Last week, Japanese Prime Minister Shinzo Abe said that the government in Japan is working in various ways to avoid the trend to declare a state of emergency in the country again, in light of mounting concerns about the increasing number of Covid-19 cases in the country during the past …

The eurozone Sentix Investor Confidence gauge has risen from -18.2 to -13.4 points in August, beating expectations for -15.2 points as the old continent emerges from the COVID-19 crisis. The broad survey continues its uptrend from the lows seen in April when infections were at their peak. Nevertheless, it remains …

Open interest in Gold futures markets shrunk by almost 1.5K contracts according to preliminary figures from CME Group at the end of last week, reaching the third consecutive session with losses. On the other hand, volume reversed the previous drop and rose by around 97.3K contracts. Gold met resistance near …

FX option expiries for Aug 10 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1800 3.0bn – GBP/USD: GBP amounts         1.2900 353m  – USD/JPY: USD amounts          105.00 675m105.03 400m105.50 1.7bn107.05 400m – USD/CAD: USD amounts        

The yellow metal was dominant last week, as it recorded a rise of more than 3% or $ 61 to reach $ 2028 an ounce. The rise in gold came after increasing tensions between the United States and China besides the increase in Covid-19 cases, especially in the US. Oil …

The safe-haven dollar is rising across the board Amid Reports US to Sanction Hong Kong Leader Carrie Lam. The US administration is reportedly considering expanding its action against China, potentially sanctioning Hong Kong leader Carrie Lam. Bloomberg is reporting. Such a move would come after President Donald Trump signed an …

The US dollar index, which measures the greenback’s against a group of major currencies, remains on the buying bias unchanged around 93.00 on Friday, and the index retreated from its daily gains to 93.30 and drops to test the 93.00 area as it lacked momentum after the US NFP report. …

Net Change in Employment in Canada rose by 418,500, compared to analysts’ estimate of 400,000, in July and brought the Unemployment Rate down from 12.3% in June to 10.9% in July, Statistics Canada reported on Friday. Underlying details of the publication revealed that the Participation Rate improved from 63.8% to …

Nonfarm Payrolls (NFP) in the US rose by 1.8 million in July, the data published by the US Bureau of Labor Statistics showed on Friday. This reading beat the market expectation of 1.6 million by a small margin and followed June’s print of 4,791,000. Further details of the publication revealed …

laus Wohlrabe, Economist at Germany’s influential IFO institute, said on Friday, the industrial production is expected to increase in the coming three months. The German industrial sector is likely to continue to recover after the effects of the Covid-19 lockdowns. Wohlrabe noted: “The industrial sector is continuing to work its …