Weekly FX speculative positioning data from the CFTC
Schlagwort-Archiv: Currency
Wild up and down day for US equities. Major indices close lower for the 2nd consecutive day
S&P and NASDAQ break 5 week win streak
It was a wild up and down trading day for the major US stock indices. At the end of the day the major indices all fell. For the week they also declined. The NASDAQ index was the weakest today and also for the week.
It was a wild up and down trading day for the major US stock indices. At the end of the day the major indices all fell. For the week they also declined. The NASDAQ index was the weakest today and also for the week.
ForexLive European FX news wrap: Mostly quiet in the NFP countdown
Forex news from the European trading session – 4 September 2020
Headlines:
Markets:
– CAD leads, CHF lags on the day
– European equities mixed; E-minis flat
Headlines:
Markets:
– CAD leads, CHF lags on the day
– European equities mixed; E-minis flat
BOE’s Saunders: It is likely that additional easing will be appropriate
Comments by BOE policymaker, Michael Saunders
– Rebound in activity appears to be a bit faster than in May forecast
– But the rebound has reflected a benign window, which may be closing now
This will just bring more attention to the topic of negative rates for the BOE, especially with the spectre of a no-deal Brexit looming
– Rebound in activity appears to be a bit faster than in May forecast
– But the rebound has reflected a benign window, which may be closing now
This will just bring more attention to the topic of negative rates for the BOE, especially with the spectre of a no-deal Brexit looming
BOE’s Saunders: I am not theologically opposed to negative rates
Further comments by Saunders
– BOE did not discuss negative rates in August meeting
– Review of negative rates is not finished
– Review will look at indirect effects on banks, lending
An interesting choice of word there by Saunders i.e. ‚theologically‘ in the sense that his central bank beliefs does not exclude pursuing negative rates as an option
– BOE did not discuss negative rates in August meeting
– Review of negative rates is not finished
– Review will look at indirect effects on banks, lending
An interesting choice of word there by Saunders i.e. ‚theologically‘ in the sense that his central bank beliefs does not exclude pursuing negative rates as an option
White House asks US agencies to detail all China-related funding – report
Reuters reports on the matter, citing a document from the White House
It is reported that the US has asked all government agencies for details of any funding that either supports or counters China and its business practices, amid escalating tensions between the two countries.
It is reported that the US has asked all government agencies for details of any funding that either supports or counters China and its business practices, amid escalating tensions between the two countries.
WHO: Not expecting to see widespread coronavirus vaccination until the middle of next year
Says want to see data from all different vaccines to get a clear idea of which are actually offering protection
It will be tough to imagine how this isn’t going to be politicised despite the Covax scheme. Plenty of countries have already done private deals with pharmaceutical firms and that is going to be how this
It will be tough to imagine how this isn’t going to be politicised despite the Covax scheme. Plenty of countries have already done private deals with pharmaceutical firms and that is going to be how this
Schumer: GOP stimulus proposal is completely inadequate
Says that GOP are moving even further in the wrong direction
The battle rages on between US lawmakers on the coronavirus relief plan and Schumer’s remarks above are pretty much the same as what we have heard for over a month now. The clock is ticking as we move further down the fiscal cliff, as time
The battle rages on between US lawmakers on the coronavirus relief plan and Schumer’s remarks above are pretty much the same as what we have heard for over a month now. The clock is ticking as we move further down the fiscal cliff, as time
US August Challenger layoffs 116k vs 263k prior
Latest data released by Challenger, Gray, and Christmas Inc
– 263k
Job cuts by US-based employers fell in August compared to July, but the cumulative count this year sees total layoffs hit 1.963 million – surpassing the previous annual all-time high in 2001 of 1.957 million layoffs.
– 263k
Job cuts by US-based employers fell in August compared to July, but the cumulative count this year sees total layoffs hit 1.963 million – surpassing the previous annual all-time high in 2001 of 1.957 million layoffs.
Thailand reports first locally transmitted coronavirus case since late May
Thailand sees its first locally transmitted case after 100 days
The new case was confirmed to be an inmate of a prison in Bangkok, shortly after the incarceration took place. The patient’s history showed that he had stayed with his family before being lodged in jail, raising fears that there is a wider spread of the
The new case was confirmed to be an inmate of a prison in Bangkok, shortly after the incarceration took place. The patient’s history showed that he had stayed with his family before being lodged in jail, raising fears that there is a wider spread of the