Forex Forum Archive for 06/27/2020

dc CB 22:27 GMT June 27, 2020
this is good one...

Mtl JP 16:14 GMT 06/27/2020
Here is Betting Opportunity:
Once "they" decide that a vaccine is ready,
vaccination will be compulsory
no if nor buts
_____________________________________________
just hope Gates has nothijng to do with it.
*********
Windows 10 critical process failure: Microsoft admits June updates are triggering reboots
Forced reboots are affecting some machines running Windows 10 version 1809 and above.

https://www.zdnet.com/article/windows-10-critical-process-failure-microsoft-admits-june-updates-are-triggering-reboots/

dc CB 18:56 GMT June 27, 2020
this is good one...

Andrew Cuomo urges everyone who attended protests in the state to get tested, officials in California, in the Bay Area and LA County and the surrounding area, have warned that the protests over George Floyd's death have contributed to the increase in daily confirmed infection totals seen in recent weeks.

Now, less than a day after San Francisco mayor said she would put plans to ease more restrictions Monday on hold following a concerning uptick in new infections, Philadelphia city officials on Saturday have just warned that they are considering a similar delay, which would postpone the move into the "green phase" of the city's reopening, CBS News reports.


AuntieMindVirus @NOTDumPhuk

54 New Cases Of #Coronavirus Friday, In #philadelphia suburb of Montgomery County...Despite still being under #LOCKDOWN order.
Don’t worry, those massive BLM protests in Philly, that were encouraged by the dem leadership, had nothing to do with it 🤪 https://news.yahoo.com/54-cases-coronavirus-montgomery-county-202458116.html …

Twentysomethings and thirtysomethings likely aren't going to bars - at least not in Philadelphia. So where are they getting sick?

"Patients that are in their 20s and even younger than that, and that’s a huge concern because that’s a population that everybody thought was somewhat protected and now we’re seeing those patients with more and more symptoms, not just asymptotic disease,” Pierce said.
Doctors say spikes in cases around the country, that now includes Pennsylvania, are mainly among younger people.

There only seems to be one feasible explanation.

Michael Tracey
✔@mtracey

It's offensive, wrong, fascist, and racist to suggest the enormous non-socially distant mass gatherings which occurred in Philadelphia within the relevant time period could have had anything to do with this

JUST IN: Philadelphia officials say they may delay the city entering the green phase of reopening after seeing a rise in COVID-19 cases compared to last week. https://cbsloc.al/2A759CB
12:00 PM - Jun 27, 2020

Philadelphia, San Francisco Fear 'Second Wave' As Thousands Infected At BLM Protests

AT Trader john 18:55 GMT June 27, 2020
Monday Amazing Trader 29 June 2020

LATE Friday: RISK-OFF
DJ: 24.991-247
SP: 3006.x -19.5

2-yr 0.168% -1.6 bps
Spread 10s-2s +47.2 bps (+48.7 bps)
10-yr
US: 0.640% -3.4
UK: 0.175% +0.3
DE: -0.477% +0.1

EURUSD MACRO TREND: NEUTRAL
Spots (Pivot Point prev day)
EURUSD 1.1228 (1.1221)
GBPUSD 1.2339 (1.2364)
EURGBP 0.9097 (0.9074)
USDJPY 107.17(107.11)

THIS Week 1.1349-1.1168 (181 pips)
fri: 1.1240-1.1196 (44)
thu: 1.1260-1.1191 (69)
wed: 1.1326-1.1255 (71)
tue: 1.1349-1.1233 (73)
mon: 1.1270-1.1168 (102)

20-day avg: 1.1262
50-day avg: 1.1033
100-day avg: 1.0993
200-day avg: 1.1031

Global-View Daily Trading Chart Points

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Mtl JP 16:14 GMT June 27, 2020
this is good one...

Today, Sat., June 27, 2020, Trudeau pledges $300 million to health, global fight against COVID-19 - Canadian Press

..."sponsored by an organization, Global Citizen, that is trying to raise $42.8 billion ... Canada will contribute $120 million toward a new initiative called the Access to COVID-19 Tools (ACT) Accelerator, (created in April by the World Health Organization, the French government, the European Commission and the Bill and Melinda Gates Foundation)

The ACT Accelerator supports ... efforts to develop a vaccine, as well as drug therapies and diagnostic tools to battle the pandemic.

Here is Betting Opportunity:
Once "they" decide that a vaccine is ready,
vaccination will be compulsory
no if nor buts

AT Trader john 15:05 GMT June 27, 2020
Monday Amazing Trader 29 June 2020
Reply   

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 29 June 2020
B 14:00 US- Pending Homes
Tue 30 June 2020
AA 09:00 EZ- Flash HICP
A 06:00 GB- GDP
C 13:00 US- Case Shiller
AA 13:45 US- Chicago PMI
Wed 1 July 2020
Final Manufacturing PMIs all day
A 12:15 US- ADP Payrolls
A 14:30 US- EIA Crude
A 18:00 US- Fed Minutes
Thu 2 July 2020
A 09:00 EZ- PPI
AA 12:30 US- Employment
A 12:30 US- Weekly Jobless
A 12:30 US/CA- Trade
A 14:30 US- EIA Crude
Fri 3 July 2020
Final Service PMIs all day
US- Holiday

Mtl JP 11:34 GMT June 27, 2020
this is good one...

Germany, U.K. to unveil July-September issuance plans Monday
France set to lead euro-area debt sales in the coming week
- Bbrg June 27, 2020

European Bond Buyers Await a Second Wave of Debt

Mtl JP 11:19 GMT June 27, 2020
this is good one...

ECB’s Schnabel Warns Euro-Area Inflation Could Dip Below Zero
- Bloomberg June 27, 2020

haifa ac 10:51 GMT June 27, 2020
The Biggest Disconnect Between Prices And Profits In Stock Market History?
Reply   
Everyone is talking about the massive disparity between stock prices and fundamentals right now. To paraphrase Jeremy Grantham, we now find ourselves in the top 1% of stock market valuations and the bottom 1% of economic outcomes (based on the annualized rate of decline in second quarter GDP). A popular way to demonstrate this gap is seen in the chart below which plots total equity values along with total corporate profits.

https://www.zerohedge.com/markets/biggest-disconnect-between-prices-and-profits-stock-market-history

Interesting to see in the first chart that corporate profits reached a peak at 2014 and stayed the same or lower while equity prices almost doubled...You can't fool ALL the people ALL the time.

dc CB 01:33 GMT June 27, 2020
this is good one...

on the marquee for Sat's double feature...
______________________________________________
Reuters:
“It’s a really dry layer of air that contains these very fine dust particulates. It occurs every summer,” said NWS meteorologist Patrick Blood. “Some of these plumes contain more particles, and right now we expecting a very large plume of dust in the Gulf Coast.”

This year, the dust is the most dense it has been in a half a century, several meteorologists told Reuters earlier this week as it crossed over the Caribbean.

The Saharan dust plume will hang over the region until the middle of next week, deteriorating the air quality in Texas, Florida and other states where the number of COVID-19 cases has recently spiked.

“There’s emerging evidence of potential interactions between air pollution and the risk of COVID, so at this stage we are concerned,” said Gregory Wellenius, an professor of environmental health at Boston University’s School of Public Health.

Godzilla dust cloud' drifts over U.S. Southeast, raising health concerns

dc CB 01:06 GMT June 27, 2020
this is good one...

and now - 'it came from outerspace(er China)'. Double Feature Sat afternoon at the movies - 1960's America.
FEAR!!!!
____________________________________________

"There are long strings that poke holes in other cells and the virus passes through the tube from cell to cell," said UCSF's Director of the Quantitative Biosciences Institute, Professor Nevan Krogan. "Our hypothesis is that these speed up infection."

The images taken by scientists at the National Institutes of Health (NIH) laboratory in the US and University of Freiburg in Germany will be published in the medical journal Cell on Saturday.

Most viruses do not cause infected cells to grow these tentacles. Even those that do, such as smallpox, do not have as many or the same type of branching as Sars-Cov-2, the virus behind Covid-19. -FT

Coronavirus Causes Weaponized 'Tentacles' To Sprout From Infected Cells, Directly Inject Virus Into New Ones

Mtl JP 00:29 GMT June 27, 2020
Chart Points: Free Forex Database For 26 June 2020

plausible
-
US-China relations are worsening on 'almost every front'

Kenneth Underwood, Senior Producer
Yahoo FinanceJune 26, 2020

..."“Trump clearly understands that a hard line on China is particularly useful to distract from his own missteps around coronavirus. And blaming the Chinese and even using racist terminology for Coronavirus itself is part of that strategy. He knows what he's doing,” /.

Mtl JP 00:14 GMT June 27, 2020
Chart Points: Free Forex Database For 26 June 2020

(Bloomberg June 26) Volatility Is the Only Sure Thing in Stocks These Days

..."The only thing that seems certain is the turbulence. Even with the S&P 500 stuck in a 250-point range in June, options traders have never been more active, betting on wider price swings. Between July’s earnings season to the presidential election in November, along with the ever-present risk of a virus resurgence, it’s recipe for prolonged chaos."...