Blogs

Comments by UK PM spokesman, James Slack – But for now, the public message is focused on staying at home – Cannot say with certainty when lockdown measures can be relaxed There's still a lot of debate on whether or not the UK has seen the peak of the virus outbreak, but testing still remains […]

Forex news from the European trading session – 17 April 2020 Headlines: Markets: – NZD leads, USD lags – European equities higher; E-minis up 3.3% – US 10-year yields up 1.6 bps to 0.643%

GBP/USD hits a low of 1.2407 on the day See here for global coronavirus case data The market continues to hint at very mixed tones on the day currently. On the one hand, the dollar and yen are firming against the rest of the major currencies bloc – more so the former. On the other, […]

That brings the total number of cases to 188,068 It is hard to draw much conclusions from the rise in recent days as it comes after the drop during the Easter break, so this could be making up for the lack of testing then.

Comments by the Kremlin on the oil market – Global output deal is yet to be implemented – Still expects the deal to have an effect on oil prices – Closely monitoring the oil market See here for global coronavirus case data

Japanese prime minister, Shinzo Abe, comments In any case, I can't help but to think how all of this is going to be paid for in the future. As the saying goes, spending is taxing. And hiking the sales tax has already proven to be a problem in Japan over the past few years, what […]

Comments by Austrian vice chancellor, Werner Kogler – Museums, art performance spaces will be able to reopen by mid-May Austria is among one of the more interesting test cases in Europe in terms of the reopening of its economy. They are relaxing restrictions at a rather modest pace so let's see if that will help […]

Latest data released by Eurostat – 17 April 2020 – +3.6%; revised to +4.0% – Construction output -0.9% y/y – Prior +6.0%; revised to +6.9% See here for global coronavirus case data

Latest data released by Eurostat – 17 April 2020 – CPI +0.7% vs +0.7% y/y prelim See here for global coronavirus case data The preliminary release can be found . No change to the initial estimates, as headline inflation eases but at least the core reading did not drop too drastically last month.

The price has declined each day this week The EURCHF is trading near unchanged on the day. and if it can close higher it would be the first positive close this week.