Thursday, October 22, 2020

Asia-Pacific Wrap


Japan/UK sign post Brexit free trade agreement

There is a deal being down somewhere at least. Japan Foreign Minister Motegi speaks in Tokyo on UK trade deal... Read full article


USD weakens a bit as worries on a dumpster fire debate fizzles

Stocks steady The forex market is weakening a bit. The expected "Dumpster Fire II" debate did not happen. At the very least, both candidates got to say what they wanted to say. Both did better than the last debate. Pres. Trump was coming from a lower low. There are still major differences and views on things... Read full article


Pres. Trump: Nancy Pelosi does not want to pass new stimulus

The debate is well....a debate The debate is actually a good debate. Both candidates are waiting their turns and the moderator is doing a good job in controlling the flow.. The e-mini futures are steady.... Read full article


PBOC sets USD/CNY reference rate for today at 6.6703 (vs yesterday's 6.6502)

Central rate for on shore yuan trading for session ahead set by the People's Bank of China The People's Bank of China set the USD/CNY reference rate at 6.6703. The reference rate is higher (lower yuan) than the fix at... Read full article


The Presidential debate begins.

Highlights of the debate E-mini was trading down -4.58 points at the start of the debate. Pres. Trump... Read full article

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Dollar comes up for air after the London fix

Some dip buying

The dollar is showing a slight pulse following the London fix. It's been trounced today on several fronts but it's gotten extreme on a few of them; GBP/USD in particular.

Cable hasn't come down much but the good news on Brexit is all out there.

Some dip buying

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