Open: London Session | Forex, Metals, Oil, Agriculture November 13, 2020



Dollar indexThe dollar index was largely flat yesterday trading around the key resistance level of 93. The rupee (INR) settled 28 paise lower against the dollar (USD) as it ended the last session at 74.65 versus Wednesday’s close of 74.37. However, the dollar index indicate sluggish dollar movement.


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United States

Twitter flagged Trump’s claim, saying, “This claim about election fraud is disputed.” Other lawmakers have raised serious concerns about the software, although Dominion has denied such claims. WTTC’s 2019 Economic Impact Report details how travel and tourism accounted for at least $1.84 trillion to the US economy and was responsible for 10.7% of all US jobs. In a separate report, Goldman’s economic team uses real-time data to determine the US economy is rolling over due to the resurgence of the virus pandemic.
That much became clear in March when Trump dispatched the naval hospital ship USNS Comfort to New York City as part of the government’s response to the ongoing pandemic. The pope’s monthly prayer intentions, published on the US Conference of Catholic Bishops’ website, was also featured in a short video clip on YouTube via Vatican News. While companies on Wall Street are bullish, TTEC gets no real attention here on Seeking Alpha, which is a good measure of the interest retail investors have in it.
On election night, Trump was enjoying a comfortable lead in the critical swing states of Georgia, North Carolina, Michigan, Pennsylvania and Wisconsin. According to the report, 7.2 million jobs in the US have already been impacted. I created the information below by combining the “U.S. Dividend Champions” spreadsheet hosted here with upcoming dividend information from Nasdaq. The Fed maintains low-interest rates and quantitative easing that since 2008 have lifted markets from the GFC lows.


Yet the communique that EU home affairs ministers will issue today (on the anniversary of the Bataclan attacks in Paris) bears little resemblance to the original proposal. Boris Johnson’s top aide set to leave, central bankers warn against vaccine euphoria and TikTok gets a break. The ECB’s Christine Lagarde said while it s now becoming possible to see past the pandemic, I don t want to be exuberant. Ministers and EU leaders will revisit the issue next month.
Nikos Chrysoloras and John AingerWhat s HappeningBrexit Unfocused | Brexit talks wrap up in London today before resuming on Monday back in Brussels.