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US President Trump announced he instructed his government to revoke all special considerations for Hong Kong after China passed a new security law governing its semi-autonomous regions.

New Zealand’s Finance Minister Robertson is defending his government's response to the Covid-19 pandemic.

Last week, the Brazilian Real grew 3.67 percent against the Greenback, advancing for the second week in a row.

Adds that there is no plans to tax household savings either For bank trade ideas, check out eFX Plus

Buy Netflix and chill? During the COVID-19 theme there has been a continued limitation in what people can do. Watch TV, buying food, go for some exercise,  communicating via zoom and a spot of DIY have all been the main themes. These have resulted in the rise of the so-called 'stay at home' stocks chosen […]

Latest data released by the Federal Statistics Office – 2 June 2020 – -5.6%; revised to -5.8% For bank trade ideas, check out eFX Plus Retail sales plunged heavily in April amid lockdown measures and that is expected, with a similar situation experienced across the region and in most other countries as well. There should […]

No stopping the run higher in the Nikkei just yet Elsewhere, US futures are keeping slightly softer, down by around 0.2% so that is keeping the overall risk mood more tepid to start European morning trade.

Latest data released by UK Nationwide Building Society – 2 June 2020 – +0.7% – House prices +1.8% vs +2.8% y/y expected – Prior +3.7% For bank trade ideas, check out eFX Plus

Comments by France finance minister, Bruno Le Maire Again, just take all these forecast narratives with a pinch of salt because they will constantly change depending on economic developments in the coming weeks/months.

NHK reports, after more than 30 new cases were found in the past day Of the 13 new cases yesterday, 8 were believed to have occurred in nightlife districts and such reported cases – especially in Shinjuku – are said to have accounted for 30% of new infections in Tokyo in the past week.