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ICYMI: Australia's Perth goes into five-day lockdown after hotel quarantine security guard tests positive for COVID-19
That puts an end to Western Australia's 10-month coronavirus-free streak This comes as the security guard working at the hotel - which serves as a...
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Germany bans travel entry from UK, Brazil, South Africa, Portugal, Ireland over coronavirus variants
The travel ban will stay in effect until 17 February at least ICYMI, the restriction has gone into effect yesterday and covers land, air, and sea...
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China January PMIs: Manufacturing 51.3 (vs. expected 51.5) & Non-manufacturing 52.4 (expected 55.0)
China's China's National Bureau of Statistics (NBS) official survey PMIs The PMI index of manufacturing sentiment hit a 38-month high of...
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COVID-19: Looking at vaccines & variants
What you need to know The basic playbook for the COVID-19 recovery is that the vaccine will work. However, one aspect you may have in the back of...
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Forexlive America FX news wrap: The GBP ends the month as the strongest of the majors
The forex news for North American trading on January 29, 2021 It was a relatively quiet day for the meme stocks, after yesterday's volatile price...
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Fed's Kaplan: More fiscal aid will create positive upside to forecast
Dallas Fed Pres. Kaplan participating in a virtual event Kaplan is a nonvoting member on the FOMC board in 2021
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CFTC Commitments of Traders: Dollar remains short across the board
Weekly forex futures positioning data from the CFTC for the week ending Tuesday, January 26 - EUR long 163K vs 163K long last week. Unchanged - GBP...
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RobinHood imposes more restrictions on stocks
Imposes buy limit for a number of meme stocks RobinHood is reducing the amount of stock you can buy on a number of the meme stocks from 5...
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Fed's Kaplan: 1Q will be very challenging, but will have positive GDP growth
Fed's Kaplan is speaking Kaplan is the president of the Dallas Fed
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Baker Hughes oil rig count 295 vs. 291 estimate. Last week 289
Crude oil is trading at $52.13 - oil rigs rise 2295 from 289 last week. The estimate was for 291 - gas rigs come in as expected at 88. That was the...
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Pfizer CEO: high possibility future variant will elude vaccines
That is a worry... The Pfizer CEO Bourla is on the wires saying: He adds: Stocks are sliding to new lows with each of the major indices now...
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Pres. Biden: Cost of inaction on stimulus is high and growing every day
Pres. Biden speaking Comments are in line with his agenda.
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New York Gov. Cuomo: Post-holiday decline in Covid cases continues. Limited reopening of indoor dining announced
Covid statistics from New York The high in cases peaked around 20K while the recent rise in deaths reached around 264 at its peak in January. That...
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White House: US China trade deal among issues under review
White House responding to trade and security The White House is out with a couple statements regarding trade and security and...
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US pending home sales -0.3% vs -0.5% estimate
Pending home sales for Dec - Pending home sales -0.3% vs -0.5% est. Last month -2.5% (was -2.6%) - YoY 22.8% vs 20.3% est. Last month 16.1% -...
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University of Michigan sentiment index for January (F) 79.0 vs. 79.3 estimate
Him him himUniversity of Michigan sentiment index for January 2021 - Sentiment index 79.0 vs 79.3 - Current conditions index 86.7 vs 87.7 -...
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University of Michigan sentiment for January final will be released at the top of the hour
Preliminary estimate came in at 79.2
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US SEC: Closely monitoring extreme price volatility of certain stocks
SEC comments on the extreme volatility The SEC is coming on the extreme volatility and takes a neutral view at least on the surface On one hand,...
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Citron gives up, won't offer short-selling research
Citron to do long-only research Citron -- whose name means lemon -- and made its reputation on highlighting companies to short, is throwing in the...
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Market reconsiders Johnson & Johnson vaccine news
Market decides it's good enough The headline from the JNJ vaccine trial was 66% effectiveness and only 57% in South Africa, which has a worrisome...
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Silver on the run again, climbs 2% above $27 to a three-week high
Quick moves in the market as precious metals jump As I was typing out my post earlier , silver was trading around $26.52 but has now jumped to a...
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Eurozone December M3 money supply +12.3% vs +11.0% y/y expected
Latest data released by the ECB - 29 January 2021 Slight delay in the release by the source. The headline reading is the highest since November...
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Germany Q4 preliminary GDP +0.1% vs 0.0% q/q expected
Latest data released by Destatis - 29 January 2021
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Germany January unemployment change -41.0k vs +7.5k expected
Latest data released by the Federal Employment Agency - 29 January 2021
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European equities open lower to start the session
A dour mood across the board to kick things off in Europe The chaos from the retail trading frenzy is still creating some uneasiness in the broader...