Articles
Trouble brewing down under?
53895 May 29, 2020 14:40 Forexlive Latest News Market News
The medium term outlook for the AUD is likely to weaken if the US-China trade dispute grows. This is because Australia is the most China dependent major developed economy and tensions have been mounting between the two countries.
UK environment minister: We can’t keep people on furlough scheme indefinitely
53894 May 29, 2020 14:21 Forexlive Latest News Market News
The UK remains in a bit of mess right now with local media and the public heavily focused on the debate of whether or not Dominic Cummings broke lockdown restrictions.
Nikkei 225 closes lower by 0.18% at 21,877.89
53893 May 29, 2020 14:09 Forexlive Latest News Market News
Despite the slightly lower finish, it was still a solid week for the Nikkei as it gained by a little over 7% in trading this week.
Whit Monday Holiday Trading Schedule 2020
53891 May 29, 2020 14:09 ICMarkets Market News
Dear Trader,
Please find our updated Trading schedule for Whit Monday Holiday on Monday 01st June 2020.
Times mentioned below are Platform time (GMT +3).
CFDs:
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Germany April retail sales -5.3% vs -12.0% m/m expected
53890 May 29, 2020 14:02 Forexlive Latest News Market News
– -5.6%; revised to -4.0%
– Retail sales -6.5% vs -14.0% y/y expected
– Prior -2.8%; revised to -1.2%
See here for global coronavirus case data
Germany April import price index -1.8% vs -1.4% m/m expected
53889 May 29, 2020 14:02 Forexlive Latest News Market News
– -3.5%
– Import price index -7.4% vs -7.2% y/y expected
– Prior -5.5%
Slight delay in the release by the source. Import prices slumped heavily amid the drop in energy prices and weaker price pressures in general amid the fallout from the virus outbreak. Not a material data
Trade ideas thread – European session 29 May 2020
53888 May 29, 2020 13:45 Forexlive Latest News Market News
The technical breakout in EUR/USD is supportive of such flow momentum and that is helping to weigh further on the greenback ahead of the final month-end fix later today.
Tokyo governor says that gyms, department stores will be allowed to reopen from Monday
53887 May 29, 2020 13:40 Forexlive Latest News Market News
See here for global coronavirus case data
Japan May consumer confidence index 24.0 vs 21.1 expected
53885 May 29, 2020 13:12 Forexlive Latest News Market News
– Prior 21.6
Consumer sentiment has improved slightly from the plunge in April but is still at rather depressed levels. The index here measures the households’ confidence on the economy.
Australia PM Morrison: Not considering sanctions on Chinese officials over Hong Kong matter
53880 May 29, 2020 12:49 Forexlive Latest News Market News
Meanwhile, Morrison also says that he would consider a travel bubble with New Zealand if some Australian states kept their borders closed. I reckon that is unlikely, as it should be a case of settling the domestic situation first before turning attention to
Australia PM Morrison: The risk of the virus outbreak remains great
53879 May 29, 2020 12:29 Forexlive Latest News Market News
Despite being one of the more successful nations in combating the coronavirus outbreak, ScoMo isn’t taking any chances here. If anything, the message above continues to reaffirm that Australia may not reopen its borders any time soon.
Tokyo governor says to loosen some restrictions on businesses from 1 June
53878 May 29, 2020 12:26 Forexlive Latest News Market News
– Urges people to continue to avoid travel to other regions
Even though the state of emergency in Tokyo has been lifted, some business restrictions are still continuing until the end of the month. There are some concerns in Japan popping up over the past few days with Kyodo News