Monday, August 31, 2020

European Morning Wrap


Former Japanese defence minister Ishiba says okay to assume he is running for LDP leadership

Ishiba will be a wildcard in the leadership race Opinion polls did show that he is the favourite to succeed Abe as prime minister, but internal politics can be ugly and that is something that may not work in his favour - especially with Suga getting backing from deputy prime minister Aso's camp.... Read full article


Trade ideas thread - European session 1 September 2020

Daily thread to exchange ideas and to share your thoughts Month-end flows were part and parcel of the equation but the technical picture for the greenback remains bleak, though we are seeing EUR/USD close in on 1.2000 - a key psychological level at this point in time.... Read full article


AUD/USD gets the all clear by the RBA for another potential shove higher

AUD/USD trades above 0.7400 for the first time since August 2018 today And the upside run could still have legs, as the dollar finds itself in a really tough spot, and more so since the RBA did not offer any offending remarks to aussie buyers.... Read full article


Full statement of the RBA's September monetary policy meeting decision

The full text of the RBA statement - 1 September 2020 At its meeting today, the Board decided to maintain the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points. It also decided to increase the size of the Term Funding Facility and make the facility available for longer.... Read full article


RBA leaves cash rate unchanged at 0.25%

RBA announces their latest monetary policy decision - 1 September 2020 - 0.25% Pretty much a non-event, besides the RBA deciding to extend its term funding facility to make it easier for banks to access more funds for longer. But that fits within the approach of most central banks these days of doing what is necessary... Read full article

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Latest Forex Orders


FX option expiries for Tuesday September 1 at the 10am NY cut

 EUR/USD

  • 1.1895 571m euro amount
  • 1.1900 569m
  • 1.1950 981m
  • 1.2000 834m

USD/JPY

  • 105.00 1.1bn USD amount
  • 105.50 600m
  • 106.00 846m
  • 106.60 511m
  • 106.75 460m

GBP/USD

  • 1.3310 280m GBP amount


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ForexLive · 2216 Kawartha Heights Blvd · Peterborough, ON K9K1P4 · Canada

[Daily article] September 1: Vespro della Beata Vergine

Vespro della Beata Vergine (Vespers for the Blessed Virgin) by Claudio
Monteverdi is an extended composition for the evening vespers on Marian
feasts, printed in 1610. The composer set the usual Latin psalms and
Magnificat, but also solo concertos in the style of the emerging opera.
The ambitious composition, which uses traditional Gregorian chant as
cantus firmus, is scored for soloists, choirs of up to ten parts, and
orchestra. Monteverdi wrote it when he was maestro di capella in Mantua,
where he served as musician and composer for the Gonzagas, the Dukes of
Mantua. He had it printed in Venice, with a dedication to Pope Paul V
dated 1 September 1610 (pages from a copy pictured). He then travelled
to Rome to deliver it to Pope Paul in person. Monteverdi became director
of music at San Marco in Venice in 1613. His Vespers represent a
milestone of music history at the transition from Renaissance to Baroque
styles.

Read more: <https://en.wikipedia.org/wiki/Vespro_della_Beata_Vergine>

_______________________________
Today's selected anniversaries:

1774:

Under orders from royal governor Thomas Gage, British soldiers
removed gunpowder from a magazine in the Province of Massachusetts Bay,
causing Patriots to prepare for war.
<https://en.wikipedia.org/wiki/Powder_Alarm>

1902:

The first science fiction film, titled A Trip to the Moon and
based on From the Earth to the Moon by Jules Verne, was released in
France.
<https://en.wikipedia.org/wiki/A_Trip_to_the_Moon>

1967:

At the Arab League summit, eight nations issued the Khartoum
Resolution, declaring "no peace with Israel, no recognition of Israel,
[and] no negotiations with it".
<https://en.wikipedia.org/wiki/Khartoum_Resolution>

2019:

Hurricane Dorian, the most powerful Atlantic hurricane on
record outside of the tropics, made landfall in the Bahamas at
Category 5 intensity.
<https://en.wikipedia.org/wiki/Hurricane_Dorian>

_____________________________
Wiktionary's word of the day:

pandeism:
1. (religion) A belief in a god who is both pantheistic and deistic, in
particular a god who designed the universe and then became it and ceased
to exist separately and act consciously with respect to it.
2. (religion, rare) Worship which admits or tolerates favourable aspects
of all religions; omnitheism.
<https://en.wiktionary.org/wiki/pandeism>

___________________________
Wikiquote quote of the day:

  All my life, I've always wanted to be somebody, but I see now I
should have been more specific.  
--Lily Tomlin
<https://en.wikiquote.org/wiki/Lily_Tomlin>

_______________________________________________
Wikipedia Daily Article mailing list.
To unsubscribe, visit:
https://lists.wikimedia.org/mailman/listinfo/daily-article-l
Questions or comments? Contact dal-feedback@wikimedia.org

Asia-Pacific Wrap


ForexLive Asia FX news wrap: EUR gains again, but shy of 1.20 still

Forex news for Asia trading Tuesday 1 September 2020 An announcement from vaccine developer AstraZeneca set a supportive stage for risk as US markets shut down for the day and very early Asia kicked off in NZ and Australia. Upon reopening though overnight US stock index trade was a touch weaker , but soon recovered.... Read full article


AUD traders - heads up for the Reserve Bank of Australia policy announcement due soon

RBA monetary policy decision and the accompanying statement from Governor Lowe due at 0430 GMT on Tuesday 1 September 2020. I posted previews earlier ICYMI:... Read full article


Trump says firms' support for BLM is weak as another man is shot dead by police in the US

Trump speaking in a Fox interview says that companies supporting Black Lives Matter movement 'weak' and that BLM is a Marxist organisation. Meanwhile, in Los Angeles on another killing:... Read full article


The USD weakness is extending further on the session here

The US dollar is down almost across the board and especially so against the yuan, USD/CNH to its lowest since July last year Check out cable, its up to a high not seen since December 2019... Read full article


Japan's foreign minister says hopes to reach broad agreement on FTA with UK before next PM is chosen

Japan's next PM is expected to be selected before September 15... Read full article

Read The Full Feed

Latest Forex Orders


FX option expiries for Tuesday September 1 at the 10am NY cut

 EUR/USD

  • 1.1895 571m euro amount
  • 1.1900 569m
  • 1.1950 981m
  • 1.2000 834m

USD/JPY

  • 105.00 1.1bn USD amount
  • 105.50 600m
  • 106.00 846m
  • 106.60 511m
  • 106.75 460m

GBP/USD

  • 1.3310 280m GBP amount


For bank trade ideas, check out eFX Plus 
All Forex Orders

ForexLive
Cryptocurrency
Technical Analysis
Education
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ForexLive · 2216 Kawartha Heights Blvd · Peterborough, ON K9K1P4 · Canada

What Are Buffett, Dalio, and Druckenmiller So Worried About?

U.S. Market has quietly entered the 'Dead Zone' Dear Reader, As the market hits new highs... and the general public is feeling ...