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French Health Minister: We cannot ease up on restrictions for now

“We cannot ease up on coronavirus-induced restrictions for now,” French Health Minister Olivier Véran said in a statement on Tuesday. Further quotes “Hoping to have some 300 vaccine centers in France by next week.” “Will authorise vaccination of people aged 75 and above who are living at home by the

Volatility in U.S. stocks jumps as investors brace for Senate 'blue sweep'

NEW YORK (Reuters) - Expectations for market gyrations are rising as investors face U.S. Senate runoffs in Georgia on Tuesday that will determine which party controls Congress, amid a resurgence in coronavirus cases. The Cboe Volatility Index, known as Wall Street’s “fear gauge,” on Monday notched i

EMERGING MARKETS-Asian currencies, stocks tepid ahead of key U.S. Senate vote

* Indonesian rupiah eases * Chinese yuan trades flat after initial gains * Philippine stocks lead losses, down 1% By Anushka Trivedi Jan 5 (Reuters) - Most Asian currencies were flat-to-lower on Tuesday as investors refrained from making big bets ahead of crucial U.S. Senate elections that could det
Is the Gold Rally of 2021 Starting?  #Goldboom##marketoutlook2021##technicalanalysis#

WTI under immense pressure on risk-off Wall Street

Oil prices under pressure despite hopes of the covid vaccine. Oil ministers give opposition to increasing oil output from February. US stocks plummet in anticipation of the Senate runoffs. WTI is trading at $47.71 between a range of $47.28 and $49.80 bbls, losing 0.84% at the time of writing. The pr

Eurozone Manufacturing Growth Accelerates In December

Eurozone manufacturing conditions improved to its highest level since May 2018 driven by stronger rises in output and new orders, final data from IHS Markit showed Monday. The manufacturing Purchasing Managers' Index rose to 55.2 in December from 53.8 in November. The reading was below the flash est

Japan snaps 19-month decline in factory activity in December - PMI

TOKYO (Reuters) - Japan’s factory activity ended a record 19-month run of declines in December as output stabilised for the first time in two years, suggesting manufacturers are shaking off the negative impact from the coronavirus pandemic. The private-sector data contrasts somewhat with last week’s

XE Market Analysis: Asia - Dec 31, 2020

N.Y. FX trade was very quiet on the last day of the year, though the Dollar managed modest gains through the morning session. The DXY has made new trend lows of 89.52 in overnight Asian trade, though managed to rebound to 89.94 highs into the London close. The weekly jobless claims data likely helpe

EMERGING MARKETS-Mexico's peso gains, but set for worst year since 2016

(There will be no Latin America-focused emerging market report on Jan. 1 owing to the New Year's Day holiday) By Shashank Nayar Dec 31 (Reuters) - Mexico's peso gained on Thursday in its last trading day of the year after authorities were close to authorizing a COVID-19 vaccine, though the currency

EU wants swift resolution of aircraft dispute with Biden

BRUSSELS (Reuters) - The European Commission said on Thursday that new U.S. tariffs on EU products disrupted ongoing negotiations with Washington to resolve a 16-year battle over aircraft subsidies and it hoped to find a swift solution with the next U.S. president, Joe Biden. The Commission, which c

DAX Index Forecast: Market Forming a Short-Term Top

The DAX gapped lower during the trading session on Wednesday only to turn around and fill the gap. We have fallen from there and it is worth noting that the €13,825 level had previously caused resistance several months ago, and now we are seeing that area offer resistance yet again. The question is

EMERGING MARKETS-No Asia emerging market report on Jan. 1

Dec 31 (Reuters) - There will be no Asia emerging market stocks and currencies report on Friday, Jan. 1, as most markets in the region will be closed for the New Year holiday. Reuters will resume coverage of the report on Monday, Jan. 4. Our Standards: The Thomson Reuters Trust Principles.

NZD/USD Lanjutkan Pergerakan Ke Utara Ke Tertinggi Baru 32-Bulan Di Atas 0,7200 Setelah IMP Tiongkok

NZD/USD kembali ke level tertinggi sejak April 2018 setelah data aktivitas resmi TIongkok untuk Desember dirilis.IMP Manufaktur NBS berkurang menjadi 51,9, IMP Non-Manufaktur melonjak menjadi 55,7.Risiko juga tetap sedikit dalam tawaran beli meskipun ada masalah virus dan ketidakpastian cek AS.

ECB's Weidmann: Economic outlook ultimately depends on how covid infections develop after lockdown

Jens Weidmann, European Central Bank (ECB) Governing Council member and Bundesbank President, said on Thursday that the nation’s economic outlook relies on the coronavirus (COVID-19) developments after lockdown. However, the policymakers ruled out expectations that the second coronavirus wave to inf

Stocks higher on vaccine progress, Oil little changed, Gold higher on weaker dollar, Bitcoin remains hot

US stocks are aiming for fresh record highs as stimulus payments arrive at American bank accounts and after the UK signed off on the COVID vaccine from AstraZeneca and University of Oxford. Risk appetite remains unfazed to the current dark period of COVID in the US that is recording over 3,000 daily

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