Blogs

Hong Kong leader, Carrie Lam, speaks – To allow 8 people per table at restaurants (currently 4) – To allow gyms, cinemas to reopen – Bars can also reopen but with capacity restrictions See here for global coronavirus case data

Stocks are keeping more optimistic to start the morning – Eurostoxx +1.0% – Germany DAX +1.4% – France CAC 40 +0.8% – UK FTSE +1.3% – Spain IBEX +1.8% See here for global coronavirus case data

Latest data released by the Federal Statistics Office – 5 May 2020 – -0.5% – Prior -0.1% See here for global coronavirus case data This is a troubling sign for the SNB and it may prompt them to step in with other measures even before their June meeting. Sight deposits data in April rose by […]

The UK continues to insist that no added time is needed The UK still wants some semblance of a concrete deal before the end of June, otherwise we may be staring down the barrel of a no-deal Brexit. Tick tock, tick tock.

Technicals and fundamentals point to May as a bearish month The Australian dollar started the week weak on the changing risk tone that we have seen come into the market from last week. The escalation of the US-China trade war rhetoric from the US and finger pointing at Wuhan for the alleged release of the […]

A more upbeat tone in early trades – German DAX futures +1.4% – French CAC 40 futures +1.4% – UK FTSE futures +1.3% See here for global coronavirus case data

That tells you the insane amount that governments are spending to try and prevent a long-term economic crisis This unprecedented government support is mainly to avoid people losing their jobs, which could lead to more undesirable economic and social consequences in the long-run.

Daily thread to exchange ideas and to share your thoughts US futures are up by ~0.9% so that is helping with sentiment ahead of European trading. Meanwhile, the dollar is a tad bit softer amid narrow ranges with the euro also looking tepid ahead of the German court ruling on the legality of the ECB's QE program.

Australia prime minister, Scott Morrison, speaks after the Cabinet meeting – No change to Australian position on the origin of the coronavirus – Most likely origin was a wildlife wet market On the headline remark, the New Zealand government also issued a statement saying that they are committed to introducing a safe travel zone as [&hel

The daily cases continue to moderate at lower levels under the 1,000 mark See here for global coronavirus case data The additional 685 new cases brings the total to 163,860 cases in the country, with the 139 deaths reported bringing the total tally on that front to 6,831 persons.