Blogs

Australian post-Covid-19 planning for the economy to prepare the country for future crises began.

Reuters citing two sources Very few analysts think 10 mbpd is enough. There are estimates from 20-35 mbpd in surplus. WTI jumped to $27.00 from $26.20 on this headline.

Major indices higher across the European continent. The German DAX is leading the way higher in European equity's today as they look to ease coronavirus restrictions.

Pace of deaths slows The pace of new cases slowed for a second day. ForexLive

TD on EUR/JPY For bank trade ideas, (one week free with this link). TD Research discusses EUR/JPY outlook and " As some degree of normalcy settles in at some point, the global balance of payments backdrop will likely be amplified as the shock wears on. There are a handful of major currencies in a position […]

Quick move lower Cable is now down 15 pips on the day to 1.2260 in a quick move lower into the London fix. These moves tend to unwind after the fix but there's also a bit of a head-and-shoulders pattern in the past few hours so be wary on the downside.

No timeline from Merkel ForexLive

That's not a positive sign Norway says it was invited to attend Thursday's OPEC+ meeting and will consider participating as an observer if there is broad participation.

SocGen on euro, sterling and yen SocGen Research sees a scope for EUR/USD and GBP/USD to stay range-bound in the near-term. "Last week's CFTC data are a puzzle. Speculative euro longs grew very sharply in the week to March 31, a week which did see EUR/USD bounce from 1.07 to 1.11, but that's a meagre […]

Berkshire Hathaway to borrow in yen this week A story you're probably not hearing much about right now is the surge in corporate borrowing. Lower rates, a demand for cash and the Fed's 'buy everything' policy is leading to records in investment-grade borrowing.