URR News and Press, Morgan Stanley ZC SP REDEEM 30/04/2020 USD 40 From 04/20/20

By Chris Turner, Global Head of Markets and Regional Head of Research , Francesco Pesole, FX Strategist and Petr Krpata, Chief EMEA FX and IR Strategist Thursday's virtual EU Council meeting will take centre stage this week. Eurobonds hardly look feasible but a new recovery...

While the world's largest economies are contracting like never before, central banks have acted quickly and boldly to stabilize the global capital markets. The stabilization has a clear directional bias: good for stocks, bad for the dollar. The major equity benchmarks rose for the second con...

The EUR/USD currency pair, which expresses the value of the euro in terms of the U.S. dollar, has been volatile over the past few weeks. Nevertheless, volatility has begun to settle down as the euro has begun to resume its long-term bearish trend. The chart below illustrates recent moves using...

About FXE The Invesco CurrencyShares Euro Trust ETF (FXE) is an exchange-traded fund incorporated in the USA, designed to track the price of the euro against the US dollar. The fund is rebalanced quarterly. Introduction Seven years ago, the new series of economic measures announced...

Overview Equity losses in the US appeared to drag most Asia-Pacific markets lower today, with China and India the notable exceptions. European bourses are higher, and the only energy sector is a drag on the Dow Jones Stoxx 600, which is around 1% higher in late morning turnover, while US sha...

The EUR/JPY currency pair, which expresses the value of the euro in terms of the Japanese yen, conventionally correlates positively with global risk sentiment. This relationship is easy to attribute to the Japanese yen, which itself is viewed traditionally as a safe haven by virtue of Japan's ...

By Chris Turner, Global Head of Markets and Regional Head of Research , Francesco Pesole, FX Strategist and Petr Krpata, Chief EMEA FX and IR Strategist Easter brought along more evidence that the USD has topped and therefore started the hunt for the best value for money in...

Macro News Global: The rally in equities we have observed in the past three weeks has caught many participants by surprise, including investment gurus such as Howard Marks or Jeffrey Gundlach. After falling by over 35 percent from peak to trough, the SP500 recovered a third of its Februa...

Overview: European financial centers remain closed for the extended holiday, helping to make for a quiet start to the week. The big economic news over the weekend was the confirmation of the OPEC+ deal. The price of crude opened higher in Asia, but ahead of the US open, May WTI is little cha...

Official actions have succeeded in stabilizing the capital markets, even as much of the world's economy remains locked down, and the hardships faced by households and businesses intensify. In the middle part of last month, the markets were as dysfunctional as they have ever been. Volatility ...