Morning Journal--De-dollarization gets another boost

  

Economics

   This Week’s Data

            August pending home sales fell 1.0% versus expectations of a 0.8% rise.

            http://www.calculatedriskblog.com/2014/09/nar-pending-home-sales-index-decreased.html

            The September Dallas Fed manufacturing index came in at 10.8 versus estimates of 10.3.

            http://www.calculatedriskblog.com/2014/09/dallas-fed-texas-manufacturing.html

   Other

            Update on big four economic indicators (medium):

            http://www.advisorperspectives.com/dshort/updates/Big-Four-Economic-Indicators.php

            Pimco on the Asian economy (medium):

            http://www.advisorperspectives.com/commentaries/pimco_092914.php

            De-dollarization continues.  China and the EU start trading directly in yuan and euros (medium):

            http://www.zerohedge.com/news/2014-09-29/europe-china-start-direct-trading-euros-yuan-de-dollarization-expands

Politics

  Domestic

  International

            Are the sanctions against Russia working (short)?

            http://www.zerohedge.com/news/2014-09-29/martin-armstrong-warns-west-sanctioning-russia-big-mistake

            Fighting in Ukraine intensifies (medium):

            http://www.bloomberg.com/news/2014-09-29/ukraine-army-sees-worst-day-since-truce-as-battles-flare.html

            ISIS gaining control of Iraq’s grain supplies (medium):

            http://www.reuters.com/article/2014/09/30/us-mideast-crisis-wheat-idUSKCN0HP12J20140930