UOB Group’s Economist Ho Woei Chen, CFA, assessed the recent decision by the PBoC to leave the Loan Prime Rate (LPR) unchanged last Friday. Key Quotes
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US: PMIs to plumment to 40 – TDS
The release of the US Markit PMI surveys at 13:45 GMT will be the data calendar highlight. Analysts at TD Securities share their forecast. Key quotes
Coronavirus: Three market scenarios – UBS
Analysts at UBS examine how the interplay of health, monetary, and fiscal policy impact markets. They are assessing three scenarios: upside, central,
EUR/JPY Price Analysis: Flirting with the 200-day SMA around 120.00
The recovery in EUR/JPY has gathered extra pace in past sessions, with the cross managing to regain the 200-day SMA in the 120.00 zone. On the broader
GBP/JPY clings to gains near session tops, just above mid-129.00s
The GBP/JPY cross extended its steady intraday appreciating move and climbed to fresh session tops, further beyond mid-129.00 in the last hour. The cr
GBP/USD: Upbeat development for the bulls
GBP/USD Tuesday's four-hour chart is painting an improved picture. Yohay Elam, an analyst at FXStreet, takes a look at the cable’s technical outlook.
Markets: The pound is undervalued relative to the USD – UBS
Economists at UBS continue to believe that a disciplined, diversified, and far-sighted approach to investing will remain the best way to grow capital
BoE: Further measures to mitigate the impact on UK growth – UOB
Lee Sue Ann, Economist at UOB Group, reviewed the latest stimulus package announced by the Bank of England (BoE). Key Quotes “The monetary policy comm
Eurozone: PMIs dropped more dramatically than during the financial crisis – Nordea
Euro-area PMIs confirmed that the coronavirus-driven shutdowns are causing unprecedented declines in production levels, analysts at Nordea report. Key
S&P 500 futures jump 5% and hit the limit-up band of 2,333.50
Despite the slump in the UK and Euro area services sector activity as well as the contraction in the factories, which points towards a recession, the