The unemployment rate, typically a measure of financial hardship, fell to 10.2% in July.
Archiv für den Monat: August 2020
Yen May Rise as Nasdaq 100 Falls on US-China Tensions, Fiscal Woes
The anti-risk Japanese Yen may rise versus currencies like the AUD and NZD on US-China tensions and fiscal stimulus woes which sank the Nasdaq 100 at the end of last week.
S&P 500 and FTSE 100 Forecasts for the Week Ahead
Tech leading the S&P 500 towards record highs, however, China risks rise. FTSE 100 hovers in a lower range.
Gold Price Forecast Bright & Volatile as USD, Real Yields Swing
Gold price performance has garnered quite a bit of market attention over recent weeks as the precious metal hits new all-time highs thanks to a parabolic rally fueled by falling real yields and US …
ForexLive Americas FX news wrap: Payrolls provide a dollar boost
Forex news for North American trading on August 7, 2020:
Markets:
– Gold down $32 to $2031
– WTI crude down 43-cents to $42.52
– US 10-year yields up 2.8 bps to 0.564%
The July non-farm payrolls report was better than expected, even with you adjusted for some seasonal quirks. The data led to a round of US dollar gains
Markets:
– Gold down $32 to $2031
– WTI crude down 43-cents to $42.52
– US 10-year yields up 2.8 bps to 0.564%
The July non-farm payrolls report was better than expected, even with you adjusted for some seasonal quirks. The data led to a round of US dollar gains
S&P and Dow close higher for the 6th consecutive day
NASDAQ 7-day win streak broken today
A look at the final numbers shows:
The Dow had his best week since June 5.. The S&P index at its best week since July 2.
A look at the final numbers shows:
The Dow had his best week since June 5.. The S&P index at its best week since July 2.
CFTC commitments of traders: EUR longs climb to a new record
Weekly FX speculative positioning data from the CFTC.
– EUR long 180K vs 157K long last week. Longs increased by 23K
– GBP short 15K vs 25K short last week. Shorts trimmed by 10K
– EUR long 180K vs 157K long last week. Longs increased by 23K
– GBP short 15K vs 25K short last week. Shorts trimmed by 10K
Mnuchin: Will recommend Trump move forward with executive orders
Comments from Mnuchin
Reports say they’re something like $1 trillion apart on state/local funds. It’s a bit puzzling why Republican governors are so against this money. Instead, they’re going to have to drastically reduce services and cut workers. I don’t know in which world that’s a popular move. Or maybe that’s where the White House will
Reports say they’re something like $1 trillion apart on state/local funds. It’s a bit puzzling why Republican governors are so against this money. Instead, they’re going to have to drastically reduce services and cut workers. I don’t know in which world that’s a popular move. Or maybe that’s where the White House will
Pelosi to White House: „Come back when you’re ready to give us a higher number“
Comments from Pelosi
Question to Pelosi: „What’s next“
Pelosi: „Perhaps you missed what I said — I said, `come back when you’re ready to give us a higher number.'“
Question to Pelosi: „What’s next“
Pelosi: „Perhaps you missed what I said — I said, `come back when you’re ready to give us a higher number.'“