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Protestors in support of former President Donald Trump gather outside Veterans Memorial Coliseum where Ballots from the 2020 general election wait to be counted on May 1, 2021. (Courtney Pedroza | Getty Images)
The Arizona Senate s audit of Maricopa County s election results is still underway and a number of pro-Trump and conspiracy-minded groups are raising money for it, though it is unclear how much money has been raised, how much the audit will cost and who will receive that money.
Cyber Ninjas, the Florida-based firm heading up the audit team, has refused to say who is paying it and how much they are paying. The Senate agreed to pay the company only $150,000 an amount that Senate President Karen Fann acknowledged she knew was far short of what it would cost and let it raise the rest from private sources, even though the Senate is sitting on a $3.5 million nest egg it could have used to pay for the audit.
British Pound Forecast: GBP/USD, GBP/JPY Levels to Watch Ahead of BoE
2021-05-03 02:00:00
Daniel Moss,
Analyst
British Pound, GBP/USD, GBP/JPY, IGCS, Bank of England – Talking Points:
The British Pound looks set to extend gains against its haven-associated counterparts ahead of the BoE rate decision.
GBP/USD rates perched constructively above the trend-defining 55-EMA.
GBP/JPY tracking within the confines of an Ascending Channel.
The British Pound slid lower against its haven-associated counterparts at the end of April, on what appeared to be month-end rebalancing by market participants. With bullish technical formations still in-tact, GBP looks set to continue gaining ground against JPY and USD ahead of the Bank of England’s rate decision on May 6.
US Dollar Price Forecast: Sell-in May Dynamic Could Drive DXY Higher
2021-05-03 07:00:00
Daniel Moss,
Analyst
US Dollar, DXY, Non-Farm Payrolls, ISM PMIs, Sell-In May – Talking Points:
The haven-associated US Dollar may continue to gain ground on seasonal dynamics and robust economic data.
Bullish Falling Wedge break hints at further gains for the US Dollar Index (DXY).
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Asia-Pacific Recap
Equity markets slipped lower during Asia-Pacific trade, as inflation concerns and geopolitical tensions weighed on market sentiment. Australia’s ASX 200 held relatively steady on the day despite news that the nation is reviewing Chinese ownership of a major port in the Northern Territory. Japan’s Nikkei 225 (-0.83%), Hong Kong’s Hang Seng Index (-1.51%), and China’s CSI 300 (-0.79%) all lost ground.
Everything we know about who is funding the Arizona election audit
The Arizona Senate’s audit of Maricopa County’s election results is still underway and a number of pro-Trump and conspiracy-minded groups are raising money for it, though it is unclear how much money has been raised, how much the audit will cost and who will receive that money.
Cyber Ninjas, the Florida-based firm heading up the audit team, has refused to say who is paying it and how much they are paying. The Senate agreed to pay the company only $150,000 an amount that Senate President Karen Fann acknowledged she knew was far short of what it would cost and let it raise the rest from private sources, even though the Senate is sitting on a $3.5 million nest egg it could have used to pay for the audit.