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Trumps positive test adds further uncertainty to the markets

Cory
October 2, 2020

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.

Discussion
21 Comments
    CFS
    Oct 02, 2020 02:05 AM

    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.

      Oct 02, 2020 02:46 PM

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

        Oct 02, 2020 02:54 PM

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

          Oct 03, 2020 03:40 AM

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

    CFS
    Oct 02, 2020 02:08 AM

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

      Oct 02, 2020 02:59 AM

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

    Oct 02, 2020 02:18 AM

    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.

        Oct 02, 2020 02:25 PM

        “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.

          Oct 02, 2020 02:27 PM

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

            Oct 02, 2020 02:41 PM

            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.

            Oct 02, 2020 02:42 PM

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

            Oct 02, 2020 02:45 PM

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

          Oct 02, 2020 02:40 PM

          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

            Oct 02, 2020 02:42 PM

            Fecefornia…here we come…

    Oct 02, 2020 02:50 PM

    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?

      cfs
      Oct 02, 2020 02:48 PM

      A good one, Irish

    Oct 02, 2020 02:04 PM

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

    Oct 02, 2020 02:37 PM

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

      Oct 02, 2020 02:44 PM

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

      Oct 03, 2020 03:42 AM

      Ditto…………DICK AND DAVE…………