Washington Post report Amazon is reconsidering a second (third?) headquarters in New York because of local opposition, according to a Washington Post report. Shares of the company are down 3%. Why would you oppose that?
Gold continues to look healthy Gold was hit by the usual slump early in the week of Chinese lunar new year. I talked about that pattern last week and it’s played out as expected.
Liu He to meet with Mnuchin and Lighthizer The top deputies from both countries will meet later in the week in what is going to be a critical phase of talks.
EUR/CHF down for fourth day Worries about eurozone growth, global growth and equity markets are weighing on EUR/CHF. The pair is down 30 pips today in the fourth day of declines. The drop coincides with the slide in European equities.
Forex news for North American trading on February 8, 2019: Markets: Friday’s action was more-subdued but the Canadian dollar was a mover after yet-another strong jobs report. USD/CAD sank to 1.3232 on the headline but there was no follow-through and it rebounded to 1.3298 before consolidating around 1.3265.
Igor Sechin letter In a letter to Putin from the Executive Chairman of Rosneft, he argued against production cuts: Reuters obtained a letter from Sechin to Putin. Oil has fallen 20-cents as it hits the wires. It makes continued cooperation between Russian and OPEC less likely.
Get your Russian bonds Moody’s has raised Russia to investment grade at BAA3 from BA1. The new rating has a stable outlook. Moody’s said the upgrade reflects the positive impact of policies in recent years to strengthen Russia’s already robust public finances.
Late day surge This is the kind of move late on a Friday that makes market participants wonder if there’s something coming on the weekend they don’t know about. And the kind of move that makes market reporters weep.
Greece affirmed Fitch also affirmed Lithuania at A- with a positive outlook. I don’t miss the days of writing about Greece every hour. ForexLive
Vanity Fair reports White House interim chief of staff Mick Mulvaney is planning an exit from the White House and economic advisor Larry Kudlow says he may have six months left, according to a .