Author: JobBroker

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USD/CNH: Risk now shifted to the downside – UOB

USD/CNH: Risk now shifted to the downside – UOB

USD/CNH now risks further pullbacks, although a strong support emerges at 6.4400, comment FX Strategists at UOB Group. Key Quotes 24-hour view: “T [...]
AUD/USD to target the end of February high at 0.8007 above 0.7849 – Commerzbank

AUD/USD to target the end of February high at 0.8007 above 0.7849 – Commerzbank

AUD/USD stays bid above trendline support at 0.7665. Once the 0.7849 mid-March high is cleared, the aussie is set to test the end of February high at [...]
John Laing shares rally after receiving takeover interest

John Laing shares rally after receiving takeover interest

Shares in infrastructure investment company John Laing Group (LON:JLG) soared higher on Thursday afternoon after the company confirmed it is in discu [...]
Bank of England slows bond-buying, sees economy bouncing back more quickly

Bank of England slows bond-buying, sees economy bouncing back more quickly

The Bank of England slowed the pace of its trillion dollar stimulus program and forecast a faster recovery for Britain from the coronavirus slump on T [...]
Vaccine IP Waiver, Jobless Claims, Central Banks – What’s Moving Markets

Vaccine IP Waiver, Jobless Claims, Central Banks – What’s Moving Markets

Vaccine makers are under pressure again as the EU says it's willing to talk about a waiver for intellectual property protection to speed up the global [...]
China suspends economic dialogue with Australia as relations curdle

China suspends economic dialogue with Australia as relations curdle

BEIJING/SYDNEY (Reuters) -China "indefinitely" suspended on Thursday all activity under a China-Australia Strategic Economic Dialogue, its state econo [...]
UK diners return as more restaurants reopen

UK diners return as more restaurants reopen

British restaurants saw more diners on May 1 than the week before as hospitality businesses in Scotland, Wales and Northern Ireland partly reopened a [...]
UK service sector grows at fastest pace since 2013 in April – PMI

UK service sector grows at fastest pace since 2013 in April – PMI

Britain's services sector recorded its fastest growth in more than seven years last month as hospitality businesses and retailers began to reopen to t [...]
UK construction reports biggest rise in workload since 2016

UK construction reports biggest rise in workload since 2016

Britain's construction sector is seeing the biggest increase in its workload in five years, led by strong demand for housing and the resumption of oth [...]

Air France-KLM falls further into red as European recovery lags

Air France-KLM sales are showing little sign so far of the travel recovery it still hopes to see by summer, the airline group said on Thursday, as it [...]
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