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Risk-off flows see haven assets gain ground in European morning trade ForexLive Bonds are also staying more bid while equities are seeing red across the board so far in European trading. The risk mood remains more defensive with US-China tensions heightened amid some fighting words by China over the HK bill passed by the US
S&P and Dow close lower After a few days where the major indices all closed at record levels, today only the Nasdaq is closing with gains. The Dow led the way to the downside.   Home Depot is weighing on the Dow after revenues and forward guidance disappointed today. The price is down $-13.06 or -5.47%. 
Comments from BOC Senior Deputy Wilkins While policy rate is 1.75% is low, there is still room to maneuver BOC also has other options such has extraordinary forward guidance and large-scale asset purchases to help economy weather potential storms Higher rates and changes to mortgage rules have cooled housing and household debt but those remain
Muller comments on Saturday ECB hawk Madis Muller said the central bank could buy other assets if the economic situation in the eurozone deteriorates significantly. “Right now, we are doing unconventional things,” he said Saturday. “You could — of course — imagine even more unconventional things if the situation gets really bad.” He wasn’t specific
Forex news for NY trading on November 15, 2019. A snapshot of other markets are showing: Spot gold down -$4.32 or -0.30% at $1467.05 WTI Crude oil futures rose $1.05 or 1.87% ast $57.82 Retail sales in the US came in mixed with the headline number 0.3% vs 0.2%, the control group up 0.3$ as
Crude oil prices are moving to the upside The prices of crude oil are moving to the upside. OPECs Barkindo was on the wires earlier saying that he expects US shale production to be less than expectations in 2020. That seems to have push the price of crude oil higher. The contract is currently trading at $57.36 up $0.56 or