GBP / USD drew some buying in the dips near 1.3000 amid a softer tone surrounding the USD. Political uncertainty in the United States, a modest rally in equity markets, undermined the dollar as a safe haven. Brexit uncertainties prevented the bulls from making aggressive bets and limited the upside for the pair. The pair […]
Tag: Coronavirus
Puig asks to participate in the “design” and “application” of European funds for European reconstruction
The economic recovery has become one of the fundamental axes of Ximo Puig’s management and he will transmit it to all the participants of the Conference of Presidents. The head of the Consell will express the will of the Generalitat Valenciana to actively participate in both the design and the application of European funds for […]
The ‘trap’ of regional financing that can drown Andalusia after the pandemic
The budgets of the Andalusian community allocate, every year since 2011, 233 million euros to pay the mortgage that the errors of calculation of the Government of Josà © Luis RodrÃguez Zapatero in the previous economic crisis left in the coffers of the Board. The then socialist executive failed miserably when it came to making […]
Moreno Bonilla calls Pedro Sánchez an “urgent” criterion in the distribution of European funds
 The President of the Board, Juanma Moreno, has asked the President of the Government, Pedro Sánchez, to fix “urgently” the criteria for the distribution of the funds of the European Union to fight against Covid-19, as well as that approve the regulations to choose the projects to which they are destined. According to sources from […]
The nightlife calls for a “crash plan” to prevent its disappearance after applying the curfew
“We are going to disappear”With this direct message, the president of the Leisure, Tourism, Gambling and Recreational Activities Federation (Fotur) has diagnosed the future of nightlife in the Valencian Community. Vector rez has urgently called for “a rescue plan to protect the 2,500 companies and more than 20,000 workers in the leisure sector” Faced with […]
The Balearic Islands have 32,700 more unemployed than a year ago and reached 87,000
 The Active Population Survey (EPA) counts about 87,000 unemployed in the third quarter in the Balearic Islands, which represents 9.45% less than in the previous quarter, with 9,200 fewer unemployed, but a rise of 59.2% compared to a year before, with 32,700 bad stops. The Balearic Islands thus lead the year-on-year increase in unemployment […]
Scholz says dramatic rise in coronavirus infections is very concerning
The dramatic increase in coronavirus infections in Germany is very concerningGerman Finance Minister Olaf Scholz said Tuesday, Reuters reported. “Quick and decisive steps are needed to stop the new wave of infections“Scholz added.”Additional measures should be specific, temporary and targeted, and ideally applied nationwide“. Scholz has further noted that Germany has done well during the […]
USD / CHF jumps to one-week highs and looks for a move above the 0.9100 level
USD / CHF rose for the second day in a row Tuesday amid a modest rally in the USD. Nervousness over the coronavirus continues to underpin the USD as a global reserve currency. The stability in the stock markets weighs on the demand for the safe haven CHF and favors the rise of the pair. […]
Germany warns of 20,000 new possible daily cases, while Russia begins to produce a second vaccine
Peter Altmaier, Germany’s economy minister, has warned that his country could see 20,000 new daily COVID-19 cases per day before the end of this week. The senior official warned that infections in Germany are growing exponentially. The news suggests that the chancellor Angela Merkel is considering a “light lockdown”. In the neighbor France, authorities are […]
Gold falls to new daily lows below $ 1,900 level
Gold is witnessing new sales at higher levels and is now moving into negative territory. A modest pickup in USD demand and stable equity markets contribute to the pullback. Political uncertainty in the United States and nervousness over the coronavirus could help limit deeper losses, at least for now. The gold has returned initial gains […]
