Ed Moya - Senior Market Analyst at OANDA – Fri 2 Oct, 2020

Trumps positive test adds further uncertainty to the markets

Ed Moya, Senior Market Analyst at OANDA joins me today to address the positive COVID test from President Trump and the added uncertainty that this adds to the financial markets. This also plays into uncertainty over the election and any change of a government spending bill being passed.

All things considered markets are fairly muted in their moves today. We look at US markets, the US Dollar, and gold.

Click here to visit the OANDA website and read over Ed’s daily note.

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Comments:
  1. On October 2, 2020 at 10:05 am,
    CFS says:

    Trump knows the therapeutic treatment for covid-19. He will illustrate just how non-lethal this disease is, despite his age and over-weight problems.
    Then, PERHAPS, we can get the schools back, AND THE COUNTRY BACK TO NORMAL. or at least as normal as possible.
    A recent poll showed over 50% of the public think getting covid = death….crazy.

    • On October 2, 2020 at 12:46 pm,
      OOTB Jerry says:

      We are not returning to normal, anytime soon……………
      And what is normal……?

      • On October 2, 2020 at 4:54 pm,
        Nigel says:

        Normal is the year you were 18, it gets less and less normal after that

        • On October 3, 2020 at 4:40 am,
          OOTB Jerry says:

          Ha,Ha,…….Good One Nigel……..I think you are spot on……

  2. On October 2, 2020 at 10:08 am,
    CFS says:

    Will gold stay above $1900 for a Friday close? Not is the bankers have their way.

    • On October 2, 2020 at 11:59 am,
      franky says:

      You didn’t see that coming ( E ) CFS ?

  3. On October 2, 2020 at 11:18 am,
    irishtony says:

    On October 2, 2020 at 7:47 am,
    cfs says:

    Wouldn’t it be great if the Donald and Melania came out in 5 days or so and said we’ve had covid-19, nut we’ve been taking HCQ and only had had minimal symptoms and are now virus-free.
    That would be a nice in your face to the media of Trump was right and the media was wrong.
    Reply to this comment

    On October 2, 2020 at 9:09 am,
    irishtony says:

    Bloody Hell…cfs….I was talking to a friend a few hours ago , & said exactally the same thing to Her…..Is it a question of great minds think alike.
    If that “WAS” to happen, then the lock-downs would end …imo.
    How then could the “FAKES” like gates / fauci / birx tedos , & the rest of the scamers around the world, be able to tell the world that this treatment, & cure dos’ent work.

    • On October 2, 2020 at 12:19 pm,
      OOTB Jerry says:
      • On October 2, 2020 at 12:25 pm,
        OOTB Jerry says:

        “He’s an evil genius and I raise the possibility of him lying about having COVID-19 to prepare us and counteract his game,” Moore posted to Facebook, just hours after President Trump announced his positive test result “He knows being sick tends to gain one sympathy. He’s not above weaponizing this.”

        “Democrats, liberals, the media and others have always been wrong to simply treat him as a buffoon and a dummy and a jackass. Yes, he is all those things. But he’s also canny. He’s clever. He outfoxed Comey. He outfoxed Mueller. He outfoxed 20 Republicans in the GOP primary and then did the same to the Democrats, winning the White House despite receiving fewer votes than his opponent,” Moore continued.

        • On October 2, 2020 at 12:27 pm,
          OOTB Jerry says:

          Trump is playing Covid 5 D chess……….. lol

          • On October 2, 2020 at 12:41 pm,
            blazesb says:

            Then again, Jerry, Trump could just die. Note: I am not predicting nor hoping, merely observing. He’s in a lousy demographic to be infected with covid.

            The virus doesn’t know who he is.

          • On October 2, 2020 at 12:42 pm,
            OOTB Jerry says:

            He will die, and that is a fact…….Everyone dies……… 🙂

          • On October 2, 2020 at 12:45 pm,
            Ebolan says:

            Except Blowsi…and Crapstein…and Biden…hell he’s been in the Imperial Senate 180 years…or it sure seems like it.

        • On October 2, 2020 at 12:40 pm,
          Ebolan says:

          Don’t anyone listen to those Hollyweirdos…they’re so full of Adam Schiff…

          https://www.youtube.com/watch?v=1_JOscPpaBM&feature=emb_logo

          • On October 2, 2020 at 12:42 pm,
            Ebolan says:

            Fecefornia…here we come…

  4. On October 2, 2020 at 12:50 pm,
    irishtony says:

    Just had to post this , comes from a blogger at Zerohedge , who goes under the name of Cheap Bastard………….
    3 hours ago

    Dr. Anthony Fauci, Director of the U.S. National Institute of Allergy and Infectious Diseases, told Joe Biden “This morning, three Brazilian people died from Covid-19.”
    Biden’s face went egg-shell white with shock. The blood drained from his face and to everyone’s amazement he collapsed on the floor.
    Minutes passed and, to everyone’s relief, Biden got up shakily and then sat back on his chair.
    His staff was nothing less than stunned at this display of emotion from Joe Biden, nervously watching as he sat, head in hands.

    Finally, Joe looked up and with a shaky quivering voice asked Dr Fauci, “How many people is a brazillion?

    • On October 2, 2020 at 4:48 pm,
      cfs says:

      A good one, Irish

  5. On October 2, 2020 at 3:04 pm,
    David says:

    Why isn’t all this Gold Positive? No matter what happens, it seems to be something that supports PMs. The game needs to stop.

  6. On October 2, 2020 at 3:37 pm,
    Dick Tracy says:

    I don’t know about you but I am becoming sick and tired of this whole covid mess. DT

    • On October 2, 2020 at 3:44 pm,
      David says:

      Not sure I can do anything but move along and be safe. Reminds me of basic training.

    • On October 3, 2020 at 4:42 am,
      OOTB Jerry says:

      Ditto…………DICK AND DAVE…………