#BoycottMulan trends after comments by Disney star

Fears of military crackdown in Hong Kong

The Hong Kong protests have reached Disney. The hashtag #BoycottMulan is trending worldwide after “Mulan” star Liu Yifei voiced support for the police crackdown in Hong Kong this week. 

Crystal Liu Yifei, the well-known Chinese-American actress starring in Disney’s upcoming live-action “Mulan” remake, expressed support for the city’s police on social media. 

“I support the Hong Kong police. You can all attack me now,” she posted on Weibo, a Chinese social media platform where Yifei has nearly 66 million followers. “What a shame for Hong Kong.” 

She shared the message along with a Chinese propaganda post supporting the police crackdown on mass anti-government protests in Hong Kong. She also used the hashtag, “IAlsoSupportTheHongKongPolice” and added a heart emoji and a strong arm emoji. 

The actress received support on Weibo, but the backlash was immediate on Twitter and Instagram, which are blocked in China. Twitter users around the world accused the actress of supporting police brutality. 

The Walt Disney Company did not immediately respond to CBS News’ request for comment. 

Months of protests by pro-democracy demonstrators in Hong Kong have led to repeated clashes with the city’s security forces. The tension boiled over this week as protesters swarmed Hong Kong’s busy airport and shut it down two days in a row. 

That was just the latest development in a summer of fierce demonstrations that began in June against a proposed extradition law that would have allowed some criminal suspects to be sent to mainland China to stand trial. While the government has since suspended the bill, protesters have pressed on with broader calls for democratic reforms and an investigation into alleged police brutality.

On Tuesday, United Nations human rights chief Michelle Bachelet urged Hong Kong authorities to investigate what she called “credible evidence” suggesting law enforcement officers had fired tear gas at protesters in ways that violate international law. Videos have emerged showing police firing gas and beanbag rounds at close range.

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World – CBSNews.com

South Africa’s Kganyago Sues After SARB Battle Gets Personal

© Reuters.  South Africa’s Kganyago Sues After SARB Battle Gets Personal © Reuters. South Africa’s Kganyago Sues After SARB Battle Gets Personal

(Bloomberg) — Less than a week since vowed to go to war to protect the independence of the South African Reserve Bank, Governor Lesetja Kganyago has approached the courts to protect his name after a racial slur from a ruling party official.

Kganyago is suing Andile Lungisa, a municipal councilor for the African National Congress, for defamation for a posting on Twitter about the governor’s defense of the central bank’s mandate. Lungisa on Tuesday posted the first page of the summons that was served on him.

This is not the first time Kganyago has gone to the courts for resolve a dispute, but the previous occasion it was on behalf of the central bank.

He successfully fought off a proposal by the nation’s anti-graft ombudsman two years ago to change the institution’s inflation-targeting mandate. The nation’s top court found Public Protector Busisiwe Mkhwebane to be personally liable for 15% of the central bank’s legal costs in that case.

Lungisa’s series of Tweets in June began as support for the ANC’s proposal to nationalize the Reserve Bank, before targeting Kganyago. He described the governor as “a lackey of racist people” and used a highly offensive racial slur, according to the court documents.

Reserve Bank spokeswoman Thoraya Pandy confirmed the legal action when contacted by phone and said the matter was now in the hands of the court.

‘Trojan Horse’

The governor has said the debate about the ownership of the central bank is a distraction from the real problems facing the economy and that it could be used as “Trojan horse” for another attempt to change the mandate. He told reporters at a lunch in Johannesburg last week he would “go to war” if the constitutionally enshrined independence of the central bank is threatened.

The spat also highlights the racial tensions that still exist in South Africa 25 years after the end of white minority rule, and the extent to which race is often used as weapon in public discourse.

Lungisa is currently out on bail pending an appeal of a conviction for assault after he smashed a glass water jug over the head of a Democratic Alliance councilor during a meeting in the Nelson Mandela Bay municipality in 2016, Johannesburg-based Business Day reported on Tuesday. The newspaper first reported on the summons that was served on Lungisa.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Economy News

U.S. Stock Futures Climb After Yuan Fix Stronger Than Expected

(Bloomberg) — U.S. stock index futures rose in Asia after China’s central bank set its daily fixing stronger than expected, tempering concerns that the nations’ trade war will worsen.

S&P 500 Index futures contracts expiring in September rose 0.2% as of 11:30 a.m. in Tokyo, rebounding from an earlier 0.4% loss after the People’s Bank of China set its daily reference rate at 7.0039 per dollar. Analysts and traders had projected a rate of 7.0156, according to the average of 21 forecasts compiled by Bloomberg in a survey. Futures on the and rebounded as much as 0.3% and 0.2%, respectively.

“If the Chinese government intervenes less and lets the currency find its own level, it’s actually better from a reputational point of view,” Nader NaeImi, AMP Capital’s head of dynamic markets in Sydney, said on Bloomberg Television.

The bounce in Asia came after U.S. equities and benchmark Treasury yields mounted an impressive comeback late Wednesday, reversing sharp drops as investors turned more positive on the outlook for global growth amid central-bank moves to ease monetary policy. The S&P 500 Index eked out a modest gain after tumbling as much as 2%, while yields on 10-year Treasuries edged higher after an earlier plunge.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Mysterious S.C. death probe reopened after “48 Hours investigation

Produced by Liza Finley and Ryan N. Smith 

[This story first aired on March 2. It was updated on Aug. 3.]

In 2015, a team of “48 Hours” producers were filming in Charleston, South Carolina, on another case when they met a mother who told them a story they couldn’t stop thinking about — a mystery that has haunted the small town of Moncks Corner since 2008.

Kadie Major, who was married, was found dead alongside a section of railroad tracks. Her little daughter was found drowned in a pond 100 feet away. Back in 2008, Rick Ollic, then with the Berkeley County Sheriff’s Office, was in charge of the investigation. Ollic believed it was a murder-suicide and says a note found in Kadie’s pocket was a piece of compelling evidence showing that she was delusional at the time.

Kadie’s family never believed she was delusional or that she would take her own life.

Her mother, Vicky Hall, vowed to get to the bottom of what happened and pressured investigators to the point where she says they “absolutely avoided me.”

Hall embarked on her own investigation — determined to show her daughter did not throw herself in front of a train.

“I remember, I was just walking outside by myself, and I just looked up and I said, ‘Kadie and River, I promise you I will do whatever it takes to find the truth,'” Hall tells correspondent Peter Van Sant.

Over the next several years Hall and “48 Hours” stayed in touch and started investigating the mysterious circumstances surrounding the two deaths — which ultimately led to the reopening of a closed case.

A decade after her daughter’s death, Hall finally got her chance to talk with detectives about her case and “48 Hours” was there.

THE MYSTERY BEGINS

Vicky Hall: Before I fell asleep … I remember … that train goin’ by and … for some reason, that just burned in my head. And I never knew that my daughter … and my granddaughter … would have been laying there, dead.

Every night for the past 11 years, that train has come barreling down the tracks behind Vicky Hall’s horse farm in Moncks Corner, South Carolina, near Charleston. And every night the forlorn cry of its whistle brings her grief roaring back.

Vicky Hall:  It’s just still hard for me to have to believe that that happened to them. … and the hardest thing, I guess, is to know how much they suffered.

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“Kadie just loved River Lynn with all of her heart. She was so proud of her, she loved being a mother,” Vicky Hall says of her daughter, seen in home video with River Lynn. “She was just a person that was so full of life.” Vicky Hall

From day one, Hall did not believe her daughter Kadie, 5 months pregnant, drowned her baby daughter, River Lynn, then jumped in front of a train.

Vicky Hall: A pregnant woman doesn’t walk three-fourths a mile down a railroad track in pitch dark night. … There’s no way Kadie would have ever, ever killed River or herself. … I believe this is a cold-blooded murder.

Rick Ollic, who led the investigation back in 2008, didn’t see it that way.

Peter Van Sant: You believed that she was walking along these railroad tracks carrying her daughter River with suicide on her mind?

Rick Ollic: That’s what we believe.

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Rick Ollic says the note found in Kadie Major’s pocket was a piece of compelling evidence showing that she was delusional at the time. Berkeley County Sheriff’s Office

Ollic says they found a note in Kadie’s pocket which he believes is compelling evidence that she was delusional — obsessed with reading about end of the world conspiracies on the internet. Among the scribblings was this: the Antichrist could be a woman.

Rick Ollic: There were some things that were in that note that made me believe that she was buying into this spiritual warfare that she had going on in her life.

Vicky Hall: I just remember them looking at me in the eye and saying, “Your daughter had a mental illness, and she did this.”

Officially, the manner of 10-month-old River Lynn’s death was undetermined.  But unofficially, investigators believed Kadie murdered her — a branding that almost destroyed Hall, says her brother Chad Dillinger.

Chad Dillinger: She’d call me in the middle of the night. … She’d just scream for hours … like the worst death scream that you can — you can’t even imagine.

Vicky Hall: I couldn’t hardly function, couldn’t keep running the farm well. I didn’t want to go to the grocery store because everywhere I would go to I would see them. . it just made no sense that they weren’t here. Nothing made sense.

Desperate for answers, Hall started her own investigation: gathering documents, keeping meticulous notes — anything to find the truth. 

Chad Dillinger: She kept fighting and fighting and fighting and fighting … She wouldn’t let anybody tell her different. It’s really took its toll on her.

Vicky Hall: I turned to alcohol. … trying to numb my pain … but actually all it did is make everything worse

With the help of some good friends and a strong dose of faith, Hall stopped drinking.

Vicky Hall: I remember saying, “OK, Vicky, you can either let this kill you and destroy you … or you can try to … make Kadie and River proud of you and pull it together.”

Hall got her horse business back on track, then did something she never thought she’d do with the paperwork from her private investigation.  

Vicky Hall:  I couldn’t fight no more for a while. I had to grieve and take time for me for a while. Some friends just said, “Vicky, just put everything in the box. Put all your papers in a box and stop looking at it and put it in God’s hands.”

Vicky Hall: So, I put everything back in the box and I closed it and I locked it. … and I put it in my closet.

But Hall never forgot that promise to clear Kadie’s name and show the world who her daughter truly was: a kind-hearted 26-year-old who loved horses and her family.

Ken Dillinger | Kadie’s uncle:  It was a smile, I mean there was a perma-grin on her face, and … It was always lit up, always lit up.

Sarah Watford: She was better than most people — just had a giving heart, just a true genuine person.

Sarah Watford is Kadie’s little sister. Kadie, 12 years older, was like a second mother.

Sarah Watford: I just think of what a good mom she was and how I want to be a good mom like her. …And she’s the person that I want to be.

major-family.jpg
Kadie, holding River Lynn, and Aaron Major. The couple, who were high school sweethearts, married in 2003. Vicky Hall

Peter Van Sant: What were Kadie’s dreams in this life?

Vicky Hall:  She was living the perfect life for her. That’s what Kadie wanted to be, was a mother, have children, be a wife, take care of her house, cook, garden … She was livin’ her dream. She really was.

Kadie had married the love of her life in 2003, her high school sweetheart Aaron Major.

Vicky Hall: they really were just like best friends.

Aaron went to work for Kadie’s dad, who was a housepainter.  She settled in as a homemaker. In 2007, they welcomed River Lynn.

Vicky Hall: And she had this beautiful little smile that made her just look like an angel.

Hall says Kadie had never been happier.

Vicky Hall: She was so excited about having children and she wanted a big family.

Not long after River was born, Kadie got pregnant again; this time, she learned, with a son. She was so excited, she gave the unborn child a name:  Aadon.

Peter Van Sant: What was her reaction to that?

Sarah Watford: She just couldn’t stop smiling.

But, just one day later, that perfect world came crashing down.

Hall and her husband Jeff were awakened at 1:44 a.m., when Aaron suddenly showed up at their home.

Vicky Hall: I remember telling myself, “Oh My God … what is wrong? Why is Aaron here sitting on the porch?  He’s never come in the middle of the night.” 

Hall says he told her when they arrived home after Aaron finished working, Kadie started acting paranoid and stood in the doorway with River, refusing to enter.

Vicky Hall: He said when Kadie got home she said she had a premonition that someone was gonna kill her … He said, “She’s standing there shaking and trembling … And she wanted to go get a hotel.”

Vicky Hall: And he said, “I told her let me go take a shower. … and then I’ll bring you wherever you want.” … he said he went and took a shower.” He heard her truck start … and she’s gone.

Then, Hall says, out of the blue, Aaron suddenly started going off on a string of bizarre conspiracy theories.

Vicky Hall: Like the world’s coming to an end and, you know, the government blew up the Twin Towers. … I … asked him … why are you talking about this?

Vicky Hall: … that’s the moment everything changed — that moment.

STRANGE BEHAVIOR

Kadie and River Lynn had now been missing for more than 12 hours in stormy, icy conditions. Vicky Hall and Kadie’s husband, Aaron Major, set out searching for her truck at local motels and on the back roads of Moncks Corner but Hall says, something seemed off with Aaron.

Vicky Hall: I’m looking at every car coming … trying to see her truck. … and he’s just not looking … and I’m like to myself, “Why is he not looking? Why is he not looking?”

Then, the usually quiet Aaron started talking — not about Kadie, but about those same strange theories. 

Vicky Hall: Still that same stuff about the Twin Towers just being a conspiracy.

Back at Kadie’s house, Sarah Watford was waiting alone in case her sister came home. She noticed a highlighted Bible passage on the kitchen table.

Peter Van Sant: What did you read in those papers?

Sarah Watford: The thing that that stands out that I read that I will never forget is that the first born son is to be sacrificed. … I knew something wasn’t right.

Frightened, Watford immediately called her mom to come get her. When Hall and Aaron picked her up, both mother and daughter noticed something that would become etched in their memories: Aaron’s hand.  

Vicky Hall: He had lifted his hand up … And I’m like, “Oh my God, why is his hand so big?” … What I didn’t know at that moment is Sarah saw it, too

Sarah Watford: It just almost looked like a monster’s hand, you know? It just looked fat. His whole fingers was swollen.

Was it connected to Kadie’s disappearance? Hall filed that detail and the other red flags in the back of her mind and went out searching on her own.  Then, at 11:31 a.m., came a call from Aaron that would alter the course of her life.

Vicky Hall: He said … “I heard on the radio that there’s, uh, an accident. A train hit a vehicle on Oakley Road and two people are dead.”

Hall headed straight to Oakley Road, but there was no train, no vehicle, no sign of a collision. Then, as she was leaving, she spotted Kadie’s truck – undamaged — about 500 feet from the tracks.

Vicky Hall [at railroad tracks]: And I just fell on my knees and collapsed,’ cuz I knew it wouldn’t make any sense. Her truck should never be here, right here.

Aaron was her first call.

Peter Van Sant: You tell him that you have found the pickup truck. Does he cry out?

Vicky Hall: No. Not at all.

major-tracks-hero.jpg
Investigators at the  scene where Kadie’s body was found beside the train tracks; her little daughter was found drowned in a pond 100 feet away. Kadie’s truck – undamaged — was found about 500 feet from the tracks. Berkeley County Sheriff’s Office

By then, a forensic team was at the death scene over half a mile down the tracks.  A railroad worker had discovered the bodies around 8:20 that morning. Kadie, they believed, had been struck on her side by some object hanging off the train. She had deep lacerations across her lower abdomen and right thigh.

Rick Ollic of the Berkeley County Sheriff’s Office delivered the shattering news.

Vicky Hall: Captain Ollic is right there and I’m just looking him in the eye, and I just remember his face. And he told me they were dead. … I’m numb … just totally broken, just totally dead, totally devastated. Totally devastated.

That night, Aaron was asked to give a written statement to authorities. Claiming he was too emotional to write, a detective wrote it for him. There was no mention of a swollen hand.

In his statement, Aaron said she was acting so paranoid “that I couldn’t reason with her… just wanted to leave the home feeling that someone was out to kill her.”  

Aaron told a version of that story to Kadie’s uncles, adding that she was suffering from postpartum psychosis.

But with every telling, crucial details changed. In one story, Aaron said Kadie refused to enter the house because she was panicked, in a state of paranoia. In another version, he says she did go in to feed the baby.

Peter Van Sant: What does that suggest to you, the fact that he’s told different stories?

Ken Dillinger: Pretty much cut and dry that he doesn’t have his stories together of what really happened, and every time he thinks about it, he doesn’t remember what he said.

major-couple.jpg
Kadie and Aaron Major, parents of daughter River Lynn, were expecting a son. Vicky Hall

The family was suspicious. And Sarah Watford, remembering that swollen hand, was convinced that Aaron broke it while killing her sister.

Sarah Watford: It just made me think, like, did he hit his hand on the train … pushing her into the train, or fighting with her? … that’s what made me know in my heart, in my head, that he was involved.

Both Watford and Hall say they had seen Aaron’s injured hand the morning the bodies were discovered. But Ollic’s investigation turned up another explanation: that Aaron injured it two days later at the funeral home when he punched a wall while choosing a coffin.

Rick Ollic: We inquired with the funeral director and she said, “Yes, I witnessed him punch a cinder block wall.”

At first, Aaron tried to make the funeral private, telling Vicky and her family they were not invited.

Vicky Hall: Everything was a fight from the very moment they died to have things done normally.

Mother and daughter were in the same coffin. Miraculously, Kadie’s face was largely undamaged and the family wanted an open casket for Kadie and River. But Hall says Aaron took it a step too far.  

Vicky Hall: He wanted Aadon, the unborn son, displayed publicly for viewing on top of Kadie. … I’m like “Aaron, no.”

That wasn’t the end of his bizarre behavior at the viewing, says Chad Dillinger.

Chad Dillinger: He was just sitting there nonchalantly on the front pew eating McDonald’s. … drinking out of his big McDonald’s cup. 

Peter Van Sant: The dead bodies of his family are right in front of him.

Chad Dillinger: He could reach out and touch ’em. … He never shed a tear, he never came and hugged anybody. It was the sickest thing I ever witnessed in my whole life.

Two days after the funeral, Aaron went in for surgery to mend his broken hand.

The next day, eight days after his wife and baby died under mysterious circumstances, Aaron, with a freshly bandaged hand, was finally brought in to the Sheriff’s Office for questioning:

Aaron Major recounts the night his wife and child vanished

DET. JERRY MERRITHEW: You have anything to do with your wife’s death?

AARON MAJOR: No.

DET. JERRY MERRITHEW: You have anything to do with your child’s death?

AARON MAJOR: No.

DET. JERRY MERRITHEW: If you knew what happened, would you tell us?

AARON MAJOR: Mhm.

But by then it was too late, says private investigator Jessica Sanders. The coroner had already issued a preliminary ruling of suicide, later made permanent.  

Peter Van Sant: How would you describe the quality of the original investigation done?

Jessica Sanders: Horrible … they dropped the ball in every way here.

OPENING PANDORA’S BOX   

By day, Jessica Sanders, the mom, is busy taking care of her children – all five of them. But by night, Jessica Sanders, the private eye, is at the gun range or on the road with cameras and disguises in hot pursuit.

Jessica Sanders: I catch cheaters and anyone who’s lying pretty much.

Peter Van Sant: Is that your specialty — cheating husbands and wives?

Jessica Sanders: Mostly, yes.

Peter Van Sant: How’s business?

Jessica Sanders: Good [laughs]. Business is good.

SANDERS WEB EXTRA

Vicky Hall met Sanders four years after Kadie’s death. She suspected her now ex-husband was having an affair and hired Jessica to investigate.

Jessica Sanders: We became very close.  You know, she had lost Kadie and I had actually lost my mom. And we just — we bonded.

Sanders says she saw Hall through some of her darkest years as she battled to get the Berkeley County Sheriff’s Office to take another look at the case — and another look at Aaron Major.

Jessica Sanders: Vicky was really up against the department that had their mind made up. … she always had questions and none of them were answered.

That changed in 2015, seven long years after her daughter’s death. “48 Hours” producers got a tip about Vicky’s case and that box of evidence she had locked up so many years ago. They wanted to know more. 

Vicky Hall: I realized it was time to get started back on the case.

Hall asked her private investigator pal to help. 

Peter Van Sant: Did you open the box?

Jessica Sanders: I did … it was like Pandora’s box … it’s unbelievable at all the information that she had and how badly this case was handled. It didn’t take 30 minutes of looking at it to be in, like, shock.

major-warroom.jpg
Jessica Sander and Vicky Hall in the “war room.” CBS News

Together Sanders and Hall built the “war room.” They covered the walls with timelines and facts about the case, determined to find the truth — whatever that might be.

Vicky Hall: If you can tell me I am wrong, and my daughter really committed suicide … tell me I’m wrong, please … the last thing I wanted was her to die at the hands of her husband.

Vicky Hall: … we could not exclude it, we tried.

major-ollic-pvs.jpg
Rick Ollic explains his theory to “48 Hours” correspondent Peter Van Sant.  CBS News

Peter Van Sant [at the train tracks]:  So, is your opinion of what happened out here that this essentially was a murder/suicide?

Rick Ollic: That’s my theory…

Rick Ollic: We worked this case for months. We believed we unturned everything there was to unturn at the time.

Rick Ollic, now the chief of police at the Moncks Corner Police Department, maintains he considered Aaron Major a suspect.

Peter Van Sant: Did you suspect foul play?

Rick Ollic: I always suspect foul play until proven otherwise.

But he never found proof that Aaron killed his wife.

Rick Ollic: We were never able to connect the dots.

He says the evidence — Aaron’s statements and that note in Kadie’s pocket with scribblings about the Antichrist — all pointed to a woman in deep psychological turmoil. 

Rick Ollic: There was information that she was going through some type of spiritual warfare in her life.

He believed Aaron’s story that Kadie’s actions were driven by postpartum psychosis. 

Rick Ollic: She was alive when the train struck her … to me it was self-inflicted.

Two months after the suicide ruling, Hall hired a forensic psychologist in the hopes of proving Ollic wrong. But the psychologist’s report said there was not enough evidence to “overcome the presumption of suicide.”

Vicky Hall: I knew she wouldn’t do that, wouldn’t be capable of doing that. But Aaron’s behavior … he’s not acting normal, he’s not acting right. …He’s got a broken hand, talking crazy things that never once came out of Kadie’s mouth.

Kadie and Aaron Major
“She was very happy, she was very excited to have a boy,” says Vicky Hall of her daughter, who was 5 months pregnant when she died. Vicky Hall

As for that note in Kadie’s pocket, Hall believes Kadie was documenting her husband’s internet searches on their family computer.

Vicky Hall: I believe she wrote these notes down on this paper because she was seeing what Aaron was reading … and seeing what he was believing in and it was scaring her and she was just making notes of all the titles on the computer.

Hall and Sanders went to work determined to show that Kadie was not psychotic. They spoke to a dozen witnesses, including Kadie’s Obstetrician Dr. Christine Case who examined her the day before her death.  

Dr. Christine Case: I do not think is — in my professional opinion, that she had any depression or postpartum depression.

Back then, Ollic and his team did not speak to Dr. Case, and Hall says would not listen to what she had to say.

Peter Van Sant: She says she was never questioned about her daughter’s state of mind and what had happened in the hours on that day that she disappeared. How could someone not have interviewed the family about those things?

Rick Ollic: I don’t recall when she was interviewed, and they should have been interviewed for those things.

Peter Van Sant:  What I’m holding here, Vicky gave us. It’s dozens and dozens of pages of emails that she said that she sent to you during that time, and you didn’t answer one of these.

Rick Ollic: I don’t recall.

And Hall says, they should have been more suspicious of Aaron’s story about Kadie’s alleged paranoia the night she disappeared

AARON MAJOR [interrogation] She got more and more, like, paranoid about me, and started — completely not trustin’ me at all.

Jessica Sanders: in his story she’s shaking, trembling, scared.

But Sanders says phone records show during that time Kadie called her mom and Hall says she sounded perfectly normal.

Jessica Sanders: When she called Vicky, she was wanting to go eat dinner with her. This is not a person who’s frantic.

Sanders says, the more she dug, the guiltier Aaron looked.   Most ominously, a computer search he made early in the morning before the family was notified Kadie and River were dead. 

Jessica Sanders: That morning, he had searched “two dead in Berkeley County.”

Peter Van Sant: So why do you think he was Googling that?

Jessica Sanders: Well, I think he was Googling that because he was trying to find out if the bodies had been found yet. He’s trying to determine his next move.

They believe that next move was his call to Hall saying he heard on the radio that two people were killed in a train accident on Oakley Road.

Vicky Hall: I called every radio station, I went to the TV stations after they died … I searched and searched for years, not one person could tell me Oakley Road was ever on the TV or the radio.

Peter Van Sant: If there was in fact not a news broadcast … How would he have known that location, that there’d been an accident there?

Rick Ollic: I have no — I have no re — … I have no idea how he would know.

Peter Van Sant: Is this suspicious to you?

Rick Ollic: Absolutely.

Sanders says there’s only one reason he would have known.

Jessica Sanders:  He knew, because he’s the one that put ’em out there.

Hall and Sanders say there were more damning clues back at the house.

Vicky Hall: Some stuff was knocked off of River’s dresser. There was clothes on the floor. All of these drawers were all open in the whole bathroom.

Peter Van Sant: What does that suggest to you?

Jessica Sanders: There was a fight. I believe 100 percent there was a fight and she was trying to leave him.

Peter Van Sant: Do you believe that Kadie Major may have died inside her own house?

Jessica Sanders: I do. I think it’s very possible that she died at the house.

Their house – a potential crime scene – was never properly processed.  

Jessica Sanders:  There’s no photos.

Peter Van Sant: No forensic search of the house.

Jessica Sanders: No forensics at all. … If there was a fight that started there, Luminol test. Easy. They did nothing.

And Aaron Major, who Ollic admits was a suspect, was allowed home unaccompanied the night his wife and daughter were found dead.

Peter Van Sant: He could have altered a potential crime scene and no one went there to check that. Correct?

Rick Ollic: Possibly.

Peter Van Sant: Family members who had been inside that house claim it was in disarray, that things had been thrown about. 24 hours later it had all been cleaned up. Is that true?

Rick Ollic: I don’t have an answer to that cuz I don’t recall when we went. I mean, I’d have to review back to the case, it was 10 years ago.

But a lot can happen in 10 years. 

Det. Darrell Lewis There’s a new sheriff in town.

And a new cold case team.

Peter Van Sant: Do you believe today that Kadie Major committed suicide?

Lt. Dean Kokinda: No.

Det. Darrell Lewis:   No.

A NEW LOOK AT THE CASE

Things were changing fast in Moncks Corner. In 2015, new Sheriff Duane Lewis swept into town with a brand new attitude.

When two “48 Hours” producers called him asking about the Kadie Major case, he listened.

Sheriff Duane Lewis: I was not familiar with the case. … but I asked my cold case detectives to locate the file … so that when I did meet with Vicky we could … have some knowledge about the case.

After 10 years of heartache, Vicky Hall is finally getting the chance to talk to Berkeley County detectives about her case. And “48 Hours” was there to document it. 

Vicky Hall: For justice to happen would be the best news of what really happened that night.

Sheriff Lewis had assigned Lt. Dean Kokinda to take a second look. Hall, long the target of country gossip, first had to clear a big hurdle.

Lt. Dean Kokinda: Vicky … had a reputation … that she was crazy. … So I wasn’t looking forward to meeting with her. But … when she came in … I talked to her for a couple hours, I was like, “Well, she’s not crazy.”

Vicky Hall [to detectives]: And when she’s shaking and trembling how is she holding River?

Lt. Dean Kokinda: She had valid questions and they weren’t answered.

major-hall-investigators.jpg
Vicky Hall meets with Lt. Dean Kokinda and Det. Darrell Lewis, the new investigators on the case. CBS News

She also had a lot of information to share with Lt. Kokinda and a detective brought out of retirement to help him: the sheriff’s little brother, Darrell Lewis.

Det. Darrell Lewis: When I walked in the door, he goes, “I need you to look at this … something’s wrong with this case.”

To begin with, Lewis says blood and tissue spatter evidence show that the original investigators got the wrong train.

Det. Darrell Lewis:  Originally, they said a southbound train hit her. The evidence shows it was a northbound train. What else did they get wrong? … What else did they miss?

Lewis quickly answered his own question. They missed their one and only opportunity to ask Aaron the tough questions during their interrogation:

DET. JERRY MERRITHEW: What do you think happened?

AARON MAJOR: I don’t know what happened.

Det. Darrell Lewis: You call it an interrogation, we call it an interview.

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During questioning in 2008, the investigator never asked Aaron Major about his bandaged hand. Berkeley County Sheriff’s Office

The investigator never even asked Aaron about that hard to ignore bandaged hand and he never challenged Aaron’s version of events, including Kadie’s supposed breakdown:

AARON MAJOR [interrogation]:  She just got real paranoid, and, quit trustin’ people and stuff.    

Peter Van Sant: Are you buying Aaron’s story that she was out of her mind?

Lt. Dean Kokinda: No.

Det. Darrell Lewis: No. He’s the only person who’s said this.

Lewis and Kokinda did what Ollic and his team didn’t do — talk to Kadie’s closest friends and family.\

They discounted that psychological report because they say it was based largely on Ollic’s investigation. They quickly ruled out postpartum psychosis.

Lt. Dean Kokinda:  You can hide depression from your friends and family, but you don’t hide paranoia.

And they didn’t believe that Kadie could or would have made that 6/10th of a mile walk in pitch black on gravel in the rain and sleet carrying a 30-pound baby.

Lt. Dean Kokinda [walking where the bodies were found]: If she wanted to kill herself, she parked right here. She could walk right here. She does have to walk sixth-tenths of a mile down there to get hit by the train. She can get hit 10 feet from her car.

Lt. Kokinda thinks, like Sanders and Hall, the trouble started back at the house. 

Lt. Dean Kokinda: We believe that night there was a fight … Some argument whether it be … verbal or physical.

major-evidence.jpg
The note and wedding rings found in Kadie’s pocket. Berkeley County Sheriff’s Office

Which may explain how Aaron injured his hand, says Kokinda. And why they found $ 1,000 in cash in Kadie’s truck and her wedding rings were not on her finger, but in her pocket.

Lt. Dean Kokinda: To me that is very symbolic of her ending the relationship.

Just weeks into their investigation, the cold case team became convinced it was not a suicide. But they still had a lot of questions.

Lt. Dean Kokinda: Why is she on the tracks in the first place? That’s the million-dollar question right now.

Among their many theories, maybe an answer to that question: that Kadie fled the house after a fight, drove her pickup truck to the tracks, got out and ran with Aaron giving chase. He caught her and threw her against the train.

Lt. Dean Kokinda: That’s a possibility.

Peter Van Sant:  She could have been thrown and struck by the side of the train?

Lt. Dean Kokinda:  Absolutely.

Another possibility, as Sanders believes, Kadie was killed elsewhere and dumped at the tracks.

Det. Darrell Lewis: I’ve never ruled out that it could be a staged crime scene.

Peter Van Sant: There’s a possibility she was in fact dead at the time this train struck her?

Lt. Dean Kokinda: I think that’s one of the possibilities, yes.

Another mystery: just how did River Lynn get in the water 100 feet from the spot where her mother’s body was found?

Lt. Dean Kokinda: We don’t know how River came into contact with the water.

Kokinda says the cold case unit has confirmed that Aaron told the original detective a huge lie — a potential game changer:

AARON MAJOR [interrogation]: That’s when I heard on talk radio 94.3 that there had been a person and a young child hit by the train in Berkeley County …

Lt. Dean Kokinda:  There was no radio report. 

Peter Van Sant:  There was no radio report? 

Lt. Dean Kokinda:  Uh-huh.

Peter Van Sant: Why would he have told a story about hearing this report, do you think?

Lt. Dean Kokinda: I think he wanted Kadie and River found.

The team would like to ask Aaron about those lies, but there’s a problem.   

Peter Van Sant: Aaron Major, is he cooperating with you guys?

Det. Darrell Lewis: No.

Peter Van Sant: Is that a red flag for you?

Det. Darrell Lewis: It is for me ’cause I’d wanna know what happened to my child, my unborn child, and my wife.

“48 Hours” would like to speak with Aaron Major as well.

FIGHTING FOR THE TRUTH

There have been many dark days, but one memory above all else has kept Vicky Hall fighting for Kadie and River.

Vicky Hall: The night they died … and Sarah was there, my daughter …  I looked out the window, we have a pond right there … and there is a cross on my pond.

Vicky Hall:  And every night me and Sarah would go stand in that door. And we’d look out, and that cross never came back. 

Hall believes Kadie and River will never be at peace until Aaron Major is brought to justice.

kadie-major-hero.jpg
Kadie and River Lynn Major Vicky Hall

She rarely sees the man she believes put her daughter and granddaughter in their graves, but she says he has harassed the family for years — even at the cemetery.

Vicky Hall: If we put something there … it would be thrown in the woods and destroyed, broken.

Hall called the authorities and they confronted Aaron, who then returned some of the items he had taken — including a toy version of Kadie’s favorite horse. 

Vicky Hall [holding the toy]: When he returned it, the tail was cut off, it was just very upsetting.

Hall suspects he also put a doll with a hole in its stomach at the makeshift memorial where Kadie and River’s bodies were found.

Vicky Hall: On the cross is this old, nasty-looking doll. And I just know Aaron put that there to freak me out.

Jessica Sanders: It’s disturbing. It’s almost like psychological warfare.

Out of all his alleged scare tactics, the most heartless, says Sanders, is video shot by Aaron 10 months after Kadie and River’s deaths and laid it on their grave.

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Video shot by  Aaron Major 10 months after the deaths of his wife and daughter shows River Lynn’s high chair pulled up to the table with a jar food on it. Berkeley County Sheriff’s Office

Jessica Sanders: He allowed it to look like they were still living there. Like he had River’s high chair pulled up to the table with jar food on it, a pillow stuffed in the bed where Kadie would sleep as if she’s laying in the bed. … Psychopathic behavior to me.

After his wife and child died, Aaron moved in with his parents in Charleston, about a 40-minute drive from Moncks Corner. He started his own house painting business. “48 Hours” found him at home washing out his fishing gear and in the church parking lot with his mother.

Sanders, who has been studying his movements, says he spends a lot of time alone outside.  

Jessica Sanders: This guy, he goes hunting, goes fishing, he’s living the life.

But life was about to get a lot harder.

Sheriff Lewis decided to let Aaron know he hasn’t been forgotten and announced the re-opening of the case in a very big, public way.

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Vicky Hall, center, is surrounded by investigators and family as the case into the deaths of Kadie and River Lynn is reopened. CBS News

SHERIFF LEWIS [to reporters]: Initially it was believed that Kadie was suicidal and had some psychological issues. I can tell you that that is not the case.

Vicky Hall then stepped up to the microphone.

VICKY HALL [to reporters]: Thank you to this sheriff’s department. I wanna thank Charleston county. “48 Hours,” because we would not be standin’ here today if it wasn’t for them.

And she didn’t mince words when it came to Aaron Major.

VICKY HALL [to reporters]: I believe that Kadie and River and Aadon were murdered by Kadie’s husband, Aaron Robert Major. And that’s what I believe.

Investigators continue digging, but say, for now, they don’t have enough evidence to make an arrest. They are, however, for the first time publically naming Aaron Major the prime suspect.

Lt. Dean Kokinda: Right now, he’s the only one we’re looking at

Peter Van Sant: Is there anything you’d like to say to Aaron major right now if he’s watching?

Lt. Dean Kokinda: Yeah, come talk to us. Tell us what happened cuz what you told us before is not the truth.

aaron-major-pvs.jpg
“48 Hours”‘ Peter Van Sant questions Aaron Major about the deaths of Major’s wife and daughter. CBS News

“48 Hours” asked Aaron Major to speak with us on camera, but he declined through his attorney. So “48 Hours” went looking for him and found him in the parking garage of an apartment complex.

Peter Van Sant: Hey, how you doing. Peter Van Sant CBS News. You are the only suspect in the deaths of your family. What do you have to say about that?

Aaron Major: I’m not going to comment on this.

Peter Van Sant: Why not? You can tell me whether or not you murdered your family

Aaron Major:  Because I don’t have any comments at this time.

Peter Van Sant: Nothing whatsoever?

Aaron Major: No.

Other worker: You need to leave please. Leave.

Aaron Major continues to live the life of a free man — something Hall blames on the original investigator, Rick Ollic.

Peter Van Sant: This beloved young mother was made out to be some depressed child killer. Would you be willing to apologize if it turns out you were wrong?

Rick Ollic: Always do the right thing, it’s always important at any time to do the right thing.

“48 Hours“ producers on how a chance meeting led to the reopening of a mysterious decade-old case

It’s been 11 years since that cold, wet January morning. No matter how long it takes, Vicky Hall will battle on until the truth is found.

Vicky Hall: You know, we can’t bring them back and that’s what I would love more than anything … but justice needs to be served. … I will fight for this till the day I die. … I know she’s up in Heaven sayin’, “You go, Mom. You go.” 


The Berkeley County Sheriff’s Office was so impressed with the investigation by Jessica Sanders, she was offered a job. Sanders decided to continue working as a private investigator. 

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Forex – U.S. Dollar Falls After Jobs Report Fails to Diminish Fed Cut Expectations

© Reuters.  © Reuters.

Investing.com – The U.S. dollar fell after the jobs report failed to diminish expectations of the Federal Reserve cutting rates next month.

The U.S. economy just 164,000 jobs in July, compared to 193,000 in June, while job creation was as expected and the unemployment rate held steady near 50-year lows.

Trade tensions continued to weigh on investors, with demand for more traditional safe-haven assets rising after U.S. President Donald Trump threatened another 10% of tariffs on $ 300 billion worth of Chinese goods, which would put tariffs on all U.S. imports from China. Beijing warned on Friday it would retaliate.

The announcement was made just one day after the U.S. and China wrapped up trade discussions in Shanghai, and ended a trade truce the two countries struck in June.

The , which measures the greenback’s strength against a basket of six major currencies, fell 0.2% to 97.975 by 10:37 AM ET (14:37 GMT).

The safe-haven Japanese yen was higher, with falling 0.7% to 106.59.

The euro rose due to the weakness in the greenback. The currency was also boosted by reports that Trump is expected to make a trade announcement regarding the European Union at 1:45 PM ET (17:45 GMT). No details were given about what the agreement would entail.

gained 0.2% to 1.1101.

Sterling dipped down slightly, with down 0.1% to 1.2114. Elsewhere, rose 0.3% to 1.3241, while jumped 0.5% to 19.3248.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Video: What’s the trade after Trump’s surprise China tariffs

A look at what’s coming next after Trump’s latest surprise

I spoke to BNNBloomberg minutes after the Trump tariff announcement on Thursday about what’s coming next now that the trade war has gone back to a boil from a simmer.

ForexLive

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Forex – Dollar at 2-Year Highs after Fed; Sterling Eyed Before BoE

© Reuters.  © Reuters.

Investing.com – The dollar rose to two-year highs on Thursday a day after the Federal Reserve delivered its first rate cut in over a decade amid weaker growth, but indicated that it was not the start of a new easing cycle.

Late Wednesday, the U.S. central bank cut rates by 25 basis points, the first such cut since 2008, in order to offset risks to the economy, including global trade tensions.

Fed Chairman Jerome Powell said in comments following the widely-anticipated move that it was a “mid-cycle adjustment to policy” rather than “the beginning of a lengthy cutting cycle”.

Traders still see one more rate cut this year, but Powell’s remarks tempered expectations the Fed is prepared to lower rates well into next year.

“The comments by Powell were not particularly dovish, so this is confirmation that this is a small insurance cut,” said Masafumi Yamamoto, chief currency strategist at Mizuho Securities in Tokyo.

“This outcome limits the dollar’s downside from here. Rate cuts will be on the small side, but this still strengthens the case for a prolonged U.S. economic expansion, which is positive for the dollar long term.”

The against a basket of six major currencies was at 98.63 by 04:10 AM ET (08:10 GMT) close to a two-year peak of 98.69 reached overnight.

The fell 0.33% to $ 1.1036, the lowest since May 16, 2017.

Against the the dollar rose 0.36% to a two-month high of 109.13.

Elsewhere in currency markets, sterling fell against the dollar toward a two-year low on the growing risk of a no-deal Brexit, but the focus will shift to a Bank of England meeting later on Thursday.

The BoE’s Monetary Policy Committee is widely expected to vote 9-0 to keep rates on hold at 0.75%. But it is less clear how Governor Mark Carney will tackle the challenge posed by the prospect of Britain leaving the European Union without provisional trading agreements.

was down 0.34% at $ 1.2115, near a two-year low of $ 1.2101. Sterling tumbled 4.2% last month, its worst monthly performance since October 2016, due to growing speculation Britain will go through with a no-deal Brexit.

–Reuters contributed to this report

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Forex – Pound Recovers Slightly; Yuan Near Flat After PMI Data, Trade News

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Investing.com – The British pound recovered slightly on Wednesday in Asia after falling to near two-year lows in the previous session amid the increasing likelihood of a disruptive Brexit on October 31.

The pair inched up 0.1% to 1.2155 by 12:30 AM ET (04:30 GMT).

Incoming Prime Minister Boris Johnson reiterated earlier this week that he would not meet with other European leaders unless they first agreed to remove the contentious “Irish backstop” provisions from the Withdrawal Agreement negotiated by his predecessor, Theresa May.

Johnson also said he wants to take the U.K. out of the European Union (EU) in October regardless of whether or not there is a deal by then.

Meanwhile, EU officials continued to insist that the Withdrawal Agreement – which has been rejected three times by the U.K.’s parliament – won’t be reopened.

The pair was little changed at 6.8812.

Negative news on the Sino-U.S. trade development were in focus.

In a tweet overnight, U.S. President Donald Trump accused China of not purchasing more U.S.-made agricultural products as promised.

Trump said on Twitter: “The problem with them waiting … is that if & when I win, the deal that they get will be much tougher than what we are negotiating now … or no deal at all.”

The Global Times, China’s state-owned media, said the U.S. must show “sincerity” in trade talks to ease tensions between the two sides, adding that the U.S. side should hold “reasonable expectations” after making “unrealistic demands that infringe upon China’s sovereignty and dignity”.

“If Washington still holds the illusion that Beijing will somehow cave in and compromise on issues concerning sovereignty and other related core interests to reach a deal, then no deal is fine,” the article said.

On the data front, China’s in July came in at 49.7, higher than the forecasted 49.6 and June’s 49.4. for the month was at 53.7, lower than the expected 54.0 and last month’s 54.2.

The safe-haven yen was also near flat despite falling stock markets in Asia today. The pair last traded at 108.56, down 0.02%.

The that tracks the greenback against a basket of other currencies was unchanged at 97.817.

The pair rose 0.3%, while the pair fell 0.2%.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Forexlive America’s FX news wrap: The dollar moves higher after stronger GDP

Forex news for New York trading on July 26, 2019

a snapshot of other markets near the session close is showing:

  • Spot gold rose $ 2.91 or 0.21% $ 1417.44
  • WTI crude oil futures rose $ 0.12 or 0.23% and $ 56.14
  • Bitcoin on Coinbase down $ 34 at $ 9841.  Last Friday the digital currency traded at $ 10,536

In the US stock market, the major indices closed with strong gains. The NASDAQ and S&P index both closed at record high levels. European shares closed mostly higher/but mixed.

The final numbers are showing:

  • The S&P index closed up.  The high reach 3027.98. The low extended to 3012.59
  • The NASDAQ index closed up  The reached 8339.64. The low extended to 8291.12.
  • The Dow closed up 62. The high reached 27213.70. The low extended to 27123.125

Below are the %changes, %highs and %lows for the major indices in North American and Europe. In the US, the Nasdaq rose 1.11% but that was beat by the smaller cap Russell 2000 index which gained 1.25% today. In Europe, the UK FTSE rose 0.80%, but the Spain, Italian and Portugal stocks declined. 

US stocks head higher with record closes for the Nasdaq and S&P

In the US debt market, yields are ending marginally lower with a flatter yield curve (30 year yields fell -1.7 basis points, while two year yields were down only -0.6 basis points). 

The US yields are marginally lower

In Europe the benchmark 10 year yields ended the session mixed, with the larger industrial countries seeing investor demand, while the more riskier southern Mediterranean countries seeing investors fleeing.

The European yields are ending mixed.Today was GDP day in the US. The 2Q advanced report was released (it will have I think 3 other revisions) with annualized growth pegged at 2.1%. That was above economists estimates or 1.8% and above the estimates from the NY Fed’s GDP model (1.3%) and the NY Fed’s model (1.6%).  The core PCE price index did come in weaker at 1.8% vs 2.0% estimate but it beat the 1Q rate of 1.1%. The GDP price index was higher at 2.4% vs 2.0%.   Not so great in the report was that inventories, trade and busines investment slumped. The great in the report was that consumption surged 4.3% (vs 4.0% estimate and 1.1% in the 1Q). 

The dollar, which was higher coming into the session, got even stronger in the NY session (but gave up some of those gains into the close).   Neverthess, it was a good day for the dollar. 

The % changes of the major currencies

In addition to the GDP not hurting the greenback, there was chatter from White House’s Larry Kudlow who said that the US rules out intervention on the dollar, and added that he disagrees with the notion that Trump wants a weaker dollar.

Those comments were followed by a report from CNBCs Kayla Tausche that Trump convened Cabinet meeting to discuss ideas to weaken USD.   The meeting that took place was later explained to be a presentation by Peter Navarro who advocated for a lower dollar, but that the Pres. put the kaboosh on the idea (and even stopped the presentaton short of its conclusion) after strong opposition from Treasury Secretary Mnuchin and Kudlow.   Later in the day, Trump seemed to have turned a new leaf on the his thoughts on the dollar saying:

  • US has a very powerful dollar
  • Dollar is currency of choice, euro is not doing so well, and my favorite
  • It’s a beautiful thing to have a strong dollar

Larry Kudlow must have finally gotten his full attention.

A look at some of the major currencies:

  • GBPUSD. The GBPUSD was one of the weakest of the currencies today, trending lower to the lowest level in 27 months and closing near the session lows at 1.2375 (the high today was up at 1.2460).  Last week, the pair closed at 1.2496 and peaked at 1.25198 on Wednesday.  The prior low was earlier in the month at 1.23815.  That level will be eyed in the new trading week as a barometer for the dip buyers, or the sellers looking for more of an unravel.  When you go out the day at the year’s low, the new week will make the next judgement for the pair.
  • EURUSD. The EURUSD this week took out the May 2019 year low at 1.11064 yesterday when it printed 1.11007 after the ECB rate decision and start of the Draghi press conference. However, the new low could not be sustained and the price shot back higher to 1.1187 before settling mid range in trading yesterday. Today the pair moved lower but could not reach the 1.1100-06 lows (the low reached 1.1111 and we are closing at 1.1128).  The 100 hour MA is falling and not far above at 1.1152. As that MA comes lower, the traders will have to make up their minds on whether the sellers had their shot and failed (in which case the 100 hour MA is broken to the upside), or make the judgement that the price has come this far, so it might as well extend the low trading range for the year (469 pips in total) and do more downside exploring.  
  • The USDJPY extended to the highest level since July 9th, reaching 108.82. The pair is going out at 108.68.  There were two separate hourly bar highs at 108.81 and 108.82, with each rejected.  For the week, the pair moved from a low of 107.69 on Monday. to the high today.  Despite the fact, that the range for the week was only 113 pips, it did stay above it’s 100 hour MA since breaking above on Tuesday. That MA comes in at 108.276 currently and moving higher.  

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Forex – U.S. Dollar Rises After GDP Slows Slightly in Q2

© Reuters.  © Reuters.

Investing.com – The U.S. dollar was stronger against other currencies on Friday after growth in the U.S. economy slowed less than expected, though trade tensions weighed on business.

Second-quarter (GDP) increased at an annual rate of 2.1% from 3.1% in the first quarter, compared to estimates for 1.8% growth. Consumer spending rose 4.3%, while exports dropped 5.2% and imports inched up just 0.1%, indicating trade tensions between the U.S. and China are weighing on expansion.

The numbers for the Federal Reserve to be less aggressive on easing monetary policy, with investor expectations for rates falling 50 basis points this year cut to 19.4% and odds for three cuts dipping slightly.

The Fed is expected to cut interest rates by at least 25 basis points at its next policy meeting on July 31.

The , which measures the greenback’s strength against a basket of six major currencies, rose 0.1% to 97.667by 9:04 AM ET (13:04 GMT).

The dollar rose against the Japanese yen, with up 0.1% to 108.68.

Sterling continued to fall to a one-and-a-half week low as uncertainty over Brexit cast a long shadow. Prime Minister Boris Johnson’s promise to renegotiate Brexit were rejected by EU officials on Thursday, with outgoing European Commission President Jean-Claude Juncker saying the current deal is “the best and only deal possible.”

fell 0.3% to 1.2415, while slipped 0.1% to 1.1130, and gained 0.2% to 1.3186.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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