Technology stocks continue to be a source of weakness for US equities, undermining risk appetite. Meanwhile, US-China tensions simmer beneath the surface creating uncertainty.
Archiv für den Monat: September 2020
New Zealand Dollar Outlook: NZD/USD May Rise on RBNZ, Watch S&P 500
The growth-linked New Zealand Dollar may rise on the upcoming RBNZ rate decision following rosy economic data. However, downside potential in the S&P 500 could offset NZD/USD gains.
CAD/JPY was the biggest FX mover this week
NZD was also strong
The yen was the top performer this week while the kiwi lagged. On its face, that fits in nicely with the ‚risk off‘ theme but the old risk on/off paradigm hasn’t applied for a long time. Neck-and-neck with the yen as the top performer was the New Zealand dollar.
The yen was the top performer this week while the kiwi lagged. On its face, that fits in nicely with the ‚risk off‘ theme but the old risk on/off paradigm hasn’t applied for a long time. Neck-and-neck with the yen as the top performer was the New Zealand dollar.
ForexLive Americas FX news wrap: Dollar climbs as equities slump
Forex news for North American trading on September 18, 2020:
Markets:
– Gold up $6 to $1950
– WTI crude oil down 4 cents to $40.93
– US 10-year yields up 0.6 bps to 0.695%
Quadruple witching was the buzz on Friday and selling equities was the trade. They opened higher initially but fell shortly after the open for a
Markets:
– Gold up $6 to $1950
– WTI crude oil down 4 cents to $40.93
– US 10-year yields up 0.6 bps to 0.695%
Quadruple witching was the buzz on Friday and selling equities was the trade. They opened higher initially but fell shortly after the open for a
Major indices close in the red. S&P and NASDAQ post the 3rd straight losing week
S&P leads the way to the downside today
The final numbers are showing:
For the week, each of the major indices close lower:
The final numbers are showing:
For the week, each of the major indices close lower:
CFTC commitments of traders: Traders trim some of the EUR longs
Weekly commitments of traders data for the week ending September 15, 2020
– EUR long 179K vs 198K long last week. Longs decreased by 19K
– GBP long 2K vs 13k long last week. Longs decreased by 11K
– EUR long 179K vs 198K long last week. Longs decreased by 19K
– GBP long 2K vs 13k long last week. Longs decreased by 11K
London mayor says it’s increasingly likely that additional measures will be required
Comments from the London mayor
One lockdown is tough, but people endure. A second lockdown is depressing. Now I don’t think we’re going to see a March-style lockdown anywhere but I wouldn’t feel too great about being a pub owner.
One lockdown is tough, but people endure. A second lockdown is depressing. Now I don’t think we’re going to see a March-style lockdown anywhere but I wouldn’t feel too great about being a pub owner.
Video-Plattform: TikTok geht gerichtlich gegen US-Verbotsankündigung vor
Die US-Regierung hatte am Freitag ein Downloadverbot gegen die Kurzvideo-App verhängt. Nun hat Tik Tok bei einem Bundesgericht Klage eingereicht.Onlinehandel : Tschechisches Start-up will Amazon Fresh in Deutschland Konkurrenz machen
Gründer Tomas Cupr startet im kommenden Jahr einen Lebensmittellieferdienst in München. Und er hat schon zehn weitere deutsche Großstädte im Visier.Medienkonzern: Bertelsmann baut 100 Stellen in der Hauptverwaltung ab
Die Coronakrise zwingt den Medienkonzern zu Einsparungen. Am Stammsitz in Gütersloh wird Personal abgebaut. Die Kosten sollen so jährlich um 35 Millionen Euro sinken.