German Economy Minister Peter Altmaier said that the country’s gross domestic product will reach its level before the crisis of the Coronavirus outbreak in 2022, adding that he does not expect strict general isolation measures to be imposed in sectors such as retail or industry due to the pandemic.

A survey on Tuesday, September 1 showed that Eurozone manufacturing activity remained on a recovery path last month, but factory managers were wary of investment and employment as the coronavirus pandemic spreads. Industrial production, which had not experienced a sharp decline like the service sector during the pandemic, rose for …

The inflation rate in the euro area turned negatively last month for the first time since May 2016, increasing the chances of the European Central Bank pumping more stimulus for higher prices that had not reached the target set for more than seven years. The annual inflation rate in 19 …

The number of unemployed people in Germany decreased for the second month in a row in August, indicating that the job market in Europe’s largest economy is recovering after it was hit by the Coronavirus crisis. Data revealed. The Labor Office said the number of unemployed people adjusted for seasonal …

The Reserve Bank of Australia (RBA) kept the cash rate at a record low of 0.25%, a widely expected decision. The RBA first cut interest rates to their record low in March, with governor Philip Lowe saying the bank is unlikely to take rates any lower The Australian central bank …

Gold prices rose on Tuesday, September 1st, to their highest level in nearly two weeks, with the dollar retreating to its lowest level in several years amid betting that US interest rates will remain low for a longer period under the new US Federal Reserve policy framework. The gold spot …

European stocks opened higher on Tuesday, September 1 after recording slight gains in August, but sentiment was unstable ahead of important economic data likely to indicate an erratic recovery from the Coronavirus. The European Stoxx600 index rose 0.4% in early trade, supported by better-than-expected data for the industrial sector in …

According to the New York Mercantile Exchange, crude oil futures for October were traded at $42.95 a barrel, up 0.80%. It was previously traded at session high at $43.04 a barrel. Crude oil may find support at $42.36 and resistance at $43.57. The dollar index, which measures the performance of …

According to the COMEX, gold futures for December were traded $ 1993.60 per ounce, up 0.76%. It previously traded at a session high $ 1997.45 an ounce. Gold may find points of support at $ 1914.70 and resistance at $ 1997.45. The dollar index, which measures the performance of the …

FX option expiries for Sept 1 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1895 571m1.1900 569m1.1950 981m1.2000 834m – GBP/USD: GBP amounts         1.3310 280m – USD/JPY: USD amounts          105.00 1.1bn105.50 600m106.00 846m106.60 511m106.75 460m