A rough day for Japanese stocks, particularly in the closing hour Concerns of the virus outbreak becoming more widespread in Japan and the continued economic fallout globally is stoking fears among investors it seems.
Blogs
Germany February retail sales +1.2% vs +0.1% m/m expected
Latest data released by Destatis – 1 April 2020 – Prior +0.9%; revised to +1.0% – Retail sales +6.4% vs +1.5% y/y expected – Prior +1.8%; revised to +2.1% ForexLive
Risk softens further to start the European morning
S&P 500 futures now down by 2.5% Meanwhile, bonds are still staying bid for the most part with US 10-year yields down by over 4 bps to 0.625% as we look to begin European trading.
Nikkei extends losses on the day, down by over 3%
A rough start to the new month for Japanese stocks ForexLive The Nikkei is picking up from where it left off in Q1, as it falls by over 3% on the day now with one-way traffic being observed after the lunch break.
Japan health minister says that virus infection situation is becoming more severe
Japan continues to warn of a more widespread outbreak in the country
Trade ideas thread – European session 1 April 2020
Daily thread to exchange ideas and to share your thoughts Asian equities are softer amid the decline in Wall Street overnight as well as softer tones to start the day with US futures having dipped by 2% earlier before moving just off the lows as we look towards the European morning.
China reports 36 new coronavirus cases for yesterday
35 out of the 36 new confirmed cases are said to be imported cases – Hubei province reports one new confirmed case – There are 130 new asymptomatic cases yesterday Make what you will with the numbers but the reality of the situation is that one cannot infer much from the figures that China has […]
A quick snapshot of how Q1 trading went down
The yen and franc ended up outperforming the dollar, just by a little Risk-off trades in the currencies space were the biggest gainers but amid the volatility that we have seen, the dollar pretty much shares top spot with the yen and franc. I mean, it's not like we don't get 1% daily swings in […]
RKI reports 67,366 coronavirus cases in Germany, up by 5,453 cases from yesterday
The number of deaths increase by 149 to 732 persons in total ForexLive
Brand new month, brand new quarter
It is time to reign in Q2 2020 in the trading world Economic data releases will once again matter little in the European morning session today, as the focus remains on headlines and market sentiment more than anything else.