Latest data released by Eurostat – 30 October 2020
Schlagwort-Archiv: EUR
What’s the trade if Trump steals the election this year?
Are we looking at a repeat of the dollar melt up in 2016?
The straightforward one being „buy everything, sell the dollar“ of course, but once the euphoria begins to fade.
The straightforward one being „buy everything, sell the dollar“ of course, but once the euphoria begins to fade.
Oil falls to fresh four-month low amid renewed supply concerns
WTI down by another 4% to $35.80, its lowest since mid-June
The drop in oil yesterday was bad but things are looking worse from a technical perspective today, as we see price break below its 200-day MA (blue line) and now threatening a fall below its 8 September low @ $36.13.
The drop in oil yesterday was bad but things are looking worse from a technical perspective today, as we see price break below its 200-day MA (blue line) and now threatening a fall below its 8 September low @ $36.13.
ECB’s Jochnick: The possibility of a double-dip recession cannot be ruled out yet
Comments by ECB banking supervision member, Kerstin af Jochnick
Adding that „the baseline scenario of our projections cannot be taken for granted“. This could be a personal opinion but it also reflects the downside risks to the outlook, which I would expect to be brought up by Lagarde in her press conference later today.
Adding that „the baseline scenario of our projections cannot be taken for granted“. This could be a personal opinion but it also reflects the downside risks to the outlook, which I would expect to be brought up by Lagarde in her press conference later today.
Eurozone October final consumer confidence -15.5 vs -15.5 prelim
Latest data released by Eurostat – 29 October 2020
China emphasises on tech self-reliance in five-year plan
China to accelerate pace to build the nation into a technological power, as part of its strategic pillar for the next five years
This is among the key takeaways from the 4-day meeting by the Communist Party’s Central Committee in laying out the country’s next five-year plan.
This is among the key takeaways from the 4-day meeting by the Communist Party’s Central Committee in laying out the country’s next five-year plan.
EU’s von der Leyen: Coronavirus cases will increase in the next 2-3 weeks
Comments by European Commission president, Ursula von der Leyen
– Urges governments to step up response to the pandemic
– Spike in virus infections is ‚alarming‘
Given how things have progressed, it is a fair assumption to say that the virus situation will remain rather serious throughout Europe during the winter.
– Urges governments to step up response to the pandemic
– Spike in virus infections is ‚alarming‘
Given how things have progressed, it is a fair assumption to say that the virus situation will remain rather serious throughout Europe during the winter.
US MBA mortgage applications w.e. 23 October +1.7% vs -0.6% prior
Latest data from the Mortgage Bankers Association for the week ending 23 October 2020
– -0.6%
– Market index 807.8 vs 794.2 prior
– Purchase index 305.2 vs 304.6 prior
– -0.6%
– Market index 807.8 vs 794.2 prior
– Purchase index 305.2 vs 304.6 prior
EUR/JPY flirts with three-month lows amid the risk-off tone in the market today
EUR/JPY sellers in search for a stronger technical break to the downside
The low today touched 122.34, and that is the weakest level the pair has traded since 20 July. But on the daily chart, the pair is pretty much flirting with support from the 28 September low @ 122.38 currently.
The low today touched 122.34, and that is the weakest level the pair has traded since 20 July. But on the daily chart, the pair is pretty much flirting with support from the 28 September low @ 122.38 currently.
Germany posts record 14,964 new coronavirus cases in latest update today
The death count increases by 85 to 10,183 persons
As we see the number of daily infections rise, the death count is also starting to gather pace over the past week or so. As of today, there are ~121,000 active cases across the country. For some context, that figure was ~24,000 at the start of
As we see the number of daily infections rise, the death count is also starting to gather pace over the past week or so. As of today, there are ~121,000 active cases across the country. For some context, that figure was ~24,000 at the start of