Singapore’s Trade and Industry Minister Chan Chun Sing confirmed that the city-state is bracing for a more significant economic contraction than the previously forecast 4.0% annualized GDP slump.
Blogs
Canadian Dollar Falls as Oil Markets Struggle – 27 April 2020
Last week the Canadian Dollar fell 0.73 percent against the greenback, following the recovery of the oil markets and improving from the previous week's figures.
How Coronavirus has Affected the Forex Market
As the main driver of the Forex market, what is the USD going to do as chaos caused by the coronavirus pandemic assaults the global economy? The Forex markets have been relatively stable (compared to stocks and commodities) since the outbreak of the virus, but will this continue? Unfortunately, the final math is not known, […]
White House daily coronavirus presentation about to recommence – live link
As noted yesterday, President Trump did not conduct the daily show on Saturday or Sunday after his 'drink bleach' recommendation on Thursday last week. His comments drew warnings from cleaning product manufacturers not to ingest or inject their products.
South Korean data – consumer confidence (April) hits its lowest since December 2008
SK Consumer Sentiment Index at 70.8 vs. 78.4 in March – A reading below 100 indicates pessimists outnumber optimists. South Korea is often seen as a leading indicator for the global economy.
Boeing says it will resume 787 operations in South Carolina on May 3, 4
Boeing suspended the operations on April 8 – first week of May set as the restart. more to come See here for global coronavirus case data
Trade ideas thread – Tuesday 28 April 2020
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:
Economic calendar due from Asia today – Tuesday 28 April 2020
2301 GMT UK – Lloyds business barometer for April 2330 GMT Australia weekly consumer confidence 2330 GMT Japan Jobless (Unemployment) rate for March – expected 2.5%, prior 2.4% Job to applicant ratio for March
US CDC cases rise to 957,875 from 928,619 yesterday
Total cases rise by 29,256 on the day The CDC is out with US coronavirus statistics for the day See here for global coronavirus case data
Ohio Gov. Dewine: Announces reopening transition
Ohio Gov. the wine speaking about reopening of states economy See here for global coronavirus case data