UN’s Mohieldin says SDGs are a framework for response and recovery
When the UN Sustainable Development Goals (SDGs) for 2030 framework was launched in 2015, preparation for the challenges of the future was firmly in mind. Within SDG3 (health), the sub-category of pandemic preparation was included, but few people perhaps imagined...
This oil price crash isn’t as bad as it seems — here’s why
Something that’s never happened in the oil market is happening today: Negative prices for oil contracts. While many people may see this and think the overall price of oil is negative, there’s nuance. The short answer is that no, not...
May Contract Eyes Single Digits, June Contract Holds onto $22
May contract eyes single digits, June contract holds onto $22, Loonie(ruble and krone too) initially hit hard, Gold choppy start, stocks down on crude and testing shortfalls The big story to start the trading week was not the makings of...
GBP/USD Outlook: Cable Eases on Monday but Remains Within Three-Day Range and Without Clear Near-Term Direction
Cable edged lower on Monday, pressured by rising coronavirus death toll and no signs of any easing of the lockdown. The pair is currently holding at the lower side of congestion that extends into third day and probes below rising...
Euro Mixed While Risk Markets Dragged By Oil Price, No Clear Direction For Now
Markets are in mild risk averse mode as oil price tanks further. But losses are limited so far based on recent standard. Major currency pairs and crosses are also stuck in Friday’s range, except that New Zealand Dollar is lifted...
US Futures Consolidating, Watch BA, HAL, JNPR
The S&P 500 futures are consolidating after they bounced on Friday on growing expectations that the economy would reopen soon The S&P 500 futures are consolidating after they bounced on Friday on growing expectations that the economy would reopen soon....
Nikkei and Yen Lower as Japan’s Export Hit Hard by Coronavirus
Markets are rather quiet in Asia today. Nikkei is pressured after poor trade data from Japan. But movements in other major Asian centers are muted. New Zealand Dollar appears to be lifted by the country’s plan to exit top level...
New Zealand CPI – A Brief Peak
CPI Rose 0.8% In March Quarter, Annual Inflation 2.5%. Consumer prices rose by 0.8% in the March quarter, more than we and the market expected. There were larger than expected increases in cigarette prices, rents and accommodation, and a smaller...
EUR/USD Facing Uphill Task Near 1.0950
Key Highlights EUR/USD failed to break 1.1000 and declined below 1.0900. A crucial resistance is forming with resistance near 1.0950. There is also a key bearish trend line in place with resistance near 1.0930 on the 4-hours chart. The Euro...
Dow futures dip as Wall Street takes a breather after last week’s gains
A man wears a protective mask as he walks on Wall Street during the coronavirus outbreak in New York City, New York, U.S., March 13, 2020. Lucas Jackson | Reuters U.S. stock futures traded little changed on Sunday night as...
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