The National Hurricane Center warned of potentially life-threatening storm surge and high winds along the U.S. Gulf Coast as Hurricane Marco approaches.
Archiv für den Monat: August 2020
Markets Week Ahead: US Dollar, Euro, AUD/USD, S&P 500, Fed Symposium, RNC
The US Dollar gained against the Euro and Australian Dollar as FOMC minutes dented risk appetite this past week. Ahead, all eyes are on the Fed’s annual Economic Policy Symposium and the RNC for ca…
Markets Week Ahead: US Dollar, Euro, AUD/USD, S&P 500, Fed Symposium, RNC
The US Dollar gained against the Euro and Australian Dollar as FOMC minutes dented risk appetite this past week. Ahead, all eyes are on the Fed’s annual Economic Policy Symposium and the RNC for ca…
Forexlive European FX News 24 Aug: Risk on sentiment session on vaccine hopes
Positive sentiment, but for how long?
Other markets
The USD has shown broad weakness on the session as risk on sentiment has dominated.
The session started very slowly with narrow ranges across the major pairs. The general sentiment was positive on news from the handover that the US is planning to allow emergency use of plasma in the
Other markets
The USD has shown broad weakness on the session as risk on sentiment has dominated.
The session started very slowly with narrow ranges across the major pairs. The general sentiment was positive on news from the handover that the US is planning to allow emergency use of plasma in the
South Africa’s Gold Fields profit jumps on rising Bullion prices
Via Reuters
Tech leads the way as Alibaba beats estimates
Via Reuters
The role of tech leading the way through COVID-19 was once again confirmed last week when Alibaba beat estimates. Here was the headlines:
Alibaba’s stock has risen 23% this year as a ’stay at home‘ stock which investors have been backing as winners in a COVID-19 shut down world. Alibaba is also seen as a
The role of tech leading the way through COVID-19 was once again confirmed last week when Alibaba beat estimates. Here was the headlines:
Alibaba’s stock has risen 23% this year as a ’stay at home‘ stock which investors have been backing as winners in a COVID-19 shut down world. Alibaba is also seen as a
UK’s rising debt problem
Rising debt
The UK has to decide how to handle its rising debt level which has now increased to more than £2 trillion. UK borrowing is now above 100% of its GDP for the first time since 1963.
The UK has to decide how to handle its rising debt level which has now increased to more than £2 trillion. UK borrowing is now above 100% of its GDP for the first time since 1963.
Reasons for more EURCHF downside
via Bloomberg
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Seeing the rise in SNB deposits makes me think the SNB face another uphill battle to keep the EURCHF pair supported
An article from Bloomberg just out supports the same outllook seeing downside ahead for the EURCHF. Here is the rationale:
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Seeing the rise in SNB deposits makes me think the SNB face another uphill battle to keep the EURCHF pair supported
An article from Bloomberg just out supports the same outllook seeing downside ahead for the EURCHF. Here is the rationale:
Erneuerbare Energien : Solar Start-up Enpal schließt Vertrag mit dem größten Photovoltaik-Konzern der Welt
Mitten in der Coronakrise kann sich Enpal über Auftragsmangel nicht beschweren. Nun schließt das Start-up einen Liefervertrag mit Longi Energy aus China.Großhandel: Olaf Koch hat Metro radikal umgebaut – und geht nun vorzeitig
Der Metro-Chef hat den Konzern auf den Großhandel konzentriert. Nun überlässt er es seinem Nachfolger, zu beweisen, ob diese Struktur zukunftsfähig ist.