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| Los Angeles Chargers money line | +280 (bet $100, win $280) |
| New Orleans Saints money line | -345 (bet $345, win $100) |
| Los Angeles Chargers spread | +7 (-110) |
| New Orleans Saints spread | -7 (-110) |
Six teachers in Cy-Fair ISD will get to makeover their classrooms after Cy-Fair Federal Credit Union announced the winners and runners up of its Extreme Classroom Makeover competition.
Cy Springs math teacher Tyran Alfred, Cook Middle School teacher Hector Veronica-Gutierrez, and Holmsley Elementary reading, language arts and social studies teacher Lorena Carter each won $500, according to a district press release.
Alfred plans to use the $500 to redesign her classroom with her students’ needs in mind, including stations designated for specific purposes like group work.
“Having an opportunity to put into practice all I’ve stated will enable my school to participate in the 21st-century shift from teacher-focused space to a more student-focused one,” Alfred said in the press release.
Extreme Classroom Makeover competition runners up included Cy Lakes L.I.F.E. Skills teacher Cassandra Revella, Campbell Middle School sixth grade
NEW YORK, Oct 6 (Reuters) – Foreign exchange markets are growing less fearful about the outcome of next month’s U.S. presidential election, judging by the fall in longer-dated implied volatility on options, the main measure of how much risk is perceived.
Currency options investors are increasingly betting that Democratic challenger Joe Biden will conclusively defeat President Donald Trump, given his lead in prediction markets and national polls.
This can be seen in the fall of some prices for implied volatility, which measures how much the options market believes spot exchange rates will move over a given period and is distinct from actual or realized volatility.
Biden opened his widest lead in a month in the U.S. presidential race after Trump’s positive coronavirus test as a majority of Americans believed he could have avoided infection if he had taken the virus more seriously, the latest Reuters/Ipsos poll showed.
Options are
ICYMI: Rhode Island was up to 25,076 confirmed coronavirus cases on Friday, after adding 133 new cases. The test-positive rate was 1.4 percent. The state announced one new death, bringing the total to 1,118. There were 96 people in the hospital, seven in intensive care, and seven were on ventilators.
* * *
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With the general election just four weeks away, we’re giving you the chance to pick the winners of 61 races and one statewide ballot question, including the race for president, every mayoral matchup, and all of the contested seats in the General Assembly.
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By Friday, they were quickly shifting gears on the basis that Trump’s positive result would deal a blow to his campaign and lessen the overall chances of a contested election outcome.
“Trump contracting the coronavirus will elevate institutional money’s preparation for a Democratic White House and all the tax, trade and budget implications that go along with it,” James McDonald, CEO of Los Angeles-based fund manager Hercules Investments wrote in a note.
“We expect institutional investors to start de-risking portfolios and increasing hedges in preparation for market volatility.”
Oil prices dropped on the news and stocks saw an initial selloff in a volatile morning trading session. L8N2GT1IW
Major banks have been running simulations to ensure they can cope with a spike in market, liquidity and credit risks in case of a contested election or even a constitutional crisis.
One senior capital markets banker said on Friday that their institution
(Adds strategist quotes and details throughout; updates prices)
* Canadian dollar advances 0.5% against greenback
* Canadian GDP increases 3% in July
* Loonie declines 2.1% in September
* Canadian government bond yields rise across steeper curve
By Fergal Smith
TORONTO, Sept 30 (Reuters) – The Canadian dollar
strengthened to a one-week high against the greenback on
Wednesday as hopes of additional U.S. stimulus rose and data
showed the domestic economy extending its recovery, with the
loonie clawing back some of this month’s decline.
The loonie was trading 0.5% higher at 1.3323 to the
greenback, or 75.06 U.S. cents. The currency touched its
strongest intraday level since last Wednesday at 1.3301.
Still, the loonie posted a monthly decline for the first
time since March as rising Canadian coronavirus cases weighed on
investor sentiment. It ended September 2.1% lower.
The big driver for investors was news “that there’s some
progress on
U.S. stocks finished lower Tuesday, after moving between small losses and gains throughout the session, ahead of the first presidential debate before the November election.
The Dow Jones Industrial Average
DJIA,
fell 131.40 points, or 0.5%, to end at 27,452.66; while the S&P 500 index
SPX,
closed 16.13 points, or 0.5%, lower at 3,335.47, and Nasdaq Composite Index
COMP,
slipped
NQ00,
32.28 points, or 0.3%, finishing at 11,085.25. All three major equity indexes snapped three sessions of gains.
On Monday, the S&P 500 rose 53.14 points, or 1.6%, to end at 3,351.60. The Nasdaq climbed 203.96 points, or 1.9%, to close at 11,117.53. The Dow advanced 410.10 points, or 1.5%, finishing at 27,584.06, while booking its third session of gains in a row.
After a positive start to kick off the final week of trading in September,
By Foo Yun Chee
BRUSSELS, Sept 29 (Reuters) – Alphabet GOOGL.O unit Google has offered concessions for a second time in a bid to address EU antitrust regulators’ concerns about its bid for fitness tracker maker Fitbit FIT.N, a European Commission filing showed on Tuesday.
The Commission, which is scheduled to decide on the deal by Dec. 23, did not publish details of the concessions in line with its policy.
The EU competition enforcer will now seek feedback from rivals and customers before deciding whether to accept the concessions, demand more, or either clear or block the detail.
Last month, it rejected Google’s pledge not to use the fitness tracker’s data for advertising purposes in a bid to address competition concerns, saying that it was insufficient.
The Commission recently asked Google rivals and customers about interoperability issues, what technical steps the company could take to foreclose competition to
(Bloomberg) — When the recent spike in volatility starts to ease, watch for these unlikely candidates to emerge as potential carry-trade winners: the low-yielding South Korean won and Malaysian ringgit.
That’s according to a Bloomberg study of 10 emerging-market currencies looking at how current volatility compares with levels prevailing in the last period of super-low interest rates in 2012 and 2013. The analysis found fluctuations in the won and ringgit were closest to the lows from that time, meaning they offer a greater chance of dropping back even further and delivering more stable returns as carry-trade targets.
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Lower Is Better
At the same time, a rush among central banks around the world to cut interest rates to combat the coronavirus has compressed the extra yields offered by countries such as Brazil, Indonesia and South Africa. This is reducing the allure of the more typical favorites for carry trades,
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