Archive for April 17th, 2020

Foreign Exchange Insights and Next Week

Next Week’s Menu: April 18 – 24, 2020

April 17, 2020

Central Banks: monetary policy reviews are scheduled in Turkey, China, Russia, and Ukraine, but unscheduled meetings have become common during the Covid-19 pandemic. Minutes from the last Reserve Bank of Australia will be published, and RBA Governor Lowe speaks publicly. Holiday’s and Special Events: Australia and New Zealand observe ANZAC Day at the end of […] More

New Overnight Developments Abroad - Daily Update

Some Good News Allows Riskier Assets to End Week on Rising Note

April 17, 2020

Released Chinese data were not as bad as feared. Although the first shrinkage of real GDP since 1976 was confirmed, the on-year decline of 6.8% last quarter was close to expectations, and officials asserted that the Covid-19 shock will not impair the continuing impressive long-term expansion of economic activity. Other released figures revealed a much […] More