Business Secretary Alok Sharma's speech on Wednesday was optimist. He stated that the number of infections has reduced and the R rate is under control. Lockdown easing was highlighted with allowing car showrooms and outdoor markets to open by June 1, retail outlets to operate from June 15th by following COVID-secure guidelines. Alok Sharma speech [...]
On Friday news conference Trump did not bear a new Tariff for China and this became s a Major relief For Global Markets. At his speech, the US President said that the US would withdraw from the WHO and that the special status enjoyed by Hong Kong is to be reversed as all tariffs and [...]
Consumer price index (which shows the cost of living) for the month of April in the UK is about to be released by Wednesday early. The inflation numbers will be the catalysts for the pair GBP/USD as it considers the survey period that includes the lockdown of the virus period. CPI inflation is expected to [...]
