coronavirus pandemic

euro currency

The destruction of the euro

  The Eurozone is bust. The deterioration of TARGET2 imbalances have been hardly noticed, but in recent months it has been alarming. Despite official denials over the years that ... Read More
asian markets

Most of the emerging Asian markets currencies dipped against the dollar

Thai shares bounced from earlier losses on Thursday after the government lifted emergency measures aimed at ending months-long protests against Prime Minister Prayuth Chan-ocha and the monarchy. Uncertainty over ... Read More
stock exchanges

European stocks are breaking from the overnight trend in Asia; The biggest movers

European markets advanced on Friday morning, looking to bounce back from steep losses in the previous session, with the rapid spread of coronavirus through the continent remaining on investors’ ... Read More

The dollar clung to familiar ranges on Monday

The dollar clung to familiar ranges on Monday as financial markets awaited news on the health of U.S. President Donald Trump, who last week tested positive for the coronavirus, ... Read More
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EU expecting COVID-19 dent in 2020 VAT collections

The European Commission has published its latest VAT gap report, which show that EU countries lost an estimated EUR140bn (USD165.7bn) in VAT revenues in 2018, down EUR1bn in nominal ... Read More
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European stocks opened in negative territory Wednesday; U.S. stock futures declined

European stocks opened in negative territory Wednesday as investors react to the U.S. presidential debate, and gauge the investment landscape amid the coronavirus crisis. The pan-European Stoxx 600 slipped ... Read More
emerging currencies osb

The emerging market currencies to back when ‘the dust settles’; Goldman Sachs

Goldman Sachs has marked out the Mexican peso as its top emerging market (EM) currency pick “once the dust settles” from the coronavirus pandemic. In a note Thursday, Goldman ... Read More
U.S. dollar and euro banknotes are seen in this picture illustration

Euro to US Dollar (EUR/USD) exchange rate steady as Eurozone faces increasing uncertainty

The Euro (EUR) struggled to gain against the ‘Greenback’ today despite a relatively strong German IFO Business Climate survey for September, which rose from 92.6 to 93.4. However, with ... Read More
european stocks

European stocks retreated Thursday

European stocks retreated Thursday as investors’ hopes for economic recovery following the coronavirus pandemic falter amid a second wave of cases. The pan-European Stoxx 600 fell 0.9% by mid-morning, ... Read More

Asian shares mixed as worries percolate over pandemic; Euro to Dollar weakened

Markets were mixed in Asia on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook. Stocks slipped in Japan and Hong ... Read More
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