Comments by UK health minister, Matt Hancock – Decisions have not been taken on further measures – Nothing is off the table yet, don't want to prejudge the situation ForexLive
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Hong Kong reportedly set to ban all tourists and transit travelers
SCMP reports on the matter The more and the longer this happens, expect that to weigh further on the global economy. In the longer term, restrictions like these will have a deeper impact on consumer sentiment for the travel and tourism industry worldwide.
Don't buy gold until the Vix subsides
Post as promised… and I was asked to provide some more information on this assertion I made below. On Sunday I made a comment on Adam's post The normal playbook is that in times of crisis, buy gold. However, although that is generally true ,i. In these instances gold sells off.
Goldman Sachs expects global real GDP to contract by about 1% this year
The firm continues with the doom and gloom scenario – Expects real GDP in advanced economies to contract very sharply in Q2 – That includes a 24% drop in the US ForexLive
Eurostoxx futures -4.1% in early European trading
The pain train carries over to Europe in early trades – German DAX futures -3.8% – French CAC 40 futures -4.5% – UK FTSE futures -4.0% ForexLive Asian equities faced a torrid start to the week and the sour mood is carrying over to Europe as well. US futures hit limit-down very early in the […]
AUD/JPY: Can Rise in Bullish Momentum Inspire Upside? – 23 March 2020
Australia announced its initial A$17.6 stimulus, an A$90 billion three-year funding facility created by the Reserve Bank of Australia
U.S. Relief Bill Stalled in Senate – 23 March 2020
President Donald Trump’s flamboyant $1-trillion+ coronavirus relief bill failed to pass in the Senate on Sunday,
Forex Today: Stocks Suffering Heavily – 23 March 2020
Get the market news and latest updates around the globe with our market briefing for March 23, 2020.
British Pound (GBP) Latest: GBP/USD, FTSE Struggle on Coronavirus Headline Fears
Headline risks for UK asset markets are increasing as the government warns of a complete lockdown in London if advice is not followed.
EUR/USD May Capitulate as Coronavirus Poisons Euro Outlook
EUR/USD may shy away from retesting three-month trend resistance as the coronavirus undermines the outlook for European growth and the appeal of holding Euros.