Forward Guidance: Hard Data for Hard Times
This week gave us no shortage of survey evidence that economic activity plummeted in many countries in April....
Week Ahead: The Reopening
The better we do; the less people will be infected! Heading into the end of April, there was...
USD/CAD and WTI Correlation Unreliable; Macklem in as New BOC Governor
Many times, USD/CAD has been discussed in the context of its relationship with Crude Oil. We are no...
What A Strange Week
Sentiment has taken a bit of a knock at the end of the trading week, as many stock...
Economy Slumps, ECB Eases Modestly
Executive Summary The Eurozone economy declined 3.8% quarter-over-quarter in the first quarter, matching expectations but still the largest...
Week Ahead – Nonfarm Payrolls: The Market’s Trial by Fire?
The serenity that has encompassed global markets lately will be put to the test next week, when America’s...
Euro-Zone’s Economic Confidence Sharply Deteriorated In April
For the 24 hours to 23:00 GMT, the EUR rose 0.44% against the USD and closed at 1.0874....
Chinese Manufacturing PMI Could Stay in the Expansion Area
The Chinese National Bureau of Statistics (NBS) will publish April’s manufacturing PMI survey on Thursday at 01:00 GMT...
Dollar Edges Down Ahead Of Fed, Aussie’s Bull Run Continues
Dollar drifts lower in mostly risk-on mood ahead of Fed statement Virus success powers aussie to 7-week high,...
Eurozone GDP Set to Shrink, Pile Pressure on ECB as EU Dithers on Virus Aid
With Europe’s biggest economies shutting down in March as the coronavirus wreaked havoc across the continent, no one...
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