Thursday, October 1, 2020

Asia-Pacific Wrap


ForexLive Asia FX news wrap: Risk slips a little as Trump close contact test positive

Forex news for Asia trading Friday 2 October 2020 Early hours in Asia saw US coronavirus economic relief bill news passing (more in the bullets above) but the long story short is that the two sides are still reaching for a compromise. The House passed the Democrat support bill, which at $2.2tln is so far unpalatable to the Republican side and so will... Read full article


Trump says he is quarantining while awaiting COVID-19 test results

Trump said earlier in a Fox interview that he and his wife have taken tesats, awaiign results I've noted elsewhere that being tested this soon after exposure to a confirmed case may not be definitive given the incubation period of the virus inside the human body. Anyway, Trump get's better medical advice than I can purport... Read full article


There is likely to be further selling to go on the Hope Hicks COVID-19 infection news

The reports now are that White House officials were aware the Hicks had contracted the virus on Wednesday evening. What this means is that Hicks was positive when flying aboard Air Force 1 with Trump on the same day.... Read full article


Trump speaking on Fox says he condemns white supremacists

Trump in an interview with Fox celebrity Hannity he condemns white supremacy: "I condemn the KKK, I condemn all white supremacists, I condemn the "Proud Boys." Trump got into strife by not doing so during the debate earlier in the week, seeming instead to endorse such violent groups.... Read full article


Goldman Sachs on all the factors that trump the election impact on US stock markets

Goldman Sachs nominate that the status of a vaccine, the path of the economic recovery, and Fed policy will all be more important in determining equity valuations than the outcome of the election, over a medium-term horizon.... Read full article

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FX option expiries for Thursday October 01 at the 10am NY cut

EUR/USD

  •  1.1600 2.9bn EUR amount 
  •  1.1650 679m
  •  1.1680 1.2bn
  •  1.1685 804m
  •  1.1700 656m
  •  1.1750 525m
  •  1.1775 561m
  •  1.1800 1.5bn
 USD/JPY
  •  105.00 1.3bn
  •  105.30 760m
  •  105.50 399m
  •  105.70 705m
  •  105.80 699m
  •  105.90 575m
  •  106.10 379m
  •  106.15 456m
  •  106.60 360m
  •  106.70 365m
 GBP/USD
  •  1.3000 284m GBP
 AUD/USD
  •  0.7150 751m AUD
  •  0.7170 524m
 EUR/GBP
  •  0.9000 376m euro amount 
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