The price of oil may continue to trade in a narrow range as the rebound from the September low ($36.13) appears to have stalled ahead of the month high ($43.43).
Archiv für den Monat: September 2020
Australian Dollar May Extend Fall Despite Easing Covid-19 Restrictions
The Australian Dollar may extend its slide lower despite the planned easing of Covid-19 restrictions, as the market continues to price in an RBA rate cut on October 6.
GBP/USD Weekly Forecast: Cautious Optimism Signals a Brexit Deal is Near
GBP turbulence persists as investors eye the next round of EU-UK Brexit negotiations. Cautious optimism signals a deal is near.
ForexLive Americas FX news wrap: Equities finish strong but commodity FX skeptical
Forex news for North American trade on September 25, 2020:
Markets:
We came into the day on a delicate footing and with stock futures lower. The early going was more of the negativity and the commodity currencies and euro continued to struggle while the dollar made fresh highs.
Markets:
We came into the day on a delicate footing and with stock futures lower. The early going was more of the negativity and the commodity currencies and euro continued to struggle while the dollar made fresh highs.
Fitch affirms UK at AA- with a negative outlook
Fitch on the UK rating
From Fitch, who lowered the UK to AA- in March.
The UK’s ratings balance a high income, diversified and advanced economy against high and rising public sector indebtedness. Sterling’s reserve currency status, deep capital market and strong governance indicators support the ratings. The very long average maturity of public debt (15 years)
From Fitch, who lowered the UK to AA- in March.
The UK’s ratings balance a high income, diversified and advanced economy against high and rising public sector indebtedness. Sterling’s reserve currency status, deep capital market and strong governance indicators support the ratings. The very long average maturity of public debt (15 years)
Trump will nominate Amy Coney Barrett to Supreme Court – report
Trump set to make the announcement tomorrow
CNN reports Trump will nominate her tomorrow. She was the front-runner from the beginning. She’s only 48 years old so she could serve for a long time to come.
CNN reports Trump will nominate her tomorrow. She was the front-runner from the beginning. She’s only 48 years old so she could serve for a long time to come.
US stocks close near high. Nasdaq has first up week in 4 weeks
Dow, S&P and Nasdaq close higher for the 2nd consecutive week
The US stock indices are ending the session with gains across the board and near session highs:
The US stock indices are ending the session with gains across the board and near session highs:
CFTC commitments of traders: The EUR longs increase and remains near records. CAD the only shorts.
CFTC commitments of traders data for the week ending September 22, 2020.
Highlights:
Highlights: