#it is 1.34 a.m

[mskenway97]

It's too hot to sleep, and on top of that you can hear the music of the festival... luckily tomorrow is a holiday and I have the train at noon, otherwise...

[skillstopallmedia]

Oil prices down, the economy worries

Zapping The Blogauto Test of the Cupra Born in Lapland Decrease of more than 1.30% Around 10:30 a.m. GMT (11:30 a.m. Paris time), a barrel of Brent from the North Sea (reference value in Europe) for delivery in April thus fell by 1.34%, trading at 81.94 dollars. At the same time, its American equivalent, a barrel of West Texas Intermediate (WTI), also for April delivery, was down 1.52% to…

[aniridescentdreamer]

(Unless you live in a different time zone. I don't think you do though)

¯\_(ツ)_/¯

[feareth-who]

it's 1.34 a.m. and ik I shld sleep but srsly I can't-

[neradimalasorte]

1.34 a.m.

piove.

[walter-hill-hydroelectric99-blog]

Greenways & Wetlands

The Murfreesboro Greenway System consists of the Stones River and Lytle Creek trails. The Stones River and Lytle Creek Greenways are available for you to enjoy nature hikes, walking, running, bicycling, or in-line skating along the thirteen miles of greenway trails. Small watercraft access points are also available for paddlers to enjoy the Stones River. The Murfreesboro Greenway System connects historical sites, parks, neighborhoods, and businesses; it also serves as a conservation corridor to preserve precious natural and cultural resources.

There are 13 trailheads to provide access to the Murfreesboro Greenway System, and a printable map is available to download. Read the rules for greenway usage to stay informed.

Hours The Greenway trailheads open at daylight and close 1/2 hour before sunset. The Gateway Island and trail are open 6:00 a.m. - 10:00 p.m.

North Murfreesboro Greenway The newest 1.34-mile section of the Murfreesboro Greenway System located at the Central Valley Trailhead located on Central Valley Road near Walter Hill Dam is open .

MAP - CENTRAL VALLEY TRAILHEAD

As a cooperative effort between the City of Murfreesboro and the U.S. Army Corps of Engineers, the $4.5 million North Murfreesboro Greenway starts at Walter Hill Park on Highway 231 and heads west on the east side of the Stones River. The new portion extends the Greenway to 13 miles.

The asphalt trail features two overlooks, a switchback, or “S-Curve” hill, and a tree-top canopy offering shade. The Central Valley trailhead boasts extended parking spaces suitable for equestrian trailers.

The North Murfreesboro Greenway trail will be open from daylight until 30 minutes prior to dusk. The Walter Hill trailhead is one half mile south of Jefferson Pike on Highway 231 (Lebanon Road), and the trailhead on Central Valley Road is located approximately one mile from Highway 231.

The same park and greenway rules will apply to the pedestrian trail; for example, non-motorized bicycles are allowed, and skateboards are prohibited. All pets must be on a leash, and dog owners must clean up after their pets. Horses are not allowed on the pedestrian trail.

Stones River Greenway Extension The Stones River Greenway extension follows the West Fork of the Stones River from Old Fort Park to Barfield Crescent Park and includes four phases. Phases 1, 2, and 3 are complete. The remaining section of the trail starts at the termination point of Phase 3 on Barfield Road and extends the trail approximately three miles to Barfield Crescent Park. The trail will include a bridge connection to the east side of the river and a small trailhead at Southridge Subdivision. Anticipated opening: Spring 2020. Map of Greenway Phase 4

Greenway Special Events Mark your calendar for upcoming events on the Greenway! Call the Greenway office at (615) 893-2141 for more information on any of these events, or check out the quarterly Rec Connection, Murfreesboro Parks & Recreation program guide.

Here is the map distance between  Garage Door Repair Company Near me

View the map location https://goo.gl/maps/UL5eeyD63yyz2eSL7

[seedfinance]

Stocks struggle amid Delta variant, economy concerns

Shares fell on Wednesday, extending their losing streak to a third day as rising COVID-19 infections temporarily unsettled investors and mixed up growth expectations.

The Dow Jones Industrial Average and S&P 500 Index recorded their third consecutive day of losses, and the technology-driven Nasdaq fell for the first time since last week. The market has left disappointing news for the most part, but August jobs data, which fell well below market expectations last week, dampened hopes for the fourth quarter.

On Wednesday, two releases underscored how investors are trying to calibrate a historically hot job market against growth that is clearly losing momentum due to the resurgence of COVID-19 infections, led by the Delta variant.

The US economy “shifted slightly downward” in August as concerns increased over how the renewed spike in coronavirus cases would affect economic recovery, the Federal Reserve said in its latest Beige Book on Wednesday. Separately, however, Labor Department data showed that vacancies hit another streak record, with workers quitting their jobs en masse and nearly 11 million vacancies.

That data contrasted sharply with August payrolls, which showed the economy created a relatively meager 235,000 new jobs, and fueled speculation that the Federal Reserve’s Open Markets Committee (FOMC) might change its schedule for reducing its stimulating bond purchases, which Investor confidence was supported.

This also prompted analysts to lower expectations for the economy for the remainder of the year. Goldman Sachs lowered its fourth quarter growth forecast, pointing to a “harder road” for consumer spending amid rising COVID-19 infections.

Wall Street doesn’t seem unduly concerned, at least for now, as stocks are still within sight of recent highs.

“We believe that the fundamental drivers of strong earnings, an accommodating Fed and still healthy risk appetite will really hold the market for the remainder of the year,” said Yung-Yu Ma, chief investment strategist at BMO Harris, told Yahoo Finance Live on Wednesday.

The story goes on

While the ongoing COVID-19 pandemic fueled by the Delta variant played a prominent role in the lack of jobs, particularly softness in the leisure, hospitality and bar / restaurant sectors, some analysts have also pointed out that labor shortages are hindering job creation. A lack of available labor has led companies to raise wages, adjust working hours and even lose some business.

–

4:04 p.m. ET: Stocks plummet, Dow, S&P trading lower for third day in a row as economic worries linger

Here were the key moves in the markets as of 4:04 p.m. ET:

S & P-500 (^ GSPC): -5.96 (-0.13%) to 4,514.07

Dow (^ DJI): -68.93 (-0.20%) to 35,031.07

Nasdaq (^ IXIC): -87.69 (-0.57%) to 15,286.64

Raw (CL = F): + $ 0.99 (+1.45%) to $ 69.34 per barrel

Gold (GC = F): $ -7.00 (-0.39%) to $ 1,791.50 per ounce

10-year treasury (^ TNX): -3.6 bps to generate 1.3340%

–

2:55 p.m. ET: The Fed’s Beige Book finds the economy shut down last month

The US economy “shifted slightly downward” in August as concerns increased over how the renewed spike in coronavirus cases would affect economic recovery, the Federal Reserve said in its latest Beige Book compendium on Wednesday with anecdotal reports on the economy with.

Stocks have been heavy all day but are away from the session lows as the final hour of trading looms.

–

1:15 p.m. ET: “If Bonds Could Talk”

The auction on the 10-year government bond went well, with yields below the level issued and offers to cover (2.59) comfortably above the 12-month average (2.42).

While it’s too early to say so, there could be some “flight to quality” element behind the demand in the last auction, especially given the mounting fears of the Delta variant and the still rising prices. Market veteran Peter Boockvar imagines what treasuries would say if they had a voice:

Bottom line, if bonds could talk. Is this aggressive demand due to buyers seeing a stagflationary environment and becoming more concerned about the deer stake? Is the demand high because it is assumed that the Fed taper will start soon and it always pays off to then flatten the curve? Are the buyers in the “inflation is temporary” camp even though the 10-year inflation breakevens are only a few basis points from their high since early June? Is it the delta variant? If bonds could speak. Either way, the 10-year return is just under 1.34% from 1.35% close to the results.

–

12:05 p.m. ET: Stocks plummet in directionless trading

Here the markets were traded around noon:

S & P-500 (^ GSPC): 4,501.17, -18.86 (-0.42%)

Dow (^ DJI): 34,969.76, -130.24 (-0.37%)

Nasdaq (^ IXIC): 15,228.57, -145.76 (-0.95%)

–

11:45 a.m. ET: Job market still JOLT-rated by sales

Muhlenberg, PA – August 26: A sign that reads “Now Hiring!” in the shop window of the PetSmart location on 5th Street Highway in Mühlenberg Twp. Thursday morning, Aug 26, 2021. (Photo by Ben Hasty / MediaNews Group / Reading Eagle via Getty Images)

Despite concerns about the Delta variant, job vacancies, measured by JOLTS, rose by an unbelievable 749,000 in July – and reached another all-time high with almost 11 million vacancies. Regardless of all COVID concerns, this is one of the hottest job markets in history – if not THE hottest.

JPMorgan Chase found the number of new hires fell from 6.83 million in June to 6.67 million:

The ratio of vacancies to new hires – a measure of the scarcity of the labor market and the ease with which companies can find workers – rose to 1.64, a historically high level of scarcity. At the same time, the layoff rate remained unchanged at 2.7% in July and was thus at a higher level than before the pandemic.

–

10:30 am ET: Bitcoin hard as traders contemplate a “flash crash”

A hairdresser works in the Sevilla Barber Shop, where Bitcoin is accepted as a method of payment, in Santa Tecla, El Salvador September 6, 2021. REUTERS / Jose Cabezas

The world’s leading digital currency has many fans and, since Tuesday, the support of a national government. However, this did little to contain the wildly volatile Bitcoin (BTC-USD) price swings like yesterday, when the unit plunged over 17% in one day before recovering.

According to Sultan Ahmed, an analyst at GlobalData, Tuesday’s “flash crash” and the rocky rollout in El Salvador are “two uncorrelated events. Many have the depreciation of Chivo with initial functional problems. connected [El Salvador’s Bitcoin wallet] in the early hours of beta testing, but we believe Bitcoin’s decline is instead due to excessive leverage trading in the cryptocurrency market. “

Bitcoin was last trading at around $ 46,283, down over 7% on the day. Ahmed said cryptocurrency is still up over 50% in the past 50 days after liquidating over $ 3 billion.

–

9:30 am ET: Shares fall on opening

Here the markets were traded at the opening bell

S & P-500 (^ GSPC): 4,515.55, -4.48 (-0.10%)

Dow (^ DJI): 35,137.11, +37.11 (+0.11%)

Nasdaq (^ IXIC): 15,314.88, -59.45 (-0.39%)

Raw (CL = F): $ 69.64 a barrel, + $ 1.29 (+1.89%)

Gold (GC = F): $ 1,798.70, +0.20 (+ 0.01%)

10-year treasury (^ TNX): -1.2 bps to generate 1.353%

–

7:35 a.m. ET Wednesday: Stock futures slightly lower

Here the markets were traded before the opening bell:

S&P 500 futures (ES = F): 4,518.50, -0.75 (-0.02%)

Dow futures (YM = F): 35,086.00 -5.00 (-0.01%)

Nasdaq Futures (NQ = F): 15,669.00, -5.75 (-0.04%)

–

6:15 p.m. ET Tuesday evening: Stock futures are weakening

Here the markets were traded in the after-hours session:

S&P 500 futures (ES = F): 4518, -1.25

Dow futures (YM = F): 35,082. -9.00

Nasdaq Futures (NQ = F): 15,673.00, -2.00

–

By Javier E. David, editor at Yahoo Finance. Follow him at @Teflongeek

–

source https://seedfinance.net/2021/09/09/stocks-struggle-amid-delta-variant-economy-concerns/

[phgq]

DENR reports lower air pollution levels in New Year revelries

#PHnews: DENR reports lower air pollution levels in New Year revelries

MANILA – The Department of Environment and Natural Resources (DENR) recorded a substantial reduction in air pollution levels in the first day of 2021 in Metro Manila by as much as 59 percent compared to pollution levels recorded last year.

In a news release issued on Saturday, DENR Secretary Roy A. Cimatu cited the support of Metro Manila local executives and residents to the government’s effective implementation of Executive Order 28 which limits the use of firecrackers to “community fireworks display” which has been in effect since 2017.

An average concentration of 87 micrograms per normal cubic meter (ug/Ncm) of Particulate Matter (PM 10) was obtained by DENR-Environmental Management based on the measured data between 12 midnight of Dec. 31, 2020 to Jan. 1, 2021 from its six air quality monitoring stations (AQMS) in Caloocan, Marikina, Navotas, Pasig, Parañaque and Taguig cities.

Last year, the six AQMS yielded an average of 213 ug/Ncm, thereby accounting for a 59-average percent drop compared to its New Year’s Eve (NYE) data on Jan. 1, 2020

“This attests to the correctness of President Rodrigo Roa Duterte’s interest to put a nationwide total ban on firecrackers which I believe clearly speaks not only for the President’s strong policy agenda for health and safety, but for sound environmental governance as well,” Cimatu said.

The highest NYE percentage drop recorded are the stations in Naval Street in Navotas with 99 percent from 209 to 1.34 ug/Ncm; Oranbo, Pasig City, 95 percent (130 to 7 ug/Ncm); Bicutan, Taguig City, 78 percent (355 to 79 ug/Ncm); Marikina Justice Hall open compound, Marikina City, 34 percent (189 to 124 ug/Ncm); and Caloocan City Hall Annex, Caloocan City, 29 percent (332 to 235 ug/Ncm).

Only the station in Don Bosco Barangay Hall Compound, Parañaque showed a 21-percent increase from 62 to 75 ug/Ncm.

PM10 in firecrackers are mainly coming from residuals of the explosive powders wrapped in paper which consists of a mixture of sulfur (S), carbon (C), and potassium nitrate (saltpeter, KNO3) and other fine minerals which contains heavy metals. The short-term limit for PM10 is 150 ug/Ncm under the National Ambient Air Quality Guideline Value (NAAQGV) of Republic Act 8749 or the Clean Air Act.

Likewise, the EMB report noted that “the NYE 2021 have significantly lower concentrations of PM2.5 compared to the NYE 2020,” particularly for its station at the Muntinlupa Bilibid open ground in Muntinlupa City which posted a maximum concentration of 12 ug/Ncm between 12 midnight to 2 a.m. of Jan. 1, 2021. The reading accounts for a 43-percent drop from 22 ug/Ncm obtained for the same period in last year.

The report, however, noted its Manila City Station measured a high of 93.5 ug/Ncm around 1 a.m. of Jan. 1, 2021 from a reading of 40.9 ug/Ncm at 11 p.m. of Dec. 31, 2020. The short-term limit for PM2.5 is 35 ug/Ncm under the NAAQGV of DENR Administrative Order 2020-14 dated Oct. 21, 2020.

These are attributed to “the strict measures being implemented” by Metro Manila Mayors under Metro Manila Development Authority Resolution No. 20-17 "Prohibiting Individual and Household Use of Firecrackers and Other Pyrotechnic Devices During General Community Quarantine".

Compared to PM10, PM2.5 pollutants are finer particles usually emitted by vehicles and burning plants.

These particles can reach the lungs when inhaled, leading to respiratory and circulatory diseases, including brain damage and cancer. (DENR PR)

***

References:

* Philippine News Agency. "DENR reports lower air pollution levels in New Year revelries." Philippine News Agency. https://www.pna.gov.ph/articles/1126181 (accessed January 03, 2021 at 07:25PM UTC+14).

* Philippine News Agency. "DENR reports lower air pollution levels in New Year revelries." Archive Today. https://archive.ph/?run=1&url=https://www.pna.gov.ph/articles/1126181 (archived).

[jobsearchtips02]

There’s a one-in-three opportunity of a ‘enormous’ disaster that might be even worse than COVID-19, says Deutsche Bank

Required to Know.

Released: June 17, 2020 at 8: 44 a.m. ET.

Volcanic eruptions are simply among the big disasters that might be hiding.

Getty Images.

After Tuesday’s rally on better-than-expected retail sales figures and an encouraging research study of a drug to treat coronavirus patients, the S&P500 SPX,. 1.89% has rallied 40%from its closing low and is down simply 8%from its February peak.

Plainly, catastrophes aren’t necessarily devastating to monetary markets. That deserves bearing in mind when considering a new report from Deutsche Bank that took a look at the next enormous tail risk for markets.

Experts, led by Henry Allen, state there is at least a one-in-three opportunity that a minimum of among four significant tail threats will occur within the next years: a significant influenza pandemic eliminating more than two million people; an internationally devastating volcanic eruption; a major solar flare; or a worldwide war. (The current COVID-19 pandemic has killed 443,765 worldwide currently.)

If the time frame is twenty years, then there is a 56%possibility of among these disasters happening, the analysts say, based on various studies and risk assessments. Earthquakes were omitted from the numbers on the grounds that they are more local events.

The solar flare possibility is one seldom discussed, maybe due to the fact that the last serious one remained in 1859, however the Deutsche Bank team discovers that to be most likely than a significant international war.

” There could be major power blackouts as electrical power grids are disrupted, which in turn would have knock-on effects throughout the economy as important infrastructure is unable to be run properly. Lives might be lost if it affected medical facilities and treatment. Communications would be interfered with, lots of payment systems would be inefficient, and GPS [Global Positioning System] satellites would deal with comprehensive disturbance, to the hinderance of all the people and industries that rely on accurate place services, not least airplane,” states the uplifting report.

Citing one study that evaluated the odds of a major solar flare occurring are 12%in a years, that implies there is a 40%possibility it will take place in the next 40 years. May want to keep a couple of extra batteries around.

Another point made is that these major events tend to have causal sequences also, simply as the present COVID-19 crisis has led to fraying ties in between the U.S. and China.

The analysts didn’t suggest an investment method around their findings. Evaluating by the present environment, possibly buying stocks would be the very best reaction.

The buzz

Federal Reserve Chairman Jerome Powell faces lawmakers on the House Financial Services Committee, a day after coming across senators and colorfully mentioning the reserve bank wasn’t like an elephant running through the corporate bond market.

Summarizing the comments made by Powell, as well as Vice Chair Richard Clarida and Dallas Fed President Robert Kaplan, “all 3 indicated that the economy will most likely reveal strong numbers for a couple of months as it reopens. The concern is that when activity flattens out, the economy will still be far from full employment,” according to Steven Englander, head of North America macro technique at Standard Chartered.

Beijing canceled more than 60%of industrial flights and raised the alert level amidst a new coronavirus break out. Vice President Mike Pence stated in a viewpoint piece that there isn’t a coronavirus 2nd wave

HSBC Holdings. HSBC,. 1.34% stated it is going to resume strategies to cut 35,00 0 tasks that it had actually temporarily shelved.

Facebook. FB,. 1.35% stated it would let users obstruct political ads on its social media platform. The Justice Department is set to reveal a legislative proposal that would limit some of the legal securities for Facebook and Twitter. TWTR,. 1.52% , according to The Wall Street Journal

Norwegian Cruise Line. NCLH,. 4.85% late on Tuesday extended voyage cancellations through October, news that weighed on rival cruise operators, including Carnival. CCL,. 5.04% and Royal Caribbean Cruises. RCL,. 2.74%, in premarket trade.

U.S. housing starts increased a smaller-than-forecast 4.3%in May, while permits spiked 14.3%.

The markets

U.S. stock futures. ES00,. 0.28% YM00,. 0.21% pointed higher.

Crude-oil futures. CL.1,. -1.27% slipped, as did gold. GC00,. -0.45%

The dollar increased against the euro. EURUSD,. -0.15% and the pound. GBPUSD,. -0.15%

The chart

BP’s yearly analytical review of energy has fascinating nuggets, even if the numbers represent the world prior to the pandemic wrecked the international economy. Energy intake per person is still overwhelmingly bigger in the U.S. than anywhere else, although it has actually been succumbing to the last 20 years. Last year, average international energy intake inched up 0.2%on Middle Eastern and Asian-Pacific demand, BP stated.

Random checks out

The Financial Times includes one writer’s “ awkward lessons of my luxury lockdown“

Double chai, as the Hebrew expression goes– the Galaxy could be host to 36 alien civilizations

Required to Know starts early and is updated till the opening bell, however register here to get it provided as soon as to your e-mail box. Be sure to check the Requirement to Know product. The emailed variation will be sent at about 7: 30 a.m. Eastern.

Find Out More

from Job Search Tips https://jobsearchtips.net/theres-a-one-in-three-opportunity-of-a-enormous-disaster-that-might-be-even-worse-than-covid-19-says-deutsche-bank/

[chloe-jayde]

Loonie weakens as investors favor safe-haven currencies

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/loonie-weakens-as-investors-favor-safe-haven-currencies

Loonie weakens as investors favor safe-haven currencies

© Reuters. FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto

TORONTO (Reuters) – The Canadian dollar weakened against its U.S. counterpart on Tuesday as the greenback broadly climbed, but the stayed within its recent range ahead of a Bank of Canada interest rate decision on Wednesday.

The U.S. dollar rose against a basket of major currencies as trade tensions encouraged investors to buy safe-haven currencies and as political risks in Europe weighed on the euro.

Canada runs a current account deficit and exports many commodities, including oil, so its economy could be hurt by a slowdown in the global flow of trade.

The price of oil increased on Tuesday as tighter global supplies helped to offset persistent worries that demand will be hurt by the continuing U.S.-Chinese trade conflict. prices were up 0.7% at $59.06 a barrel.

At 8:43 a.m. (1243 GMT), the Canadian dollar was trading 0.2% lower at 1.3467 to the greenback, or 74.26 U.S. cents. The currency, which has spent much of the last month between 1.34 and 1.35, traded in a range of 1.3434 to 1.3479.

The Bank of Canada is widely expected to leave its benchmark interest rate unchanged on Wednesday at 1.75% as it weighs developments in household spending, oil markets and global trade policy.

The central bank, which has kept the rate on hold since October after having tightened by 125 basis points since July 2017, has projected that the economy barely grew in the first three months of the year. Canada’s first quarter gross domestic product data is due on Friday.

Canadian government bond prices were higher across a flatter yield curve, with the two-year up 1.5 Canadian cents to yield 1.54% and the 10-year rising 15 Canadian cents to yield 1.584%.

The 10-year yield touched its lowest intraday since March 29 at 1.571%.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Read More https://worldwide-finance.net/news/commodities-futures-news/loonie-weakens-as-investors-favor-safe-haven-currencies

[jettadarkwynd]

Loonie weakens as investors favor safe-haven currencies

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/loonie-weakens-as-investors-favor-safe-haven-currencies

Loonie weakens as investors favor safe-haven currencies

© Reuters. FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto

TORONTO (Reuters) – The Canadian dollar weakened against its U.S. counterpart on Tuesday as the greenback broadly climbed, but the stayed within its recent range ahead of a Bank of Canada interest rate decision on Wednesday.

The U.S. dollar rose against a basket of major currencies as trade tensions encouraged investors to buy safe-haven currencies and as political risks in Europe weighed on the euro.

Canada runs a current account deficit and exports many commodities, including oil, so its economy could be hurt by a slowdown in the global flow of trade.

The price of oil increased on Tuesday as tighter global supplies helped to offset persistent worries that demand will be hurt by the continuing U.S.-Chinese trade conflict. prices were up 0.7% at $59.06 a barrel.

At 8:43 a.m. (1243 GMT), the Canadian dollar was trading 0.2% lower at 1.3467 to the greenback, or 74.26 U.S. cents. The currency, which has spent much of the last month between 1.34 and 1.35, traded in a range of 1.3434 to 1.3479.

The Bank of Canada is widely expected to leave its benchmark interest rate unchanged on Wednesday at 1.75% as it weighs developments in household spending, oil markets and global trade policy.

The central bank, which has kept the rate on hold since October after having tightened by 125 basis points since July 2017, has projected that the economy barely grew in the first three months of the year. Canada’s first quarter gross domestic product data is due on Friday.

Canadian government bond prices were higher across a flatter yield curve, with the two-year up 1.5 Canadian cents to yield 1.54% and the 10-year rising 15 Canadian cents to yield 1.584%.

The 10-year yield touched its lowest intraday since March 29 at 1.571%.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Read More https://worldwide-finance.net/news/commodities-futures-news/loonie-weakens-as-investors-favor-safe-haven-currencies

[cute1dfacts]

Loonie weakens as investors favor safe-haven currencies

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/loonie-weakens-as-investors-favor-safe-haven-currencies

Loonie weakens as investors favor safe-haven currencies

© Reuters. FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto

TORONTO (Reuters) – The Canadian dollar weakened against its U.S. counterpart on Tuesday as the greenback broadly climbed, but the stayed within its recent range ahead of a Bank of Canada interest rate decision on Wednesday.

The U.S. dollar rose against a basket of major currencies as trade tensions encouraged investors to buy safe-haven currencies and as political risks in Europe weighed on the euro.

Canada runs a current account deficit and exports many commodities, including oil, so its economy could be hurt by a slowdown in the global flow of trade.

The price of oil increased on Tuesday as tighter global supplies helped to offset persistent worries that demand will be hurt by the continuing U.S.-Chinese trade conflict. prices were up 0.7% at $59.06 a barrel.

At 8:43 a.m. (1243 GMT), the Canadian dollar was trading 0.2% lower at 1.3467 to the greenback, or 74.26 U.S. cents. The currency, which has spent much of the last month between 1.34 and 1.35, traded in a range of 1.3434 to 1.3479.

The Bank of Canada is widely expected to leave its benchmark interest rate unchanged on Wednesday at 1.75% as it weighs developments in household spending, oil markets and global trade policy.

The central bank, which has kept the rate on hold since October after having tightened by 125 basis points since July 2017, has projected that the economy barely grew in the first three months of the year. Canada’s first quarter gross domestic product data is due on Friday.

Canadian government bond prices were higher across a flatter yield curve, with the two-year up 1.5 Canadian cents to yield 1.54% and the 10-year rising 15 Canadian cents to yield 1.584%.

The 10-year yield touched its lowest intraday since March 29 at 1.571%.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Read More https://worldwide-finance.net/news/commodities-futures-news/loonie-weakens-as-investors-favor-safe-haven-currencies

[breakbit]

Loonie weakens as investors favor safe-haven currencies

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/loonie-weakens-as-investors-favor-safe-haven-currencies

Loonie weakens as investors favor safe-haven currencies

© Reuters. FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto

TORONTO (Reuters) – The Canadian dollar weakened against its U.S. counterpart on Tuesday as the greenback broadly climbed, but the stayed within its recent range ahead of a Bank of Canada interest rate decision on Wednesday.

The U.S. dollar rose against a basket of major currencies as trade tensions encouraged investors to buy safe-haven currencies and as political risks in Europe weighed on the euro.

Canada runs a current account deficit and exports many commodities, including oil, so its economy could be hurt by a slowdown in the global flow of trade.

The price of oil increased on Tuesday as tighter global supplies helped to offset persistent worries that demand will be hurt by the continuing U.S.-Chinese trade conflict. prices were up 0.7% at $59.06 a barrel.

At 8:43 a.m. (1243 GMT), the Canadian dollar was trading 0.2% lower at 1.3467 to the greenback, or 74.26 U.S. cents. The currency, which has spent much of the last month between 1.34 and 1.35, traded in a range of 1.3434 to 1.3479.

The Bank of Canada is widely expected to leave its benchmark interest rate unchanged on Wednesday at 1.75% as it weighs developments in household spending, oil markets and global trade policy.

The central bank, which has kept the rate on hold since October after having tightened by 125 basis points since July 2017, has projected that the economy barely grew in the first three months of the year. Canada’s first quarter gross domestic product data is due on Friday.

Canadian government bond prices were higher across a flatter yield curve, with the two-year up 1.5 Canadian cents to yield 1.54% and the 10-year rising 15 Canadian cents to yield 1.584%.

The 10-year yield touched its lowest intraday since March 29 at 1.571%.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Read More https://worldwide-finance.net/news/commodities-futures-news/loonie-weakens-as-investors-favor-safe-haven-currencies

[taylordmorris]

Loonie weakens as investors favor safe-haven currencies

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/loonie-weakens-as-investors-favor-safe-haven-currencies

Loonie weakens as investors favor safe-haven currencies

© Reuters. FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto

TORONTO (Reuters) – The Canadian dollar weakened against its U.S. counterpart on Tuesday as the greenback broadly climbed, but the stayed within its recent range ahead of a Bank of Canada interest rate decision on Wednesday.

The U.S. dollar rose against a basket of major currencies as trade tensions encouraged investors to buy safe-haven currencies and as political risks in Europe weighed on the euro.

Canada runs a current account deficit and exports many commodities, including oil, so its economy could be hurt by a slowdown in the global flow of trade.

The price of oil increased on Tuesday as tighter global supplies helped to offset persistent worries that demand will be hurt by the continuing U.S.-Chinese trade conflict. prices were up 0.7% at $59.06 a barrel.

At 8:43 a.m. (1243 GMT), the Canadian dollar was trading 0.2% lower at 1.3467 to the greenback, or 74.26 U.S. cents. The currency, which has spent much of the last month between 1.34 and 1.35, traded in a range of 1.3434 to 1.3479.

The Bank of Canada is widely expected to leave its benchmark interest rate unchanged on Wednesday at 1.75% as it weighs developments in household spending, oil markets and global trade policy.

The central bank, which has kept the rate on hold since October after having tightened by 125 basis points since July 2017, has projected that the economy barely grew in the first three months of the year. Canada’s first quarter gross domestic product data is due on Friday.

Canadian government bond prices were higher across a flatter yield curve, with the two-year up 1.5 Canadian cents to yield 1.54% and the 10-year rising 15 Canadian cents to yield 1.584%.

The 10-year yield touched its lowest intraday since March 29 at 1.571%.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Read More https://worldwide-finance.net/news/commodities-futures-news/loonie-weakens-as-investors-favor-safe-haven-currencies

[benmauerberger]

Loonie weakens as investors favor safe-haven currencies

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/loonie-weakens-as-investors-favor-safe-haven-currencies

Loonie weakens as investors favor safe-haven currencies

© Reuters. FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto

TORONTO (Reuters) – The Canadian dollar weakened against its U.S. counterpart on Tuesday as the greenback broadly climbed, but the stayed within its recent range ahead of a Bank of Canada interest rate decision on Wednesday.

The U.S. dollar rose against a basket of major currencies as trade tensions encouraged investors to buy safe-haven currencies and as political risks in Europe weighed on the euro.

Canada runs a current account deficit and exports many commodities, including oil, so its economy could be hurt by a slowdown in the global flow of trade.

The price of oil increased on Tuesday as tighter global supplies helped to offset persistent worries that demand will be hurt by the continuing U.S.-Chinese trade conflict. prices were up 0.7% at $59.06 a barrel.

At 8:43 a.m. (1243 GMT), the Canadian dollar was trading 0.2% lower at 1.3467 to the greenback, or 74.26 U.S. cents. The currency, which has spent much of the last month between 1.34 and 1.35, traded in a range of 1.3434 to 1.3479.

The Bank of Canada is widely expected to leave its benchmark interest rate unchanged on Wednesday at 1.75% as it weighs developments in household spending, oil markets and global trade policy.

The central bank, which has kept the rate on hold since October after having tightened by 125 basis points since July 2017, has projected that the economy barely grew in the first three months of the year. Canada’s first quarter gross domestic product data is due on Friday.

Canadian government bond prices were higher across a flatter yield curve, with the two-year up 1.5 Canadian cents to yield 1.54% and the 10-year rising 15 Canadian cents to yield 1.584%.

The 10-year yield touched its lowest intraday since March 29 at 1.571%.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Read More https://worldwide-finance.net/news/commodities-futures-news/loonie-weakens-as-investors-favor-safe-haven-currencies

[jobsearchtips02]

Stocks could fall a further 7% after last week’s correction. But here’s why Morgan Stanley says that’s ‘healthy’

Need to Know

Published: June 15, 2020 at 7: 54 a.m. ET

Bangladesh police officers attending a yoga session in a bid to stay healthy during the Covid-19 pandemic

Getty Images

It looks set to be another damaging Monday for U.S. stocks.

The three major benchmark indexes suffered their biggest weekly losses since March 20 last week, as the Federal Reserve’s downbeat economic outlook and rising coronavirus cases unsettled investors. Fears of a second wave grew over the weekend and U.S. stock futures pointed lower early on Monday.

However, in our call of the day, Morgan Stanley said last week’s correction was overdue and “healthy” and that the bull market would soon “resume in earnest.”

“We maintain our positive view for U.S. equity markets because it’s early in a new economic cycle and bull market. Last week’s correction was overdue and likely has another 5-7% downside. It’s healthy and we are buyers into weakness with a small/mid-cap and cyclical tilt,” the investment bank’s strategists said.

The team, led by equity strategist Michael Wilson, said corrections were “normal” after rapid moves higher and that last week’s correction was overdue in what they described as a new cyclical bull market.

The S&P 500 SPX, -2.16% could fall to 2,800, and the Nasdaq COMP, +1.01% to 8,500 “before the bull market resumes in earnest,” they added.

Morgan Stanley’s economists see this recession as being “the steepest but also one of the shortest on record,” and its strategists agree there will be a V-shaped recovery.

“The V-shaped recovery in markets is foreshadowing a V-shaped recovery in the economy and earnings. It’s also following the 2009 pattern almost identically in many ways,” they said.

The team raised its base case S&P 500 price target through June 2021 to 3,350 from 3,000, also shifting its bull and bear cases higher — from 3,250 to 3,700 and from 2,500 to 2,900 respectively.

High quality and growth stocks would still do well as the economy recovers but would struggle to keep up with more cyclical pockets of the markets, including automobiles and consumer durables, they said.

The chart

This chart from the U.K.’s Office for National Statistics shows that anxiety levels among people in Britain are higher than at the end of 2019 but have improved in recent months.

Office for National Statistics.

The markets

After a partial rebound on Friday at the end of the biggest weekly losses for U.S. stocks since March 20, the Dow Jones Industrial Average DJIA, -2.59% was set to open lower on Monday. Dow futures ES00, -1.93% are 2.6%, or 674 points, down, S&P 500 SPX, -2.16% futures fell 2.3% and Nasdaq NQ00, -1.15% futures were also 1.7% lower. Fears of a second wave, with rising infections in a number of countries, also sent European stocks lower in early trading. The pan-European Stoxx 600 index SXXP, -0.87% dropped 1%, having fallen nearly 6% last week. The German DAX DAX, -1.16%, French CAC PX1, -1.11% and U.K. FTSE 100 UKX, -1.36% also lost between 1% and 2%.

The buzz

Oil major BP BP, -4.51% said it was taking up to $17.5 billion in charges and write-offs as it cut long-term forecasts for oil prices and said the COVID-19 pandemic would have an “enduring impact” on the global economy.

Swedish fashion retailer Hennes & Mauritz (known as H&M) HM.B, -1.56% said sales fell 50% in the second quarter, a smaller drop than expected as many countries began easing coronavirus restrictions.

The Federal Reserve Bank of New York will release its Empire State Manufacturing Survey for June on Monday — economists are looking for a -27.5 reading, an improvement on May’s -48.5 score.

A number of companies are due to release results this week, including home builder Lennar LEN.B, +4.17% and technology company Oracle ORCL, +1.07% on Tuesday and retailer Kroger KR, -1.34% on Thursday. Lyft LYFT, +4.44% and Slack WORK, +1.71% will both host virtual annual shareholder meetings on Friday.

British drugmaker AstraZeneca AZN, +1.11% has reached an agreement with Europe’s Inclusive Vaccine Alliance to supply up to 400 million doses of the University of Oxford’s potential COVID-19 vaccine.

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from Job Search Tips https://jobsearchtips.net/stocks-could-fall-a-further-7-after-last-weeks-correction-but-heres-why-morgan-stanley-says-thats-healthy/