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<p>US initial jobless claims dropped -1370k to 5245k in the week ending April 11. Four-week moving average of initial claims rose 1241k to 5509k. Continuing claims rose 4.53m to 11.98m in the week ending April 4. Four-week moving average of continuing claims rose 2.57m to 6.07m. Full release here.</p> <p>The post <a rel="n

<p>ECB President Christine Lagarde told the International Monetary and Financial Committee, “in the euro area, incoming economic data, particularly recent survey results, have started to show unprecedented falls, pointing to a large contraction in output in the euro area, as well as to rapidly deteriorating labour markets.” She ad

<p>Global markets are set to end the week on a high note. There is optimism that Gilead’s coronavirus drug remdesivir could be the cure for the coronavirus. Also, traders responded positively to US President Donald Trump’s three-stage reopening plan. Commodity currencies are trading generally higher today. Dollar, Euro and Swiss F

<p>Dollar weakens mildly again as risk appetite is lifted by the three-stage plan to exit lockdown in the US. While Q1 GDP contraction in China was deeper than expected, March data also provided some optimism of return to normal. As Asian markets rebound, Yen and Swiss Franc are following Dollar as the next weakest for […]

<p>Global stock markets are mildly firmer in consolidative mode today, with slight gains in major European sessions. Poor US economic data triggered little reactions. Dollar’s rebound attempt is somewhat stuck below yesterday’s high for now, while Canadian Dollar is recovering. For now, New Zealand Dollar is the weakest one for to

Comments from the BOE Governor: See here for global coronavirus case data

Williams on CNBC See here for global coronavirus case data

Comments by ECB governing council member, Jens Weidmann – Must focus on reducing debt after the crisis – Europe is providing significant, impressive fiscal aid See here for global coronavirus case data

People's Bank of China onshore yuan mid rate setting&nbsp; &nbsp; PBOC to skip OMOS today See here for global coronavirus case data

Kashkari in an interview on Fox. Kashkari is President of the Federal Reserve Bank of Minneapolis.&nbsp; See here for global coronavirus case data