade" trying to halt the spread of the virus.
China's delegate took the floor ... and denounced measures by "some countries" that have denied entry to people holding passports issued in Hubei province - at the centre of the outbreak - and to deny visas and cancel flights.
Also on Feb 03, China is expected to gradually implement a larger stimulus packages (in total) than a USD $572 billion from 2008. — We'd never find out but my guess is that the fund will probably go to Shanghai clique.
On Feb 04, The FDA has given emergency authorization to a new test kit by the CDC that promises to help public health labs meet a potential surge in cases.
The speed ... pushing through a new diagnostic test shows just how seriously they’re taking the potentially pandemic threat of 2019-nCoV. It’s also a sign that the world is starting to learn how to deal with an onslaught of new pathogens.
Also on Feb 04, the Wuhan Institute of Virology and China's Academy of Military Medical Sciences (AMMS, Chief Chen Wei belongs to) have jointly applied to patent the use of Remdesivir. Scientists from both institutes said in a paper published in Nature’s Cell Research that they found both Remdesivir and Chloroquine to be an effective way to inhibit the coronavirus.
On Feb 06, Jamestown Foundation, a Washington-based research & analysis unit, noted that with State Council of PRC praising his performance of containing the pandemic situation, the council expanded Li Keqiang's political control over Politburo Standing Committee of CCP. (Li Keqiang = Communist Youth League = Shanghai clique)
Also, on Feb 06, as the US evacuation planes leave China, the wave of the US evacuees have arrived who are met by the CDC personnel at the quarantine sites for screening, and those who were suspected of infection will be placed under quarantine for 14 days.
Also, on Feb 06, a CDC-developed lab test kit to detect the new coronavirus began shipping to qualified US laboratories and international ones. — However, on Feb 12, the CDC said some of the testing kits have flaws and do not work properly. The CDC finally ended up shipping the working test kits for mass testings on Feb 27. This was three weeks later than originally planned.
On Feb 07, China National Petroleum has recently declared Force Majeure on gas imports. They are trying to create a breathing room for their foreign exchange reserves shortage. China's foreign exchange reserves fell to mere USD $3.1 trillion in Oct. 2019.
On the same day, Bloomberg reported that PetroChina has directed employees in 20 countries to buy N95 face masks and send them home in China. The goal is to get 2 million masks shipped back. You can also find YouTube videos that show Overseas Chinese are scouring the masks at the Home Depot to ship them to China (the video in Korean). Also Chris Smith is pissed.
On Feb 09, Trump renews his national emergency on its southern border, and Elizabeth Goitein from the Brennan Center for Justice, published an opinion article on New York Times titled "Trump Has Abused This Power. And He Will Again if He’s Not Stopped."
On Feb 10, Dr. Tedros said that an advance three-person team of the WHO arrived in Beijing for a joint mission to discuss with Chinese officials the agenda and questions. Then, the joint mission of about 10 international experts will soon follow, he said. — Those WHO experts ended up visiting Chinese epicentre for the first time on Feb 24.
On Feb 12, the US targets Russian oil company for helping Venezuela skirt sanctions. The US admin seemingly tried to secure leverage against Russia after noticing something suspicious was up.
On the same day, Trump told Reuters "I hope this outbreak or this event (for the US) may be over in something like April." — Dr. Zhong Nanshan (钟南山), China's top tier SARS-hero doctor, also said "the peak of the virus (for China) should come in mid to late February, followed by a plateau or decrease," adding that his forecast was based on on mathematical modelling and data from recent events and government action.
On Feb 13, Tom Frieden who is a former US CDC chief and currently the head of public health nonprofit Resolve to Save Lives, said:
As countries are trying to develop their own control strategies, they are looking for evidence of whether the situation in China is getting worse or better. [But] We still don't have very basic information. [since the WHO just entered China] We hope that information will be coming out.
On the same day, the CDC reports that the 15th case in the US was confirmed. The patient was a part of group who were under a federal quarantine order at the JBSA-Lackland base because of a recent trip to Hubei Province, China.
By Feb 13, China hasn't accepted the US CDC's offer to send top experts, and they haven't released the "disaggregated" data (specific figures broken out from the overall numbers) even though repeatedly been asked.
On Feb 14, CCP's United Front posted an article on its official website, saying (Eng. text by Google Translation):
Fast! There is no time difference to raise urgently needed materials! Some Overseas Chinese have used their professions in the field of medicine in order to purchase relevant materials Hubei province in short of supply (to send them to China). .... Some Overseas Chinese took advantage of the connection resources, opened green transportation channels through our embassies and consulates abroad, and their related enterprises, and quickly sent large quantities of medical supplies (to China), making this love relay link and cooperation seamless.
On Feb 18, Reuters reports that 3M is on the list of firms eligible for China loans to ease coronavirus crisis.
There is no indication from the list that loans offered will necessarily be sought, or that such firms are in any financial need. The Bank of Shanghai told Reuters it will lend 5.5 billion yuan ($786 million) to 57 firms on its list.
On Feb 21, Xi Jinping writes a thank-you letter to Bill Gates for his foundation’s support to China regarding COVID-19 outbreak.
On Feb 24, China was rumoured on Twitter to delay the phase one trade deal implementation indefinitely which includes the increase of China's purchasing American products & services by at least $200 billion over the next two years.
Also on Feb 24, S&P 500 Index started to drop. Opened with 3225.9 and closed 3128.2. By the Mar 23, it dropped to 2208.9.
Also on Feb 24, China's National Health Commission says the WHO experts have visited Wuhan city for the first time, the locked-down central Chinese city at the epicentre, inspecting two hospitals and a makeshift one at a sports centre.
On Feb 26, IF the picture that has been circulated on Twitter were real, then chief Chen Wei and her team have developed the first batch of COVID-19 vaccine within time frame of a month.
On the same day, the CDC's latest figures displays 59 people in the US who have tested positive for COVID-19.
Also on Feb 26, the Washington Post published an article that says:
.... the WHO said it has repeatedly asked Chinese officials for "disaggregated" data — meaning specific figures broken out from the overall numbers — that could shed light on hospital transmission and help assess the level of risk front-line workers face. "We received disaggregated information at intervals, though not details about health care workers," said Tarik Jasarevic of the WHO. — The comment, in an email on Feb 22 to the Post, was one of the first instances that the WHO had directly addressed shortcomings in China's reporting or handling of the coronavirus crisis.
On Feb 27, after missteps, the CDC says its test kit is ready and the US started to expand testing.
On Feb 28, China transferred more than 80,000 Uighurs to factories used by global brands such as Apple, Nike, & Volkswagen & among others.
Also on Feb 28, the WHO published the official report of the WHO-China joint mission on coronavirus disease 2019. (PDF)
On Feb 29, quoting Caixin media's investigation published on the same day, Lianhe Zaobao, the largest Singapore-based Chinese-language newspaper, published an article reporting the following:
Dr. Li Wenliang said in the interview with Caixin media; [in Dec 2019] another doctor (later turned out to be Dr. Ai Fen) examined and tried to treat a patient who exhibited SARS-like symptoms which akin to influenza resistant to conventional treatment methods. And "the family members who took care of her (the patient) that night also had a fever, and her other daughter also had a fever. This is obviously from person to person" Dr. Li said in the interview."
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On Mar 01, China's State Council super tighten up their already draconian internet law.
On the same day, Princelings published an propaganda called "A Battle Against Epidemic: China Combating COVID-19 in 2020" which compiles numerous state media accounts on the heroic leadership of Xi Jinping, the vital role of the Communist Party, and the superiority of the Chinese system in fighting the virus.
Starting on Mar 03, the US Fed has taken two significant measures to provide monetary stimulus. It's going to be no use as if a group of people with serious means are manipulating the markets to make sure MM will have liquidity concerns when they need it most.
On Mar 04, Xinhua News, China's official state-run press agency posted an article "Be bold: the world should thank China" which states that
If China retaliates against the US at this time, it will also announce strategic control over medical products, and ban exports of said products to the US. ... If China declares today that its drugs are for domestic use only, the US will fall into the hell of new coronavirus epidemic.
On Mar 05, Shanghai Index has recovered the coronavirus loss almost completely.
On Mar 07, Saudi's Ahmed bin Abdulaziz and Muhammad bin Nayef were arrested on the claims of plotting to overthrow King Salman. — Ahmed bin Abdulaziz is known to have very tight investment-interest relationship with Bill Gates, Bill Browder, Blackstone, & BlackRock: One common factor that connects these people is China.
On Mar 08, the Russia–Saudi oil price war has begun. The ostensible reason was simple: China, the biggest importer of oil from Saudi and Russia, was turning back tankers while claiming that the outbreak forced its economy to a standstill.
On Mar 10, the Washington Post published the article saying that the trade group for manufacturers of personal protective equipment urged in 2009 "immediate action" to restock the national stockpile including N95 masks, but it hasn't been replenished since.
On Mar 11, the gentleman at the WHO declares the coronavirus outbreak a "Global Pandemic." He called on governments to change the course of the outbreak by taking "urgent and aggressive action." This was a full twelve days after the organization published the official report regarding the situation in China.
On Mar 13, the US admin declared a National Emergency and announced the plan to release $50 billion in federal resources amid COVID-19.
Also on Mar 13, China's Ministry of Commerce states that China is now the best region for global investment hedging.
On Mar 15, Business Insider reports that Trump tried to poach German scientists working on a coronavirus vaccine and offered cash so it would be exclusive to the US. The problem is the official CureVac (the German company) twitter account, on Mar 16, 2020, tweeted the following:
To make it clear again on coronavirus: CureVac has not received from the US government or related entities an offer before, during and since the Task Force meeting in the White House on March 2. CureVac rejects all allegations from press.
On Mar 16, the fan club of European globalists has published a piece titled, "China and Coronavirus: From Home-Made Disaster to Global Mega-Opportunity." The piece says:
The Chinese method is the only method that has proved successful [in fighting the virus], is a message spread online in China by influencers, including many essentially promoting propaganda. ... it is certainly a message that seems to be resonating with opinion leaders around the world.
On the same day, unlike China that had one epicentre, Wuhan city, the US now overtakes China with most cases reporting multiple epicentres simultaneously.
Also on Mar 16, the US stocks ended sharply lower with the Dow posting its worst point drop in history. But some showed a faint hint of uncertain hope.
On Mar 17, according to an article on Chinese version of Quora, Zhihu, chief Chen Wei and her team with CanSino Biologics officially initiated a Phase-1 clinical trial for COVID-19 vaccine at the Wuhan lab, Hubei China, which Bloomberg News confirmed. — Click HERE, then set its time period as 1 year, and see when the graph has started to move up.
Also on Mar 17, China's state media, China Global TV Network (CGTN), has produced YouTube videos for Middle Eastern audiences to spread the opinion that the US has engineered COVID-19 events.
Also on Mar 17, Al Jazeera reported that the US President has been criticized for repeatedly referring to the coronavirus as the "Chinese Virus" as critics saying Trump is "fueling bigotry."
• China's Xinhua News tweeted "Racism is not the right tool to cover your own incompetence."
• Tucker Carlson asked: "Why would America's media take China's side amid coronavirus pandemic?"
• Also, Mr. Bill Gates: "We should not call this the Chinese virus."
On Mar 19, for the first time, China reports zero local infections.
Also on Mar 19, Al Jazeera published an analysis report, titled "Coronavirus erodes Trump's re-election prospects."
On Mar 22, Bloomberg reports that China's mobile carriers lost 21 million users during this pandemic event. It's said to be the first net decline since starting to report monthly data in 2000.
On Mar 26, EURACTV reports that China cashes in off coronavirus, selling Spain $466 million in supplies. However, Spain returns 9,000 "quick result" test kits to China, because they were deemed substandard. — Especially the sensibility of the test was around 30 percent, when it should be higher than 80 percent.
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On Apr 03, Germany and other governments are bolstering corporate defenses to address worries that coronavirus-weakened companies could be easy prey for bargain hunting by China's state owned businesses.
On Apr 05, New York Times says "Trump Again Promotes Use of Unproven Anti-Malaria Drug (hydroxychloroquine)."
On Apr 06, a Democratic State Rep. Karen Whitsett from Detroit credits hydroxychloroquine and President Trump for "saving her in her battle with the coronavirus."
On Apr 07, the US CDC removed the following part from its website.
Although optimal dosing and duration of hydroxychloroquine for treatment of COVID-19 are unknown, some U.S. clinicians have reported anecdotally different hydroxychloroquine dosing such as: 400mg BID on day one, then daily for 5 days; 400 mg BID on day one, then 200mg BID for 4 days; 600 mg BID on day one, then 400mg daily on days 2-5.
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☞ If there were ever a time for people not to be partisan and tribal, the time has come: We need to be ever vigilant and attentive to all kinds of disinformation & misinformation to see it better as well as to be sharp in our lives. — We really do need to come together.
☞ At first, I was going to draw up a conspiracy theory-oriented list focused on Team-Z, especially Mr. Gates. However, although it's nothing new tbh, recently many chats and discussions seem overflowing with disinformation & misinformation which is, in my opinion, particularly painful at a time like this. Hence, this post became a vanilla list that's just recorded the notable events. — We all are subject to misinformation, miscalculation, and misjudgment. But the clearer the picture becomes the better we can identify Funkspiel.
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Immediate Aftermath pt.2.a
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Feasible Timeline of the Operation
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☞ Go Back to the Short Story.
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Will starting your own crypto exchange like binance payoff during this on-going crisis situation?

There’s no better solution than building your own crypto exchange for your business, especially in the current scenario we are in. The world seems to have turned upside down due to the Covid-19 outbreak that is revolving around us. People are staying put in their houses, completely out of access to everything. While the economy is also starting to take a downfall, traditional businesses are going through a tough time, and people have started relying more towards online platforms to fulfill their needs.
With the market prices taking a slide during this pandemic, like the downfall in the forex exchanges, stock exchanges and bitcoin prices, crypto exchange seems to be the perfect solution that rightly fits the customer needs and a business that might ensure safer returns. Anyone from anywhere around the world with an internet connection can trade with cryptocurrencies. And particularly at this time, when online is the only source, building your own cryptocurrency exchange software will bring in ample investors for your business, thereby ample profits.
For more information, please visit:
https://www.cryptocurrencyexchangescript.com/cryptocurrency-exchange-software
submitted by AnnaLisbeth to u/AnnaLisbeth [link] [comments]

A Short Story that Describes Imaginary Events and People of Worldwide Calamities and the Aftermath (the 2nd Edition)

The following story, all names, characters, and incidents portrayed in this post are fictitious. No identification with actual persons (living or deceased), places, buildings, and products is intended or should be inferred.
However, the LINKS to real-life events and inspiring sources are placed here and there throughout the story.
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Truth is the Only Light
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INTRO
☞ [As of 2019] there are plenty of reasons to think the Chinese system will implode spectacularly without Japanese feeling the need to do a thing. — Peter Zaihan, Disunited Nations (Mar 03, 2020)
It's apparent that two nations have been engaged in a high-stakes military & economy arms race. The current US admin has been hitting China with waves of tariffs, but that was merely a small part of what's actually going on. [1] [2] [3] [4] [5] [6] [7] [8]
On Oct 11, 2019, when they reached a tentative agreement for the first phase of a trade deal, the fact that China made the concession actually made my jaw drop. From where I sit, it was a worrisome scene. Aren't people saying, when challenging situations are bottled up, they will just grow and mutate into another terrible complications?
Admittedly I was not certain how they are going to adhere to the agreement: It left most of the US tariffs (on China's exports) in place, and at the same time, came with an additional USD $200 Billion burden for China over the next two years. This agreement might seem a bit insignificant, but now China would need to purchase almost twice the size of the US products & services they did before the trade war began.
With their current economic climate? I murmured, "No way."
While watching Trump brag and boast around with said agreement, I expected China would soon come out and fling some improvised excuses in order to delay the document-signing process. It wouldn't be their first time. More importantly, even if China does so, there wouldn't be many (real) counterattack options left for the Trump admin during this year, the US presidential election year.
Then, on Jan 16, 2020, the world’s two largest economies actually signed a partial trade agreement aimed at putting the brakes on an 18-month trade war. China would almost surely not sit down but come back to bite, I thought.
Enter the worldwide chaos following so called the COVID-19 outbreak.
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BACKGROUND
☞ Globalists have been heavily investing in China's economy and its components overseas.
• Here are a couple of well known names: the Great Old One; George Soros; Koos Bekker; and Bill Gates.
• For the sake of convenience, from here on, let's call these globalists, who are foreign investors in China's top tier state-owned/sponsored/controlled enterprises, Team-Z.
• Team-Z has adopted big time lackeys like Henry Kissinger or small time ones like Larry Summers, Stephen Hadley, or Bill Browder as matchmakers to court Team-Z for China's top tier enterprises. When Israel's highest echelons chimed in, it has been through Israeli IT companies and the BRI projects.
• Naturally, multinational investment banks have also been employed; such as Morgan Stanley, Goldman Sachs, Royal Bank of Scotland (RBS), UBS Group AG (formerly Union Bank of Switzerland), Blackstone Group, Canaccord Genuity, BlackRock, Hermitage, or Mirae Asset.
☞ Note: The Great Old One didn't use any matchmakers, something peasants would need. Because the Great Old One's power level is over 9000.
• China's Shanghai clique used to keep the nation's state-sponsored enterprises under their firm grip: Enterprises such as Alibaba Group, Tencent, Baidu, Wanda Group, HNA Group, Anbang Group, Evergrande Group, CEFC Energy and Huawei, all of which Team-Z has massively invested in.
Here is how Shanghai clique and Team-Z, esp. Bill Gates, started to get together: [LINK]
• However, in the name of anti-corruption campaign, Xi Jinping & his Princelings have been taking those businesses away from Shanghai clique's hand, and transforming those state-sponsored private enterprises into the state-owned enterprises, declaring the 國進民退 movement.
• Slaying Shanghai clique's control = [1] [2] [3] [4] [5] [6]
• 國進民退 + Slaying Shanghai clique's control = [A] [B] [C]
• Xi's reign didn't arrive today without challenges though: the BRI projects' poor outcome has frustrated Israel's great expectations. And since the US-China trade war has started, the problems of China's economic systems started to surface, not to mention China's economy has long been decaying.
• Coupled with the US-China trade war, the current US admin has been trying to block Huawei from accessing the international financial systems that the US can influence, as well as the US banking systems. This is a good time to remind you again that Bill Gates has had a very close-knit relationship with Huawei.
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TRADE WAR & INTERNET-BASED COMPANIES
☞ It's the trade war, but why were internet-based companies such as Tencent and Baidu suffering losses?
Answer: The state-sponsored companies like Tencent, Baidu, or Huawei have heavily invested in international trade and commodity markets, which are easily influenced by aspects that IMF interest rates, the US sanctions, or trade war can create.
Example: Let's say, Tencent invests in a Tehran-based ride-hailing company. Then, through said ride-hailing company, Tencent invests in Iran's petroleum industry. Now, China's most valuable IT company is in international petrochemical trade. The business is going to make great strides until the US imposes trade embargoes oand economic sanctions against Iran.
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TL;DR
China's economy going down = Team-Z losing an astronomical amount of money.
★ Wednesday, Sep 26, 2018 ★
"Gentlemen, you guys might want to do something before it's too bloody late, no? His speech last night was .... (sniggers) Mr. Gates, now is as good a time as any. Mr. Soros, hm, don't look at me like that."
".... But,"
"Yes, Mr. Soros, your HNA is going down, too. .... Ah, Schwarzman xiansheng, we're very sorry to learn about Blackstone's Iran & SinopecChina situation. So, we're guessing, you'd be happy to join Mr. Gates's operation, yes? Of course, We already contacted Kissinger xiansheng. .... Okay then, Gentlemen?"
• Now you can take a guess why George Soros has recently been sending out confusing messages regarding Xi Jinping.
• Wait, how about Wuhan Institute of Virology? Doesn't this story concern the COVID-19 outbreak? Is the Wuhan Institute also associated with Shanghai clique? Yes, indeed. Here's How Wuhan Institute of Virology and Shanghai Clique are related: [LINK]
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EIGHT OBJECTIVES
☞ Calling for the tide to be turned, Team-Z and Shanghai clique started to devise the plan. The objectives are:
By shutting down international trade, crashing world economy, and exploiting its aftermath, the plan should produce an outcome letting Team-Z earn back their loss from the trade war & the US sanctions, and collect additional profits from China's BRI projects & stock markets worldwide, including the US stock markets.
Don't forget this: This point number also concerns the developing nations on the BRI with the large deposits of natural resources that Team-Z has invested in through China. If everything comes together nicely, Team-Z will pick up trillions of dollars from those nations alone as if they are light as a feather. Ironically this will reinforce the BRI project governance and mitigate fraud & corruption risks inherent to the international development projects.
By utilizing the aftermath in the US, a new US administration consisted of pro-Beijing personnels should be fostered at the 2020 election. In a worst-case scenario, the aftermath should be abused enough to make Robert Lighthizer to leave the admin. Mr. Mnuchin could stay.
Sometime next year, the phase one trade deal must be reassessed with the new US admin. The reassessment should help China take the upper-hand at the second phase trade talk.
The pandemic crisis should yield a situation which allows China to delay the payments for its state-firm offshore debts. With the point number , this will give China a breathing room to manage its steadily-fallen forex reserves.
Since their current turf (in China) is education industry & medical science industry, Shanghai clique will have no issue with earning hefty profits by managing China's export of medical equipments & health care products which can be supplied worldwide mainly by China. People in the west will bent the knees for the clique's support.
☞ Regarding Jiang Zemin's son and medical science industry in China [LINK]
The outcome should weaken Xi & his Princelings' political power considerably in favour of Shanghai clique & Team-Z. This will let Jiang's Shanghai clique (A) reclaim some of political status & business interest controls they have lost to Xi & his Princelings.
• And once this point number , with the point number , is realized, it would be much easier for the clique to (B) recover their huge assets hidden overseas that the current US admin or Xi & his Princelings have frozen.
Combining good old bribery with sex, the outcome should support China to re-secure control over the US governors. Once the plan is executed successfully, those governors would desperately need solutions to local economic problems and unemployment.
Lastly, implementing an e-ID system in the US similar to Beijing's Alipay and WeChat could be the cherry on top of the operation's entire outcomes. Who's supporting such a system worldwide? None other than Microsoft and Rockefeller Foundation. ಠ_ಠ
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OLD COMRADE BECOMES A NEW RECRUIT
☞ They were afraid more talents were needed. The main target was the world’s largest economy with the most powerful military capability, after all.
They ended up asking Mr. Fridman to see Lord Putin about that. The old Vova was going through a lot nowadays, people said. It could be because his nation's energy business to Europe seems to be hitting wall after wall. He is said to have enough on his plate with no end in sight, so maybe he'll join.
★ Monday, Jan 15, 2018 ★
"(pours a drink for himself) I know, but. ... What would happen if Bashar falls? How long you think you can keep it up? .... Erdogan is many things (sniggers) but he's never gentle. (sips his drink slowly) When Benji's EastMed Pipeline starts to actively compete, then what? They got the China money now. .... Vagit and his buddies will be very unhappy. You know that. Not great, Vova."
"...."
"Ah, you mean what are we going to do? Hm? Hm. I'll tell you what we're going to do. This time, we're going to bankrupt the US shale gas sector. Then, of course, we can maybe convince Benji to take their time with the pipeline. Perhaps for good. (sips his drink slowly) Don't worry, Vova, It'll work. You worry too much. We'll come out the other side stronger."
"So, how long until they set it off?
"Hahaa, yes. They'll soon put all things in place. While marching in place, they'll play the tune a couple of months before the next sochelnik."
"Nearly 20 months to brace things here, then?"
"(nod slowly in happiness) Hm. Оторви́сь там, оттопы́рься, Vova"
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USEFUL IDIOTS
☞ When the directive came, these idiots answered claiming they would be gladly "on it." All in the name of rejuvenating China's economy without grasping the real objective prevailing throughout the entire operation. Thing is, they would never realize what they are to Team-Z & their Asian overlord until it’s too late.
Who are they? It's A and B, not A or B: (A) the American corporations that are too big to fail and have suffered a considerable loss because of the US-China trade war. Among those corporations, (B) the ones that have been structured with massive interest-profit relationships in/with China.
"We need China in order for the US as a nation to continue being prosper," they've been shouting. No surprise there, because they've enjoyed the strides of extraordinary profits over the years while the US middle class has continued to shrink.
But, in 2019 when China's stock markets nosedived for the first time since 2015 and China's authorities in financial stability & resiliency fumbled their response; it wiped that smile off their face. Still, they'll keep behaving not to offend their Asian overlord, nonetheless.
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PERFECT PLAN
☞ Many crucial components had to come into play all at once in order to cause World War I. If one of the components were missing or different, it is unlikely that the World War I as we know of could be produced.
The US in 2019: Overbought bubbles + Over borrowed corporations
The US in 2020: It's an Election Year.
Russia has been dumping US Treasuries for the past few years.
Russia has been hoarding golds as if they were recreating Inca Empire.
China in 2019: Immense & long term financial troubles has started to surface.
China in 2020: The phase-one deal has been signed; leaving most of tariffs on China intact and adding another $200 Billion burden for China.
Team-Z sets up a situation in the US where some event(s) would freeze the US supply chains & demand for the next three to ten months.
• Just like the 9/11, the event will be initiated at the clique's own region. However, unlike in China, the US will report multiple epicentres simultaneously.
• And the CDC and the US medical task force will carry on with a number of sabotage acts, to secure enough time for the infected yet untested in those US epicentres to spread plenty. [1] [2] [3]
• Here's a feasible timeline of the operation.
Then, the BOOM: Team-Z (a) manipulates the markets to make sure MM will have liquidity concerns (b) when they need it most. The (c) bottomed out oil price will be an enforcement, which will also wreck the US energy sector as a kicker. The (d) WHO will also join as a disinformation campaign office.
• Then a couple of big name investment managers will lead a movement that (will try to) bring back foreign money back to China. [1] [2]
• Meanwhile, in US, the disinformation campaign will continue to be pushed until the second wave of attack arrives.
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MEASURABLE SHORT-TERM OUTCOME
☞ We're now going through World War III. The global structure laid down by World War II had been shaken by globalization and the rise of China. This pandemic event will shock the structure further. Human history will be divided into Before 2021 and After 2021.
① Outcome pt. 1: Immediate Aftermath [pt.1] [pt.2]
② Outcome pt. 2: The US economy goes deep dive along with world economy, and the only thing Team-Z has to do is to exploit the aftermath which has been thoroughly calculated and eagerly anticipated. — Favoured assessment: There won't be a V curve ever, unless drastic measures taken within the timeframe of four months. Unprecedented market crash, the rapid unemployment acceleration because of the supply-chain shut down, and the near-death security which in turn forces consumer confidence to plummet. We're looking at a super long L shape curve unless the US prepares fast for the second wave of their asymmetric warfare.
③ Outcome pt. 3: Arguably the most important outcome. — Because of the unprecedented shutdown of international trade, the nations heavily rely on exporting natural resources will face the extreme financial threats. What if some of those are emerging markets AND massively in debt to China? What do you think China would do to said nations while the aftermath is hitting the globe hard? [PDF] Something comparable to Latin American Debt Crisis will happen.
④ Outcome pt. 4: Not that significant compared to the others but still notable outcome. — The world will need Shanghai clique's help to get medical products and equipments.
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WHAT'S NEXT?
☞ Several analysts have discussed off the record that next it'd be a proxy warfare not using armed conflicts but with spreading a galaxy of counterfeit-currency across every possible channels.
Coincidently, on Dec 13, 2017, Business Insider reported in an article "A $100 counterfeit 'supernote' found in South Korea could have been made in North Korea" that:
"It was the first of a new kind of supernote ever found in the world," Lee Ho-Joong, head of KEB Hana Bank's anti-counterfeit centre told Agence France-Presse.
Reporting the same news, The Telegraph published an article on Dec 11, 2017:
"It seems that whoever printed these supernotes has the facilities and high level of technology matching that of a government", said Lee Ho-jung, a bank spokesman from KEB Hana Bank in South Korea. "They are made with special ink that changes colour depending on the angle, patterned paper and Intaglio printing that gives texture to the surface of a note".
ಠ_ಠ
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Tale of How Shanghai clique and Globalists Got Together
Wuhan Institute of Virology, Wuhan City, & Shanghai Clique
Feasible Timeline of the COVID-19 Operation
Immediate Aftermath — pt.1.b
Immediate Aftermath — pt.2.a
Remdesivir, Gilead Sciences, Its Shareholders, & Silly Concern
Cases Displaying the Recent Climate of Chinese Economy
Compliance Report by the US State Department on China regarding Biological Weapons Convention — Click "2019 August Unclassified Compliance Report" and see p45.
Jiang Zemin's son & Medical Science Industry in China
What is Guanxi (關係)?
Israeli IT Companies & China
Opinion article "Cancel All Debt to China"
Fun Trivia about Bush Family and China
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submitted by vanillabluesea to conspiracy [link] [comments]

Prelude to a Market Bloodbath: a Ludicrous Theory of How It All Started.

The text below was actually a comment of mine on another Redditor's post, but since I think they all left for the day, I have decided to create a standalone post with it.
Even though it's my theory, tbh I prefer the other theory of mine, which is:
From the COVID-19 outbreak to the great oil war between Russia & Saudi to the market crash, this whole event is a live simulation that some powerful group is executing for their future plan.
But today, I would like to present my less favourable theory: Theory of How COVID-19 Pandemic Has Started.
Obviously, for some parts, I got the sources. But for others, it's just a speculation based on the well known (?) inner working (political) systems of China.

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Both Shanghai clique (Jiang Zemin) and Communist Youth League (Hu Jintao) want to unseat Xi Jinping.
.A. Because:
Shanghai clique detests Xi Jinping because Xi & his Princelings put many key politburo of Shanghai clique in jail in the name of anti-corruption.
And Princelings took away Shanghai clique's influences from big key Chinese businesses such as Wanda Group, Alibaba Group & Tencent.
Communist Youth League loathes Xi Jinping because Xi & his Princelings broke China's 太上王 institution, the nation's long standing political treaty among the ruling classes, by sidelining most of Hu Jintao's prominent politburo in the council.
Subsequently, the political power of Li Keqiang's (Communist Youth League) within State Council has been dramatically minimized over the years, although he is the No. 2 party figure.
It was a break with two previous generations of leadership, which were based on consensus among members of the ruling party’s inner circle of power, the Standing Committee, a.k.a China's 太上王 institution.
So,
Shanghai clique and Communist Youth League decided to work together to hatch a seemingly perfect plan:
- Unseating Xi Jinping would be the best outcome, but they knew it would be laborious.
- While keep trying to unseat Xi, this operation by their plan should be something to weaken Xi Jinping's power within State Council.
- The operation should also reboot the political power of Li Keqiang to re-boost the current status of Communist Youth League within State Council.
- The operation should also restore the financial flow for Shanghai clique & the businesses that are still under Shanghai clique's control.
- By weakening Xi Jinping's power, the operation should reinstate Shanghai clique's control of (at least some of) key businesses of the nation.
- Used-to-be hyper wealthy Shanghai clique decided they were to be okay with what's going to happen in the field, colossal businesses loss in the region;
because 1) most of better businesses used to be owned by them have been already taken away by Princelings anyway. And 2) a while ago their foreign financial backers, such as Henry Kissinger, George Soros & Koos Bekker who used to be kissy kissy with them, left for the new power in China. Now those backers seems to be in bed with Xi. And 3) Xi started to crack down Shanghai clique's assets hidden overseas with the inside-info those backers provided to Xi. exploding head gifs
- The operation's process must appear natural, so the blame could never fall onto neither of Shanghai clique nor Communist Youth League.
- For the operation, they needed to pick an appropriate region where the influence of Shanghai clique and Communist Youth League were still prevalent.
- All the blame should fall under Xi & Princelings' political and bureaucratic incompetence.
.B. Preparation:
- Dr. Wang Yanyi is a Chinese immunologist. She is the director general at the Wuhan Institute of Virology and the deputy director for Wuhan in the China Zhi Gong Party.
- Dr. Wang Yanyi is married to Chinese professor Shu Hongbing.
- Shu Hongbing is a Chinese cytologist and immunologist. He is a tier-1 member of the Chinese Academy of Sciences, and a close associate of Jiang Mianheng thru said Academy and Shanghai Tech University connection.
- Jiang Mianheng is Jiang Zemin's son (Jiang Zemin = No. 1 in Shanghai clique). Jiang Mianheng has served as Vice President of the Chinese Academy of Sciences and the first President of ShanghaiTech University.
- Because many international bodies are closely monitoring the NBL-4 facility in Wuhan National Biosafety Laboratory and in turn the NBL-3 facility in the same laboratory attracts fewer observing eyes from outside bodies, they decided to use the latter to pick & modify the pathogen.
- The pathogen's spreading speed should be rapid to achieve the maximum effect.
- Jiang Chaoliang is a pro-Shanghai clique Chinese politician and he was the Communist Party Secretary of Hubei.
- Later, as a result of his handling of the coronavirus outbreak, Jiang Chaoliang has been replaced by Ying Yong, a close ally of Xi Jinping.
.C. Operation:
- The operators released a pathogen of their choice in Hubei near the end of 2019. The holiday season was coming up, so there would be large frequent crowds to spread the pathogen.
- Some people in the region started to experience flu like symptoms but they didn't think much about it because it's a Winter season.
- Seeing numerous passengers were unusually ill, the cab drivers in Wuhan city knew something was up with the area close to the city laboratory.
- The number of flu patients in Renmin Hospital of Wuhan University and Zhongnan Hospital of Wuhan University started to curiously go up.
- The CPC bureaucrats in said hospitals started to report the situation to their superiors. Then, in turn, those superiors reported to politburo in State Council.
- Finally, Xi Jinping received the news regarding the situation in Wuhan city.
- On Jan. 7, 2020, Xi demanded during a Politburo Standing Committee to take care of the situation.
- Jiang Chaoliang and the other pro-Shanghai clique politburo in Hubei province pretended listening to Xi's order but they quietly ignored it by suppressing the evidences + sabotaging the field. -- Have you read the article which was reporting that the researchers received a gag order from China’s NHC with instructions to destroy the samples?
- Shanghai clique & Communist Youth League told their relatives and close associates to leave the region. It would look business as usual because it's near the Chinese New Year holiday season.
- Remember, Academics & the related institutions in China are Shanghai clique's turf.
- On Jan. 14, W.H.O declared that "Preliminary investigations conducted by the Chinese authorities have found no clear evidence of human-to-human transmission of the novel #coronavirus (2019-nCoV) identified in Wuhan, China."
- On Jan. 20, 2020, after realizing his previous directions were conveniently ignored, Xi gave special instructions to control the now-became outbreak.
- But again the pro-Shanghai clique politburo in Wuhan and other cities in Hubei province pretended following Xi's instructions but ultimately ignored those by still sabotaging the proceedings.
- Wuhan mayor Zhou Xianwang allowed and in fact applauded a massive annual potluck banquet for 40,000 families from a city precinct, who (on the ordinary people levels) are mostly the supporters of Xi Jinping. ---- It's going to be interesting to see who they would blame later on if there were to be a disaster in the region.
- On Jan. 23, 2020, after having confirmed their relatives and close associates left the region, they imposed a lockdown in Wuhan and other cities in Hubei province.
- Before the lockdown, 5 million people have already left Wuhan city. It was on. Some of them went to their homes in the different regions of China. But some people with connections & means left China and went to U.S., South Korea, Iran, Italy, & France, which are Chinese tourists' popular destinations.
- Xi Jinping and his Princelings now suspected something was not right. Xi disappeared from the public view.
- Willy Lam, a political scientist at the Chinese University of Hong Kong, commented that Xi Jinping's activities after his lengthy public disappearance looked like an attempt to shift blame to Li Keqiang if progress in fighting the disease is unsatisfactory.
.D. Outcome:
- With his performance of containing the situation were being praised by State Council, Li Keqiang's political power has been expanded within the council. ---- Li Keqiang belongs to China's Communist Youth League, which has been under Shanghai clique's control.
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- On Feb. 1, the US was the one of the first nations in the world along with Russia and N. Korea that banned not just Chinese nationals but all foreigners travelling from mainland China, declares public health emergency. And China and some US media criticized Trump for stoking fear and overreacting.
- On Feb. 3, China is expected to gradually implement a larger stimulus packages (in total) than a USD $572 billion from 2008. ---- Let's see where those money will go to. (Actually we would never find out but it will probably go to key people of Shanghai clique.)
- On Feb. 7, China National Petroleum Corp. has recently declared Force Majeure on gas imports. They are trying to make a breathing room for their foreign exchange reserves shortage. China's foreign exchange reserves fell to mere USD $3.1 trillion in Oct. 2019.
- On Feb. 12, the US targets Russian oil company for helping Venezuela skirt sanctions. ---- My guess is that at this moment, the US admin noticed something is up, so they tried to secure some leverage against Russia.
- Around Feb. 24, China is rumoured (on Twitter) to delay its US-China phase one trade deal implementation indefinitely which includes the increasement of China's purchasing American products & services by at least $200 billion over the next two years.
- If China indeed delays the phase one trade deal implementation, there won't be many comebacks (such as more tariffs) that the US can carry through, because now the pandemic is happening within the US Soil.
- On Feb. 24, S&P 500 Index started to drop. Opened with 3225.89 and closed 3128.21. By Feb. 28, it dropped to 2954.22.
- On Feb 28, China transferred more than 80,000 Uighurs to factories used by global brands such as Apple, Nike, & Volkswagen & among others.
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- On Mar. 1, China's State Council super tighten up their already draconian internet law.
- On Mar. 1, Princelings published an awesome propaganda called A Battle Against Epidemic: China Combating COVID-19 in 2020 which compiles numerous state media accounts on the heroic leadership of Xi Jinping, the vital role of the Communist Party, and the superiority of the Chinese system in fighting the virus.
- Starting at Mar. 3, the Fed has taken two significant measures to provide monetary stimulus.
- On Mar. 4, Xinhua News, China's official state-run press agency posted an article "Be bold: the world should thank China (理直气壮, 世界应该感谢中国)."
- Said article states "If China retaliates against the US at this time, it will also announce strategic control over medical products, and ban exports of said products to the US. ... If China declares today that its drugs are for domestic use only (banning exports), the US will fall into the hell of new coronavirus epidemic."
- This Xinhua article would be in part Shanghai clique's grand posturing (who are holding political power & capacity in medicals & biochemicals of China) to show off to people of China that Shanghai clique is still relevant in power.
- On Mar. 5, Shanghai Index has recovered the coronavirus loss almost completely.
- On Mar. 7, Saudi's Ahmed bin Abdulaziz and Muhammad bin Nayef were arrested on the claims of plotting to overthrow King Salman. ---- Ahmed bin Abdulaziz is known to have very tight investment-interest relationship with Bill Gates, Bill Browder, Blackstone, & Morgan Stanley.
- Interestingly, one common factor that connects Bill Gates, Bill Browder, Blackstone, & Morgan Stanley is China.
- On Mar. 8, the Russia–Saudi oil price war has initiated. The ostensible reason was simple. China, the biggest importer of oil from Saudi and Russia, was turning back tankers as the coronavirus outbreak forced the economy to a standstill.
- On, Mar. 13, China's Ministry of Commerce states that China is now the best region for global investment hedging.
- On Mar. 16, the fan club of Europe globalists (:D) has published a piece, China and Coronavirus: From Home-Made Disaster to Global Mega-Opportunity. The piece says the following:
Combined with the new aid disbursements and advice the other countries, Chinese leaders appear to be hoping that their heavily-promoted success in fighting the virus helps Beijing appear like a global leader on public health – and thus ready to take on other types of global leadership.
“The Chinese method is the only method that has proved successful” [in fighting the virus], is a message spread online in China by influencers, including many essentially promoting propaganda.
This is not necessarily true. After all, other wealthy Asian states have shown different, effective models. But it is certainly a message that seems to be resonating with opinion leaders around the world.
- On Mar. 16, the US stocks ended sharply lower with the Dow posting its worst point drop in history and falling to its lowest level in nearly three years. But some showed a faint hint of uncertain hope.
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Many thanks for reading up my long ass post!! -- The updated version is hopefully coming soon. :D
submitted by vanillabluesea to conspiracy [link] [comments]

Choosing the right trading platform: do you have suggestions?

I tried Etoro, but the UI was really not that great, but it had plenty of stocks and no overnight commission, but with every withdraw comes a fee of 5$. I made constant profit until the outbreak when I practically lost all earnings. I switched to IQ Options that has a great UI and no deposit of withdraw feed if you use Skrill and I use it. It has numerous features, some of them really cool, but there is always leverage from 2x to 30x (forex) and there are always overnight commission, even if they are really low (like 0.0..%). I lost a quite a bit mainly because of coronavirus and because I'm new, but not invested that much so I'm okay, I recognise that with just some smart decisions I could've made money easily or at least lose much less. I used many training account on some trading platforms like 212trading and plus500, but they were a mix of good and bad things.
I live in Italy so not every platform is available, but what do you suggest? I see some opposite reviews for IQ options and Etoro on different problematics, but sometimes it just seems someone mad because lost a lot.
So any recommendations?
submitted by VerTex96 to Trading [link] [comments]

Morgan Stanley Says Markets Are Bottoming So Sell U.S. Dollar and Buy Risk Assets

Why would the market bottoming weaken the dollar and why in the world would it be a good idea to buy euro when europe is going to be the center of the outbreak?
https://ca.investing.com/news/forex-news/morgan-stanley-says-markets-are-bottoming-so-sell-us-dollar-2090438
submitted by ryanl247 to investing [link] [comments]

2020 on Forex: the new forecasts

The coronavirus has changed everything. When analysts gave forecasts for 2020 at the end of last year, no one could foresee that the whole world would be seized by the pandemic. Call it a “black swan” or not, it’s necessary to re-evaluate the situation and adjust the medium- and the long-term outlook. Below you will find the analysis of the main Forex drivers and the overview of the prospects for the key commodities.

US recession

In 2019, economists had some fears of a potential US recession. Well, they were right not only about the USA, but also about the whole world as lockdowns pushed every country to the deep downturn. Now it’s clear that earlier the view was naturally more optimistic. How encouraging the US unemployment rate and NFP were at the end of 2019! We couldn’t imagine at that time that more than 33 million Americans would lose jobs and economic activity would fall to unprecedented lows. The Fed made a dire scenario for the prolonged US recession. All the needed measures have been taken, almost 3 trillion dollars were provided to support the market and additional aids are expected. Anyway, the US dollar gains as a safe-haven currency. The collapse of USD this year remains highly unlikely.

Central banks’ monetary policy

In December, we expected the Federal Reserve to be patient in its monetary policy decisions. At the same time, we didn’t underestimate the power of rate cuts due to recession fears. Coronavirus outbreak flipped the script with the Federal Reserve unveiling outstanding measures to support the suffering economy. The first rate cut from 1.5-1.75% to 1-1.25% happened at the beginning of March and was followed by an even bigger rate cut to the range of 0-0.25% just after a week. At the same time, the regulator announced an unlimited buying of mortgage-backed securities and plans to buy corporate bonds and bonds backed by consumer debt. Moreover, the Fed Chair Jerome Powell didn’t exclude the possibility of negative interest rates. Even though our forecasts were not 100% accurate, the upside for the USD has been indeed limited. As for the stock market, after a shock wave caused by Covid-19, the ultra-loose monetary policy pushed the indices up.
Other major central banks also joined the easing game. The Reserve banks of Australia and New Zealand cut their interest rate to unprecedented lows of 0.25%. The Bank of England and the Bank of Canada lowered their interest rate as well to 0.1% and 0.25% respectively. As for the European Central bank, it keeps the zero interest rate on hold. The supportive tool the ECB presented is the 750 billion euro Pandemic Emergency Purchase Programme (PEPP) aimed to counter the serious risks to the outlook of the Eurozone.
As all major central banks conduct almost similar easing policy, the Forex pairs can fluctuate within certain levels for a long period. That is actually a good news for range-bound traders, as channels are expected to remain quite strong.
ECB
The European Central Bank let the market know that it was aiming to do whatever it takes to save the euro area from the coronavirus damage. However, trouble always brings his brother: Germany was so tired to be the sponsor of the unlimited bond-purchasing ECB program that the German court claimed that it actually violated constitution. Now, the ECB has three months to explain that purchases were "proportionate". The ECB credibility is under threat as Germany may pull out of the next ECB's bond purchases. This situation has made euro quite volatile.

Brexit

Boris Johnson hasn’t kept his promise “to get Brexit done” yet. However, we can forgive him for that as this year brings much worse problems to deal with. Now, when countries are getting over the coronavirus shock, the UK and EU should hold the last round of trade talks and finalize an agreement by the end of December. Some analysts are skeptical about that. They think the deadline could be extended beyond the end of December, leaving the UK subject to tariffs on most goods. This would be devastating for the British pound. The sooner the UK and EU make a deal, the better for GBP.

Oil

Oil prices spent last year between $50 and $70. December was positive with the US and China ceasing fire in the trade war and OPEC extending production cuts. Possibility of a scenario where prices drop to 0 and below was absolutely inconceivable even for the most pessimistic observers, and yet it came true. It marked the beginning of 2020 with historically unseen turbulence, even apart from the coronavirus hit.
In the long term, however, there are all fundamentals for oil prices to get back to where they were. However, that may not happen this year. Observers predict that oil prices will recover to the levels of $55-60 if there is nothing in the way during the year. Otherwise, $30 is seen as the safest baseline level for the commodity during 2020.

Stocks

Just like in 2019, the stock market had a nightmarish beginning of 2020. S&P lost 35%, with some stocks losing more than 50% of value. As the summer season is coming, the market sees 50% of the losses recovered in most sectors. While the shape of recovery is being discussed, most analysts agree that after the worst-performing Q2, the S&P will continue restoring its value.
Notice that the situation is different for different stocks. Locked by the anti-virus restrictions, most of the world population was forced to spend weeks and months at home facing their TVs, laptops, and desktops. That made strong Internet-related companies blossom, so we saw Amazon and Netflix rise to even higher value than before the virus. On the contrary, the healthcare sector struggling to invent the vaccine saw Moderna, BionTech, Inovio, and other new and old pharma companies surge to unexpected heights.
IT and Internet communications companies will likely gain much more attention during the year.
Google, Nvidia, Disney, Apple, and many more around the IT and Internet sectors have the full potential to spearhead the S&P in 2020 and further on.
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Visa Warns on Q2 Revenue Amid Virus-Led Hit to Cross-Border Business

Investing.com - Visa (NYSE:V) fell in after-hours trade Monday after the payments company warned its fiscal second-quarter revenue would fall short guidance as the impact of the novel coronavirus hurt cross-border payment activity.
Visa (NYSE:V) fell about 1% in after-hours trade, after rallying 6% on the day.
The company now expected fiscal second-quarter net revenue growth 2.5% to 3.5% lower than the outlook the company shared on its Jan. 30 earnings call.
"Cross-border growth rates have deteriorated week by week since the coronavirus outbreak in China, and trends through Feb. 28, 2020 do not yet fully reflect the impact of the coronavirus spreading outside of Asia. As such, we anticipate that this deteriorating trend has not bottomed out yet," Visa said in an SEC filing.
https://m.investing.com/news/forex-news/visa-warns-on-q2-revenue-amid-virusled-hit-to-crossborder-business-2099187
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Adult Content Websites Record Increase In Crypto Transactions Due To COVID-19

Adult Content Websites Record Increase In Crypto Transactions Due To COVID-19

The Porn Industry Reported Increased Interest From Crypto Users Worldwide
As the world struggles with the ongoing COVID-19 virus outbreak, people are trying to get used to living indoors. The world of online entertainment experienced a massive boost in terms of a raised demand, as streaming and gaming services increased in popularity. Content providers like Netflix recorded a surge in China and Italy, just days after the countries entered a never-witnessed before lockdown.
As the world of online entertainment flourishes amid the global crisis, so does the adult entertainment industry. Business Insider recently reported one of the leading adult content providers, PornHub, to be going up with 11,6% in traffic globally. Also, countries with a positive stance on the sex industry – like Germany, Switzerland, and the Netherlands, showed a boost in traffic amid the lockdown.
However, the correlation between the porn industry and the crypto sector became more evident, as cryptos saw a by-proxy benefit from the aggregated surge in demand for online adult content.
Crypto payments processing company CoinGate reported an increase in crypto transactions in March, related to adult content websites. Some of the leaders in live webcam shows, LiveJasmin and ManyVids, managed to attract 8% and 17% increases in purchases, respectively. Other websites reported up to 35% increase in demand.
The crypto payment processor also noted that the Forex markets correspond to the COVID-19 outbreak as well. CoinGate reported a 13% increase in Bitcoin (BTC) transactions, Ethereum (ETH) transactions jumped with 14%, while Bitcoin Cash (BCH) recorded a 12% increase in the total number of transactions.
“People may start relying on the usage of blockchain technology and cryptocurrencies more often. The traditional financial market showed it’s not immune to higher volatility than Bitcoin, for example.” CoinGate reported.
Despite the positive outcomes in terms of using cryptocurrencies as payment methods and the increase in transaction amounts, the ground beneath the crypto sector is still shaky. Bitcoin, as well as the entire crypto sector, fell into the whirlpool of financial breakdowns, mostly due to the unstable markets from the COVID-19 virus.
https://preview.redd.it/b5o8ntall7r41.png?width=897&format=png&auto=webp&s=01223f318a14bd2a8cf98edf5c42ba62715277e3
Data from Blockchain.com shows a rough March for the crypto sector. The slump this time was in the number of transactions, as well as the amount of the transactions. In early February, Bitcoin recorded a 7-day average of 321,880 transactions per day. Bitcoin hit a two-month bottom of 251,630, before rebounding to 273,000 as of press time.
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GOLD: pills against uncertainty

GOLD: pills against uncertainty

Reversed world

“Hey, gold, what are you doing over there at $1470? You are supposed to aim at $1900 – we are in a crisis here!” – that’s your righteous question to the precious metal. Although it did show an elevated trajectory for a while until recently, none of that seems “worthy” of the severity of the moment.
Gold, monthly chart
Especially, if you zoom in and see the most recent move of the shining metal. By falling to the support of $1450, it completely erased all the coronavirus-related gains and got back to where it was at the end of the year 2019.
Then, the US and China seized tariff fire and eventually announced that they were finally closing the theater of trade war and were on the way to sign the trade agreement. That was promising peace and prosperity to the nations, and the year was ending well, full of moderately optimistic expectations for 2020. Not for gold though. “Well”, - gold thought – “there is no place for me in such a confident and economically expanding riskless world”. Eventually, its price gave room to the calmness of the market and continued its usual trajectory of mildly gaining value.
Gold, daily chart
The interesting thing is that when the virus came – that is marked by the red vertical line – gold did not change its trajectory. If you remove the last move it did - that brick-like drop from $1700 to $1450 – and ignore that the virus is now reigning the globe, you would have little ground to suspect that something unusual is happening in the world. At least, from gold’s point of view: according to the chart, it didn’t seem to worry about states bent into recession and tens of thousands sick or dead. Not more than before that, at least. The curve of the price performance did not change before and after the outbreak – the straight green line confirms that. Visually, until the second half of February, when China was in flames of the coronavirus, gold felt exactly like it did in December when the US and China were cheerful of each other’s commitments to the trade deal.
And there is another interesting thing – the very last episode of gold price performance. The said drop. It is absolutely extraordinary because it is – in theory – supposed to be reversed. A millennia-long-living asset bringing joy to the eye of its owner, gold normally gets multiplied attention from investors seeking to secure and guard their funds when troubles kick in. Now, it is all the contrary: it plunges like a fraudulent security of a third-grade bank.
What’s happening?

Red pill

First, a very superficial but a very fair conclusion is: gold is not a “yes-sir” safe-haven commodity and does not react to the world of events as such. Nor does it react “on time”. Therefore, second, it is not as predictable as, say, oil prices are in their response to the KSA-Russia oil price stalemate.
Does it mean that gold should be disregarded as a refuge to the money of scared investors? No. But we have to delineate gold as a physical asset owned by individuals and organizations and guarded in, say, Fort Knox and gold traded in multiple market platforms as a virtual asset through, including, derivatives such as CFDs. It is exactly the latter that we have in Forex. And these, although they do have a correlation to the price of the physical gold nuggets traded across the world, are largely affected by speculations and price manipulations, whatever they may be.
That’s why you cannot rely on gold 100% as on a safe haven all the time in your trade. You have to weigh it against other assets, measure its reaction to the events and elaborate your judgment about it. The general guidelines are there – gold rises in the times of crises – but that alone is not enough to make successful trades. You need tactical information on its movement and tactical levels to watch. And its recent drop from $1700 to $1450 is another justification for that. If you bought gold even at the lows of $1600 expecting it to reverse upward on the spooked market mood, you would lose your funds by the current moment.
So again, what’s happening?

Red pill #2

First, you have to factor-in market unpredictability into your general trading methodology. More precisely, you have to factor-in the fact the sometimes you will see prices move the way you cannot predict and do not understand. And that has nothing to do with available information: in hindsight, you can explain almost any phenomenon on the Forex market, regardless of your level of situational awareness. For example, how can we explain the recent performance of the gold price? Observers’ opinions vary from blunt references to omnipresent panic that nullifies the safe-haven immunity of gold to sophisticated schemes that advocate selling off this metal to suppress its automatically increasing equity share fueled by other assets’ reduction. While both may be relevant, for you that means one honest confession cited by Bloomberg after US Fed’s failure to make markets happy by the rate cut:
"The traditional rules are out of order and there is nothing which can be classified as a safe haven – not even gold".
Note: this “even” underlines that fundamentally, gold has an undisputed recognition as a reserve asset, but at the moment, it does not function as it normally would.

Blue pill

Steel started gaining value as it seems to be a “newly-founded” safe-haven asset as seen from the perspective of the Chinese market. But we are not suggesting you piling up steel rods in your backyard.
The suggestion is: be flexible. Treat gold as your usual currency pair. Don’t take it for granted that it is “supposed” to rise in bad times. It is not, as you have already learned. Not always, at least. And one apparently cannot really know when it follows the default rule, and when it doesn’t. But one can always apply the same rules of observation and market interpretation which are applied to the rest of the Forex market. Follow the trend, reinforce it with fundamentals. If these don’t work, go technical. Once you have indications for upward reversal – buy. Once you have a downward move anticipated – short. Currently, from a purely technical perspective, a short-term upward correction is likely to happen because there is no fundamental reason to press on for a non-stop plunge while the Awesome Oscillator and the hesitation at the current level of $1470 indicate an upward-sideways mood.

Blue pill #2

No pain no gain. But as Warren Buffet said, Mr. Market doesn’t force you to trade. If you feel like you are confident to do it, you are welcome – you have all the instruments, and FBS is all but available to help you. If not – come any other minute, hour or day – he will always be glad to serve you with opportunities to make profits.

P. S.

However, keep in mind that Mr. Market, although happy to serve you endless chances of benefit, doesn’t decide when the next coronavirus comes. Therefore, don’t lose your chance to use this once-in-a-decade strike of nature to your financial advantage.
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The coronavirus outbreak and tumbling oil prices are triggering a dollar shortage in Nigeria

This is the best tl;dr I could make, original reduced by 62%. (I'm a bot)
Essentially, with oil being Nigeria's biggest export, the government relies heavily on the resource for dollar earnings to fund its national budget.
One unfolding real-time effect is a US dollar shortage that's already manifesting on parallel forex markets with the informal dollar dealers who often operate just in front or across the road from airports and top hotels in the business districts of Lagos and Abuja.
Over the past two days, naira to dollar exchange rates-which have stayed quite stable at around 360 naira to the dollar since mid-2017-have reached 430 naira.
With Nigeria's economy perennially import-dependent, a dollar crunch typically affects a wide range of businesses that require hard currency to fund imports of input materials in a country whose weak industrial base means it makes very little from scratch.
The availability of dollars is also typically a hot button issue among middle class Nigerians, a key demography, who can afford foreign travel, health care or even education-Nigerians spent $514 million to school in the United States in 2018.While still in its infancy, the growing dollar shortage will feel very familiar for most Nigerians.
While the government might be ordinarily reticent to do so, Mathias Hindar, Sub-Saharan Africa analyst at Falanx Assynt, says sustained low oil prices will "See the government's ability to protect the naira diminish." For its part, Aza Traders, an African currency broker, is advising clients to "Reduce exposure" to the naira as it expects "Further weakening" in the coming days.
Summary Source | FAQ | Feedback | Top keywords: dollar#1 naira#2 Nigeria#3 currency#4 price#5
Post found in /Economics.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
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Stock Markets in Asia and Major Factors

Numerous factors may affect the stock markets. For instance, the coronavirus outbreak created additional pressure on the markets. Moreover, the outbreak is far from being over. Unfortunately, OPEC and its allies caused another one as they failed to reach a deal.
#Wibest #Broker #BestBroker #Economies #Trading #forex #stocks
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Virus containment hopes support Asian currencies

This is the best tl;dr I could make, original reduced by 69%. (I'm a bot)
Across mainland China there were 2,015 new confirmed infections as of Tuesday, the lowest daily rise since Jan. 30.
The Australian dollar, sensitive to China's fortunes because of Australia's commodity-driven export profile, firmed 0.3% to $0.6728 AUD=D3.
Oil prices, a barometer of global energy demand and so of growth, remain nearly a fifth lower than they were before the outbreak.
The currencies of oil exporters such as Canada and Norway have been hammered, with the krone NOK= shedding 5% this year and the loonie CAD=D3 hitting a four-month low on Monday.
"The main impact of coronavirus for Europe is growth," said Steve Englander, head of global G10 FX research at Standard Chartered.
"The euro area started the year with low growth and an ECB largely out of policy options...(a) bad scenario could see an extension of recent moves and EUUSD may head towards the $1.04/05 lows of the European debt crisis."
Summary Source | FAQ | Feedback | Top keywords: low#1 growth#2 China#3 coronavirus#4 hit#5
Post found in /worldnews and /NotClickBaitNews.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
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Virus Outbreak Created Problems for the Stock Markets

The current situation created questions about the future of the global economy. It is not surprising that stock markets across the Asia Pacific region are struggling due to coronavirus outbreak.
#Wibest #Broker #BestBroker #Economies #Trading #forex #stocks
submitted by WibestBroker_ to u/WibestBroker_ [link] [comments]

Forex Preview: 11/02/2020 - RBNZ to hold rates steady as concerns about virus outbreak grow Day Trading During The Coronavirus Outbreak Why and How to trade the Forex breakout strategy! - YouTube The Impact Of The Coronavirus In Forex The currency to own during the virus outbreak

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Forex Preview: 11/02/2020 - RBNZ to hold rates steady as concerns about virus outbreak grow

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