Investors expect new forecasts from the IMF about the global economy, which is expected to change for the worse due to the impact of the worldwide quarantine aimed at containing the spread of the pandemic COVID-19. U.S. statistics on initial jobless claims for the week were a key report that will be the focus of investors' attention this week and beyond. The US Retail Sales figures for March should show a slowdown as expected by analysts. The speeches of Fed officials will also be a very important factor. Here is the main...
Japanese Bank Lending including Trusts for March increased by 2.0% annualized and Japanese Bank Lending excluding Trusts increased by 2.2% annualized. Forex traders can compare this to Japanese Bank Lending including Trusts for February, which increased by 2.1% annualized and to Japanese Bank Lending excluding Trusts, which increased by 2.2% annualized. The Japanese Domestic Corporate Goods Price Index for March decreased by 0.9% monthly and by 0.4% annualized. Economists predicted a decrease of 0.6% and 0.1%. Forex traders can compare this...
Pfizer has found a leading experimental candidate against SARS-CoV-2 and plans to test it in the coming months. This was stated in an interview with The Wall Street Journal, published by Pfizer's Head of Research and Development Mikael Dolsten. He told WSJ that early research has shown that his candidate is blocking a new virus that causes replication of COVID-19, hoping that he can slow or stop the virus from spreading in patients with mild to moderate symptoms. Work is at a very early stage, but Big Pharma is planning to start...
Last week marked the year since the collapse of the world's largest chemical conglomerate DowDuPont. In the hope that each of the three new plants - DuPont (NYSE: DD) Dow (NYSE: DOW) and Corteva (NYSE: CTVA) - will work more efficiently on its own, the collapse could not have occurred at a worse time. Given the 50% drop in DuPont compared to the previous year, now would be a good time to determine whether DuPont is a good investment idea. The fall in commodity prices, from oil and natural gas to more efficient raw materials for DuPont...
The Canadian Employment Report for March is predicted to show the loss of 500.0K jobs and an Unemployment Rate of 7.4%. Forex traders can compare this to the Canadian Employment Report for February, which showed the addition of 30.3K jobs and an Unemployment Rate of 5.6%. Hourly Earnings for Permanent Employees for March are predicted to increase by 4.4% annualized. Forex traders can compare this to Hourly Earnings for Permanent Employees for February, which increased by 4.3% annualized. The Participation Rate for March is predicted at 65.0...