Blogs

Comments by UK PM spokesman, James Slack – We are not at the point of changing social distancing measures – We need to meet the five tests – Tracing app is key part of surveillance program, but first need to meet the tests In case you missed it, the UK government outlined five tests before […]

Forex news from the European trading session – 28 April 2020 Headlines: Markets: – AUD leads, USD lags on the day – European equities higher; E-minis up 1.4%

Just only a week into the June futures contract, the focus will now start to turn towards the July futures contract instead the biggest commodity index also rolling exposure to July contracts

Latest data released by CBI – 28 April 2020 – -3 – Total distributive reported sales -68 – Prior 5 See here for global coronavirus case data Those are awful readings with the headline matching the lowest on record, as seen in December 2008. Meanwhile, retail sales expectations fell to -54, which is the lowest […]

European equities, US futures extend climb on the session See here for global coronavirus case data European equities are pushing gains of over 1% now, with US futures also rising to near 1% gains on the session. In turn, that is pushing the dollar lower with USD/JPY having broken below the 107.00 level as noted […]

S&P Global is reported to have told clients to roll all their exposure out of WTI June futures and into July with immediate effect See here for global coronavirus case data A spokesperson from the company is reported to have confirmed the notice as well.

Comments by Russian energy minister, Alexander Novak – Global oil market may start rebalancing in 2H 2020 See here for global coronavirus case data He also says that counting on the oil market balancing out the imbalance starting from next month once the OPEC+ deal is enforced. These are all pretty words but let's see […]

European equities are pushing higher, alongside US futures Oil prices remain pressured, down by 18% around $10.50 but so far that isn't having any significant spillovers to risk sentiment in general.

Navarro accused China of "profiteering" from the virus pandemic See here for global coronavirus case data "They could have contained it in Wuhan. They didn't. They seeded the world with this, with hundreds of thousands of Chinese getting on aircraft to Milan, to New York and other places." If we are going to

Ifo releases their latest forecast for the German economy – Sees economy contracting by 1.9% in Q1, 12.2% in Q2 – Sees economy returning to pre-crisis levels only at the end of 2021 See here for global coronavirus case data