2 Reserve Bank of Australia events on Friday 6 August 2021 - Governor Lowe testimony As noted earlier, a couple of RBA events due today. - speaking in front of the House of Representatives Standing Committee on Economics - will be doing so online with Sydney in lockdown
Gold Star Families Accuse Major Banks of Aiding Terrorists A new lawsuit says the banks, including Deutsche Bank and Standard Chartered, ignored warnings that their customers were helping to finance attackers targeting Americans in Afghanistan.Standard Chartered’s banking relationship with Pakistani fertilizer producers is part of a lawsuit with hundreds of plaintiffs.
NBC Tries to Salvage a Difficult Olympics The pandemic has dimmed what is typically a festive television event, contributing to low ratings and complaints from advertisers.Television ratings for the first night of the Tokyo games were the lowest for an Olympics opening ceremony in 33 years.
Forexlive Americas FX news wrap: Forex markets consolidate in NA trading Forex news for North American trading on August 5, 2021 It's a day closer to the key US jobs report tomorrow and it was evident in some of the price action. Risk focused traders might be "waiting this one out". When you expect 850K new jobs, and you have a "proxy" like the ADP job report come
Forexlive Americas FX new wrap: Forex market waffles up and down ahead of the US jobs report. S＆P and Nasdaq close at record highs. Forex news for North American trading on August 5, 2021 It's a day closer to the key US jobs report tomorrow and it was evident in some of the price action. Risk focused traders might be waiting this one out as when you expect 850K new jobs, and you have a "proxy" like the ADP job
China July trade balance due Friday 6 August 2021 (approx 0300 GMT) The time of release for this data can be quite flexible, sometime around 0300 GMT is likely. In USD terms: Trade balance: expected $52bn, prior was $51.5bn Exports:
Trade ideas thread - Friday 6 August 2021 Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:
More from Fed's Kashkari - says cryptocurrency market is akin to the "wild west", is "full of nonsense" Head of the Federal Reserve bank in Minneapolis Neel Kashkari Kashkari Earlier (more substantive) comments: Weighs in with his views on crypot ....
US Senator Manchin tries to undercut Federal Reserve independence - wants taper Manchin trying to pressure Powell and the FOMC with a tweet:
Fed's Kashkari speaking - says economy still in a deep hole, up tp 9m jobless Head of the Federal Reserve bank in Minneapolis Neel Kashkari Kashkari is very much at the more dovish end of the FOMC spectrum. These comments are not indicating he is swinging towards a more hawkish outlook.
Here’s what happened in the markets today. Stocks rose in early trading, and the Labor Department said jobless claims declined slightly last week.
CNN fires three employees who went into the office unvaccinated. The network has been relying on an honor system rather than requiring proof of vaccination status.CNN said this year that employees would need to be vaccinated against the virus to return to its American offices.
S＆P and NASDAQ post record closes Russell 2000 index rises by 1.81%. The Dow and the Russell 2000 index also had strong days, with the small-cap index outpacing the larger cap indices with a surge higher of 1.81%.
Sunrun Appoints Mary Powell, Utility Veteran, Chief Executive Sunrun, the largest rooftop solar company, is hiring Mary Powell, who previously led Green Mountain Power, as it seeks to expand its energy offerings.Sunrun said it had picked Mary Powell, center, to help the company extend into the kinds of businesses that had been the domain of regulated electric utilities.
Economic calendar due from Asia today - RBA Gov Low speaking, and a separate RBA Statement Plenty to come from the Reserve Bank of Australia 2300 GMT - Reserve Bank of Australia Governor Lowe 2230 GMT Australia - AiG Services PMI for July
Brazilian Real Fails to Capitalize on Copom’s Hawkish Hike, USD/BRL Drifts Higher The Brazilian real fails to take advantage of the aggressive tightening cycle undertaken by Brazil's central bank, as fiscal concerns dent sentiment and drive demand for US dollars.
Amazon delays office return until 2022 as Covid spreads Amazon joins Wells Fargo and BlackRock in extending work-from-home guidance due to the pandemic.
Ex-U.S. Health Officials Call for Companies to Adopt More Safety Rules An open letter from the group recommends that private companies, which employ 124 million Americans, require staff to get vaccinated, and offers guidance if they choose not to.Tyson Foods workers got coronavirus vaccines from health officials at the company’s Wilkesboro, N.C., facility in February.
1M stolen credit cards just posted on the dark web The mix is global. CNBC is reporting that 1 million global credit cards have been released by a Russian organization called All World Cards. The card numbers date from 2018 and 2019 and that at least 20% of them are still valid.