Sen. Cruz speaking on MSNBC interview Sen. Ted Cruz speaking on a MSNBC interviewsays that he spoke to the president on Thursday and that he believes the president is eager for a coronavirus relief deal.   Earlier this week Pres. Trump called off trade negotiations, only to come back with a piecemea

According to the latest data published by the French Health Ministry on Saturday, the number of new coronavirus cases in the country spiked by a whopping 14,412, bringing up the tally to 527,446. Note that a daily record of 16,096 new infections was set earlier this week. France reported 39 new deat

USD/CHF’s recovery from was limited at 0.9200 last week and reversed since then. Initial bias remains neutral this week first. On the downside, break of 0.8998 will resume larger down trend. Nevertheless, break of 0.9200 will resume the rebound towards 38.2% retracement of 0.9901 to 0.8998 at 0.9343

GBP/NZD comes as a compelling trade on the back of a northerly projection into a key supply area.  We have the reserve Bank of New Zealand on Wednesday and the longer-term outlook remains highly uncertain which leaves all options on the table. There should be some bearish headwinds for the bird on t

The Singapore stock market has finished higher in two of three trading days since the end of the three-day slide in which it had dropped almost 35 points or 1.2 percent. The Straits Times Index now rests just above the 2,610-point plateau although it may see renewed selling pressure on Friday. The g

Here is what you need to know on Thursday, July 9th: Markets were mixed, with stocks making a come back from a beaten-down day on Wednesday as investors keep the faith in the vaccine race and the ability for economies to struggle through the coronavirus malaise.  US cases of COVID-19 surpassed 3 mil

US Secretary of State Mike Pompeo joins some of the top advisers in the Trump administration to consider using the Hong Kong dollar’s peg with the US currency. The move aims to punish China for recent moves to chip away at the former British colony’s political freedoms, per the Bloomberg. Key quotes

Daily Pivots: (S1) 1.1254; (P) 1.1294; (R1) 1.1360; Intraday bias in EUR/USD is turned neutral again and the recovery lost momentum well below 1.1422 resistance. On the upside, break of 1.1422 will resume whole rebound from 1.0635 and target 1.1495 key resistance next. On the downside, break of 1.12

There’s another full week ahead on the market calendar, even as investors will continue to focus on public health metrics – especially in light of higher case counts in some populated areas of the US. Central banks will feature prominently on the calendar list, with decisions from the Bank of Japan,

China Economic Data Overview Early Monday, the market sees the annualized figures of May month Retail Sales and Industrial Production from the National Bureau of Statistics of China at 02:00 GMT. Investors would emphasize more on the data considering the latest recovery in the dragon nation’s econom

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