Castex will succeed Eduoard Phillipe, who resigned earlier today
Schlagwort-Archiv: Currency
ForexLive European FX news wrap: All quiet as the weekend looms
Forex news from the European trading session – 3 July 2020
Headlines:
Markets:
– NZD leads, GBP lags on the day
– European equities lower; E-minis down 0.1%
Headlines:
Markets:
– NZD leads, GBP lags on the day
– European equities lower; E-minis down 0.1%
ECB split brewing over flexibility of PEPP stimulus – report
A little storm cloud starting to emerge over the ECB
Citing sources familiar with conversations with ECB officials, this could be the first major disagreement among policymakers that could threaten to undermine the PEPP stimulus in the coming months/quarters.
Citing sources familiar with conversations with ECB officials, this could be the first major disagreement among policymakers that could threaten to undermine the PEPP stimulus in the coming months/quarters.
German chancellor Merkel to meet with Dutch PM Rutte next week
The meeting is confirmed by a German government spokesperson
The two will be meeting in Berlin on Thursday next week. This is likely to iron out a possible compromise ahead of the EU summit that is due to take place on 17-18 July. Just keep your eyes and ears peeled in case we hear of anything
The two will be meeting in Berlin on Thursday next week. This is likely to iron out a possible compromise ahead of the EU summit that is due to take place on 17-18 July. Just keep your eyes and ears peeled in case we hear of anything
US state department reportedly to warn companies on conducting business with China
Fox News reports on the matter
It is said that the state department will send a letter to trade associations, CEOs, and company boards warning about conducting business with China.
It is said that the state department will send a letter to trade associations, CEOs, and company boards warning about conducting business with China.
Russia’s Novak: There’s no decision yet to extend OPEC+ oil output cuts deal
Russian energy minister, Alexander Novak, comments
– OPEC+ has shown efficiency amid current market volatility
– It would be good if we changed our decisions as little as possible for several months
Russia continues to play it coy with the current agreement only to last through July at the moment. At the end of the day, it will
– OPEC+ has shown efficiency amid current market volatility
– It would be good if we changed our decisions as little as possible for several months
Russia continues to play it coy with the current agreement only to last through July at the moment. At the end of the day, it will
UK PM Johnson: Furlough scheme cannot be extended
UK prime minister, Boris Johnson, remarks in the Evening Standard
The current scheme will run through until October and the government has been firm that it will not be extended beyond that.
The current scheme will run through until October and the government has been firm that it will not be extended beyond that.
ForexLive European FX news wrap: Risk firms ahead of NFP Thursday
Forex news from the European trading session – 2 July 2020
Headlines:
Markets:
– NZD leads, CAD lags on the day
– European equities higher; E-minis up 0.8%
Headlines:
Markets:
– NZD leads, CAD lags on the day
– European equities higher; E-minis up 0.8%
Risk stays more positive ahead of North American trading
European equities and US futures are higher as focus turns towards the non-farm payrolls report later today
European equities are maintaining gains of over 1% for the most part, with the DAX up by 1.6% currently as investors are keeping more optimistic to start the day. The UK FTSE is lagging a little – due to
European equities are maintaining gains of over 1% for the most part, with the DAX up by 1.6% currently as investors are keeping more optimistic to start the day. The UK FTSE is lagging a little – due to
Germany’s Merkel: EU members still far apart on recovery fund, budget
That isn’t comforting news for the euro
Merkel also adds that the EU „must be prepared for Brexit talks to end in failure“.
For EUR/USD, support at around 1.1191-00 remains a crucial spot as it has been since 25 June. Break below that and sellers may look towards the low @ 1.1168 next.
Merkel also adds that the EU „must be prepared for Brexit talks to end in failure“.
For EUR/USD, support at around 1.1191-00 remains a crucial spot as it has been since 25 June. Break below that and sellers may look towards the low @ 1.1168 next.