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US MBA mortgage applications w.e. 12 June +8.0% vs +9.3% prior
Latest data from the Mortgage Bankers Association for the week ending 12 June 2020 – +8.0% – Market index 846.9 vs 784.5 prior – Refinancing index 3,891.5 vs 3,529.0 prior For bank trade ideas, check out eFX Plus
Germany's Scholz: Don't expect a massive lockdown even if second virus wave comes
Comments by German finance minister, Olaf Scholz Otherwise, it is going to be the case of putting the fire out whenever there is one because the economic and social damage is just too heavy a burden to bear for governments.
German government urges other EU member states to prepare for no-deal Brexit – report
Reuters reports on the matter The report cites an internal document from the German government, saying that they are urging other EU member states to prepare for a no-deal Brexit with the German foreign office now convinced that the transition period will not be extended.
EURUSD quiet, but keep bigger picture in mind
EURUSD Looking to trade the EURUSD? to learn more. Checkout ForexSource.co
Both positive & negative catalysts in play for AUDUSD
AUDUSD in focus Looking to trade the AUDUSD? to learn more. Checkout ForexSource.co
Eurozone April construction output -14.6% vs -14.1% m/m prior
Latest data released by Eurostat – 17 June 2020 – -14.1%; revised to -15.7% – Construction output -28.4% y/y – Prior -15.4%; revised to -17.5% For bank trade ideas, check out eFX Plus
Eurozone May core CPI +0.9% vs +0.9% y/y prelim
Latest data released by Eurostat – 17 June 2020 – CPI +0.1% vs +0.1% y/y prelim The preliminary release can be found . No changes to the initial release as annual inflation is seen slumping to its lowest level in four years in May, though the core reading isn't as bad but is still going […]
Brexit negotiations only to enter "hot phase" in September – German government document
Germany expects Brexit negotiations to drag out longer into September This sort of runs against the narrative from the high-level meeting this week that both sides are said to be "close" to finding some room for compromise, with UK prime minister Johnson suggesting that a deal could be seen even in July with "a bit [&hell
Germany reportedly said to ban large events until end-October at least
German news outlet, n-tv, reports This will also surely be the case for almost all countries as the likes of large sporting events, concerts, and festivals are pretty much a hotbed for the coronavirus to spread.