FX News Today – Good Morning – Trump talks tax cuts, Abe leans on BOJ. Prospect of MORE stimulus creates relief bounce for Equities and Bond Yields. JPY CHF & Gold weaker – Big 7% retrace for OIL (Bloomberg reports – some Saudi customers increasing orders by 50%). Chinese CPI & PPI in line with expectations.
All of Italy now in lockdown – only 19 new COVID cases in mainland China.
Click here to access the HotForex Economic Calendar
Stuart Cowell
Head Market Analyst
Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
