March prelim Markit manufacturing and services PMIs The manufacturing PMI is a surprise but the market is likely to shrug it off, similar to the German one earlier today.
Blogs
Pelosi: There is real optimism we could get something done in the next few hours
Pelosi on CNBC More to come ForexLive
G7: "We will do whatever is necessary" to restore confidence
G7 statement Here is the full text: Consistent with the direction from G7 Leaders, we are taking action and enhancing coordination on our dynamic domestic and international policy efforts to respond to the global health, economic, and financial impacts associated with the spread of the coronavirus disease 2019 (COVID-19). Collectively, G7 nations h
Abe: G7 to issue statement shortly on steps to cope with virus
Abe says statement coming soon I think the market is way beyond wanting words right now so I can't see it being market moving. ForexLive
US stock futures hit limit-up again. Pelosi to speak
The trade is around Congress today S&P 500 futures hit the 5% limit again. An interesting twist on the market open is that House leader Nancy Pelosi will be on CNBC right at the market open.
Audio recap: Services PMI data shrugged off
What's the market looking at today Services PMI data out of Asia, Eurozone and the UK has been nothing short of ugly, though this hasn't done much at all in stopping the major currencies from extending their respective recoveries against the Buck. The primary driver of the Dollar selling has been the latest Fed action, […]
Fear is everywhere but there's FOMO too
Fear of missing out appears Many equities are pricing in a depression and a high risk of insolvency. These are dark times but you hate to bet against humanity, central banks and fiscal firepower. Everyone wants to buy-the-dip, eventually.
Gold Technical Analysis: The Beginning of New Correction Attempts – 24 March 2020
For the second day in a row, gold prices are trying to correct higher, taking advantage of the US dollar's gains, with the yellow metal's gains reaching the $1575 level at the time of writing.
GBP/USD Technical Analysis: The USD Remains Stronger – 24 March 2020
The US dollar remains the strongest against most other major currencies, as investors buy the American currency amid large efforts by the US central bank to stimulate the American economy and American markets.
USD/JPY Technical Analysis: Amid Continued US Stimulus Against Corona – 24 March 2020
With the beginning of this week’s trading, the recent US dollar record gains have stopped.