Quick move higher in oil Algeria's oil minister said production cuts at OPEC+ could reach 10 mbpd. There's so many minefields in the statements. It's ...read more

Posted on: Wed, Apr 8, 2020 6:21 PM

Comments in the minutes of the March 15 meeting This is nothing new but worth repeating: With regard to monetary policy beyond this m ...read more

Posted on: Wed, Apr 8, 2020 6:01 PM

US coronavirus data for April 8, 2020 Meanwhile in NJ which is has the 2nd highest case count in the US, showed: ForexLive ...read more

Posted on: Wed, Apr 8, 2020 5:53 PM

Keep an eye on oil into settlement Yesterday's big swoon in oil started at about 1 pm ET but it's been quiet today. However we're still within strikin ...read more

Posted on: Wed, Apr 8, 2020 5:40 PM

Good demand for bonds I weep for the person who buys a 30-year bond that only pays 1.325%. That's a big bet against the Fed never meeting its mandate. ...read more

Posted on: Wed, Apr 8, 2020 5:04 PM

New York state coronavirus data for April 8, 2020 Numbers will be filled it as they're released: The number of cases was the highest yet. I have to w ...read more

Posted on: Wed, Apr 8, 2020 4:42 PM

The latest numbers from Italy The number of deaths was lower but cases higher. Italy went into a national lockdown on March 8, so this is a full month ...read more

Posted on: Wed, Apr 8, 2020 4:12 PM

The latest UK numbers: When the mortality rate is 11.7%, it's safe to assume there are many cases going undetected. The pound has come off the highs o ...read more

Posted on: Wed, Apr 8, 2020 3:54 PM

Campaign releases a statement Bernie is out of the race for the Democratic nomination. He will address supporters at 11:45 am ET (in about 20 minutes) ...read more

Posted on: Wed, Apr 8, 2020 3:21 PM

Weekly petroleum inventories That's a lot of oil going into storage in two weeks and Saudi cargoes are just starting to land. The implied demand numbe ...read more

Posted on: Wed, Apr 8, 2020 2:30 PM

The glut continues to build WTI crude has bounced 5% after a swift, 9% decline yesterday on a technical break of $26.00. There's a sign of a double bo ...read more

Posted on: Wed, Apr 8, 2020 2:09 PM

Pop quickly drops The better tone in risk assets and oil isn't helping USD/JPY. The pair jumped to 109.10 but has now reversed back down to 108.75. Wh ...read more

Posted on: Wed, Apr 8, 2020 1:45 PM

Comments from Mnuchin The $350B small business lending program will undoubtedly run out of money, because it's not a loan, it's a giveaway and free mo ...read more

Posted on: Wed, Apr 8, 2020 1:24 PM

McDonald's out with a warning We're nearing earnings season and that's when we're going to get some real-time commentary from executives on the impact ...read more

Posted on: Wed, Apr 8, 2020 1:09 PM

That's a big drop Those are frightening numbers. ForexLive ...read more

Posted on: Wed, Apr 8, 2020 1:02 PM

That's $130B in AUD Australia's package is subsidizing wages and means the government will pay wage subsidies of A$1500 biweekly. It's equivalent to 7 ...read more

Posted on: Wed, Apr 8, 2020 12:51 PM

What's moving markets today Clearly, there's still a whole lot of worry associated with the coronavirus, despite positive headlines this week. While t ...read more

Posted on: Wed, Apr 8, 2020 12:40 PM

Canada building permits data for Feb 2020 February data doesn't matter but in a few weeks we'll be into March numbers and beyond. That's when it start ...read more

Posted on: Wed, Apr 8, 2020 12:30 PM

Canadian housing starts data from the CMHC ForexLive ...read more

Posted on: Wed, Apr 8, 2020 12:14 PM

Forex news from the European trading session - 8 April 2020 Headlines: Markets: - GBP leads, EUR lags on the day - European equities lower; E-minis up ...read more

Posted on: Wed, Apr 8, 2020 12:07 PM

Comments by UK PM spokesman, James Slack But the takeaway I guess is that the update is not pointing to anything worse. Then again, the silence among ...read more

Posted on: Wed, Apr 8, 2020 11:55 AM

Pelosi, Schumer says will move to pass another bill with broader relief measures after Congress passes interim emergency coronavirus bill - To seek $2 ...read more

Posted on: Wed, Apr 8, 2020 11:36 AM

A tweet by EU chief Brexit negotiator, Michel Barnier Today, my team & I spoke to prepare the weeks ahead. Our work @EU_Commission continues, even ...read more

Posted on: Wed, Apr 8, 2020 11:31 AM

Comments by New York mayor, Bill de Blasio - Now we have enough ventilators to get through the week - There is no question the virus is driving a spik ...read more

Posted on: Wed, Apr 8, 2020 11:13 AM

Latest data from the Mortgage Bankers Association for the week ending 3 April 2020 -  +15.3% - Purchase index 185.9 vs 211.7 prior - Market index ...read more

Posted on: Wed, Apr 8, 2020 11:00 AM