The Governor of the Bank of England, Andrew Bailey, has appeared in the last hour, reiterating that the Central bank committee is ready to take whatever action is necessary to achieve its mission if the inflation outlook weakens. Featured statements: The direct effects of COVID-19 are supposed to fade, but they have a lingering indirect […]
Tag: Coronavirus
Germany reports around 20,000 new cases, record daily increase
According to the latest statistics published by the Robert Koch Institute (RKI), Germany reported 19,990 new coronavirus infections on Thursday. This is the Record daily rise in new virus cases, despite “soft lockdown” already underway. The total count now stands at 597,583 this Thursday. On Wednesday, the total count increased by 17,214. The death toll […]
Covid does not affect (as much) the real estate market, hopeful despite a 23% drop in sales
The real estate sector is confident of recovering from the drop in sales transactions registered during the pandemic after detecting that “demand is still strong”, that most of the projects under construction are still underway and that prices have not suffered major drops. A good situation conditioned -in part- by the recovery of the international […]
Oxford vaccine trial chief says hard to say if vaccine could be rolled out before Christmas
Professor Andy Pollard, director of the Oxford Vaccine Group and chief investigator of the Oxford Vaccine Trial, said Wednesday that the first step in determining if the vaccine works could happen this year, as reported by Reuters. Additional comments: “We are approaching the test results“. “No results yet Of the tests”. “It is difficult to […]
Raab says the lockdown will definitely end on December 2
Amid the electoral chaos in the United States, the UK Foreign Secretary, Dominic Raab, said in a statement on Wednesday that the national lockdown will definitely end on December 2.. The tranquility of Raab has offered no respite to sterling bulls, with the GBP / USD falling 0.86% on the day and trading at 1.2941 […]
De Guindos says new measures to curb COVID-19 could cause a significant slowdown in the fourth quarter
New measures to curb the resurgence of COVID-19 could lead to a significant slowdown or even an economic contraction in some European countries in the fourth quarter., said on Wednesday the vice president of the European Central Bank, Luis De Guindos. Additional comments: “The macroeconomic outlook for Spain will be updated in December.” “The recent […]
EUR / USD around 1.1703 amid US elections
EUR / USD is clinging to the 1.7 zone on Biden’s anticipated win. COVID-19 is a big problem for the euro bulls. The EUR/USD It is currently trading at 1.1703 between a low of 1.1630 and a high of 1.1740, an increase of 0.54% at the time of writing in anticipation of the so-called blue […]
USD / JPY recovers initial losses and returns to the 104.70 region
USD / JPY is struggling to gain significant traction and remains trapped within a range. Political uncertainty in the US keeps USD bulls on the defensive and limits the pair’s rally. Market optimism weighs on the safe-haven JPY and could help limit the pair’s deeper losses. The pair USD / JPY lacks a firm directional […]
The crisis is not over, economies must continue to offer fiscal support – Reuters
The International Monetary Fund (IMF) warned on Monday that the coronavirus crisis is not over yet, urging economies to continue offering fiscal support to allow for a healthy recovery, according to Reuters. Featured statements: “The support must be maintained throughout the crisis. A premature withdrawal of aid would further damage livelihoods and increase the likelihood […]
Germany reports 15,352 new cases and highest daily death count since May
According to the latest statistics published by the Robert Koch Institute (RKI), Germany reported 15,352 new infections on Tuesday by coronavirus. Total count now stands at 560,379 this Tuesday. On Monday, the total count increased by 12,097 due to the “weekend effect.” New deaths increased by 131, the highest since early May, with the total […]
