Congress is trying to issue more aid to unemployed workers ahead of a year-end benefits cliff. Assistance will likely be delayed even if that deadline is met.
Markets Week Ahead: S&P 500, US Dollar, Fed, Stimulus, British Pound, Brexit, Gold
Will market volatility pick up heading into 2021? A rollout in the Covid vaccine is being undermined by the ongoing US fiscal stimulus gridlock. Brexit woes are taking a toll on the British Pound. …
The Bank of Canada’s last rate statement
What did we learn?
In the latest Bank of Canada statement they kept interest rates unchanged at 0.25% and their QE program unaltered too at $4 billion per week. The Bank of Canada recognised that the recovery was well underway and will adjust its QE purchases as required to help bring inflation back on target.
In the latest Bank of Canada statement they kept interest rates unchanged at 0.25% and their QE program unaltered too at $4 billion per week. The Bank of Canada recognised that the recovery was well underway and will adjust its QE purchases as required to help bring inflation back on target.
GBPUSD catches a bid
GBPUSD up higher
A little consolidation in Sunday’s gap before a lift higher for cable. Currently at 1.3354. There was no news flow for the lift.
A little consolidation in Sunday’s gap before a lift higher for cable. Currently at 1.3354. There was no news flow for the lift.
German health minister: COVID-19 infection numbers and deaths too high
Via Ransquawk
Germany has imposed restrictions starting tomorrow and running through to Jan 2021
Germany has imposed restrictions starting tomorrow and running through to Jan 2021
World Health Organisation hedges their portfolio
Of vaccines
Silver sits under key resistance
Silver set for breakout?
If the Fed do ‚twist‘ tomorrow silver could break higher out of this trend line on the daily chart. One chart to watch over the Fed meeting for sure.
If the Fed do ‚twist‘ tomorrow silver could break higher out of this trend line on the daily chart. One chart to watch over the Fed meeting for sure.