Memories of the Diamond Princess – a coronavirus-infested cruise ship that was moored for weeks in Japan – are probably forgotten. Carnival Corp will
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Second wave of Covid infections? – Risk-off position in play
<p>US Equity futures and European bourses are recovering from losses in Asia and are in the green, with the exception of the CAC 40. Many markets in the Asia region have seen a paring in declines during their respective afternoon sessions after China announced a new list of US imports eligible for <span><strong>tariff waivers</
Downside Risks for US Retail Sales
<div> <div> <p>Data starts to pick up with CPI today, along with Retail Sales and Industrial Production on Friday. The April Retail Sales are anticipated to plunge by -13.5%, with a -9.0% ex-auto drop, after respective March declines of -8.4% and -4.4%.</p> <p>Mandatory shutdowns depressed retail sales components sharp
Loonie Pressured Again
<h3>USDCAD, H1</h3> <p>USDCAD printed a five-day high at <strong>1.4065</strong> (R1), with the Canadian Dollar having weakened amid a backdrop of flagging global stock markets amid concerns about fraying relations between the US and China at a time when news of various upticks in the rates of coronavirus infections in