Stress test results announced by the Fed
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Stress test from the Federal Reserve
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Stress test from the Federal Reserve
Schlagwort-Archiv: USD
Stocks close lower after setting intraday highs
Major indices rebounded into the close but and lower
– NASDAQ snaps a 4 day winning streak
– Each of the major indices set intraday all-time highs
– S&P 500 snaps a 3 day win streak
– NASDAQ snaps a 4 day winning streak
– Each of the major indices set intraday all-time highs
– S&P 500 snaps a 3 day win streak
Wilbur Ross confirms that US has moved to blacklist China’s top chipmaker SMIC
US commerce secretary, Wilbur Ross, confirms the earlier report
This relates to the earlier report at the start of the session (⬆). Ross adds that there is a total of 77 companies that is being added to the so-called entity list.
This relates to the earlier report at the start of the session (⬆). Ross adds that there is a total of 77 companies that is being added to the so-called entity list.
Brexit: European Commission says it is unknown if or when there will be a deal
Says that many issues still remain on fisheries
That is largely to do with ratification before the year-end i.e. possible brief period of no-deal after 31 December if both sides can eventually reach a compromise.
That is largely to do with ratification before the year-end i.e. possible brief period of no-deal after 31 December if both sides can eventually reach a compromise.
UK December CBI trends total orders -25 vs -40 expected
Latest data released by UK CBI – 18 December 2020
The CBI readings are a survey on manufacturers to rate the level of volume for orders expected during the next 3 months.
The CBI readings are a survey on manufacturers to rate the level of volume for orders expected during the next 3 months.
China says prudent monetary policy to be more reasonable in 2021
Comments via Chinese state media, Xinhua
Essentially, China is keeping the status quo as we look towards the new year. It was earlier this month that policymakers were comfortable with letting the yuan run further to the upside, and that remains the case as we look to round off the year.
Essentially, China is keeping the status quo as we look towards the new year. It was earlier this month that policymakers were comfortable with letting the yuan run further to the upside, and that remains the case as we look to round off the year.
Pound falls to fresh lows for the day, Brexit agreement remains elusive
GBP/USD closes in on 1.3500 in European morning trade
The quid is hitting fresh lows on the day now with cable easing back towards 1.3500 and testing the 23.6 retracement level of the recent swing higher @ 1.3509.
The quid is hitting fresh lows on the day now with cable easing back towards 1.3500 and testing the 23.6 retracement level of the recent swing higher @ 1.3509.
BOE leaves bank rate unchanged at 0.10%
BOE announces its latest monetary policy decision – 17 December 2020
The pound continues to thrive on Brexit deal hopes
The pound is one of the top performers today, alongside the aussie and kiwi
Cable is trading to fresh highs since April 2018 above 1.3600 but that also owes partly to the weaker dollar story. The pound on its own is trading higher on the day and that is more clearly reflected in EUR/GBP and GBP/JPY.
Cable is trading to fresh highs since April 2018 above 1.3600 but that also owes partly to the weaker dollar story. The pound on its own is trading higher on the day and that is more clearly reflected in EUR/GBP and GBP/JPY.
EU’s Barnier says talks showing good progress, but last stumbling blocks remain
The usual stuff that we’ve been hearing for months on end
In this final stretch of talks, transparency & unity are important as ever: Debriefed @Europarl_EN Conference of Presidents this morning on EU-UK negotiations.
For those who missed out, talks are likely to stretch on until the weekend again in hopes of a breakthrough or compromise.
In this final stretch of talks, transparency & unity are important as ever: Debriefed @Europarl_EN Conference of Presidents this morning on EU-UK negotiations.
For those who missed out, talks are likely to stretch on until the weekend again in hopes of a breakthrough or compromise.