Stocks jumped on Monday as Wall Street tried to build on the momentum from last week’s solid performance.
Archiv für den Monat: Juli 2020
Blowout jobs report may have missed a troubling trend linked to coronavirus
Crossmark Global Investments‘ Victoria Fernandez warns the June employment numbers didn’t capture the virus surge fallout.
XAU/USD Outlook Bearish For Q3 on Financial Risks, Covid-19 Pandemic
Gold prices may surrender to the US Dollar if another wave of the coronavirus hammers global growth prospects and destabilizes the fragile corporate debt market.
Australian Dollar Fundamental Forecast for Q3 2020
A shift in the RBA’s forward guidance should heighten the appeal of the Australian Dollar if the central bank prepares to remove the yield target later this year.
EUR/USD climbs to near two-week high as dollar keeps weaker to start the week
EUR/USD touches a high of 1.1317, the highest level since 24 June
Buyers are looking to capitalise on a push above 1.1300 going into North American trading, with price now looking towards the swing region around 1.1325 next.
Buyers are looking to capitalise on a push above 1.1300 going into North American trading, with price now looking towards the swing region around 1.1325 next.
Equities stay buoyed ahead of North American trading
Can European and US investors keep the torch alight in the latter half today?
China led the optimistic charge
finish with over 5% gains
In turn, that is keeping risk trades more buoyed so far in European morning trade with indices in the region holding near 2% gains while US futures are up by over 1%.
China led the optimistic charge
finish with over 5% gains
In turn, that is keeping risk trades more buoyed so far in European morning trade with indices in the region holding near 2% gains while US futures are up by over 1%.
Eurozone May retail sales +17.8% vs +15.0% m/m expected
Latest data released by Eurostat – 6 July 2020
– -11.7%; revised to -12.1%
– Retail sales -5.1% vs -6.5% y/y expected
– Prior -19.6%
Retail sales activity rebounded strongly in the euro area in May, as lockdown restrictions were eased in most countries. But relative to a year ago, retail sales is still seen lower by a
– -11.7%; revised to -12.1%
– Retail sales -5.1% vs -6.5% y/y expected
– Prior -19.6%
Retail sales activity rebounded strongly in the euro area in May, as lockdown restrictions were eased in most countries. But relative to a year ago, retail sales is still seen lower by a
AUDUSD moves higher on strong risk on flows into 0.6980
AUDUSD
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