S&P 500 Futures cheer stimulus hopes, Trump’s optimsim to attack five-week top
S&P 500 Futures rises for the third day while piercing 3,450.
White House takes another U-turn on stimulus talks, prefers large-scale aid package off-late.
China joins WHO’s global COVID-19 vaccine program after returning from one week-long holidays.
Brexit woes, increasing virus cases in Europe
Euro Mixed Ahead Of PMI Reports
At 3.45 am ET Thursday, IHS Markit publishes Italy's manufacturing PMI data. Final PMI survey results are due from France and Germany at 3.50 and 3.55 am ET, respectively. At 4.00 am ET, Eurozone final manufacturing PMI data is due.
Ahead of these data, the euro traded mixed against its major rivals
Australia’s AUSTRAC Issues $1.24 Million Fine to State Street
Photo: Finance Magnates
The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced this Wednesday that it has issued an infringement notice to State Street Bank and Trust Company, for failing to report international funds transfers.
In particular, the government financial intellige
Gold Price Analysis: XAU/USD searches for clues to extend recovery moves beyond $1,950
Gold prices struggle to keep the previous day’s pause to two-day losing streak.
Risk-on sentiment continues even as traders await China data dump.
No-deal Brexit fears gain momentum after Tories squash attempt to block the Internal Market Bill.
US eases travel advisory concerning China, Hong Kong.
Oil - heads up for the inventory data due around the bottom of the hour
Coming up soon - private inventory data
The inventory report is released to subscribers and hit's media in the moments following.
Platts surveys show analysts look for a draw of 3.8 million-barrel build in the week - which would be the fourth consecutive week of decline.
Government data, EIA, i
Silver Price Analysis: XAG/USD slips below $29.00 but buyers stay hopeful
Silver bears attack lower-end of $28.66-$29.27 trading range.
Bearish MACD, RSI conditions favor the sellers, short-term ascending trend lines restrict further declines.
$30.00 becomes the key upside barrier beyond $29.30 immediate resistance.
Silver prices drop to $28.78, down 1.11% on a day, amid
JPX Reports 12.4% YoY Uptick in Operating Revenue in Q1
Photo: Bloomberg
The Japan Exchange Group, Inc. (JPX) joins the growing list of companies to publish their financial results, with the exchange operator revealing its financial performance for the three months ended on the 30th of June 2020 this Wednesday.
JPX operates multiple securities exchange
OKEx Expands Crypto Options Offering with New Expiration Dates
Photo: FM, Binary options have been a popular tool for defrauding investors
OKEx, which claimed over $1.2 billion of crypto trading volumes in the last 24 hours, has rolled out three more expiration dates to its options trading. The product addition will help traders take advantage of volatility,
White House’s Meadows: Trump administration opposed short-term extension of Federal unemployment benefits – Politico
Early Thursday morning in Asia, Politico came out with the news suggesting that the Trump administration is opposed to a short-term extension of the enhanced federal unemployment benefits.
The update cites the White House Chief of Staff Mark Meadows said, “the Trump administration and Senate Republi
BGC Partners Closes $300 Million Senior Notes Offering
Photo: Finance Magnates
BGC Partners, Inc., a global brokerage, announced this week that it has closed its offering of $300 million aggregate principal amount of 4.375 per cent senior notes as of the 10th of July 2020.
As highlighted by the brokerage, the notes are general senior unsecured obligat
Brexit July deadline is history, now what?
The UK had until June 30 to request a Brexit extension. That deadline is now history.
Negotiation Tactics
The ultimate deadline is the end of the year. Is there still time for a deal of any kind?
Eurointelligence comments Maybe They are Not Negotiating After All.
Philippe Lamberts MEP shared an in
AUD/JPY bulls back in the driver's seat, eye break of 75 level
AUD/JPY is trading towards a break of the 75 level as risk appetite remains elevated.
COVID-19 cases in there US have been sidestepped by investors expecting a continued economic global recovery.
AUD/USD was on the front foot overnight and was lifting the crosses higher with it as US dollar outfl
NZD/USD: Bulls attack three-week high above 0.6900
NZD/USD seesaws around 0.6540, the highest level since June 11.
Traders seem to ignore coronavirus updates from the US amid concerns that increased testing could be the reason.
US-China tussle may escalate following America’s air exercise to the South China Sea.
New Zealand’s ANZ Commodity Price Ind
