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UK Q4 final GDP 0.0% vs 0.0% q/q prelim
UK Q4 final GDP 0.0% vs 0.0% q/q prelim

UK Q4 final GDP 0.0% vs 0.0% q/q prelim

49031   March 31, 2020 14:02   Forexlive Latest News   Market News  

Latest data released by ONS – 31 March 2020
– GDP +1.1% vs +1.1% y/y prelim
ForexLive
Slight delay in the release by the source. The preliminary report can be found .

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Germany February import price index -0.9% vs -0.3% m/m expected
Germany February import price index -0.9% vs -0.3% m/m expected

Germany February import price index -0.9% vs -0.3% m/m expected

49030   March 31, 2020 14:02   Forexlive Latest News   Market News  

Latest data released by Destatis – 31 March 2020
– -0.4%
– Import price index -2.0% vs -1.5% y/y expected
– Prior -0.9%
ForexLive
Slight delay in the release by the source.

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Italy reportedly may extend lockdown until 4 May
Italy reportedly may extend lockdown until 4 May

Italy reportedly may extend lockdown until 4 May

49029   March 31, 2020 13:29   Forexlive Latest News   Market News  

La Stampa reports on the matter
The current set of measures are due to end on Friday but given the situation, it is likely to be extended for a longer period surely. But another month of lockdown means another month of an economic hit to the Italian and world economy.

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Trade ideas thread – European session 31 March 2020
Trade ideas thread – European session 31 March 2020

Trade ideas thread – European session 31 March 2020

49028   March 31, 2020 13:21   Forexlive Latest News   Market News  

Daily thread to exchange ideas and to share your thoughts
The dollar is keeping a little firmer to start the day with EUR/USD flirting with the 1.1000 handle while USD/JPY ran higher at the Tokyo fix and is keeping above 108.00 for now.

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Volkswagen said to have resumed production in 22 of its 24 plants in China
Volkswagen said to have resumed production in 22 of its 24 plants in China

Volkswagen said to have resumed production in 22 of its 24 plants in China

49027   March 31, 2020 13:02   Forexlive Latest News   Market News  

Global Times tweets, citing details from Volkswagen Group China
tweet
The thing to take notice here is that China is increasing the frequency in which they are pointing out green shoots and recoveries in the domestic economy.

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The virus epidemic is far from over in the Asia Pacific region, WHO official warns
The virus epidemic is far from over in the Asia Pacific region, WHO official warns

The virus epidemic is far from over in the Asia Pacific region, WHO official warns

49026   March 31, 2020 12:49   Forexlive Latest News   Market News  

The official says that government measures are merely buying time for countries to prepare for large-scale community transmissions
says
ForexLive
It brings into question the long-term planning by many countries and their lockdown and containment efforts. Are they trying to bring the virus spread to near zero? If so, what other health measures are being put in place

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Thailand estimates foreign arrivals this year at 26.6 million, down by 33% from last year
Thailand estimates foreign arrivals this year at 26.6 million, down by 33% from last year

Thailand estimates foreign arrivals this year at 26.6 million, down by 33% from last year

49025   March 31, 2020 12:29   Forexlive Latest News   Market News  

I would say even that is a fairly optimistic estimate
Not to mention the change in consumer behaviour and skepticism towards traveling will remain as long as there is no real treatment/cure to the virus in the coming months.

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ForexLive Asia FX news wrap: Mini flash crashes to round out Q1
ForexLive Asia FX news wrap: Mini flash crashes to round out Q1

ForexLive Asia FX news wrap: Mini flash crashes to round out Q1

49021   March 31, 2020 11:51   Forexlive Latest News   Market News  

Forex news for Asia trading Monday 30 March 2020 

End of quarter buying and the final Tokyo fix for the Japanese fiscal
year combined to see a higher USD here in the Asian time zone today.

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US Defense Dept orders all installations to stop announcing publicly new coronavirus cases
US Defense Dept orders all installations to stop announcing publicly new coronavirus cases

US Defense Dept orders all installations to stop announcing publicly new coronavirus cases

49020   March 31, 2020 11:33   Forexlive Latest News   Market News  

Defense Secretary Mark Esper had the order issued:
– commanders at all of its installations worldwide to stop announcing publicly new coronavirus cases among their personnel
Sounds like a good idea. The Pentagon says it’ll still issue total numbers. 

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Goldman Sachs on the 3 things needed to be confident the stock market has bottomed
Goldman Sachs on the 3 things needed to be confident the stock market has bottomed

Goldman Sachs on the 3 things needed to be confident the stock market has bottomed

49019   March 31, 2020 10:45   Forexlive Latest News   Market News  

Analysts at Goldman Sachs do expect the US stock market to end the year higher than current levels (about 20% higher)
But caution (this snippet from the note):

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Coronavirus – Japan’s foreign minister has issued advice against travel to 73 countries, regions
Coronavirus – Japan’s foreign minister has issued advice against travel to 73 countries, regions

Coronavirus – Japan’s foreign minister has issued advice against travel to 73 countries, regions

49016   March 31, 2020 10:02   Forexlive Latest News   Market News  

FM Motegi urges Japanese not to travel to about a third of the countries in the world. 
The usual suspects are on there, those hit hard by the virus outbreak such as US, UK, and most of Europe. 

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ICYMI: A coronavirus vaccine will begin testing in Sept, could be available early 2021
ICYMI: A coronavirus vaccine will begin testing in Sept, could be available early 2021

ICYMI: A coronavirus vaccine will begin testing in Sept, could be available early 2021

49015   March 31, 2020 10:02   Forexlive Latest News   Market News  

Overnight news, this on Johnson & Johnson, the firm says human testing of its experimental vaccine for the coronavirus will begin by September
And it could be available for emergency use authorization in early 2021

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