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Goldilocks and Seeds of Wisdom
Goldilocks posted commentaries and links:
The markets are expected to open with mixed results this morning. There is a lot of uncertainty about tomorrow’s jobs reports coming out.
Even though tomorrow is a holiday for the markets the jobs reports will still be posted. It is uncertain how investors will view today’s trading and Monday’s opening with the anticipation and revealing of the jobs reports.
Many investors are expected to pull out sometime during the day due to preliminary indicators showing the economy is slowing down. Below is a preliminary look at the report in just a few sectors:
“The monthly jobs data follows job openings data from Tuesday suggesting the labor market may finally be slowing down—possibly good news if you want the Federal Reserve to have reasons to press the pause button on interest rate hikes.”
https://www.investopedia.com/markets-mixed-following-private-sector-jobs-report-7376178
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“During the meeting, they discussed the reality of the Iraqi banking sector and reform measures to develop it, enhance financial inclusion in the country, and the reform packages taken by the Central Bank to confront the rise in the dollar exchange rate and its impact on the movement of the local market.”
Iraq is implementing economic reform packages.
They are keeping their eyes on the dollar and currently doing a good job with new mechanisms in place to keep it from rising.
These current steps being taken by the country of Iraq positions their own National Currency to take center stage.
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Since the beginning of this year, we have been hearing about the integration of smart contracts, digital wallets, and decentralized marketplaces. Why?
For the last 6 months, Web 3 projects have been gaining traction. Their implementation upon the new decentralized web-based economy has begun to filter down to games and other opportunities for exploration inside the private sector.
The creative potential we have available to us going forward knows no limits.
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Bank of America Corporation Announces CME Term SOFR as Benchmark Replacement Rate for Certain Outstanding USD LIBOR Securities After June 30, 2023
Source: Dinar Recaps
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