Blogs

The latest manufacturing survey from the Richard Ivey School of Business: Sentiment surveys everywhere in March are absolutely brutal and they won't be any better in April.

Job openings data from Feb 2020: ForexLive

Momentum continues after the 7%+ rise yesterday The major indices climbed over 7% yesterday and continuing that trend today. The indices are currently up near 3% in early trading. 

Mnuchin on Fox Business Kudlow says that $50 billion of the $350 billion small business lending program has now been disseminated. As for the headline, it's not up to the President to reopen different states, that's up to the governors.

Cable hangs in the balance Cable is up 135 pips to 1.2366 and at the highs of the day. It's bounced back on reports that Boris Johnson is not on a ventilator, just on oxygen.

Comments by UK PM spokesman, James Slack – Johnson was stable overnight and remains in good spirits – Johnson is not on ventilator, is receiving oxygen – Government has a clear plan to respond to coronavirus The headlines have helped to give the pound a little nudge with cable rising to a high of 1.2358 […]

Forex news from the European trading session – 7 April 2020 Headlines: Markets: – AUD leads, USD lags on the day – European equities higher; E-minis up by 3.5%

Comments by Tokyo governor, Yuriko Koike – Request to close businesses will take effect on 11 April ForexLive Even if it may not be legally enforceable, I would expect many businesses to adhere to the government's request especially during this unprecedented time in the world. If Tokyo begins to shut its doors, it would be […]

The Association of German Certified Labs (ALM) reports on the matter The number is even up from the week before where 313,957 tests were conducted. In terms of the hit rate, the association reports that 9.2% of tests returned a positive reading last week as compared to the 8.9% hit rate from the week before.

Comments by Japanese prime minister Shinzo Abe – Will certainly not be closing roads – Essential public services will operate as normal – Want people to refrain from going to bars, nightclubs ForexLive