PlaneFaggin’: Europe activity
German AF GAF779 A321neo departed Rzeszow Airport after stop/drop of about 1h45m
63-8035 KC-135 tanker done with tanking dooty in the eastern Med.
Algeria AF 7TVPC G4 departed Brussels after a stop of about 7.5h
Paki AF PAAF942 G4 heading to London from Istanbul depart
They want moar drones from Turkey
Belgium AF BAF90 Falcon 7x departed Asturias, Spain
Spain Officially Joins ICJ Case against ‘Israel’
Spain has officially filed a declaration of intervention in South Africa’s case against ‘Israel’ over its genocidal campaign in the Gaza Strip.
The court announced that Spain filed in the Registry of the Court a declaration of intervention in the case dubbed “Application of the Convention on the Prevention and Punishment of the Crime of Genocide in the Gaza Strip (South Africa v. Israel).”
https://english.almanar.com.lb/2143330
RG04/5 Greyhound’s WS from Calgliari, Sardinia
JANET87 737 Dept. of AF Area 51 worker flight out of Las Vegas Intl and JANET30 737 SE after drop off at Tonopah Test Range Airport
https://www.dreamlandresort.com/info/janet_schedule.html
SPAR15 C40B departed JBA NE after arriving from Scott AFB,IL yesterday
FRB Chair Jerry Powell is due in Portugal for conference this week and speaks on Wednesday- possibruh it’s him in that
Eyes all on it
SAM053 C32A departed JBA and W
This was kneepads “hangers on” AC last week and returned to JBA from LAX on Friday
PlaneFaggin’: Caribbean activity
ATOM31 WC-135 Constant Phoenix Nuke Sniffer up from Curaçao N/NE
Looks like a get outta the way move rather than a patrol for nao
TEAL76 WC-130 Super Hercules in to Hurricane Beryl who’s eye is just E of Grenada-passed just to the SW of the eye and heading for another eye wall run
Paki AF PAAF942 G4 on approach at London-Luton Airport from Istanbul depart
Belgium AF BAF90 went to Clermont-Ferrand, central France from Asturias, Spain depart
SPAR71 NATO G5 departed Chievres AB, Belgium and ES
AE67A2 P8 Poseidon in eastern Med from Sigonella AB
Qatar AF THRB1 Falcon 2000 ‘Royal’ flight WN from Doha depart
Euro gains after French elections; yen sinks to new 38-year low
The euro climbed on Monday after a convincing and historic win by the French far right in the first round of parliamentary elections fell slightly short of some expectations, leaving the final result dependent on party deals before a second round next weekend. Meanwhile, the yen sank to a new 38-year low after data showed Japan's economy shrank more than initially reported in the first quarter, leaving traders on alert for signs of intervention to prop up the currency. Marine Le Pen's far-right National Rally (RN) party won the first round of France's parliamentary elections on Sunday by a large margin, exit polls showed, although analysts noted it won a smaller share of the vote than some polls had initially projected, triggering a rally in stocks and bonds. The euro was last 0.4% higher at $1.0753, having earlier climbed to a two-week high. It has lost around 1.3% since the French far right triumphed in European parliamentary elections in early June, prompting President Emmanuel Macron to call a snap domestic election. “It's an alleviation of risks. We're seeing a lot of hedges going into the French election getting unwound," said Simon Harvey, head of FX analysis, at Monex Europe in London.
Investors have been concerned that the RN could come to power through "cohabitation" with Macron and push a high-spending and euro-sceptic agenda. “First round results are not offering much certainty about the composition of the parliament, and the second round scheduled for next weekend is in fact the big risk event," said Francesco Pesole, currency strategist at ING. Pesole also said the fact that the left-wing coalition, which also wants to boost government spending, did not receive more votes than expected was likely boosting the euro too. The rise in the euro sent the dollar a touch lower against a basket of currencies, though the greenback was on the back foot after data on Friday showed U.S. inflation cooled in May, cementing expectations the Federal Reserve will begin cutting interest rates later this year.
The dollar index was last flat on the day at 105.72.
Against the dollar, sterling rose 0.2% to $1.2674, while the Aussie was down 0.1% at US$0.6665. The dollar slipped after data showed after a U.S. manufacturing index fell 48.1 in June, lower than the forecast of 49.1. U.S. construction spending for May also came in weaker than expected, falling 0.1%, compared with expectations for a 0.2% rise.
Market pricing now points to about a 63% chance of a Fed cut in September, as compared to a 55% chance a month ago, according to the CME FedWatch tool.
The yen fell to another 38-year low against the greeenback, sliding to 161.58yen per dollar. The U.S. currency was last up 0.4% at 161.57. The yen has fallen more than 12% this year, with its latest decline to the weaker side of 160 per dollar keeping investors on heightened alert for intervention from Japanese authorities to prop up the currency. “In terms of line in the sand, we have two. We have 163 and if this evolves relatively quickly in the next two to three weeks, I see the Bank of Japan would intervene in the market to purely stem or slow the pace of depreciation," said Monex's Harvey. “If they don't intervene at 163, then obviously 165 stands out as the next psychological level based on current fundamentals." ==(163.xx is the start of the big move in 1986 see here >>21117726 pb
Data showing weaker-than-expected economic growth added to the uncertainty about the Bank of Japan's next move in interest rates.
The BoJ meets in late July and has hinted that it could raise borrowing costs, potentially helping close the yawning gap between Japanese and U.S. rates that has hammered the yen this year by causing investors to flock to the higher returns on U.S. bonds. Separate data on Monday showed the business mood in Japan's service-sector soured in June, offsetting a big lift in factory confidence.
https://www.tradingview.com/news/reuters.com,2024:newsml_L1N3IT0H3:0-euro-gains-after-french-elections-yen-sinks-to-new-38-year-low/https://tradingeconomics.com/japan/currency
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
https://tradingeconomics.com/united-states/currency
https://tradingeconomics.com/commodities
>>21120605
Ukraine AF UKN1419 A319Zelenskydeparted Shannon, Ireland after fuel stop
Looks like Central or South America based on vector
Zelensky's 'Admission Of Defeat' As Russia Advances In Ukraine; Outlines Model For Peace Talks
https://timesofindia.indiatimes.com/videos/international/zelenskys-admission-of-defeat-as-russia-advances-in-ukraine-outlines-model-for-peace-talks/videoshow/111410852.cms
>>21120741
Hungary AF HUAF588 Falcon 7x departed Brussels IntlEU President and PM Viktor Orbanback to Budapest
>>21120786