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US Economic Data - Economic data or fear of the virus?
EUR/USD is pressured toward 1.1750 extending its correction despite upbeat eurozone PMIs. The US ISM Manufacturing PMI is awaited, while uncertainty about fiscal stimulus is in play. GBP/USD has ...
US real yields hit minus 1% as economic outlook darkens
The real yields on 10-year Treasuries — which strip out expected consumer price-changes from nominal bond yields — slid as low as minus 1.005 per cent on Friday, down from minus 0.979 per cent on ...
Opinion: Jeremy Peat: It is unrealistic to expect a sharp economic recovery from crisis
THERE are fleeting indications of a watery sun peeping through the dark economic clouds. Data for the UK and for Scotland point to a modicum of recovery in the third quarter of 2020, albeit from the ...
U.S. Treasury yields move higher as investors monitor economic data, auctions
The number of coronavirus cases continues to rise worldwide, with the World Health Organization reporting that the 24 hours through to Friday marked the largest ever single-day increase of new ...
Will official data show that the US recovery has stalled?
The problem for investors relying on those government figures is that much of the data was drawn from early- or mid-June, just as cases began to surge in states such as Florida, California, Arizona ...