European Monetary Union Markit Services PMI came in at 28.4, below expectations (39) in March

European Monetary Union Markit PMI Composite came in at 31.4, below expectations (38.8) in March

The Eurozone manufacturing sector activity showed worsening conditions this month and remained in the contraction territory, the latest manufacturing

<p>Comeback of the AUD</p> <p> </p> <p>FX Volume unleashed that the AUD long ratio rose by 10% during the past 24 hours</p> <p> </p> <p>So let's have a look at the corresponding majors</p>

<p>Another surprise Federal Reserve (Fed) intervention yesterday helped curbing losses in New York, but the S&amp;P500 and the Dow closed the day circa 3% lower, and Nasdaq was flat. Investors have their hopes tied to the $2-trillion rescue package that needs to get signed by the Congress, yet apparently there are controversies among poli

<p>In Europe, both manufacturing and services PMI are expected to print their sharpest fall on record in March, after the coronavirus shutdowns took a toll on businesses and public life across the old continent.</p> <p>Services PMI in the UK is expected to fall to 45 in March, but we already know that this number is […]

EUR/USD – &nbsp;1.0860 1.1bn euro ForexLive

The Thai prime minister confirms that they will impose an emergency decree to curb the spread of the coronavirus epidemic ForexLive

Gold led stocks in 2008/2009 Yesterday I mentioned and that made me think about something else around gold's behaviour in the last major financial crisis. One interesting aspect of gold's behaviour in 2008/2009 is that it lead the US stock recovery in 2008/09. Take a look at the chart below:&nbsp;

Comments by German economy minister, Peter Altmaier – We have committed to pay debt back from 2023 – Growth phase will only be possible once the coronavirus spread slows Germany to a €750 billion stimulus package yesterday, with the government turning away from its frugal policy-making to counter the virus fallout.