It could be a busy pre-Easter day. The US$ index is flat as markets consolidate ahead of a slew of meetings and data releases today. The EU finance ministers meet again a Eurozone rescue package. OPEC++ meet to discuss cutting global output by +10mio BPD. The FED Chairman will be speaking in Washing...

The US coronavirus death toll jumped to a record +1,800 on Tuesday, bringing the fatalities to +12,900 across the USA. The total number of US virus cases has surpassed 400k and the global number of virus cases is currently stands at 1.449mio. The Coronavirus developments saw equity markets consolida...

Global equity and currency markets strengthened today as initial signals show the reduction of virus cases in several countries. A number of senior officials feel it is too soon to say that virus cases are easing and stress caution. Despite the cautious messages, investors are looking beyond the cur...

Coronavirus data continues to drive world markets as global cases hit +1.3mio and related deaths surpass 70k. Equity markets and US$ index firmed on reports of slowing cases in Italy, Spain and the White House reporting optimism amid stabilizing NY cases. Alternatively, Asian currencies firmed despi...

After a volatile week which has seen US Jobless claims hit a record 6.6mio, coronavirus cases breach +1 million and related deaths totaled +54k. US$ index against a basket of major currencies rallied +4% as investors return to US$S safe haven buying. Talk of a truce between Russia & Saudi Arabia...

Markets are bracing for the release of the US weekly jobless claims which is expected to set a new record high. With US virus cases surpassing 216k and more than 80% of American’s under some form of lockdown, new jobless claims are expected to surpass 3.5mio. US$ index has fallen slightly vs a bas...

Global markets start April on a bearish tone following stark predictions of rising virus deaths and fears of increased economic damage from the coronavirus pandemic. On expectations that virus cases will exceed 1 million this week, investors are retreating back to the safe haven of US$. US$ index ra...

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...

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...

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...