Article: “The Iraqi market stops the organization of trading sessions and trading activity in securities as of tomorrow” That would mean Tuesday…one of the things we’ve been looking for them to stop the ISX…they did not tell us how long trading will be stopped or ended for what period of time and we would need to know but…as we approach or reach the rate change one of the things we’ve always looked for is for them to end trading in close proximity to the rate change.  Reason why is they can’t really change the rate while the markets are open because the markets work off of the rate…They are trading off the value of the currency. We’ve always looked for them to shut down the stock market…as kind of preluder…beginning point.

    |   Category: Jeff