Forex news from the European morning session – 24 June 2020
Headlines:
Markets:
– USD leads, NZD lags on the day
– European equities lower; E-minis down 0.9%

Cable back to nearly flat levels as dollar gains wane a little
The risk mood in the market is still softer with European indices holding around 2% losses and US futures near 1% declines as we start to look towards North American trading.

According to a notice published by the USTR
The notice says that the US wants to impose new tariffs on European exports like olives, beer, gin and trucks, while also increasing duties on other products including aircrafts, cheese, and yoghurt, in a move that will add to trade tensions.

Tourism and hospitality can resume on 4 July
– Social distancing rules to also be relaxed
– New rule is to keep at least 1 meter apart (previously 2 meters)
– Two households can meet in any setting
All of the above is applicable starting from 4 July onwards. The most important news in all of this I guess

Trump tweets about rising coronavirus cases in the US

„Cases are going up in the U.S. because we are testing far more than any other country, and ever expanding. With smaller testing we would show fewer cases!“
Rightttt. Surely this has

Forex news from the European morning session – 23 June 2020
Headlines:
Markets:
– AUD leads, JPY lags on the day
– European equities higher; E-minis up 0.9%

Comments by the German council of economic advisors
– Sees German economy shrinking by 6.5% this year
– Impact of the coronavirus on the world economy more severe than expected
On the headline remark, it is more of the case that they won’t risk another economic meltdown – even if there is a second virus wave – after

The European Council calls for an extraordinary meeting next month
This is being by the council’s spokesperson, Barend Leyts. The details and logistics will follow later but the dates have been confirmed. The physical meeting is said to start at 1000 Brussels time on the 17th of July.

Forex news from the European morning session – 22 June 2020
Headlines:
Markets:
– NZD leads, JPY lags on the day
– European equities lower; E-minis up 0.5%

Comments by ECB governing council member, Jens Weidmann
– Recovery from the coronavirus crisis will be „painfully slow“
– The level of economic uncertainty is „exceptionally high“
Well, if it is guided by their inflation goal and with the recovery set to be „painfully slow“, their definition of temporary may be until 2022 at the very least –