Blogs

Eric Rosengren is president of the Federal Reserve Bank of Boston, speaking in a Bloomberg TV interview  – says he expects the economy to pick up in H2 – jobless rate to peak near 20% and by the end of the year it'll still be in double digts 

Comments from Rosengren on CNBC: There was nothing notable here. See here for global coronavirus case data

Comments from the Boston Fed leader The nod to fiscal policy is no accident, it's part of a coordinated Fed policy to nudge Congress towards spending more. See here for global coronavirus case data

The USDCHF is not saying much to me at the moment, but I will talk about it anyway…. Most times, I can make some logical sense from the picture of a chart.  It's no secret, the 100 and 200 bar MAs are important in my analysis. They tell me a story every day.

Currency strength  In this video we show you how to recognise strength and weakness in the currency markets as well as details of how to set up a free currency strength table for yourself. 

<p>According to preliminary data, Australia retail sales dropped -17.9% mom in April. That’s the biggest seasonally adjusted fall on record, and came after the biggest jump in March. Comparing to a year ago, retail turnover dropped -9.4% yoy. Falls were seen in every industry, with particularly strong falls in food retailing, cafes, res

<p>RBNZ Governor Adrian Orr said in a Bloomberg interview today that he’s currently “targeting a low and flat yield curve through the purchases bonds.” The central bank “does not want to go to negative rate at this point”. It’s “prepared to go to negative rate but a lot later” And it remains one

<p>According to the coronavirus business impact tracker of the British Chambers of Commerce, only 37% of firms said they can “fully restart” operations while implementing the government’s coronavirus workplace safety guidance. 45% said they can “partially restart”. BCC Director General Adam Marshall said: “

<p>US Congressional Budget Office said in a report yesterday the economy is expected to &#8220;begin recovery during the second half of 2020&#8221;. Labor market is projected to &#8220;materially improve after the third quarter&#8221;. Though, &#8220;the persistence of social distancing will keep economic activity and labo

<p>Boston Fed President Eric Rosengren said yesterday that unemployment will likely “peak at close to 20%” in the US. “Unfortunately, even by the end of the year, I expect the unemployment rate to remain at double-digit levels.” He emphasized that “public health solutions are paramount”. Without them, it wi