The German government and states have agreed on a coronavirus aid package to compensate companies that are forced to close in NovemberReuters reports, citing sources familiar with the matter. Reportedly, the aid package will be worth up to 10 billion euros and the government will pay small businesses affected 75% and large companies 70% of […]
Tag: Policy
Von der Leyen says supply of potential COVID-19 vaccines could start in earnest in April
The President of the European Commission, Ursula von der Leyen, said on Wednesday that the supply of a possible vaccine for COVID-19 in Europe could start “in earnest in April”, as reported by Reuters. Von der Leyen has also pointed out that companies could deliver up to 50 million vaccines to the European Union, in […]
The UK Treasury Committee is “extremely concerned” about the lack of preparations for the end of the Brexit transition
The UK Treasury Committee is “extremely concerned” that the government is not ready in time for companies to prepare for the end of the Brexit transition, the Committee Chairman wrote on Friday, Mel Stride, in a letter to Finance Minister Rishi Sunak. Featured statements: “The Committee came out of its testing session … with serious […]
USD / JPY clings to modest gains near daily highs, around the 104.70 region
USD / JPY managed to regain traction on Thursday amid resurgent demand for the USD. The cautious mood benefited the safe-haven JPY and limited strong gains. Investors are now expecting the Trump-Biden debate to have a trade boost. The pair USD/JPY It traded on a positive bias during the early North American session and was […]
XAU / USD updates session lows following bullish US data around $ 1,900
Gold witnessed some new selling on Thursday amid a strong recovery in USD demand. A larger-than-expected drop in initial jobless claims in the United States further sustained the bet. Risk appetite could help limit the slide ahead of the Trump-Biden presidential debate. The gold added to its intraday losses and updated daily lows around the […]
NZD / USD remains stable near weekly highs, around the 0.6665-70 zone
The NZD / USD rose for the second consecutive session on Thursday. The softer risk tone benefited the dollar as a safe haven and limited the rise. Investors are now looking to Trump-Biden for a significant boost. The pair NZD / USD it traded with a slight positive bias during the mid-European session and was […]
Employment increased in almost all districts, growth remained slow
The Federal Reserve published the beige book report on US economic activity stating that employment increased in almost all districts, although growth remained slow. In addition, it states that economic activity continued to increase in all districts, with a growth rate characterized as mild to modest in most. Key notes Changes in activity varied greatly […]
Šefčovič says there will be no fair deal in trade without fair treatment in fisheries
Maroš Šefčovič, Vice President for Interinstitutional Relations at the European Commission, has commented on Brexit, Reuters reports. Key Comments: “There will be no fair deal in trade without fair treatment in fisheries“. “Now is the time for responsibilities.” “A new agreement is not possible unless the last one is properly respected.” Earlier in the day, […]
Barnier says they are prepared to discuss all issues based on the legal text
“The attitude of the European Union has already changed and will not change until the last day“Chief Brexit negotiator for the EU, Michel Barnier, said on Wednesday. However, the Union is “willing to discuss all issues based on the legal text“, has added. Additional comments: We are going to need trust based on the current […]
Charles Michel says he wants a Brexit deal, but not at any price
Commenting on the deadlock in the Brexit deal, the President of the European Council, Charles Michel, said on Wednesday that “we want an agreement, but not at any price”. Additional comments: Equal conditions are a matter of fair competition. Stopping access to UK waters would cost extraordinary damage to the EU fishing fleet. We respect […]