Forex news from the European morning session – 23 June 2020
Headlines:
Markets:
– AUD leads, JPY lags on the day
– European equities higher; E-minis up 0.9%

Comments by the German council of economic advisors
– Sees German economy shrinking by 6.5% this year
– Impact of the coronavirus on the world economy more severe than expected
On the headline remark, it is more of the case that they won’t risk another economic meltdown – even if there is a second virus wave – after

The European Council calls for an extraordinary meeting next month
This is being by the council’s spokesperson, Barend Leyts. The details and logistics will follow later but the dates have been confirmed. The physical meeting is said to start at 1000 Brussels time on the 17th of July.

Forex news from the European morning session – 22 June 2020
Headlines:
Markets:
– NZD leads, JPY lags on the day
– European equities lower; E-minis up 0.5%

Comments by ECB governing council member, Jens Weidmann
– Recovery from the coronavirus crisis will be „painfully slow“
– The level of economic uncertainty is „exceptionally high“
Well, if it is guided by their inflation goal and with the recovery set to be „painfully slow“, their definition of temporary may be until 2022 at the very least –

As confirmed by the Élysée Office
Well, at least that’s a start following the groundwork – or should I say lack thereof – that was laid out at the European Council meeting at the end of last week.

BOE governor, Andrew Bailey, remarks to Sky News in a podcast
– The prospects would have been very bad
– It would have been very serious if BOE had not intervened during the „meltdown“
Bailey added that the financial dislocation that took place during March was much more severe than that back in 2008-09 – referring to the

Trump tweets about mail-in voting rigging the elections this year

„RIGGED 2020 ELECTION: MILLIONS OF MAIL-IN BALLOTS WILL BE PRINTED BY FOREIGN COUNTRIES, AND OTHERS. IT WILL BE THE SCANDAL OF OUR TIMES!“
He has made mention to this issue several