Monthly Archives: octobre 2020

Friday October 30th, 2020

US election uncertainty and surging coronavirus cases is keeping pressure on equity, commodity and currency markets. The US on Thursday set a new daily virus record at 87,100 case, with global cases approaching 45.5mio. The risk-off sentiment has seen the S&P is set for its worst week since June...
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Thursday October 29th, 2020

US election uncertainty and rising COVID-19 cases boosts US$ safe-haven demand. The US$ has held onto its gains as Europe announces more coronavirus lockdowns which will further impact the already fragile EU economic recovery. Investors continue to scale back risk-on positions and adopt a wait-and s...
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Wednesday October 28th, 2020

Risk off sentiment returned after the US President acknowledged that the stimulus relief package is not likely before the election. Equity, currency and oil markets sold off on the news as investors returned to safe haven buying. Markets are now focused on surging coronavirus cases across Europe and...
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Tuesday October 27th, 2020

The US$ consolidates amid rising global coronavirus cases, fading US stimulus hopes and US election uncertainty. The seven-day rolling average of new coronavirus cases continue to rise across Europe, the UK and the US, as global cases approach 44mio. Europe continues to expand lockdown measures, inc...
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Monday October 26th, 2020

Rising coronavirus restrictions and fading hopes of a US stimulus deal saw risk off sentiment return to the markets. Equity, oil & currency markets came under fresh selling pressure as covid-19 hit across the EU hit new records and Spain announced a state of emergency. In the US coronavirus case...
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Friday October 23rd, 2020

The US$ is set for a weekly loss as markets remain focused on US fiscal stimulus and US election developments. House Speaker Pelosi said negotiations were making progress with the White House administration and that legislation could be hammered out “pretty soon”. As global Covid-19 cases approa...
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Thursday October 22nd, 2020

The US$ steadies above its 7-week lows amid US election meddling news and the need for US Stimulus clarity. A federal statement reporting meddling in the US elections and fading hopes of a US stimulus pre-elections have impacted the risk on sentiment. The US$ index bounced off its lows as uncertaint...
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Wednesday October 21st, 2020

US Stimulus hopes causes the US$ to weaken prompting risk currencies to rally. House Speaker Pelosi said talks with the Treasury Secretary Mnuchin on Tuesday were productive, but Senate leader McConnel warns the White House against dividing Republicans with rushed covid-19 stimulus deal. The US$ ind...
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Tuesday October 20th, 2020

Equity and currency markets firm while oil prices hold stable ahead of today’s US Stimulus deadline. The House speaker and The Treasury Secretary says they have narrowed the gap, but clarity is required by the end of today. CNY extends its gains testing fresh 27-month highs up 0.1%, alongside ...
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Monday October 19th, 2020

Renewed US stimulus hopes, and strong Chinese data helps currency and equity markets strengthen. The House Speaker sets Tuesday as a deadline to reach a stimulus deal, but highlighted lack of agreement by then would mean no stimulus deal before the election. Chinese GDP grew Qtr vs Qtr, Industrial P...
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