White House on the call between Biden and Xi
The White House is out saying:
The White House is out saying:
Schlagwort-Archiv: USD
US stocks heading lower. NASDAQ below its 100 hour moving average
NASDAQ index trading to a new session low
The NASDAQ index is now trading at new session lows down about -60 points or -0.39% at 15187.40.
The NASDAQ index is now trading at new session lows down about -60 points or -0.39% at 15187.40.
The Dow is down -146 points or -0.42% at 34731.
China market regulator says that it has fined three auto chip sales companies for driving up prices
The broad crackdown across multiple sectors continues in China
No details just yet but just be wary of this as it plays to the wider regulatory measures being imposed across the Chinese market as of late.
No details just yet but just be wary of this as it plays to the wider regulatory measures being imposed across the Chinese market as of late.
PBOC says will steadily push forward with research and development of digital yuan
Remarks by the PBOC on the prospects of a digital yuan
In case you missed Eamonn’s earlier in the day and how this ties to the crackdown of Alibaba and other firms threatening China’s financial payments system.
In case you missed Eamonn’s earlier in the day and how this ties to the crackdown of Alibaba and other firms threatening China’s financial payments system.
US futures keep higher ahead of North American trading
Equities in a better mood towards the end of the week
Dip buyers in the S&P 500 and Dow will be looking to snap a four-day losing streak, as risk sentiment looks to be holding firmer in the final trading day this week.
Dip buyers in the S&P 500 and Dow will be looking to snap a four-day losing streak, as risk sentiment looks to be holding firmer in the final trading day this week.
ECB leaves key rates unchanged in September monetary policy meeting, as expected
ECB announces their latest monetary policy decision – 9 September 2021
In any case, as mentioned earlier , the optics may suggest a more hawkish tilt but essentially this will be balanced out by continued (and likely higher) APP purchases once the PEPP envelope expires in March next year.
So, it is basically just an operational/technical taper
In any case, as mentioned earlier , the optics may suggest a more hawkish tilt but essentially this will be balanced out by continued (and likely higher) APP purchases once the PEPP envelope expires in March next year.
So, it is basically just an operational/technical taper
ForexLive European FX news wrap: Dollar slightly lower, ECB coming up
Forex news from the European trading session – 9 September 2021
Headlines:
Markets:
– GBP leads, CAD lags on the day
– European equities lower; S&P 500 futures down 0.2%
Headlines:
Markets:
– GBP leads, CAD lags on the day
– European equities lower; S&P 500 futures down 0.2%
Japan PM Suga: Virus cases are declining but the spread of infections is not over yet
Remarks by Japanese prime minister, Yoshihide Suga
His final acts as prime minister would arguably be to try and get the country on the right path in countering the virus trend and in the past two weeks, that seems to be the case at least as vaccinations (49% of population fully vaccinated) also pick up.
His final acts as prime minister would arguably be to try and get the country on the right path in countering the virus trend and in the past two weeks, that seems to be the case at least as vaccinations (49% of population fully vaccinated) also pick up.
EMA vaccine strategy head says still uncertain when booster shots should be considered
Adds that EMA expects to decide on Pfizer filing for booster shots in a few weeks from now
For now, authorities are still calm on the need for booster shots but I reckon they would be a more important topic as we approach the winter months of this year.
For now, authorities are still calm on the need for booster shots but I reckon they would be a more important topic as we approach the winter months of this year.
Fed’s Bostic: The door remains open to taper bond purchases this year
Atlanta Fed president, Raphael Bostic, remarks in an interview with the WSJ
– Does not expect a call on tapering at this month’s FOMC meeting
– But believes Fed will be able to taper later this year
There is a subtle shift in the Fed’s taper narrative as the US non-farm payrolls miss on Friday last week sowed
– Does not expect a call on tapering at this month’s FOMC meeting
– But believes Fed will be able to taper later this year
There is a subtle shift in the Fed’s taper narrative as the US non-farm payrolls miss on Friday last week sowed