The British pound has increased in value over the course of the past week in line with an ongoing improvement in investor sentiment.
Information is not investment advice
Economic activity in service sector in the Euro zone and the UK is on its lowest rates since 2009.
Jerome Powell made a rare appearance in the public media this Thursday. What did he bring to the audience?
The record-high unemployment claims may pull the USD down
According to the International Monetary Fund, the global economy could suffer from the coronavirus pandemic even more than from the financial crisis a decade ago.
The unprecedented amount of financial aid is to be voted by the US Congress and signed by the President this Wednesday. Stay calm, Mr. Market!
So the Fed comes to provide as many US dollars as it takes to keep going. How does the market respond?
The Bank of England’s Monetary Policy Summary will be announced on Thursday at 14:00 MT time.
US Monthly Durable Goods Orders will be announced on Wednesday at 14:30 MT time.
European Flash Manufacturing PMI will be announced on Tuesday at 11:00 MT time.