Monday, October 5, 2020

Regroup and Rally: Bouncing Back Together

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European Morning Wrap


Germany August factory orders +4.5% vs +2.8% m/m expected

Latest data released by Destatis - 6 October 2020... Read full article


Trade ideas thread - European session 6 October 2020

Daily thread to exchange ideas and to share your thoughts The market pretty much reversed sentiment from Friday in trading yesterday - and then a bit more - with US stimulus hope helping to keep a risk positive start to the week.... Read full article


Economic data coming up in the European session

Central bank speak will be one of the things to watch today The dollar and yen fumbled in overnight trading as the market reversed the moves from Friday and then some, with all of the uncertainty from Trump's virus infection being put behind and US stimulus talks appearing to move closer to some compromise.... Read full article


NZD traders - heads up for the GDT dairy auction coming up Tuesday

I doubt there will be a lot of focus on this, obviously its on coronavirus outbreak developments, US stimulus, Trump's health (don' let his leaving hospital lull you into a sense that everything is fine for him, it isn't).... Read full article


AUD spiked above 0.7200 on the RBA announcement - back to little changed now

The Reserve Bank of Australia left policy unmoved: Which was expe4cted. The Bank stuck a bit of pressure onto the government and its budget due ;later: AUD/USD spiked but came back. Its sitting just above the highs of its earlier range now:... Read full article

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Latest Forex Orders


FX option expiries for Tuesday October 6 at the 10am NY cut

EUR/USD

  •  1.1725 797m euro
  •  1.1800 597m
  •  1.1820 967m
  •  1.1845 589m
 USD/JPY
  •  104.75 620m USD
  •  105.00 1.1bn
  •  105.05 750m
  •  105.50 441m
  •  105.75 519m
  •  106.00 1.2bn
  •  106.15 508m
  •  106.40 390m
 GBP/USD
  •  1.3000 284m GBP amount
  •  1.3010 205m
  •  1.3100 250m
 AUD/USD
  •  0.7250 723m AUD
  •  0.7270 521m
 EUR/GBP
  •  0.9085 418m euro
For bank trade ideas, check out eFX Plus 
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ForexLive · 2216 Kawartha Heights Blvd · Peterborough, ON K9K1P4 · Canada

[Daily article] October 6: Banksia petiolaris

Banksia petiolaris is a species of flowering plant of the family
Proteaceae native to Western Australia, where it is found in sandy soils
in the south coastal regions from Munglinup east to Israelite Bay. It
was first described by the botanist Ferdinand von Mueller in 1864.
B. petiolaris grows as a prostrate shrub, with horizontal stems and
thick, leathery upright leaves. The leaves can be viable for up to
13 years—the longest-lived of any flowering plant recorded. Yellow
cylindrical flower spikes (pictured), up to 16 cm (6 1⁄4 in) high,
appear in spring. As the spikes age, they turn grey and develop up to 20
woody seed pods each, known as follicles. Insects such as bees, wasps
and ants pollinate the flowers. B. petiolaris regenerates by seed after
bushfire. The species adapts readily to cultivation, growing in well-
drained sandy soils in sunny locations. It is suitable for rockeries and
as a groundcover.

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

_______________________________
Today's selected anniversaries:

1777:

American Revolutionary War: British forces under Sir Henry
Clinton captured Fort Clinton and Fort Montgomery, and dismantled the
Hudson River Chain.
<https://en.wikipedia.org/wiki/Battle_of_Forts_Clinton_and_Montgomery>

1934:

Catalonia's autonomous government declared a general strike, an
armed insurgency, and the establishment of the Catalan State in reaction
to the inclusion of conservatives in the Spanish republican regime.
<https://en.wikipedia.org/wiki/Catalan_State_%281934%29>

2000:

Denouncing corruption in Argentine president Fernando de la
Rúa's administration and the Senate, Vice President Carlos Álvarez
resigned.
<https://en.wikipedia.org/wiki/Carlos_%C3%81lvarez_%28Argentine_politician%29>

2010:

The first version of the Instagram mobile application was
released for iOS devices.
<https://en.wikipedia.org/wiki/Instagram>

_____________________________
Wiktionary's word of the day:

evert:
1. (transitive, often biology, physiology) To turn inside out (like a
pocket being emptied) or outwards.
2. (transitive, obsolete) To move (someone or something) out of the way.
3. (transitive, obsolete, also figurative) To turn upside down; to
overturn.
4. (transitive, intransitive, obsolete, also figurative) To disrupt; to
overthrow.
<https://en.wiktionary.org/wiki/evert>

___________________________
Wikiquote quote of the day:

  Feeling really good! Don't be afraid of Covid. Don't let it
dominate your life. We have developed, under the Trump Administration,
some really great drugs & knowledge. I feel better than I did 20 years
ago!  
--Donald Trump
<https://en.wikiquote.org/wiki/Donald_Trump>

_______________________________________________
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: Awaiting the RBA

Forex news for Asia trading for Tuesday 6 October 2020 Ranges for major FX rates stayed in small ranges here during the Asia session with very little news nor data flow. In addition, China remained on holiday (Chinese markets return on Friday, October 9).... Read full article


Comments on Australia's trade balance data for August

The data is here from earlier, exports lower than expected while imports were higher than expected: Comments (in brief) via Westpac: Imports were impacted by supply disruptions earlier in the year and weaker demand in Australia due to the initial lock-down.... Read full article


Australian government budget will be released after the RBA decision on Tuesday - preview

The RBA is at 0330 GMT on Tuesday 06 October 2020 with the budget announcement following at 0830GMT. The budget speech will be delivered by Treasurer Josh Frydenberg, comments from him ahead of the speech indicate his main focus is on creating jobs.... Read full article


RBA monetary policy announcement due at 0330GMT - preview (spoiler - on hold)

Reserve Bank of Australia Governor Lower will provide his statement alongside the decision at the same time. There is no press conference. There never is, but folks do ask me from time to time.... Read full article


RBA emails reveal COVID-19 economic fears, confusion

Here's an interesting read while we await the Reserve Bank of Australia meeting finishing today. Local Australian media: LInk here. I don't imagine the scenes were much different in policy-setting institutions around the globe. Not many people had a complete handle on what was going on back in February-March as the you-know-what was hitting the fan.... Read full article

Read The Full Feed

Latest Forex Orders


FX option expiries for Tuesday October 6 at the 10am NY cut

EUR/USD

  •  1.1725 797m euro
  •  1.1800 597m
  •  1.1820 967m
  •  1.1845 589m
 USD/JPY
  •  104.75 620m USD
  •  105.00 1.1bn
  •  105.05 750m
  •  105.50 441m
  •  105.75 519m
  •  106.00 1.2bn
  •  106.15 508m
  •  106.40 390m
 GBP/USD
  •  1.3000 284m GBP amount
  •  1.3010 205m
  •  1.3100 250m
 AUD/USD
  •  0.7250 723m AUD
  •  0.7270 521m
 EUR/GBP
  •  0.9085 418m euro
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
Connect with us on your favorite social network






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

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