The Nikkei is now up by over 4% ForexLive Asian equities are keeping higher ahead of the closing stages, with the Nikkei seeing gains of over 4% while the Hang Seng index is up by over 2% on the day now.
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Japan government reportedly considering 6 months period for state of emergency declaration
TBS News reports on the matter Just take note that even with the state of emergency declaration, the government cannot legally enforce citizens to stay at home but can only request that they do so.
UK PM Johnson said to still be in hospital after admission on Sunday
A Reuters source reports on the matter UK prime minister Boris Johnson was admitted to the hospital rumour ForexLive It is one of the reasons that is weighing on the pound as we get the week started considering the political and economic uncertainties associated.
Trade ideas thread – European session 6 April 2020
Daily thread to exchange ideas and to share your thoughts The shift in the virus curve and global developments is encouraging, but any return to normalcy remains a long, long distance away.
Ifo says export expectations in German auto sector are at their lowest since March 2009
Ifo shares their take on the recent doom and gloom As long as lockdown and containment measures remain – and even if they are eased slightly – then any hope of return to economic normalcy within the next few weeks is misguided.
RKI reports fourth straight drop in daily rate of new coronavirus infections in Germany
Another 3,677 new coronavirus cases have been reported The good news is that we are starting to see a further moderation in the daily rate for cases being reported. That means the lockdown and containment measures are showing a positive effect, as we have seen with developments elsewhere over the weekend.
Thailand reports fewest number of daily coronavirus cases in over two weeks
Thailand reports 51 new coronavirus cases over the last 24 hours ForexLive
Japan coronavirus advisory panel reportedly set to meet later at 0500 GMT
The panel is meeting in preparation for the state of emergency declaration ForexLive The by Kyodo News said that the announcement will be made tomorrow.
ForexLive Asia FX news wrap: Equity markets hungry for better news
Forex news for Asia trading Monday 6 April 2020 UK Prime Minster Johnson admitted to hospital (as it happened): Weekend: US equity futures moved higher during the Monday session here in Asia to open the week after some less bad news on the coronavirus outbreak over the weekend.
Coronavirus – Italy is hoping to begin winding back confinement measures from mid- May (conditions apply)
French media () say the Italian government has outlined a strategic plan "to gradually exit" from the pandemic. Le Monde And, making this perfectly clear – NOT YET. Prime Minister Giuseppe Conte: