Robert Kaplan is president of the Federal Reserve Bank of Dallas ps. This from his home state to set the scene: Kaplan: – if you don't have good testing, contact tracing, treatment or vaccine consumers may not behave as before the crisis
Blogs
US Senate leader McConnell says not ruling out another fiscal package
McConnell being interviewed on Fox – says again is not supporting the economic stimulus bill from the Democrats See here for global coronavirus case data
New Zealand house prices +2.1% m/m in April
Data from the Real Estate Institute of New Zealand – +16.4% y/y The number of houses sold in the month fell 78.5% y/y due to the nationwide lockdown. Data was out earlier, just an update.
Two weeks after Texas reopening coronavirus virus cases increase by most ever
Confirmed COVID-19 cases in Texas rose by more than 1,400 to nearly 43,900 on Thursday Texas Department of State Health Services See here for global coronavirus case data
Overnight news – Delta plans to retire all its 777 Boeing jets, replace them with Airbus aircraft
Delta Air Lines says its 18 Boeing 777s will end service at th end of 2020, and be replaced by Airbus SE aircraft. Another unfortunate blow to Boeing, first the global grounding of its 737 Max aircraft, then the coronavirus pandemic bringing travel to a screeching halt and resulting in airline customers delaying or cancelling plane [&helli
US Treas Sec Mnuchin: Trump is reviewing all his options on China
US Treasury Secretary Mnuchin – says China needs to provide a lot more information about coronavirus – Trump is reviewing his options – just beginning to see impact of $3tln virus relief Mnuchin speaking on Fox.
Forexlive Americas FX news wrap: Another 2.9 million Americans on the dole
Forex news for near trading on May 14, 2020 him him A snapshot of other markets for the day is showing: – Spot gold, plus $15.12 or 0.88% at $1731.36. The price moved above a topside trend line on the daily chart at $1722 area and that break triggered more buying in the precious metal. The […]
Trade ideas thread – Friday 15 May 2020
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:
NYSE to partially reopen its trading floor on May 26
Memorial Day is May 25, the New York Stock Exchange will begin reopening its physical floor the next day. – designated market makers will largely continue to do their jobs away from the floor
US CDC has issued official guidelines on steps to opening schools, transit, restaurants, workplaces
The guidance will be welcome, the steps sop far have been ad hoc See here for global coronavirus case data