ForexLive European FX news wrap: A quiet one to start the week Forex news from the European trading session - 30 August 2021 Headlines: Markets: - CAD leads, CHF lags on the day - European equities a little higher; S&P 500 futures up 0.1%
China cuts children's online gaming to one hour Regulators are restricting game-playing for under 18s to an hour on Fridays, weekends and holidays
US futures a touch higher ahead of North American trading It has been a calm and steady session There isn't much to really shake things up as there weren't any major headlines and with London also out today, it is making for a bit of a quieter session.
Home Flipping Becomes Virtual Reality The pandemic seems to have dispelled some of the doubts about using technology to flip homes as it became a necessity rather than an option in many cases.
Unfinished Tractors, Pickup Trucks Pile Up as Components Run Short Supply-chain problems are causing order backlogs and cutting into sales volumes for companies like Cleveland-Cliffs, Honeywell and Illinois Tool Works.
UK Pound Forecast: Sterling Setups for the Week Ahead, GBP/USD, EUR/GBP Sluggish Sterling expected due to UK holiday but the outlook is set to pick up ahead of major event risk later this week. GBP setups considered
Oil and gasoline futures gyrate after Ida disrupts production. Major oil and gas companies prepared for the hurricane by shutting down more than 90 percent of production and evacuated workers from platforms in the area.
Support.com, Zoom, Hill-Rom: What to Watch When the Stock Market Opens Today Wall Street indexes are on track to hover near their records at the open.
Oil and Gasoline Futures Feel Impact of Hurricane Ida Major oil and gas companies prepared for the hurricane by shutting down more than 90 percent of production and evacuated workers from platforms in the area.Gas pumps at a station in Gulf Hills, Miss., on Friday as residents prepared for Hurricane Ida.
Amazon strikes a deal with Affirm, the buy-now pay-later provider. Affirm said it had reached an agreement with the online retail giant to provide its customers with monthly payment plans for purchases of $50 or more.Amazon and Affirm are testing a monthly payment option that will be open to more customers in the coming months, Affirm said on Friday.
Bret Devereaux on Ancient Greece and Rome Historian Bret Devereaux of the University of North Carolina talks with EconTalk host Russ Roberts about our understanding of the ancient Greeks and Romans. Devereaux highlights the gap between the reality of Greece and Rome and how they’re portrayed in popular culture.
Electorate May Want Both Afghan Pullout and Non-Pullout A recent NBC/YouGov opinion survey showed that nearly two-thirds of American adults agree with the pullout from Afghanistan (see question 4). Can we infer that the electorate prefers a pullout to maintaining a small military in Afghanistan or even to a “forever war”? Not at all, as the “Condorcet paradox” demonstrates.
China FX regulator reportedly surveyed banks, companies on yuan risk Reuters reports, citing three banking and policy sources It is being said that China's FX regulator, SAFE, has been conducting an atypical survey of banks and companies to check on their risk management process and ability to handle volatility in the yuan currency.
Covid-19 Surge in Asia Threatens Manufacture of Ceramic Bits in iPhones and PlayStations The biggest maker of the tiny critical component shuts a factory for week, highlighting role of the “rice” of electronics.
Direct Listings Have Paid Off for Investors So Far Warby Parker and other tech companies show direct listings are here to stay as such stocks have been a solid bet.
United Jets With Engines in Denver Incident May Not Fly Until Next Year Federal regulators are weighing additional safeguards for some of the airline’s Boeing 777s after a February engine incident over Colorado.
EUR/USD Price Forecast: Fed and ECB Accommodative as Euro Opens Flat European consumer confidence data did little to sway the subdued EUR/USD start to trading this week as traders look ahead to key Euro and dollar economic data while technicals take over.
Hurricane Ida weakens to a tropical storm - NHC The latest update on Ida From the NHC: Tropical Storm #Ida Advisory 17: Ida Now a Tropical Storm Over Southwestern Mississippi. Dangerous Storm Surge, Damaging Winds, and Flash Flooding Continue Over Portions of Southeastern Louisiana and Southern Mississippi.
Ivermectin Demand Surges Though It Doesn’t Work for Covid-19 Prescriptions for ivermectin have jumped to more than 88,000 per week, some pharmacists are reporting shortages and people are overdosing on forms of the drug meant for horses.Scientists have warned against taking ivermectin, an anti-parasite drug, as a treatment for Covid-19.
Schemer or Naïf? The Trial of Elizabeth Holmes The trial for the founder of Theranos, the once high-flying blood testing start-up, will cap a saga of Silicon Valley hubris, ambition and deception.Elizabeth Holmes, the founder of Theranos, faces 12 counts of fraud and conspiracy to commit wire fraud.
Eurozone August final consumer confidence -5.3 vs -5.3 prelim Latest data released by Eurostat - 30 August 2021