Forex news from the European trading session – 28 April 2021
Headlines:
Markets:
– NZD leads, GBP lags on the day
– European equities higher; S&P 500 futures flat

Kyodo News reports on the matter
The report says that the government plans to introduce vaccine passports in order to make it easier for people who have been vaccinated against COVID-19 to travel internationally, citing government sources on the matter.

As confirmed by French prime minister, Jean Castex

Latest data from the Mortgage Bankers Association for the week ending 23 April 2021
–  +8.6%
– Market index 706.6 vs 724.8 prior
– Refinancing index 3,185.3 vs 3,219.9 prior
A bit of a moderation in both purchases and refinancing after the surge seen in the prior week, as higher rates in general continue to oversee a decline in housing

The top tax rate on capital gains will be 39.6%
The $1.8 trillion plan covers education and childcare but for markets, the thing to take note of is how this will all be funded and that is via tax increases on the wealthy.

Forex news from the European trading session – 27 April 2021
Headlines:
Markets:
– GBP leads, AUD lags on the day
– European equities lower; S&P 500 futures up 0.1%

The vaccine progress in the UK continues to keep optimism flowing
The vaccine rollout continues to allow for the economic reopening, with cases in the UK continuing to ease since peaking in early January. The headline reaffirms that the UK is staying well ahead of the rest of the pack among the major developed nations.

According to the French health ministry
While that figure is progressing and way better than in February to March, there is still much to try and improve on in order to meet any summer reopening timeline.

Latest data released by CBI – 27 April 2021
That said, CBI notes that many retail stores are still struggling despite the reopening:

AUD/USD falls to a low of 0.7766 on the day
After a relatively solid start to the week yesterday, the aussie and kiwi are notable laggards today with AUD/USD now falling by 0.4% to 0.7766 in European trading.