URR News and Press, Morgan Stanley ZC SP REDEEM 30/04/2020 USD 40 From 05/11/20

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 USD: Delicate exit from lockdown This week the DXY looks set to trade well within April’s range. Risk assets ha...

Overview: The new week begins slowly in the capital markets. Many markets in the Asia Pacific region, including Japan, Hong Kong, and Australia, gained over 1%, but European and US shares are heavier. Benchmarks off all three regions rallied by 3.4%-3.5% over the past two weeks. Bond markets...

It's a little complicated, but the latest legal drama taking place in Europe highlights a power struggle that could undermine the euro. More news on: Invesco CurrencyShares Euro Trust ETF, ProShares UltraShort Euro ETF, iPath EUR/USD Exchange Rate ETN, News on ETFs, Global news and forex, ...

The threat of the US not servicing its debt to China, the loss of 20.5 mln jobs last month, nor the prospect of negative interest rates have undermined the US dollar. It sat at the fulcrum between the currencies seen as beneficiaries of risk appetites, namely the dollar bloc and Scandis and ...

The EUR/NZD currency pair, which expresses the value of the euro in terms of the New Zealand dollar, has mixed characteristics which owe to the market's general and perhaps changing perceptions of the euro. As noted in a recent article of mine covering EUR/AUD, the euro broke out of its pr...

The sharp drop in euro area gross domestic product ((GDP)) in the first quarter and the likelihood of a much more dramatic plunge in the second quarter are consistent with our forecast that the euro area economy will contract by around 10% this year, with risks skewed towards a larger contra...

Overview: There is a sense of indecision in the air today. There have been several developments, but investors seem mostly reluctant to extend positions. China reported a surge in exports in April and an increase in the value of reserves. Australia reported a rise in exports in March. The Ba...

Overview The late sell-off in US stocks yesterday has not prevented gains in Asia and Europe. Most of the equity markets, including the re-opening of China, gained more than 1%. Australia was a notable exception, falling about 0.4%, and Taiwan was virtually flat. European bourses opened high...

In its first estimate since lockdowns were put into place, the European Commission said the EU will contract 7.5% in 2020 as the coronavirus pandemic brings the worst economic shock since the Great Depression in the 1930s. More news on: Invesco CurrencyShares Euro Trust ETF, ProShares Ultr...

Overview: The S&P 500 recovered yesterday after dipping trading below the 20-day moving average for the first time in a month. The key area is the gap between the April 30 low (~2892.5) and the May 1 high (~2869). Oil reversed higher as well. June crude was off nearly 9% in the US mornin...