Day: October 23, 2020

news and charts

MARKET NEWS AND CHARTS FOR OCTOBER 23, 2020

USDCAD Optimism has returned to the USD investors following the better-than-expected initial jobless claims and from the recent update on the new stimulus bill. On Thursday’s report, October 22, there were 787K individuals who filed for unemployment claims. This figure was lower than the previous month’s 842K, a revision from 898K. Also, last week’s record …

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CME group Bitcoin

CME Bitcoin Futures Market Became the Second-Largest

According to the latest news, the CME Bitcoin futures market overtook Binance futures to become the second-largest BTC futures exchange by open interest. Moreover, the institutional volume is rapidly increasing a larget share of the crypto market. Remarkably on October 10, Skew reported that the CME futures market’s open interest dramatically increased by 1,500 contracts. …

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Hokkaido Japan photo

Japan Raises View on Demand, but Economy still Severe

The Japanese government upgraded its view on consumption in its October monthly report. It was on stronger demand for electronics and higher travel spending. But it warned about broader economic conditions remaining severe due to the COVID-19 pandemic. The world’s 3rd largest economy showed signs of picking up from the fallout of COVID-19. This included …

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PointGrab technology

PointGrab’s Technology Can Monitor Social Distancing

Companies are trying to get workers back to the office, from home. The problem, however, is that they have to protect employees from the Covid-19 virus. It would not be surprising to say that it is first and foremost necessary to maintain social distancing. An Israel company considers it can help, using smart sensors positioned …

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