Blogs

TASS reports on the matter That means the likes of the US, Canada, Mexico and Brazil could be dragged into this with Saudi sources also reaffirming that they will only cut output if everyone does their part.

According to Corriere della Sera As things stand, lockdown measures have been extended to 13 April but it may carry on for longer as we have only just started to see signs of the outbreak slowing down – but the case load is still in the thousands as seen yesterday .

The firm argues that the dollar will remain supported in this market environment Adding that while dollar funding stress may ease in the near-term, that in itself won't undermine the strength in the greenback so long as risk aversion remains elevated.

Comments by Tokyo governor, Yuriko Koike – If state of emergency is declared, will ask people not to go out – Finance, trading industries will continue to operate if state of emergency is declared ForexLive

Daily thread to exchange ideas and to share your thoughts However, there remains a lot of skepticism surrounding that with Saudi sources even lamenting the exaggeration by Trump and saying that realistically, one can best hope for a global output cut of around 6 mil bpd instead.

The kingdom announces an earlier curfew time for the city of Dammam and the governorates of Qatif and Taif This comes as the holy cities of Mecca and Medina are already observing 24-hour curfews to try and limit the spread of the virus outbreak in the kingdom.

The number of deaths increase by 145 to 1,017 persons ForexLive

The closure will take place from 5 April onwards Vietnam had earlier this week declared the coronavirus as a nationwide pandemic, also ordering nationwide social distancing – requiring people to stay at home and avoid gatherings of more than people starting from Wednesday, 1 April.

Forex news for Asia trading Friday 3 April 2020  There was plenty of follow-up news on the major market-impacting news during the Thursday US session. US President Trump doubled down on his assertion that Russia and Saudi Arabia would cut production by at least 10 million barrels, even by as much as 15 million – […]

Bloomberg citing an internal memo from the company I doubt anyone will be surprised by this. Case counts in the US are still accelerating.  ForexLive