Back in November last year Chinese authorities halted Ma’s Ant Group US$34.5B IPO.
Jack Ma, who controls Alibaba, had criticized domestic (and global) regulators for stifling financial services innovation, criticism the CCP did not appreciate.  

Banks traditionally get the ball rolling
Believe it or not, the earnings season is starting up next week. It seems like only yesterday. The fact is, the bulk of earnings are spread out over a month or so and then you have other key releases that are outside of that window.  Nevertheless, it does not seem

Forex news for New York trade on April 9, 2020:
Markets:
The Canadian jobs report was a stunner and far-surpassed expectations. The market’s response was more tepid that you might have anticipated but that owes to fresh lockdowns in April and the belief that all those people are going right back on unemployment insurance. Later, the market

Nasdaq 1.9% from the all time high
The major indices also closed higher for the week with the NASDAQ index leading the charge at up 3.12%.
The final numbers are showing:

Stocks climb to the highs of the day
US stocks are getting a late lift in what’s already been a strong week. The S&P 500 is up 25 points to 4121.
Closing at the highs of the week is a good sign for the week ahead, though this will be the 6th gain in 7 days and

10-year Treasury yields up 5 bps to 1.669%
After a busier start, things have settled down on the session as we await Wall Street to enter the fray in Friday trading today. The market got a bit of a push earlier when Treasury yields crept higher, with 10-year yields touching 1.67% from a low of 1.62%

German government spokesperson confirms on the matter
It seems like Merkel is going to take things in her own hands and the federal government is going to take control from state leaders on how to deal with the virus moving forward.

Double-bottom or double-top for gold?
Gold has managed to pull itself higher in the past week or so, rising after testing the early March lows near $1,676 to push back to $1,750 levels yesterday.

German health minister, Jens Spahn, says that lesser testing over the Easter holidays period is still showing up in the numbers
There is , with the daily virus cases being at the highest since 8 January. But given the high 7-day incidence rate in the run up to Easter, that figure is likely to climb further;

Forex news from the European trading session – 8 April 2021
Headlines:
Markets:
– JPY leads, USD lags on the day
– European equities mixed; S&P 500 futures up 0.3%