The German government flags warning about a rise in the number of intensive care patients in recent weeks
This chart pretty much tells the story in that sense:
Remarks by Dallas Fed president, Robert Kaplan, to the Wall St Journal
Just keep in mind that Kaplan is one of the few that projected a rate hike for 2022 based on the Fed’s dot plots last month. He isn’t a voting member in this year’s FOMC (and also next year) but he will be for
Forex news from the European trading session – 6 April 2021
Headlines:
Markets:
– USD leads, NZD lags on the day
– European equities higher; E-minis down 0.2%
10-year yields off lows earlier today to keep little changed around 1.70%
The low for 10-year yields hit 1.677% earlier but have since bounced to 1.704% currently.
NZD/USD falls to a session low of 0.7011, slipping just below its 100-hour moving average
After a poor showing yesterday, the dollar has managed to reverse losses against the antipodeans with NZD/USD seen falling to a low of 0.7011 today.
Dollar extends gains in European morning trade
AUD/USD has pretty much erased the gains yesterday in a fall to 0.7612 as it tests the confluence of the key hourly moving averages @ 0.7614-15 currently.
AFP reports, citing a top official at the EMA
That’s not an encouraging headline following all the drama with the AstraZeneca vaccine in Europe over the past month or so. For now, there doesn’t seem to be much cause for concern outside of Europe, but we’ll see how this develops moving forward.
NHK reports
The initial estimates at the end of Q1 had Nomura sitting on roughly $2 billion losses – one of the worst-hit firms from the whole Archegos episode. While this is a rare event in the market, it isn’t one that investors are too concerned about anymore.
Stop placement
One of the frustrating things when you are trading intraday is to find that you pick a direction in a trade, get that direction right, but your stop was taken out before the trade moved in your direction.
Big announcement to follow from Boris Johnson on Easter Monday
As the vaccine rollout in the UK gathers pace, things are looking to return back to „normal“ again and Boris Johnson will provide the public with a roadmap later today.
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