Wednesday, September 16, 2020

European Morning Wrap


US MBA mortgage applications w.e. 11 September -2.5% vs +2.9% prior

Mortgage Bankers Association w/e Sep 11... Read full article


Thought for the day - Don't over leverage

Leverage can be a killer The use of leverage is almost certainly the most important aspect of risk management. In turn proper risk management is the top priority for all traders. Or at least it ought to be.... Read full article


Pay cuts for long term remote working ahead?

It may be for Stripe, Via Los Angeles Times Companies serve to cut costs by reducing the need for expensive office space. It looks like they may be looking to cut costs both ends by paying staff less.... Read full article


OPEC+ compliance with oil cuts at 101%

citing two sources Compliance, which is usually an issue, running at good levels. All hands to the pump for the COVID-19 crisis eh!. Or at least not to the pump ;-)... Read full article


OECD GDP projections

Organisation for Economic Co-operation and Development OECD was founded in 1961 to stimulate world trade and economic progress. Their latest GDP projections for this year and the next. China alone to keep in positive territory amongst the big players.... Read full article

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FX option expiries for Wednesday September 16 at the 10am NY cut

EUR/USD

  •  1.1835 654m euro amount 
 USD/JPY
  •  105.00 837m USD amount
  •  105.15 360m
  •  105.20 691m
  •  105.25 365m
  •  106.15 376m
  •  106.25 450m
 GBP/USD
  •  1.3000 357m GBP amount
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