Unless the USD index continues falling, the Fed will act more aggressively and the US economy’s losses will increase The euro has naturally risen as the S&P 500 is about to perform the bets weekly growth since 1974, the euro-area finance ministers finally reached an agreement on the collective assistance program, and the minutes of […]
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3iQ Lists First Public Bitcoin Fund on Toronto Exchange
The price of the digital currency will be determined based on the spot price on various exchanges.
Fold Joins Visa to Launch a Bitcoin Rewards Card
Users can earn up to 10 percent of their spending in Bitcoin.
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Italy finance minister: We will face battle over coronabonds
Comments by Italy finance minister, Roberto Gualtieri Although there was yesterday, the devil is in the details when it comes to the €500 billion agreement.
China March M2 money supply +10.1% vs +8.8% y/y expected
Latest Chinese credit data for March has been released – 10 April 2020 – +8.8% – New yuan loans ¥2,850.0 bn vs ¥1,800.0 bn expected – Q1 aggregate financing ¥11.1 trillion ForexLive
Heads up: A couple of Fed speakers on the agenda today
It may be a quiet one in the market but the Fed may still hold some surprises 1630 GMT – Cleveland Fed president Mester to hold virtual discussion Mester will be holding a forum online on the US economy and maintaining economic health during the coronavirus crisis. I would expect some token comments but not […]
The final statement from the OPEC+ meeting yesterday
The final statement issued by OPEC+ ahead of the G20 meeting today (h/t @ ) Amena_Bakr ForexLive Some key points to take note of from the statement above:
All quiet on holiday-thin trading
But it is not your typical Easter holiday this year ForexLive Many markets are closed today due to Good Friday and many will still be closed on Monday as well in observance of the Easter break.
Tokyo governor says will ask to close leisure, sporting, shopping facilities
Tokyo governor, Yuriko Koike, is outlining the requests to businesses to close during the state of emergency period – Seeks to halt sporting events, exhibits due to the virus outbreak As Koike is making these requests, the expectation is for businesses to start following them with effect from tomorrow. With Tokyo going into a more […]