Japanese stocks rose on Wednesday, September 2, after positive data for the manufacturing sector in the United States revived hopes that the global economic recovery from the Covid-19 pandemic remained on track. Nikkei closed up 0.47% to 23,247.15 points, while TOPIX index rose 0.47% to 1623.40 points. Stocks also received …

FX option expiries for Sept 2 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1875 929m  – USD/JPY: USD amounts          105.55 829m105.75 465m106.00 581m106.50 1.1bn – USD/CAD: USD amounts         1.3225 1.1bn – NZD/USD: NZD amounts 0.6750 211m

US Treasury Secretary Stephen Mnuchin said the economy desperately needs additional financial incentives to fully recover from the Covid-19 crisis, and Mnuchin added that parts of the economy still need additional support. Minuchin held Democrats in the House and Senate in Congress responsible for the failure of negotiations on a …

The IHS Markit’s Manufacturing Purchasing Managers’ Index (PMI) for the US improved from 50.9 in July to 53.1 in August to show that the economic activity in the manufacturing sector continued to expand at a robust pace. This reading came in slightly weaker than the previous estimate and the market …

The economic activity in Canada’s manufacturing sector expanded at a stronger pace in August than it did in July with the IHS Markit’s Manufacturing PMI rising to 55.1 from 50.4. This reading beat the market expectation of 50.4. “Latest data highlighted a strong upturn in the Canadian manufacturing industry, continuing …

The Nasdaq index, which is full in technology stocks, reached a record high at the open today, Tuesday, after Apple shares rose and following positive data for the manufacturing sector in China and Europe, which raised an atmosphere of optimism ahead of the US factory activity figures. The Nasdaq rose …

The unemployment rate has risen again in the Eurozone as the impact of the Coronavirus pandemic is still. Official figures put the unemployment rate in the region at 7.9% for July. This comes after the Eurozone recorded an unemployment rate of 7.7% in June. The numbers draw a worsening picture …

A survey showed that factory production in Britain compensated for some of the losses caused by the Covid-19 pandemic, as it rose in August at the fastest pace in more than six years. The IHS Market/CIBS Manufacturing Purchasing Managers’ Index rose to 55.2 in August from 53.3 in July, broadly …

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 …