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Buckle up for Brexit talk day - final round of scheduled tasks begin Monday

The deadline is on approach, today in Brussels the final round of negotiations begin between the EU and UK. Its already been a choppy kick off to the week for GBP. Optimism:

ICYMI - There are reports about of a planned terrorist attack on the US embassy in Baghdad

There is much chatter about on an attack on the embassy being planned. The embassy is heavily defended inside the Green Zone in the city so perhaps its rockets and such. Or fervent-type dudes with a death wish.

Australia will continue to underwrite major domestic air routes for the rest of the year

When I say 'Australia' I refer to Australian taxpayers of course. The Australian government has decided on a further extension of support measures for airlines. Further details will be announced later today.

Trump asked about his tax records - says New York Times report is fake new

The NYT says it has obtained Trump's tax records, link to the piece is here: Trump has (finally) been asked about it and says its fake news, that the truth will come out when his returns are released after audit.

Trump says "of course" there will be a friendly transition - so far no word his tax returns

Trump is speaking from a White House event. He expresses confidence he will win the election but if not 'of cpourse' there will be a friendly transition. Which is good news. 

Heads up for comments from Trump coming from 5.30pm NY time (2130GMT)

If there is anything pertinent I'll get it posted. Trump may be talking about the leaking of his tax returns, yes they have finally come out. The New York Times:

Another ECB member weighs in a warning about EUR - Visco worried by EUR strength - mentions intervention

European Central Bank member and Italy's central bank governor Ignazio Visco  spoke at an event on Sunday.  Sabre rattling from Visco.  EUR has backed off from recent highs but not by much. 

Trade ideas thread - Monday 28 September 2020

Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:         

Economic calendar due from Asia on Monday 28 September 2020

A nearly empty data calendar for the session ahead. Over the weekend China released data for Industrial Profits for August: +19.1% vs +19.6% prior y/y 

US House Speaker Pelosi said another coronavirus stimulus plan is possible

Speaking to media on Sunday. Pelosi says still speaking with US Treasury Secretary Mnuchin. Huh. Pelosi and Mnuchin are not the issue. Until we see something substantive from Senate leader McConnell and/or stimulus blocker Meadows in the White House what Pelosi or Mnuchin say is irrelevant.

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