Bank of Canada policy meeting Wednesday 8 September 2021 - no change expected The real quick preview of what to expect from the BoC monetary policy meeting today is that its widely expected to delay any further tapering of QE: For a little more, earlier preview here:
Westpac target year-end AUD/USD at 0.75 An update from WPAC on the Australian dollar. Outl;look: WPAC cite: ---- Weekly candles AUD/USD:
800,000 New Yorkers Just Lost Federal Unemployment Benefits Many pandemic-era federal programs expired on Sunday, leaving jobless New Yorkers with more modest state unemployment benefits, or no aid at all.“To just cut people off, it’s ridiculous and it’s unethical and it’s evil,” said Travis Curry, 34, a freelance photographer who will lose roughly $482 in weekly assistance.
Central Bank Watch: BOC, RBA, ＆amp; RBNZ Interest Rate Expectations Update Delta variant concerns and political considerations are changing the narrative around the BOC, RBA, and RBNZ as September begins.
Trade ideas thread - Wednesday 8 September 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:
ForexLive Americas FX news wrap: Dollar strengthens, crypto crashes Forex news for New York trade on September 7, 2021: Markets: - Gold down $29 to $1794 - WTI crude down 87-cents to $68.42 - S&P 500 down 12 points to 4522 The news flow as ultra-light today but the price action certainly wasn't with large moves everywhere, particularly in crypto, where ethereum fell nearly 25% in a sudden crash
Canada They Bought the Opposition O’Toole ＆ Trudeau Erin O’Toole COMMENT: Hi Mr. Armstrong. Hope you are well Sir. My name is [R]. I wrote you a few years ago. Writing you from Canada. Just a note on our election here.
NASDAQ record close. S＆P and Dow down. Mixed results for the major indices The NASDAQ index closed at another record high. The S&P and Dow industrial average did not fare as well. Each closed lower with the Dow industrial average the worst performer of the 3 major indices.
Federal Reserve Regional Presidents stock trading - Dallas Kaplan the big swinger The Wall Street Journal have published a piece on the 2020 stockmarket trading of Fed officials. Dallas Fed President Mr. Kaplan had a total of 27 individual stock, fund or alternative asset holdings each valued at over $1m
What's in the portfolio of Dallas Fed President Robert Kaplan? Have a look Kaplan was active in buying and selling stocks in 2020. He's also a part owner of the Kansas City Royals While Dallas Fed President Robert Kaplan was advocating for unlimited quantitative easing last year he was also buying and selling stocks, the Wall Street Journal .
Economic calendar due from Asia today - Wednesday 8 September 2021 2350 GMT from Japan brings Bank Lending data for August and also Q2 GDP. The preliminary Japan Q2 GDP data can be found here: At 0130 GMT the RBA release its latest 'Chart Pack' which summarises macroeconomic and financial market trends in Australia and gives some indicators for Australia's major trading partners also.
'I asked for flexible hours but ended up resigning' Alice Thompson was awarded £185,000 after being told she could not work shorter hours to pick up her child.
NASDAQ on track for is fourth straight day of gains There just sort of off balance all day long Dow Jones its worst day since August 26 the NASDAQ is on track for its fourth straight day of gains. The index is currently up 30.51 points or 0.2% at 15393.73.
WTI crude oil futures settle at $68.35 Down $0.94 or -1.36% The high for the day reach $69.48. The low extended to $67.64. The price today stayed below a swing area between $69.48 and $69.64 (see green numbered circles).
S＆amp;P 500 Outlook: Will There Be a Market Correction in the Near-Term? Slowing economic growth, deteriorating market breadth, elevated valuations, seasonal weakness and the prospect of higher corporate taxes pose risks to the S&P 500 in the near term.
In Silicon Valley, Criminal Prosecutors See No Evil The Elizabeth Holmes fraud trial is set to be a major spectacle, but tech executives generally get a pass when it comes to wrongdoing.The trial of Elizabeth Holmes, the founder of the now-defunct blood testing company Theranos, is set to begin on Wednesday in San Jose, Calif.
USDJPY makes another try into the topside swing area Can the traders push outside the up and down range? The USDCHF traded to a new session high over the last hour or so, and in the process, the price moved above the 0.91846 to 0.91915 area - albeit briefly.
Tuesday assorted links 1. Redux of my 2006 post on global warming. 2. Interview with Steven Pinker about his new rationality book (NYT). 3. What is wrong with book reviews? 4. Overstated, unreasonable, and too polemic, but if you wish to read a critique of the Bangladesh mask RCT…