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Market sentiment appeared to have a risk-off tilt as the anti-risk US Dollar and Japanese Yen rose at the expense of the cycle-sensitive Australian Dollar. US equity futures pointed in the same downward direction while Asia-Pacific stocks traded mixed. RBA Governor Philip Lowe gave a speech, warning that monetary policy has its limits and that fiscal measures are crucial in combatting the coronavirus. Read the full report here.To get more news about WikiFX, you can visit wikifx official website.
  Euro Outlook Ahead of ECB Minutes
  It is difficult to say how the Euro will react to the publication of ECB meeting minutes considering most of the attention now appears to be focused on the central banks tension with the German high court. It recently issued a ruling that deemed the 2015 asset purchases program and the subsequent growth of the ECB balance sheet to its current size illegal, giving the central bank three months to explain their policies.
  The court said that unless such an explanation can be made, the Bundesbank will not participate in the quantitative easing program. ECB President Christine Lagarde defended the central banks decision and affirmed her support of the Pandemic Emergency Purchase Program (PEPP). This extraordinary measure by the ECB entails purchasing 750 billion euros of debt this year in order to contain the financial fallout from Covid-19.
  If the underlying tone of the minutes strikes an unexpectedly gloomy tone, it could lead to heightened liquidation pressure in the Euro. Investors will be eagerly scanning the pages to find a more detailed outlook on the ECBs position for its PEPP program. In a recent interview, Mrs. Lagarde made it clear that monetary authorities “will not hesitate to adjust the size, duration and composition of the PEPP to the extent necessary”.
  British Pound Braces for UK PMI Data
  The British Pound may decline following the publication of flash PMI data for May. Manufacturing, services and the composite reading are expected to print at 37.2, 24.0 and 25.7 print, respectively. While this is far below the neutral 50.00 figure, it is an improvement from the prior month.
  Worse-than-expected readings could inspire further rate cut bets from the Bank of England as officials contemplate the use of negative interest rates. Selling pressure in Sterling may also be amplified by growing uncertainty about the outcome of Brexit. Last week, EU and UK officials sent a chilling message about progress – or more accurately, the lack thereof – which subsequently sank the Pound.
  EUR/GBP Outlook
  EUR/GBP is testing the lower tier of the key inflection range between 0.8986 and 0.9091 (purple-dotted lines) where the pair had previously encountered both upside and downside friction amid market-wide volatility in March. If EUR/GBP shies away from clearing the multi-layered ceiling, a subsequent pullback may ensue. In this scenario, selling pressure may start abating when the pair hits familiar support at 0.8687 (red-dotted line).
buzai232 Oct 21 '20, 11:10AM
In an environment where many major currencies are range-bound, the British Pound has put in a recent streak of weakness.To get more news about WikiFX, you can visit wikifx official website.
  Brexit remains as a driver but the notable item from this week was talk of potentially negative interest rates in the UK.
  Next weeks economic calendar is rather light on high-impact data releases, pointing to the possible continuation of risk themes as a primary driver.
  GBP Bounces After Last Weeks Support Breaks
  It has so far been a brighter outlay this week for the British Pound as the currency has bounced against both the US Dollar and the Japanese Yen. Last week was marked by weakness in Sterling as sellers pushed each of those pairs down to fresh monthly lows; but at least a portion of that has been offset this week as both GBP/USD and GBP/JPY have thus far put in net gains, even as talk of negative interest rates from the BoE began to circulate through the headlines.
  This dynamic isnt necessarily discounting the prospect of negative interest rates as much as it may be driven by a related theme in risk markets. As discussed on the topic of Gold and then US equities, an interview from FOMC Chair Jerome Powell that was broadcast on Sunday night has helped to add some heat to the current risk rally, and this looks to have taken a toll on both the US Dollar and Japanese Yen getting hit with another bout of weakness; which has helped to buoy both GBP/USD and GBP/JPY.
  In Cable, the big question is whether sellers are going to react to that next spot of lower-high resistance, and there‘s a few possible areas where that may develop: From the below chart current support showed up around the 38.2% retracement of the March major move; and the 50% marker from that same study is very nearby, just above the 1.2300 handle. That area helped to provide a couple of spots of support in late-April and then again in early-May. Above that, the 61.8% retracement lines up very closely to the 1.2500 level, producing an element of confluence that may constitute an ’r2 zone of resistance.
buzai232 Oct 21 '20, 11:02AM
After the 2008 financial crisis, the whole world is afraid of whether there will be another financial crisis similar to that of 2008. When the crisis really comes, people are still unprepared and unable to deal with it. What is the real danger? The largest economy starts to divide due to trading, the whole country was hit by COVID-19. An uncoordinated policy response between countries will prolong economic weakness and trigger a new round of currency war.To get more news about WikiFX, you can visit wikifx official website.
Trade war, that means two or more countries have a conflict of trade taxes with each other. Generally, a country implements trade war in order to raise tariffs against other countries and expand its own exports. If the countries involved refused to compromise, they will face further increase of export tariffs.


  Currency war means that countries maximize their benefits through their own currencies, usually by devaluing their currencies to stimulate exports and gain benefits from the exchange rate. When countries begin to devalue their currencies competitively, global currency wars and exchange rate wars will break out.
  What's your leverage?
  With the quantity of COVID-19 confirmed cases keep raising, the market investors have an unprecedented sense of urgency.
  According to an analysis by MSIC, so far, global stock markets have fallen nearly 20 percent as a result of the spread of the COVID-19 epidemic and the collapse in oil prices, and volatility is expected to soar to more than 40 percent. It remains to be seen whether the crisis will follow a pattern similar to that of the past.
  Underthe epidemic, major central banks around the world have begun to act.
  The Fed cut interest rates by 50 bp and 100bp in a row, lowered the target range of the federal funds rate to 0- 0.25 percent, announced a new round of quantitative easing (QE) of $700 billion and cut the discount rate for emergency loans by 125bp. According to incomplete statistics, in addition to the Federal Reserve, more than a dozen central banks, including the Bank of Australia, the Bank of Canada and the Bank of Korea, have also entered the ranks of interest rate cuts.
  Although the European Central Bank and the Bank of Japan, which are already in negative interest rates, did not cut interest rates further, they both stepped up quantitative easing. The ECB added an additional 120 billion euros in asset purchases until the end of the year, while the Bank of Japan announced an Y6,000bn increase of its annual ETF purchase target to Y12 trillion and a raise of the Japanese real estate investment trust (J-REITs) purchase target to Y180 billion.
  It is worth noting that at present, a single monetary policy is no longer enough to boost market confidence. At present, the Fed is only one step away from negative interest rates, and there is a lot of speculation that the Fed will join the camp of negative interest rates in the future. However, whether negative interest rates can effectively boost the economy is still controversial, and the policy has also been criticized by many parties. The traditional monetary policy system, represented by the Federal Reserve, has been in trouble. Although extraordinary policy stimulus has become the norm, it cannot fundamentally break the situation and will deepen rather than alleviate the hidden risks.
  Judging from the fiscal measures of major economies, the US Congress has passed an $8.3 billion bill to deal with the COVID-19 epidemic, and the Trump administration is planning to launch a nearly $1,000bn economic stimulus policy. Canada has also announced a new fiscal measure of C$1.1 billion. South Korea's parliament approved a supplementary budget of 11.7 trillion won to deal with the impact of the epidemic on the economy and support fragile businesses and domestic consumption.
buzai232 Oct 21 '20, 10:54AM
All right. Here's a story about unexpected consequences. People are buying fewer lottery tickets because of the pandemic, which is bad for convenience stores and gas stations. But it also means hundreds of millions fewer dollars for school funding. Peter Medlin of member station WNIJ in DeKalb, Ill., explains what's going on.Get more news about 包网公司,you can vist nb68.com

PETER MEDLIN, BYLINE: Last year, the Illinois Lottery set records sales. Proceeds from Powerball tickets to scratch-offs contributed $731 million to public education. That translates to more than 10% of the state's funding for school districts. But the receipts don't look nearly as good this year. With more strict reopening guidelines, sales have plummeted. And revenue has nosedived nearly $90 million during the pandemic. Victor Matheson teaches economics at the College of the Holy Cross in Massachusetts, where he researches sports and the lottery.

VICTOR MATHESON: So we do know, roughly, nationwide, money from lotteries plus other gambling constitutes about 2% of all state budgets in the country as a whole. So that's not huge. On the other hand, it's as much as states generate from, for example, state tobacco taxes, state alcohol taxes.

MEDLIN: Forty-five states and the District of Columbia run lotteries. More than half of state lotteries funnel a portion of their revenue into education. Fourteen completely devote their lottery money to public schools and scholarships. In fact, in North Carolina they even call it the North Carolina Education Lottery. Officials tout that more than 10,000 students received free pre-K last year thanks to the lotto.

Schools in that state are now projected to receive about $30 million less than what they expected from the lottery. The pandemic lottery dip in places like North Carolina and Illinois wouldn't normally be a huge loss for public education. But Matheson says since it's happening at the same time as the recession, it's a small but irreplaceable amount.

MATHESON: The drying up of lottery funding is just symbolic of drying up of all sorts of other types of revenue sources that state and local governments and schools all depend on.

MEDLIN: Jeff Craig is superintendent of the West Aurora School District, located west of Chicago. He's feeling a bit of whiplash. He says, just before the pandemic, he was planning to add resources.

JEFF CRAIG: All those folders are now in a filing cabinet because it's not something we can talk about for years to come now.

MEDLIN: Now, Craig is trying to figure out how to pay for additional costs, things like sanitation, protective equipment and ensuring the emotional health of his students. When trying to calculate it at all, the losses add up quickly. Michelle Jahr is the chief financial officer at Rockford Public Schools.
buzai232 Oct 21 '20, 10:22AM
A Wentzville woman is millions of dollars richer after winning on a lotto ticket.Get more news about 牛博包网公司,you can vist nb68.com
According to the Missouri Lottery, Linda Barker purchased the winning ticket from the lottery's Oct. 7 drawing at Schnucks located at 1960 Wentzville Parkway.
Her Quick Pick ticket matched all six numbers drawn - 3,5,13,36,41,42 - to win the $6.9 million prize.
The Missouri Lottery said Barker is the second player to become a Missouri Lottery-made millionaire by winning a lotto jackpot in 2020.
In the last fiscal year, Missouri Lottery players in St. Charles County won more than $49.5 million in prizes. Retailers in the county received more than $5 million in commissions and bonuses, and an additional $11.6 million went to educational programs in the county.
All Missouri Lottery offices are currently open for claims of more than $600, by appointment only and in accordance with local health orders.
buzai232 Oct 21 '20, 10:17AM
A woman who won $1,000 in a second chance drawing on July 29 isn’t getting her prize because the certified letter she sent to the Florida Lottery’s headquarters never arrived.Get more news about https://www.loto98.com,you can vist loto98.com

Sue Burgess told WFLA that officials in Tallahassee told her “no ticket, no prize.”

The second chance lottery prize gives winners limited time to turn in a ticket to claim the prize. Their options are to either put the ticket in a dropbox at a local lottery office, which were not then open to the public due to the coronavirus pandemic, or mail them to the headquarters.

Burgess told the television station she felt it would be safer to send the ticket via certified mail with the U.S. Postal Service.

The tracking information shows the ticket arrived at a Tallahassee post office at 7:12 a.m. on Aug. 12. But the online tracking shows the ticket was never delivered to the lottery office.

When Burgess called, lottery officials told her that without a ticket, the prize would go to an alternate winner.

In a second chance game, the lottery has a record of winners because players register their names and contact information. Burgess told the station she was notified she won by a lottery official who called to give her the good news.

Typically, lottery winners of more than $600 can submit winning tickets in person at their local lottery office. But because of COVID-19, offices were closed to the public. Burgess says she was told she could send the ticket via certified mail or leave the ticket in a dropbox at a local lottery office.

Burgess said there was a one-week time frame to submit the ticket, but she missed an email about being a winner and by the time the office called her, she only had days to get the ticket post-marked.

“That’s why you choose certified mail,” Burgess told the station. “With COVID, I understand the mail is a little bit slow. But for safety sake, certified mail usually has priority.”Lottery officials told WFLA the claim was never received at the headquarters.

The claims department told Burgess to contact the postal service to find out what happened to the letter. The postal service said they are investigating what happened.In a statement to the station, the postal service offered an apology to Burgess for any “inconvenience.”

If the package arrives, lottery officials told the station they would bend the rules and pay Burgess the $1,000 if it was postmarked by the original deadline.“Ms. Burgess’ situation is an unusual circumstance and, to our knowledge, no other winner has experienced a similar issue,” the lottery said.
buzai232 Oct 21 '20, 10:10AM

Pennsylvania Lottery ticket worth $3.6 million sold


A lucky Pennsylvania Lottery winner will claim a $3.62 million prize after purchasing a Match 6 ticket at a Wawa in Chadds Ford.Lottery officials said the winning ticket was purchased at the store at 721 Naaman's Creek Road on Oct. 14.Get more news about 菲律宾牛博包网,you can vist loto98.com

More than 78,400 other Match 6 Lotto tickets also won prizes in the drawing.

Back in February, a $3 million Cash Scratch-Off ticket was sold at a Wawa in southwest Philadelphia, while a $1 million ticket was sold last November in Bucks County.

The winner of the Match 6 drawing has not been identified. The Wawa in Chadds Ford will receive a $10,000 bonus for selling the winning ticket.

The Pennsylvania Lottery reminds all who buy tickets to check their numbers against the drawing, every time.

buzai232 Oct 21 '20, 10:04AM

A winning New Jersey Lottery ticket worth more than $694,000 was sold in Bergen County.Get more news about 棋牌包网,you can vist loto98.com

The winning numbers from the Sunday, Oct. 18 Jersey Cash 5 drawing were 08, 10, 17, 33, and 35 and the XTRA number was 02

The ticket was sold at the ShopRite in Hackensack, on River Street, and is worth $694,658

The retailer will receive a bonus check for $2,000 for the winning ticket sold.
buzai232 Oct 21 '20, 10:00AM
World of Warcraft Classic has brought us all back to the glory days of Blizzard’s MMO, but an online game is never static – not even an old one. Blizzard previously detailed a phased release schedule for additional content, but the studio’s already breaking with those plans to bring you the Dire Maul dungeon more quickly.To get more news about cheap WoW Classic items, you can visit lootwowgold official website.

Dire Maul will go live “the week of October 15” – which, in case you haven’t noticed, is very soon. The dungeon was originally scheduled to go live as part of phase two, alongside world bosses and the PvP honour system. Game director Ion Hazzikostas has now announced at BlizzCon that the PvP honours system will arrive November 12, reiterating recent comments that phase two would release in 2019.

Hazzikostas says in the update video that the devs have “heard from many of you that you’re ready for something new to sink your teeth into. So while we originally had this phase two plan that was going to be Dire Maul dungeon, world bosses, and the honour system for PvP, I’m happy to announce that we’re going to break Dire Maul out separately and get it out there as soon as possible.”The full update video was mostly focused on Battle for Azeroth, including details on the new Allied Races and all the big features landing in patch 8.3 – otherwise known as Visions of N’Zoth.
buzai232 Oct 21 '20, 09:46AM
WoW Classic gamers are getting a big update this week that will bring the first Battlegrounds PvP Zones to the game.To get more news about wow classic buy gold, you can visit lootwowgold official website.

Blizzard confirmed earlier in 2019 that they had plans to speed up its launch schedule where it could.And that has led to the WoW Classic Battlegrounds release date being confirmed for later this month.

The downside is that World of Warcraft gamers will have to contend with some lengthy maintenance before they can explore the latest content.But Blizzard has provided news on most of these fronts, making it easier to predict what time the new PvP update will be going live.

WHEN IS THE WOW CLASSIC BATTLEGROUNDS RELEASE DATE?

Good news for fans, the WoW Classic Battlegrounds release date has been confirmed for December 10, 2019.

The news was shared earlier today, following the reveal it would be going live sometime this week. We now know that the new Wow Classic PvP update will be going live following a lengthy maintenance period.During this time, the game will not be playable on live servers for around eight hours on December 10.

According to the latest news from Blizzard, WoW Classic maintenance will begin at 7am PT on Tuesday, and won’t end until 3pm PT.For gamers in the UK, that means WoW Classic will become unplayable from 3pm until 11pm, GMT. It’s a long wait, but it should end with the release of the new WoW Classic Battlegrounds.
buzai232 Oct 21 '20, 09:33AM
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