Blogs

It will be another day where central bank, government stimulus, and virus headlines will dictate the pace of the trading day ForexLive Another limit down day for US futures as the market continues to sour amid coronavirus developments across the globe. The fact that the isn't quite helping with the situation, as fear continues to […]

Trump tweets and makes reference to coronavirus containment measures "WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF. AT THE END OF THE 15 DAY PERIOD, WE WILL MAKE A DECISION AS TO WHICH WAY WE WANT TO

Reuters reports on the matter here I don't think this comes as too much of a surprise. Another statement full of pretty words and vague promises isn't exactly what the market is looking for right now.

Forex news for Asia trading Monday 23 March 2020  Weekend: The Reserve Bank of New Zealand kicked off the week with a QE operation, buying NZ government bonds to lower long end rates. NZD/USD traded lower in the very early hours on the back of the operation.

ANZ on the Australian federal government's second fiscal tranche – We estimate it will deploy around $44bn to the accounts of SMEs, sole traders, airlines and low income households in the next months ANZ note this adds to the AUD 21bn already announced

Teleconference The G20 members: – Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the European Union Representing aound two-thirds of the world's population

The vote will be on the same bill that failed to pass on Sunday  Unless an agreed bill emerges beforehand. US Senate leader McConnel on the timing of the vote (9.45am New York time)

US Treasury Secretary Mnuchin and Democrat Senate LEader Schumer are meeting again  US media reports  Mnuchin, on his to Schumer, says they're getting close

Canadian Olympic Committee says it calls on the IOC, and WHO to postpone Tokyo games for 1 year – If the Games are not postponed Canada will not sending athletes. 

– 257 more fully recovered coronavirus patients released, total cured people at 3,166 Numbers from Korea Centers for Disease Control and Prevention, via Yonhap