Blog news - FX TRB

November 23, 2020

Oil Holds Gains Near 12-Week High on U.S. Vaccination Optimism

(Bloomberg) — Oil held gains near the highest level since early September in Asian trading as signs that Covid-19 vaccinations in the U.S. could be underway within three weeks improved...

November 20, 2020

UK will set up dozens of mass vaccination centres as soon as vaccines are available – the Telegraph

(Reuters) – Britain will set up dozens of mass vaccination centres to immunize people against coronavirus as soon as vaccines are available, the Telegraph reported. One of the first locations...

November 18, 2020

Euro zone economy likely already in double-dip recession – Reuters poll

By Richa Rebello BENGALURU (Reuters) – The euro zone is on track for its first double-dip recession in nearly a decade, according to a Reuters poll of economists which points...

November 17, 2020

Europe’s spending surge will not make debt unsustainable – ECB

FRANKFURT (Reuters) – A surge in public spending across Europe to contain a pandemic-induced recession will not make debt levels unsustainable, even if some euro zone members are sitting on...

November 12, 2020

UK tries to reassure business leaders over Brexit with new task force

By Andrew MacAskill LONDON (Reuters) – Britain will attempt to reassure nervous business leaders that it appreciates the need for clarity on rules outside of the European Union by setting...

November 10, 2020

Oil Rally Loses Shine as Virus Surge Offsets Vaccine Optimism

(Bloomberg) — Oil slipped in Asia amid increasing virus infections after surging on Monday following news of a potential vaccine breakthrough that offered grounds for optimism on long-term demand prospects....

November 6, 2020

Hard cash at SoftBank: Investors await CEO Son’s cashpile clues in second-quarter report

By Sam Nussey TOKYO (Reuters) – SoftBank Group Corp (T:9984) shareholders have an $80 billion (£61 billion) question for Chief Executive Masayoshi Son when he presents the Japanese tech investment...

November 5, 2020

Gold Slips as U.S. Presidential Vote Count Continues; Oil Gains

(Bloomberg) — Gold held losses while oil gained as tight races in key battleground states in the U.S. election left investors scrambling to parse the shifting odds in a fraught...

November 5, 2020

Oil slips on rising U.S. dollar on bets of no big fiscal package

By Sonali Paul MELBOURNE (Reuters) – U.S. oil prices fell in early trade on Thursday as the dollar strengthened on expectations the Republican Party would keep control of the Senate...