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...

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...

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...

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 ...

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...

The US$ is poised for its best weekly gain since September as US stimulus hopes fade and new coronavirus cases continue to surge. The US stimulus talks remain stalled as the Treasury Secretary continues to press for compromise and blames election positioning for the stimulus deadlock. Europe and UK ...

Equity and currency markets weaken as risk-off sentiment grows amid rising coronavirus cases and stalled US fiscal stimulus talks. The US Treasury Secretary said that a coronavirus aid deal is unlikely before the US election. Global coronavirus cases continue to surge, and Europe announces stricter ...

Risk-off sentiment re-emerges as vaccine trials stall, covid-19 cases continue to rise, and US stimulus hopes fade. Global coronavirus breach 38.5mio, and many countries reporting record daily new cases, the pausing of the vaccine trials by J&J, Eli Lilly & AstaZeneca has caused concerns for...

Strong Chinese Imports, stalled vaccine testing and pessimistic IEA report sees mixed market responses. China’s September imports surged at 13.2% its fastest pace in 2020, and with exports growing at 9.9% YoY. The strong signals out of China boosted commodity markets. Johnson &Johnson halts te...

Stimulus optimism continues to drive currency and equity markets. In what appears to be a reversal, the White House have opened the door to fresh negotiations with the Dems. The House speaker and The Treasury Secretary hove reignited stimulus discussions, but Reps appear reluctant believing that the...