In its latest report, the World Bank projected the Thai economy to shrink by at least 5% this year, in the face of the coronavirus pandemic. Key details “The economy will take more than two years to return to p...
According to the Goldman Sachs analyst, the US national face mask mandate could help reduce the daily growth rate of coronavirus cases and in turn substitute for lockdowns, which could have affected the GDP. Ke...
Speaking in an interview on Times Radio, the UK Prime Minister (PM) Boris Johnson commented on the economic outlook while adding that economy stands resilient to this coronavirus crisis. Key quotes “This is goi...
USD/JPY met with some fresh supply on Friday and retreated further from over one-week tops. Worries over rising coronavirus cases benefitted the safe-haven JPY and exerted some pressure. The USD extended its co...
According to the latest Bloomberg survey, the Bank of Japan (BOJ) is seen trimming its economic projections again next month due to the massive economic fallout from the coronavirus pandemic. Key findings “The ...
Sharon Zollner, Chief Economist at Australia and New Zealand Banking Group (ANZ) noted the ANZ-Roy Morgan Consumer Confidence Index recovered further in June. It has made back about half its fall, but is around...
AUD/USD struggled for a firm direction on Thursday and was seen oscillating in a range. The risk-off mood benefitted the safe-haven USD and kept a lid on the intraday bounce. Mixed US economic data failed to im...
USD/JPY continued gaining traction for the second consecutive session on Thursday. The positive move was fueled by some strong follow-through USD buying interest. The USD bulls maintained their dominant positio...
US durable goods orders overview Thursday’s US economic docket highlights the release of durable goods orders data for May. The US Census Bureau is scheduled to release the monthly report at 12:30 GMT. Ha...
According to the latest survey of around 2000 German published by the Nuremberg-based GfK institute on Thursday, the consumer confidence improved slightly heading into July, as the lockdown easing fueled optimi...
