Investors are cheering fresh hopes for an upcoming coronavirus vaccine and upbeat Chinese PMIs. Eurozone CPI figures and end-of-month flows are set to move markets. Stephen Hahn, head of the US Food and Drug Administration, said he is willing to fast-track vaccine approval if benefits outweigh the risks. China has approved the Sinovac COVID-19 vaccine […]
The dollar fell to new lows against the euro, sterling, the Australian dollar, and the Swedish krona last week. However, it was a head fake and the greenback quickly returned to its previous ranges. The combination of the July FOMC minutes that dampened expectations for new initiatives, such as yield curve control or an increase […]
The market mood is mixed as a new week begins as coronavirus cases continue rising in the US while hopes for a COVID-19 vaccine remain high. Hopes for a breakthrough in the EU Summit are keeping the euro bid. Below are thumbnail sketches of the events and data that shape the macro picture. Country US […]
