Comments by EU internal market chief, Thierry Breton While Europe is gradually moving towards the reopening of its economies, international borders – especially that outside the region – may take a while to see any potential reopening, at least in a meaningful manner.
Blogs
Thailand says government to mull whether to extend state of emergency next week
The government will consider the situation on 28 April The Thai premier says that the government will mull over these measures next week, adding that some curbs may be eased but there will be no timeline for that.
USD/CAD Rate Breakout Brings Monthly High on Radar
The monthly high (1.4298) is on the radar for USD/CAD as the exchange rate breaks out of the downward trending channel carried over from March.
Euro Trembles Ahead of EU Leaders Summit as Regional Recession Looms
The Euro may face heightened selling pressure if signs of unity are lacking during the EU leaders summit as the region prepares for what could be the worst recession in the union’s history.
Australian Dollar Steady As RBA Minutes Show Bank Content To Wait
The Australian Dollar didn’t have far to move on a set of policy meeting minutes which flagged up stimulus already undertaken rather than necessarily pointing to more ahead.
EUR/USD Rate Tracks Monthly Range Even as ECB Warns of 20% Contraction
EUR/USD may carve a more defined range even though the ECB warns of a 20% contraction amid the failed attempt to test the monthly high (1.1039).
Nasdaq 100 Forecast: Will Netflix Earnings Live Up To Expectations?
Coronavirus containment procedures have battered corporate profits and outlooks alike, but not all stocks are expected to suffer at the hands of the virus. Will Netflix’s results live up to the hype?
US Crude Oil Collapses to Negative -$37 Per Barrel – Why and What Does it Mean?
The standard bearer US-based WTI crude contract collapsed Monday with the ‘active nearby’ eventually settling at an astounding -$37.63 (yes negative). There are some important caveats here, but the…
Canadian Dollar Price Outlook: USD/CAD Bounces as Oil Prices Smashed
USD/CAD has held support above 1.4000, with the pair catching a bid today as oil prices were hit incredibly hard.
South Korea says Kim Jong Un conducting 'normal' activities – report
Yonhap reports on the matter See here for global coronavirus case data