Monthly Archives: mars 2020

Tuesday March 31st, 2020

Chinese manufacturing and service PMI data released today both beat expectations signaling signs of recovery. Equity markets have started the day in positive territory but are set to post their worst quarter since 2002. US$ index continues to strengthen vs a basket of major currencies. Asian currenc...
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Monday March 30th, 2020

Over 110 counties have instigated travel and movement restrictions, with +1bln people globally under some form of lockdown restrictions. Global virus cases are approaching 750k, global related deaths hits +34,830 with +800 reported today. US$ index firmed almost 1% vs major currencies after the US e...
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Friday March 27th, 2020

A volatile week for the US$ which is on track for its biggest weekly fall in a decade. The combination of FED’s QE measures, the leap in US virus cases and the highest weekly surge in US Unemployment claims on record added pressure to US$. The US House of Representatives votes on the US$2-trillion...
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Thursday March 26th, 2020

The US Senate passes $2-trillion stimulus package, which now moves to the House of Representatives for a vote on Friday. The US$ index continued to fall for a 4th consecutive day vs a basket of major currencies. Investors have pulled back from the US$ ahead of the US Initial claims data this mo...
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Wednesday March 25th, 2020

The US Senate and the WH administration have reached an agreement on a $2-trillion package, the largest rescue package in American history. The Senate and the House of Representative are both expected to vote on the stimulus package today. The combination of $2-trillion package, alongside the Fed&rs...
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Tuesday March 24th, 2020

Yesterday, in a coordinated effort to stabilize financial markets the US Fed announced unlimited Q.Easing and Germany announced Euro 750bln stimulus package. Markets are initially responding positively with European equities stronger and oil up 4% in early trading. The US$ index fell 1% boosting wea...
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Monday March 23rd, 2020

Equity and commodity markets have opened weaker this morning on rising fears that current global stimulus isn’t enough to offset the economic impact from the coronavirus. Global virus cases grew to +340k, with the US having the 3rd largest number of virus cases at +35k, global deaths approach ...
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Friday March 20th, 2020

Global equity and commodity markets rebounded after waves fiscal and monetary stimulus has begun to give confidence back to investors. Central banks remain active with both BoE and Norways central bank cut interest rates overnight. The US$ after its biggest weekly gain since the 08 financial crisis ...
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Thursday March 19, 2020

Global equity and commodity markets continue to weaken as global recession fears related to the coronavirus cause investors to flock to the US$ safe-haven. US$ extended its gains seeing the US$ index rises 2% vs major currencies and setting the US$ up for its largest « winning streak » since 19...
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Wednesday March 18th, 2020

The US presses for US$ 1 trillion stimulus package as global Coronavirus cases increases to +200k and US deaths cross +100. Global equity and commodity markets remain under pressure and investors flock to US$. Global central banks continue their efforts to keep money markets operational. The FED ann...
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