|Day's Range||0.724 - 0.729|
|52 Week Range||0.6818 - 0.7740|
As market jitters over the U.S and China resurface, the ECB and the EU Commission will be in focus later this morning…
It was a solid start for European stocks this morning as growing optimism around the reopening of economies outweighed fears over escalating U.S.-China tensions.
The markets continue to move northwards. Who needs geopolitical risk, when you have hope? The big question must be whether it can continue…
It’s “risk-on” this morning as the markets continue to brush aside U.S – China tensions. Economic data later in the day will garner some attention, however.
Economic data puts the EUR in focus, while geopolitics and COVID-19 news and numbers will also influence on the day.
Retail sales figures will give the Pound and the Loonie direction, with the ECB minutes also in focus. Trump’s Twitter account could be the key driver, however.
Private sector PMIs and U.S jobless claims put the EUR, the Pound, and the Greenback in the spotlight. Numbers out of Japan were not inspiring…
It’s a busy day ahead. The FOMC minutes late in the day will draw plenty of attention as market optimism of an economic rebound lingers.
It’s a busy day ahead on the economic calendar. There is also geopolitics to consider with over the course of the day.
Oil prices are on the rise and COVID-19 numbers are on the decline as governments ease lockdown measures. it’s “risk-on” early in the day.
Economic data from the Asian session was skewed to the negative ahead of some key stats out of the Eurozone and the U.S. Expect geopolitics to also play a hand…
It’s been a busy week thus far, with Powell adding to the risk aversion mid-week. COVID-19 jitters are likely to persist as the tension between China and the U.S lingers
Another late sell-off in US shares, this one perhaps related to the sobering assessment by the leading medical adviser for the Trump Administration about the risks of opening too early, failed to deter investors in the Asia Pacific region. Although Japanese shares slipped, most other markets rose.
Worries about a potential second wave of coronavirus provide support for USD/CAD as the U.S. dollar benefits from its safe haven status.
The new week begins slowly in the capital markets. Many markets in the Asia Pacific region, including Japan, Hong Kong, and Australia, gained over 1%, but European and US shares are heavier.