Given their more attractive valuations, analysts at Charles Schwab have updated the outlook on high-yield bonds. Key quotes “We believe prices may fal
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
USD/CHF flirting with daily lows, just above mid-0.9700s
The USD/CHF pair dropped to fresh session lows, below mid-0.9700s during the early European session, albeit managed to recover few pips thereafter. Th
French FinMin Le Maire: Economic contraction will be much worse than the -1% expected earlier this month
While speaking on France Info radio earlier this Tuesday, French Finance Minister Bruno Le Maire said that the economic contraction will be much worse
United Kingdom Markit Manufacturing PMI came in at 48, above forecasts (45) in March
United Kingdom Markit Manufacturing PMI came in at 48, above forecasts (45) in March
EUR/USD firmer above 1.0800 post-PMIs
The single currency is prolonging the upbeat mood on Tuesday and is helping EUR/USD to break above the key 1.0800 barrier to print fresh 3-day highs n
United Kingdom Markit Services PMI came in at 35.7, below expectations (45) in March
United Kingdom Markit Services PMI came in at 35.7, below expectations (45) in March
USD/CNH still targets the 7.1700 level – UOB
FX Strategists at UOB Group noted USD/CNH could advance to 7/1960 on a break above 7.1700 in the near term. Key Quotes 24-hour view: “USD traded betwe
EUR/USD: Cautious optimism is supporting the euro
EUR/USD has been on the rise. Reactions to eurozone PMIs and the fate of the US fiscal stimulus are on the agenda, FXStreet’s analyst Yohay Elam repor