Articles
Spain Q4 final GDP +0.4% vs +0.5% q/q prelim
49044 March 31, 2020 15:02 Forexlive Latest News Market News
Latest data released by the National Statistics Institute – 31 March 2020
– GDP +1.8% vs +1.8% y/y prelim
The preliminary report can be found . A mild revision lower to the initial estimate on the quarterly figure but again, this pertains to pre-virus economic conditions and this is largely a thing of the past now so
Full Article
– GDP +1.8% vs +1.8% y/y prelim
The preliminary report can be found . A mild revision lower to the initial estimate on the quarterly figure but again, this pertains to pre-virus economic conditions and this is largely a thing of the past now so
JPX confirms that the exchange will operate even if Japan goes into lockdown
49043 March 31, 2020 15:02 Forexlive Latest News Market News
Just in case investors had that little bit of doubt
ForexLive
Full Article
ForexLive
Italian economic development minister says need to prepare for end of lockdown
49042 March 31, 2020 14:56 Forexlive Latest News Market News
Comments by Italian minister, Stefano Patuanelli
The good news in Italy is that the percentage rise in the number of confirmed cases has fallen substantially over the past two weeks.
Full Article
The good news in Italy is that the percentage rise in the number of confirmed cases has fallen substantially over the past two weeks.
UK consumer confidence will be smashed
49041 March 31, 2020 14:51 Forexlive Latest News Market News
Confidence is everything
In current markets average daily ranges have seen rapid increases. Currency pairs that normally move 50-80 points a day have been finding that they move 300-600 points. Equity markets which previously moved around a maximum of 1-2% a day are now moving up to 10% in a single market session. These are volatile
Full Article
In current markets average daily ranges have seen rapid increases. Currency pairs that normally move 50-80 points a day have been finding that they move 300-600 points. Equity markets which previously moved around a maximum of 1-2% a day are now moving up to 10% in a single market session. These are volatile
France March preliminary CPI +0.6% vs +1.0% y/y expected
49040 March 31, 2020 14:49 Forexlive Latest News Market News
Latest data released by INSEE – 31 March 2020
– +1.4%
– CPI 0.0% vs +0.4% m/m expected
– Prior 0.0%
ForexLive
That is quite a sharp drop in inflation pressures as the headline reading falls to its weakest level since December 2016. This comes on the back of falling energy prices over the past few weeks and mirrors
Full Article
– +1.4%
– CPI 0.0% vs +0.4% m/m expected
– Prior 0.0%
ForexLive
That is quite a sharp drop in inflation pressures as the headline reading falls to its weakest level since December 2016. This comes on the back of falling energy prices over the past few weeks and mirrors
Investors are using this rally to reset hedges rather than chase upside – Credit Suisse
49039 March 31, 2020 14:45 Forexlive Latest News Market News
The firm argues that there is little conviction to the recent rebound
Xu points to the measure of how expensive bearish options are compared with bullish ones, using that as a gauge to judge that investors ‘have no faith in this rally’.
Full Article
Xu points to the measure of how expensive bearish options are compared with bullish ones, using that as a gauge to judge that investors ‘have no faith in this rally’.
Switzerland February retail sales +0.3% vs -0.1% y/y prior
49038 March 31, 2020 14:33 Forexlive Latest News Market News
Latest data released by the Federal Statistics Office – 31 March 2020
– -0.1%
ForexLive
A mild boost in retail sales activity last month but this largely pre-dates the virus outbreak in Europe so the data release here hardly offers much of anything relevant.
Full Article
– -0.1%
ForexLive
A mild boost in retail sales activity last month but this largely pre-dates the virus outbreak in Europe so the data release here hardly offers much of anything relevant.
French finance minister says that 21,000 firms have requested loan guarantees
49037 March 31, 2020 14:29 Forexlive Latest News Market News
Comments by French finance minister, Bruno Le Maire
– Companies have sought €3.8 billion in state-guaranteed loans since crisis started
ForexLive
Again, this just reaffirms that these are tough times for businesses from all facets of the world as the virus outbreak and global lockdown measures weigh on the livelihoods of many.
Full Article
– Companies have sought €3.8 billion in state-guaranteed loans since crisis started
ForexLive
Again, this just reaffirms that these are tough times for businesses from all facets of the world as the virus outbreak and global lockdown measures weigh on the livelihoods of many.
Germany’s Ifo says that if firms close for more than 2 months, could cost Bavaria €49-94 billion
49036 March 31, 2020 14:21 Forexlive Latest News Market News
Ifo institute releases an estimate on the economic damage
On the lower end of the spectrum, that is roughly ~8% of Bavaria’s 2018 GDP of €625 billion. Meanwhile, the higher end estimate sees a ~15% GDP hit to the Bavarian economy.
Full Article
On the lower end of the spectrum, that is roughly ~8% of Bavaria’s 2018 GDP of €625 billion. Meanwhile, the higher end estimate sees a ~15% GDP hit to the Bavarian economy.
Eurostoxx futures +0.6% in early European trading
49035 March 31, 2020 14:17 Forexlive Latest News Market News
Mildly positive tones observed in early trades
– German DAX futures +0.7%
– French CAC 40 futures +0.5%
– UK FTSE futures -0.2%
ForexLive
Less than 1% changes across the board in futures currently and in this kind of market environment, that is hinting at more tepid tones to start the day.
Full Article
– German DAX futures +0.7%
– French CAC 40 futures +0.5%
– UK FTSE futures -0.2%
ForexLive
Less than 1% changes across the board in futures currently and in this kind of market environment, that is hinting at more tepid tones to start the day.
Nikkei 225 closes lower by 0.88% at 18,917.01
49032 March 31, 2020 14:12 Forexlive Latest News Market News
The Nikkei posts its biggest quarterly loss since Q4 2008
ForexLive
Elsewhere, he Hang Seng is up by 0.7% but is on course for a 17% drop in the first quarter while Chinese indices are flat, with the CSI 300 index set to close 10% down in Q1 2020.
Full Article
ForexLive
Elsewhere, he Hang Seng is up by 0.7% but is on course for a 17% drop in the first quarter while Chinese indices are flat, with the CSI 300 index set to close 10% down in Q1 2020.