Blogs

It's non-farm payrolls week Friday's jobs report is the highlight of the week but for today it's all about the relationship between the world's two largest economies.

Revision to durable goods orders Factory orders for the month March expected to show a -9.4% decline versus at 0.0% in the month of February. There is no estimate for ex transportation after a -0.9% decline in the prior month.

Forex news from the European trading session – 4 May 2020 Headlines: Markets: – JPY leads, GBP lags on the day – European equities lower; E-minis down 0.9%

Germany has begun easing various restrictions starting from today But the situation varies from state to state, and there will be further discussions on 6 May (Wednesday) to discuss about the reopening situation.

The market is keeping more pessimistic ahead of North American trading The main talking point since the weekend is heightened tensions between US and China as the heats up, not to mention as well.

European indices are down by roughly 3% across the board The return from the long weekend isn't a pretty one so far for European equities, as we see heavy declines across the board to start the new month.

Latest data released by Sentix – 4 May 2020 – -42.9 See here for global coronavirus case data The headline shows that investor sentiment remains extremely subdued, despite news of euro area economies starting to reopen over the past few weeks.

Japanese prime minister, Shinzo Abe, speaks in Tokyo – Regional framework on the state of emergency will continue to apply – Experts will assess the situation again 10 days from now See here for global coronavirus case data

Latest data released by the SNB – 4 May 2020 – Domestic sight deposits CHF 579.5 bn vs CHF 573.9 bn prior See here for global coronavirus case data Prior week's release can be found . Another substantial increase in sight deposits, suggesting that the SNB remains active in the currencies market as evident with […]

Latest data released by Markit – 4 May 2020 here Markit notes that: