The US Dollar may rise as financial markets turn to cash amid deepening worries that the Covid-19 outbreak has triggered a global recession.
Blogs
Canada and US discuss tariffs on Saudi/Russian oil imports – report
US and Canada could block oil imports US and Canadian officials are discussing putting tariffs on oil from Russia and Saudi Arabia if the pair don't quickly reach a deal to curb production, the FT reports.
New York reports coronavirus cases to 113,704 from 102,863
The latest NY state numbers – Deaths rise to 3565 from 2935 – Deaths up 630 vs 562 yesterday – New cases up 10,841 vs 10,482 yesterday – ICU new admissions 395 vs 335 yesterday ForexLive
Monday's OPEC+ teleconference delayed until April 9
OPEC meeting delayed Monday's OPEC+ meeting has been pushed back to April 9 on signs of a failure to reach a deal. Russia and Saudi Arabia have restarted a war of words and Trump said the "free market" would sort out the oil glut.
UK coronavirus deaths rise to 4,313 from 3,605 a day ago
Pace continues to accelerated UK deaths are doubling every 2.5 days right now. ForexLive
RBNZ Gov Orr – says again will keep monetary support as long as necessary, strong fiscal position in NZ
Reserve Bank of New Zealand Governor Orr wrote on Sunday, repeating his messages: a piece for NZ media Orr does not sugar coat what is ahead: Orr's message has broader applicability.
Dollar Jumped as Markets Started Q2 With Risk Aversion, But Oil Rebounded
<p>The financial markets didn’t start the second quarter with a bang even though coronavirus pandemic carried on. Globally, confirmed cases surged through 1.1m level but that’s now more of an indication of the speed of tests. Death toll, on the other hand, remains worrying as it broke 60k handle without sign of slowing down. Marke
Colombia Consumer Price Index (YoY): 3.86% (March) vs 3.72%
Colombia Consumer Price Index (YoY): 3.86% (March) vs 3.72%
Colombia Consumer Price Index (MoM) declined to 0.57% in March from previous 0.67%
Colombia Consumer Price Index (MoM) declined to 0.57% in March from previous 0.67%