Crude oil prices may extend gains after Saudi Arabia unexpectedly cut production ahead of the monthly OPEC outlook report. US fiscal stimulus bets may also underpin WTI.
Australian Dollar Outlook: Rising Commodity Prices to Drive AUD Higher
Australia’s success in suppressing the novel coronavirus and soaring commodity prices may continue to underpin the cyclically-sensitive AUD in the coming months.
Sterling (GBP) Weekly Outlook: Covid-19 Vaccination Program Underpins Sterling
Looking ahead, the British Pound will continue to draw strength from an acceleration in the UK vaccination program, despite rising infection numbers.
US stocks close higher on the day. Nasdaq leads the way.
Dow, S&P and Nasdaq closes at record close
The US stocks closed higher on the day. The Nasdaq led the way with a gain of over 1%.
The final numbers are showing:
The US stocks closed higher on the day. The Nasdaq led the way with a gain of over 1%.
The final numbers are showing:
ForexLive Americas FX news wrap: Jobs miss overshadowed by Fed and stimulus talk
Forex news for North American trade on January 8, 2020:
Market:
If you look at the FX ticker, it doesn’t look like it was much of a day in the market:
The reality was that it was full of significant developments, twists and turns.
Market:
If you look at the FX ticker, it doesn’t look like it was much of a day in the market:
The reality was that it was full of significant developments, twists and turns.
CFTC Commitment of Traders: JPY longs the largest since October 2016
Weekly forex futures positioning data from the CFTC
– EUR long 143K vs 143K long last week. Long position unchanged
– GBP long 4K vs 5K long last week. Longs trimmed by 1K
– EUR long 143K vs 143K long last week. Long position unchanged
– GBP long 4K vs 5K long last week. Longs trimmed by 1K
US may be dealing with its own more-transmissible virus variant
It may be 50% more-transmissible
A White House covid task force document seen by NBC News highlights a variant in the US that might be 50% more-transmissible and may be spurring the latest jump in cases.
A White House covid task force document seen by NBC News highlights a variant in the US that might be 50% more-transmissible and may be spurring the latest jump in cases.
US November consumer credit +$15.3B vs +9.0B expected
Consumer credit outstanding
Credit is cheap, credit is easy. But it’s even easier to get a margin loan.
Credit is cheap, credit is easy. But it’s even easier to get a margin loan.
Flugzeugbauer: Airbus liefert im Corona-Jahr 566 Jets aus und will 2021 die Produktion hochfahren
Airbus verteidigt seine Position als größter Flugzeugbauer der Welt. Doch die ursprünglich angepeilte Zahl an Auslieferungen wurde pandemiebedingt verfehlt.Branchenausblick: Für viele Reiseanbieter wird es 2021 eng: Es drohen Insolvenzen
Die leidgeprüften Urlaubsveranstalter hoffen auf die aufgestaute Reiselust der Deutschen. Für viele Pauschalanbieter und Reisebüros wird es dennoch nicht reichen.