The latest inflation expectations data from the NY Fed There's a small risk that the Fed hints at less easing or winding down programs on Wednesday and surveys like this get their attention, even if they're driven mostly by two factors.
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World Bank: Global economic output to fall -5.2% vs +2.5% forecast in January
World Bank comments on growth post coronavirus Some sobering projections from the World Bank although it's really anyone's guess…. For bank trade ideas, check out eFX Plus
ECB's Lagarde: Confident good solution will be found on German court
Answering questions in the European Parliament – confident good solution will be found on German court – ECB will provide any help needed on German rolling – capital markets union would bolster role of euro For bank trade ideas, check out eFX Plus
How to reduce anxiety on open trades
Take a breath Need to reduce stress in your trading? to learn more.
When does a sentiment trade become invalid?
How long does sentiment last? Looking to trade sentiment? to learn more. Checkout ForexSource.co
Currency relative performance in Xenith
King dollar Looking to trade off USD moves? to learn more. Checkout ForexSource.co See here for global coronavirus case data
How do stock markets react to civil unrest?
Not much, via CNBC I came across an interesting article on CNBC which looked at the impact of US civil unrest on stock markets. It is worth reading the article in full but here are the key points:
S&P downgrades Japan’s rating outlook as weak government finances deteriorated due to pandemic
<p>S&P Global Ratings affirmed Japan’s A+ long-term and A-1 short-term sovereign credit ratings. However, outlook is downgraded from positive to stable as the “weak government finances have deteriorated further in fiscal 2020 owing to the COVID-19 pandemic”. “The fiscal position should improve materially once the
Eurozone GDP contracted -3.6% in Q1, worst in France, Spain and Italy
<p>Eurozone’s Q1 GDP contraction was revised up to -3.6% qoq, up from initial estimate of -3.8% qoq. That was still the sharpest decline on record since 1995. For EU, GDP contracted -3.2% qoq, also the worst since 1995. Household final consumption expenditure had a strong negative contribution to GDP growth in both Eurozone and the [&he
Ifo: 24% of German business needed liquidity support, industries affected in very different ways
<p>Germany’s Ifo institute said 24% of companies said they need liquidity support during the coronavirus crisis. But “the corona crisis affects the industries in very different ways”. A particular large number of retailers and service providers were indeed of the support, at 30% each. Only 17% in industry and 5% in construct