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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
Asian equities more mixed in trading today Most Asian indices are trading higher, following the more upbeat tone in Wall Street yesterday after US equities posted their best quarter since 1998. But Japanese stocks are trading lower, following the more defensive risk tone in the market so far today. The Shanghai Composite index is up
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
The latest tally This is a lagging indicator and doesn’t take into account data reported earlier today but it’s the ‘official’ tally. With 41,075 cases today, that’s 2,545,250 total cases now. The record set June 26 was 45,313. The day ahead is likely to be lower but the count tends to run later in the
Bailey is scheduled to speak later at 0930 GMT He will be speaking at the launch of the Climate Financial Risk Forum, where he will be delivering the welcome address to the webinar later today. The event is largely to help financial firms understand how they can approach climate-related risks and opportunities, so I’d imagine
Rough day for equities S&P 500 down 75 points, or 2.4%, to 3009 Nasdaq -2.6% DJIA -2.8% On the week: S&P 500 down 2.9% Nasdaq -1.9% DJIA -3.3% Despite the drama, it was an inside-week in the S&P 500: However note that it was the first close below the 200-day moving average since May 15.For
Houston, Texas hits ICU capacity This isn’t a big surprise given that local officials highlighted that they were at 93% of capacity yesterday. Something like 30% of cases in the ICU are there with COVID-19. Meanwhile, California has just declared a budget emergency due to the virus. For bank trade ideas, check out eFX Plus
Canada sovereign rating downgraded USD/CAD jumps after Fitch lowers Canada’s rating to AA+ from AAA. The outlook is stable. Canada is/was one of the few AAA-rated countries. Moody’s and S&P still have top ratings. Fitch said the downgrade reflects the deterioration of public finances resulting from the pandemic. They believe Canada will run much higher
Earthquake hits near the pacific coast of Mexico Local reports on Twitter suggest strong shaking. There was earlier shaking today at a magnitude 4.9 but that appears it was just a tremor setting up for this earthquake. An earthquake of 8.0 in Mexico 1985 killed at least 5000 people, it was located 350 km away.