Trump to announce 10% tariff on some Canadian aluminum
This was rumored on Friday.
Everyone thought we were past this post-NAFTA but here we are as tariff man strikes again. The White House will likely point to trans-shipping.
WTI crude breaks the July high then closes below it for the second day
WTI Crude oil finished the day down 24-cents to $41.95.
It rose as high as $42.87 to break the July high of $42.40 for the second day but once again it couldn't hang onto the level.
Non-farm payrolls preview: Half the expected jobs gain in July are because of a quirk in seasonal adjustments
The consensus for Friday's non-farm payrolls report is for 1.5 million jobs gains in the month but that doesn't tell the real story.
Up to 250,000 people are expected to descend on a small town in South Dakota. Oh no....
The roar along the highway heading north toward South Dakota are motorcycles that will transcend on the small town of Sturgis, South Dakota (pop. 7000). It is estimated that they could see crowds of 250,000 people for the 10 day rally which will begin on Friday. If the numbers
CDC US deaths rise by 1320 on the day
North Carolina cases rise by 1935. Deaths reach the highest single day increase
NZDUSD enters a swing area
The NZDUSD has seen a lot of ups and downs going back to July 21. Most of the price action has been between 0.66134 and 0.66925. Yes there has been extensions higher and there been extensions lower, but the value (or where
Ohio governor DeWine tests positive for COVID-19
Two days ago DeWine have a briefing to reporters on the virus. A week ago, the state set a one-day record for cases at 1733.
US dollar dips after Trump talks about payroll tax cut order
Trump can delay the collection or payroll taxes and he can ban evictions for a time, but eventually those payments will come due. The idea may be that the end of the deferral will put pressure on Congress to waive it but it
EURUSD moves to new NY session high as London traders head for the exits
As London/European traders had for the exits, the EURUSD is trading to new NY/London session highs.
In addition, the pair is now trading higher on the day. It is currently trading at 1.1886, that's up around 24 pips on the day. The pair traded as low as 1.18173. At the low, the pair could not