Mark z

✴️Mark’s Evening Live 05-20-26

🔸A lot of people looking at this weekend as a possibility. I don’t know what to tell you… A lot of activity. I’ve got a lot of Treasury context that think this could be our week guys, but I don’t have anything solid.

🔸Bonds:

No updates on the loan. All I’ve gotten so far are sent messages from a couple of contacts. I know that one of them has not read them, two read them and did not respond today. I am hopeful because two of those had meetings so that is great news. I will keep you guys updated when I get a response.

🔸Still hearing that Dong and Dinar are going at the same time and that we are looking at somewhere around $2.81 to $2.82. 

*No fresh update on Zim or Agros lately. I’ve not heard anyone talk about the Pengo. I’ve actually not heard anyone in the Banking world talk about the Pengo since day one. I’m hopeful though

🔸Iraq:

The HCL has continued to dominate discussions for day, two with the government with ongoing meetings working through the final points. That is solid news for you. They have agreed on the Profit Sharing of it. This tells me the HCL is far closer than some Prudents out there say it is so this has been a great day with News.

The Ministry Of Finance directs the Accounting Department to continue working on Fridays and Saturdays. The claim is to “ complete salaries”. I don’t know about you, but I don’t know how many people in the US government would give “you” more money or to hand out Treasury Payments… I just thought this was curious with all the folks talking about “this weekend” and now suddenly see the Ministry Of Finance and the Accounting Department being told that they are working “their weekend”. Their weekend is “Friday/Saturday” in the Middle East so those making the argument could be pretty solid. I’m hoping to hear back maybe as early as tomorrow from my Banking contacts that work in Wealth Management that have been trained on foreign currencies and their exchange… I’m hoping they will be able to let us know before Friday if they have been told to work. That may be our signal because we do know on the accounting side that Iraqi’s are working this weekend.