UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting reviewed the latest inflation figures in Malaysia. Key Quotes “Consumer price inde
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Coronavirus: A significant change in the dollar's status – Natixis
In past recessions, the US dollar has always appreciated significantly against all currencies. But today, this is the case against emerging countries'
Japan Govt cuts economic assessment for 2nd straight month in April as pandemic fallout widens
Japan Govt cuts economic assessment for 2nd straight month in April as pandemic fallout widens. more to come …
GBP/USD holds steady near mid-1.2300s, moves little post-UK PMIs
The GBP/USD pair held steady around the 1.2345-50 region and had a rather muted reaction to the latest UK macro data. The pair seesawed between tepid
EUR/USD tumbles to fresh lows near 1.0780, focus on Eurogroup
The bearish note stays well and sound around the European currency and is dragging EUR/USD to fresh weekly lows near 1.0780. EUR/USD weaker on data, l
Oil: Prices will remain under pressure until supply cuts – ANZ
The unprecedented demand destruction due to the Covid-19 crisis should be keeping the market oversupplied in the near-term, according to strategists a
Eurozone: PMIs crashed – Nordea
Euro-area PMIs for April tell the full effect of the coronavirus shutdowns and show a record collapse in business activity across services and manufac
UK Preliminary Manufacturing PMI slumps to 32.9 in April, GBP/USD unfazed
The UK manufacturing and services sector activities showed a deeper contraction in April, the preliminary report from IHS Markit showed this Thursday.
South Korea: The downturn begins – ANZ
South Korea’s preliminary Q1 GDP growth came in better than expected, but still marked the sharpest pace of contraction since the global financial cri
EUR/GBP: Difficult to see what can support the pound – Danske Bank
Looming Brexit trade talks mean renewed uncertainty in 3-6M, economists at Danske Bank apprise. Key quotes “While the UK may be approaching the peak i