CAPEX remains solid but need to see how coronavirus may impact CAPEX in June Tankan
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Will aim to create a scheme to aid funding for small firms

The Bank of Japan (BOJ) Governor Haruhiko Kuroda came out on the wires in the last hour, via Reuters, noting that they will aim to create a scheme to aid funding for small firms. The central bank is aiming to g...

Executive board approved $3.4 bln in emergency aid for coronavirus response
Forex News

Executive board approved $3.4 bln in emergency aid for coronavirus response

Reuters reports that the “International Monetary Fund’s said its executive board on Tuesday approved $3.4 bln in emergency financial assistance for Nigeria to support the oil exporter’s respon...

EU lawmakers back aid for virus-hit economy in remote vote – Reuters
Forex News

EU lawmakers back aid for virus-hit economy in remote vote – Reuters

After 12 hours of heated discussion between the Members of the European Parliament, the bloc’s policymakers agreed to avail emergency funds to combat the coronavirus (COVID-19) pandemic amid the initial Friday ...

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AUD/USD drops 1.0% below 0.5900 as US Senate members jostle over the aid package

AUD/USD declines following the pullback from the weekly top. US Democrats show disappointment from the US bill, which could delay the final voting on the $2.2 trillion stimulus package. Coronavirus fears renew ...

No need for more farm aid after China trade deal
Forex News

No need for more farm aid after China trade deal

The US Department of Agriculture Secretary Sonny Perdue said, as per Reuters, that China will soon begin buying U.S. farm goods to meet the $40 billion in agricultural purchase agreements it made, alleviating g...