Monday, September 7, 2020

European Morning Wrap


Germany July trade balance €19.2 billion vs €15.9 billion expected

Latest data released by Destatis - 8 September 2020... Read full article


French statistics agency says economic activity seen at 95% of pre-virus levels in Q3

INSEE weighs in with their assessment of French economic activity That puts a bit of perspective to the recovery in the economy, but 95% is certainly rather stunning considering the fact that international travel - at least outside of Europe - is very much dead and the French economy isn't able to benefit from that as... Read full article


Trade ideas thread - European session 8 September 2020

Daily thread to exchange ideas and to share your thoughts Cable is down by ~0.3% to 1.3128, trading at near two-week lows as sellers continue to push the agenda towards a test of 1.3100. The 200-bar moving average on the H4 chart sits at 1.3113 and a break under there will solidify further downside momentum.... Read full article


Hong Kong announces easing to virus restrictions (again)

It has been a stop-start last couple of months for Hong Kong The slowing down in virus cases in the city is leading to the government easing social distancing measures once again, but it has pretty much been a stop-start kind of event over the last few months for Hong Kong.... Read full article


Japan August economy watchers survey current conditions 43.9 vs 41.3 expected

Latest data released by the Japanese Cabinet Office - 8 September 2020 The bright side is that consumer sentiment is seen picking up further in August and that is likely to reaffirm a continued rebound in the domestic economy.... Read full article

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Latest Forex Orders


FX option expiries for Tuesday, September 8 at the 10am NY cut

EUR/USD

  •  1.1695 757m euro amount
  •  1.1815 511m
  •  1.1870 587m
  •  1.1895 552m
  •  1.1900 1.9bn
 USD/JPY
  •  106.00 795m USD amount
  •  107.00 1.4bn
 EUR/GBP
  •  0.9000 710m euro amount

For bank trade ideas, check out eFX Plus 
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ForexLive · 2216 Kawartha Heights Blvd · Peterborough, ON K9K1P4 · Canada

[Daily article] September 8: The Bread-Winners

The Bread-Winners is an 1883 anti-labor novel by John Hay, who was
Assistant Secretary to the President under Abraham Lincoln, and
McKinley's final secretary of state. Originally published anonymously in
installments in The Century Magazine, the book attracted wide interest
and provoked considerable speculation over the author's identity. Hay
wrote his only novel as a reaction to several strikes that affected him
and his business interests in the 1870s and early 1880s. In the main
storyline, a wealthy former army captain, Arthur Farnham, organizes
Civil War veterans to keep the peace when the Bread-winners, a group of
lazy and malcontented workers, call a violent general strike. Hay left
hints as to his identity in the novel, and some guessed right, but he
never acknowledged the book as his, and it did not appear with his name
on it until after his death in 1905. Hay's hostile view of organized
labor was soon seen as outdated, and the book is best remembered for its
onetime popularity and controversial nature.

Read more: <https://en.wikipedia.org/wiki/The_Bread-Winners>

_______________________________
Today's selected anniversaries:

1775:

Maltese priests discontented with the Order of Saint John led
an uprising, which was suppressed by the Order within a few hours.
<https://en.wikipedia.org/wiki/Rising_of_the_Priests>

1831:

The Russian Empire brought the Polish November Uprising to an
end when its troops captured Warsaw after a two-day assault.
<https://en.wikipedia.org/wiki/Battle_of_Warsaw_%281831%29>

1935:

U.S. senator Huey Long was shot in Baton Rouge, Louisiana,
dying two days later.
<https://en.wikipedia.org/wiki/Huey_Long>

1966:

The American science fiction show Star Trek premiered with "The
Man Trap", launching a media franchise that has since created a cult
phenomenon and has influenced the design of many current technologies.
<https://en.wikipedia.org/wiki/Star_Trek>

_____________________________
Wiktionary's word of the day:

bottle episode:
(originally US, television) An episode of a television series designed
to be inexpensive and restricted in its use of sets, effects, cast
members, etc.
<https://en.wiktionary.org/wiki/bottle_episode>

___________________________
Wikiquote quote of the day:

  Donald Trump is the most dangerous president in the modern
history of our country and he must be defeated. Tragically, we have a
president today who is a pathological liar and who is running a corrupt
administration. He clearly does not understand the Constitution of the
United States and thinks that he is a president who is above the law. In
my view, he is a racist, a sexist, a homophobe, a xenophobe and a
religious bigot, and he must be defeated, and I will do everything in my
power to make that happen.  
--Bernie Sanders
<https://en.wikiquote.org/wiki/Bernie_Sanders>

_______________________________________________
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: USD up a little on the day

Forex news for Asia trading Tuesday 8 September 2020 There was very little new information to go on during the Asian session on Tuesday, just a little more China tension playing out:... Read full article


Latest Australian weekly jobs data shows weaker jobs numbers again

Australian employment was lower by 0.4% over the month to August the 22nd. Job losses were notable in shutdown state of Victoria, but the rate of losses slowed. Payroll jobs fell by 2% in Victoria over the month to Aug. 22... Read full article


The US is considering a ban on cotton from China (Xinjiang province)

New York Times says the ban could be as soon as today (Tuesday) Ban in response to human rights concerns... Read full article


Japan economy minister Nishimura with optimistic comments on corporate spending

Nishimura trying to find some positives in the disastrous GDP data: (ICYMI: ) Japan Q2 GDP (final) -7.9% q/q Nishimura: Headlines via Reuters... Read full article


Australia August business confidence -8 (prior -14) & business conditions -6 (prior 0)

National Australia Bank Business survey Confidence is not as bad as it was. Conditions are a more objective measure and the August result shows a substantial deterioration in these, which is not too surprising given the harsh lockdown imposed on Australia's 2nd most populous city (Melbourne).... Read full article

Read The Full Feed

Latest Forex Orders


FX option expiries for Tuesday, September 8 at the 10am NY cut

EUR/USD

  •  1.1695 757m euro amount
  •  1.1815 511m
  •  1.1870 587m
  •  1.1895 552m
  •  1.1900 1.9bn
 USD/JPY
  •  106.00 795m USD amount
  •  107.00 1.4bn
 EUR/GBP
  •  0.9000 710m euro amount

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

ForexLive
Cryptocurrency
Technical Analysis
Education
Economic Calendar
Forex Brokers
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Join now and get informed
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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 ...