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Peter Pan(ic) policy has apparently reached its limit. USDJPY continues to slide despite Kuroda unleashing NIRP, dropping the “whatever it takes” and “no limits” tape bombs, and today’s Abe advisor Honda headlining with BoJ’s next steps may include more NIRP and more QQE… It’s over! Every time they open their mouths USDJPY drops further… How […]Read More

With China now closed for all intent and purpose for a week as Golden Week arrives, it appears The PBOC wanted to leave the market a message. Clear and direct intervention in offshore Yuan has ripped it 800 pips higher in the last 2 days to its highest since mid-December and stronger than onshore Yuan. […]

Ahead of the New Hampshire primary, Bernie Sanders has gone on the offensive against Hillary Clinton. Clinton, Sanders says, is only a progressive “on some days.” Other days, she’s a moderate, he claims. “I do not know any progressive who has a super PAC and takes $15 million from Wall Street,” the feisty socialist said […]Read More

A quick glimpse at the big miss in the January payrolls report, which just reported only 151,000 jobs gains well below the 190,000 expected and below most big banks’ expectations, if precisely on top of the whisper number, would have been sufficient to send futures soaring in the pre market: after all it would mean […]

For those curious where the big jump in earnings came from, the answer appears rather simple: the reason, according to the BLS’ breakdown of jobs added in January (per the Establishment survey), of the 151,000 jobs added in the past month, retail trade added 58,000 jobs in January, while employment in food services and drinking […]

The most obvious reaction to the “great” drop in the unemployment rate and “huge miss” in payrolls is a rise (yes rise) in rate-hike odds for 2016. This appears to be why the Dollar is spiking and bonds, stocks, crude, gold and everything else is being sold… Sell Mortimer Sell… oh and buy dollars… Average: […]Read More

Emergency responders are on the scene of a reported crane collapse in lower Manhattan. As CBS reports, it happened  just before 8:30 a.m. on Worth Street near Church Street in TriBeca. There are reports of people possible trapped in cars. Fire officials said one person is dead and at least two others are hurt. “I […]

Submitted by David Stockman via Contra Corner blog, There has been an economic coup d’état in America and most of the world. We are now ruled by about 200 unelected central bankers, monetary apparatchiks and their minions and megaphones on Wall Street and other financial centers. Unlike Senator Joseph McCarthy, I actually do have a list of their names. They need to […]Read More

Breaking! AMCON Takes Over Aero Contractors Airlines In #Nigeria – SIMONATEBA.COM 6 Shares Share Tweet Share Email Press Statement In furtherance of the statutory responsibility of acquiring Eligible Bank Assets and putting them to economic use in a profitable manner, the Asset Management Company of Nigeria (AMCON) has dissolved the Board of Aero Contractors and […]

The lawyer, who stabbed her husband to death on Tuesday in the southwestern Nigerian city of Ibadan in Oyo State, committed the horrendous crime after she learnt that her Europe-based sweetheart had fathered a child with a white woman in Europe, a newspaper said, quoting family sources, as details of the bizarre crime continue to […]

Breaking! Buhari Goes On Vacation, Osinbajo To Act As President – SIMONATEBA.COM 3 Shares Share Tweet Share Email Presidential Statement President Muhammadu Buhari has begun a short vacation from today, February 5 to February 10, 2016. While President Buhari is on vacation, the Vice President, Prof. Yemi Osinbajo will perform the functions of the President. In […]

By Ayorinde Oluokun/Thenewsnigeria.com.ng Senate President, Bukola Saraki has failed to stop his trial at the Code of Conduct Tribunal. In a unanimous decision read by Justice Samuel Walter Onnoghen, the Supreme Court dismissed his appeal against the decision of  the Court of Appeal. The Court of Appeal in a split decision, 2-1,  ruled in October […]Read More