covid-19

Virus Vaccine Hopes Emerge Following last week's softer session, market sentiment has turned positive again this week. Traders are reacting with optimism to news of a potential COVID-19 vaccine. Biotech firm Moderna has reported that one…

At first glance, it might seem obvious which industries would benefit the most from ending the lockdowns. Of course, it would be the ones most affected by the lockdowns. It seems logical, but, the economy is a little more complicated…

Several countries are either working on or implementing plans to reopen their economies after the COVID-19 lockdowns. However, we will be feeling the economic consequences for quite some time. Over the last month, there has been a myriad…

Last Week’s Highlights China’s Consumer Prices Drop to a 5-month Low The latest consumer prices data from China released last week saw inflation easing to a five-month low in March. The declines were due to the COVID-19 outbreak which saw…

Last Thursday, the Finance Ministers of the European Union agreed on an unprecedented spending package of €500B. They billed this move as a "stimulus" spending program. However, some are saying it's more accurate to call it a market…

Last year, China recorded the highest level of foreign direct investment in its history. This came despite the trade war with the US. China was the second-largest recipient of FDI after the United States. And about a quarter of it was…

Usually, CPI data from China primarily affects CNH, since it mostly has implications on PBOC policy. But we aren't in a "usual" situation. Just like many are looking at China for clues as to how the coronavirus outbreak will progress,…

Coming up on Thursday, we have important GDP data coming out of the UK. The Manufacturing PMI will follow. Both datasets are typically released 40 days after the month ends. Therefore, the statistics will not reflect the significant…