Make or Break
The upcoming week could be a make or break moment for global equities and the demand for safe-haven currencies.
Wall Street bulls seem to have already priced in all the dismal data and are growing confident that US has made it through the worst of new coronavirus cases. Another positive for the economy is that confidence improved in the functioning of key funding markets, alongside constant bond offering.
The may continue to weaken if coronavirus cases continue to plateau across big cities and on further progress with clinical trials that are showing positive results with the treatment of COVID-19 patients.
Key Economic Releases and Events:
Sunday, April 19th
|UK Time||Country||Relevance||Indicator Name||Period|
|23:45||New Zealand||High||CPI QQ||Q1|
|23:45||New Zealand||Medium||CPI YY||Q1|
Monday, April 20th
|00:50||Japan||High||Trade Balance Total Yen||Mar|
|09:30||Hong Kong||Low||Unemployment Rate||Mar|
Tuesday, April 21st