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Coronavirus cure? – “Put down the bleach, remdesivir is coming”
Coronavirus cure? – “Put down the bleach, remdesivir is coming”

Coronavirus cure? – “Put down the bleach, remdesivir is coming”

51497   April 30, 2020 07:17   Forexlive Latest News   Market News  

JP Morgan with the headline (overnight news ICYMI) on COVID-19, bleach,  and remdesivir 
For more on the news on the drug:
And market response:

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Oil update ICYMI – US gasoline stocks fall, sign of demand increasing?
Oil update ICYMI – US gasoline stocks fall, sign of demand increasing?

Oil update ICYMI – US gasoline stocks fall, sign of demand increasing?

51496   April 30, 2020 06:49   Forexlive Latest News   Market News  

Greg had the US inventory data (official EIA)  posted overnight, with this:
Note further on demand:
weekly
gasoline supplied, rose 549kb/d, the most
since May 2019. – this is a demand indicator 

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NZD has potential for 0.58 in the months ahead
NZD has potential for 0.58 in the months ahead

NZD has potential for 0.58 in the months ahead

51495   April 30, 2020 06:29   Forexlive Latest News   Market News  

A snippet from Westpac on their updated outlook for the New Zealand dollar:

Daily NZD chart:
See here for global coronavirus case data

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New York state coronavirus data for the day. Total hospitalizations down -487
New York state coronavirus data for the day. Total hospitalizations down -487

New York state coronavirus data for the day. Total hospitalizations down -487

51494   April 30, 2020 06:26   Forexlive Latest News   Market News  

The latest coronavirus statistics from New York.
– total hospitalizations 12,159 versus 12,646
– total hospitalizations down -487 on the day
– net change in intubation’s -139 versus -65 yesterday

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New Zealand – ANZ Business Confidence data due today, preview
New Zealand – ANZ Business Confidence data due today, preview

New Zealand – ANZ Business Confidence data due today, preview

51493   April 30, 2020 06:21   Forexlive Latest News   Market News  

ANZ’s NZ Business Survey for April will report on business confidence and activity
The preliminary results are here:
NZ’s level 4 lockdown has hit the economy with, said ANZ “” sending the preliminary result for this survey to a record low (the survey has a 32 year history).

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US exploring ways to store another several several hundred million barrels of oil
US exploring ways to store another several several hundred million barrels of oil

US exploring ways to store another several several hundred million barrels of oil

51492   April 30, 2020 05:40   Forexlive Latest News   Market News  

US Treasury Secretary Mnuchin comments – another attempt to pump some life back into the price of oil? 
Awaiting more detail. perhaps the administration will book rooms at Mar a Lago to stick the barrels in? Dunno. 

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Venezuela asks Bank of England to sell its gold
Venezuela asks Bank of England to sell its gold

Venezuela asks Bank of England to sell its gold

51491   April 30, 2020 05:29   Forexlive Latest News   Market News  

Venezuela is asking the Bank of England to sell part of the South American nation’s gold reserves, send the proceeds to the United Nations to help with the country’s coronavirus-fighting efforts

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More from Trump – says he will have a plan to help the oil industry shortly
More from Trump – says he will have a plan to help the oil industry shortly

More from Trump – says he will have a plan to help the oil industry shortly

51490   April 30, 2020 05:26   Forexlive Latest News   Market News  

Says there will be announcement soon 
See here for global coronavirus case data

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Trade ideas thread – Thursday 30 April 2020
Trade ideas thread – Thursday 30 April 2020

Trade ideas thread – Thursday 30 April 2020

51489   April 30, 2020 05:21   Forexlive Latest News   Market News  

Good morning, afternoon and evening all. Any charts, technical
analysis, trade ideas, thoughts, views, ForexLive traders would like
to share and discuss with fellow ForexLive traders, please do so:

(ps. last chance for April!) 

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Trump coronavirus comments – target date for reopening is as soon as possible
Trump coronavirus comments – target date for reopening is as soon as possible

Trump coronavirus comments – target date for reopening is as soon as possible

51488   April 30, 2020 05:21   Forexlive Latest News   Market News  

Says there is a danger in being confined too uch.
He also adds comments on a vaccine, vague of course. 
See here for global coronavirus case data

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China PMI for April is due today – preview (from China)
China PMI for April is due today – preview (from China)

China PMI for April is due today – preview (from China)

51487   April 30, 2020 05:21   Forexlive Latest News   Market News  

Coming up on Thursday 30 April 2020 at 0100 GMT China official PMIs for April.
National Bureau of Statistics (NBS) PMIs
Followed at 0145 GMT by the privately produced Caixin/Markit Manufacturing PMI for April have collated some expectations, in brief:

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US coronavirus – Florida Governor says the state to begin reopening on Monday 4 May
US coronavirus – Florida Governor says the state to begin reopening on Monday 4 May

US coronavirus – Florida Governor says the state to begin reopening on Monday 4 May

51486   April 30, 2020 05:09   Forexlive Latest News   Market News  

COVID-19 news out of the US
Phase 1 of the reopening to begin May 4
in some counties only (some will not be included in reopening as yet)
See here for global coronavirus case data

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