Brexit uncertainty kept the Pound within the same range – GBP/USD Market Outlook – 20/10/2020
Positive Brexit headlines earlier yesterday pushed the pound to the 1.3010/20 [...]
Trading news
Italy to support weaker banks
Italy
Italy's government may need to support the weaker banks via injecting capital directly, in an attempt to boost their financial strength, as per a governmental source today.
Italy may support weaker banks while Russia remains stable after the Brexit
Russia
Elvira Nabiullina, Russia's central bank governor, said today that the Brexit would have a minor impact on the economy.
Japan
Japan's housing starts climbed from 9.0% to 9.8% and did not match the economists' estimations for a drop to 4.8%.
Germany
Germany's retail sales escalated from -0.3% to 0.9%. The economists expected the indicator to appreciate 0.7%.
Switzerland
The Swiss KOF economic barometer rose from 101.8 to 102.4. The analysts estimated the figure to drop to 102.8.
Turkey
The Turkish trade balance dropped from -4.21 to -5.05B. The analysts and the economists predicted the TTB to fall -5.10B.
Read More
Thursday, 30 Jun, 2016 / 11:40
Source : https://www.argusfx.com/en/research-education/market-analysis/news/italy-to-support-weaker-banks
Trading news
DOW fell ahead of stimulus bill deadline – DOW JONES Market Outlook – 20/10/2020
The Dow hit our support target at 28750 only to end yesterday’s session [...]
Cautious optimism as US stimulus and Brexit talks hang in the balance
Pelosi sets new deadline for reaching fiscal stimulus deal; US [...]
