Current market conditions may keep the price of gold afloat as the FOMC appears to be on track to retain the current policy at the next rate decision on September 16.
Big week ahead, the Fed’s Jackson Hole Symposium (Powell will speak)
Jackson Hole is the focus, its a virtual meeting so there will be no back-room deals (or poker games).
Earlier previews of the event:
The theme of the symposium is:
Earlier previews of the event:
The theme of the symposium is:
Forexlive Americas FX news wrap: US existing home sales surge
Forex news for North American trading on August 21, 2020
Data on the US came out better-than-expected today, with the housing rebound continuing. The existing home sales data for July (accounts for 90% of US housing transactions) rose to 5.86 million vs. 4.70 billion in the previous month and above the estimate of 5.41 million. The
Data on the US came out better-than-expected today, with the housing rebound continuing. The existing home sales data for July (accounts for 90% of US housing transactions) rose to 5.86 million vs. 4.70 billion in the previous month and above the estimate of 5.41 million. The
Texas Covid cases rise by 5023 vs. 4923 yesterday
Texas COVID
statistics
The Texas Covid cases rose by 5023 vs. 4923 yesterday. Looking at the chart below, the daily case count has been moving slowly back to the downside after peaking above 12,000 in July.
statistics
The Texas Covid cases rose by 5023 vs. 4923 yesterday. Looking at the chart below, the daily case count has been moving slowly back to the downside after peaking above 12,000 in July.
S&P and NASDAQ index close at record highs
Dow industrial average leads the way
The final numbers are showing:
For the week, the NASDAQ led the way. The Dow industrial average ended the week unchanged.
The final numbers are showing:
For the week, the NASDAQ led the way. The Dow industrial average ended the week unchanged.
CFTC commitment of traders: EUR longs remain near record levels
Weekly FX speculative positioning data from the CFTC
– EUR long 197K vs 200K long last week. Longs trimmed by 3K
– GBP long 7K vs 3k short last week. Positioned reversed to long.
– EUR long 197K vs 200K long last week. Longs trimmed by 3K
– GBP long 7K vs 3k short last week. Positioned reversed to long.
Lackhersteller: Zwölf-Milliarden-Dollar-Deal: Wuthelam übernimmt Mehrheit an Nippon Paint
Die Holding des Milliardärs Goh stockt ihre Anteile am Lackhersteller auf 58,7 Prozent auf. Es ist in Japan der größte Deal des Jahres – und ein Trend.Geplatzte Übernahme: Qiagen-Aufsichtsratschef Hakan Björklund geht – Larry Rosen rückt nach
Nach der gescheiterten Übernahme des Diagnostikkonzerns durch Thermo Fischer verlässt der Chefaufseher das Unternehmen. Gründe werden nicht genannt.Gehalt, Geschäft, Miete: Verhandlungen in Krisenzeiten: Diese Fehler sollten Führungskräfte vermeiden
In der Pandemie müssen Mietverträge und Lieferkonditionen neu verhandelt werden – und das auch noch per Videokonferenz. Vier Situationen aus dem Alltag und wie Manager sie meistern.Corona-Pandemie: Wirtschaft fürchtet Milliardenschaden bei Karnevalsabsage
Der Karneval ist in den Hochburgen ein enormes Geschäft und wichtiger Wirtschaftsfaktor. Eine bundesweite Absage würde viele Unternehmen empfindlich treffen.