A "no-deal" Brexit could be three times more costly to Britain's economy in the long term than the coronavirus outbreak, a new study published Tuesday warned.the political and economic effects of the pandemic were likely to mitigate or hide that of failing to secure a trade agreement with the EU. 📌 But in the short term, the lack of a new formal trading...
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📌 Natural Gas Key points Fundamentally, the weather is not expected to be a big help this week, but traders are likely to be more interested in liquefied natural gas anyway. At this time, the demand picture is unclear, which could be bearish for the November futures contract, but at some time in the near future, the outlook for increased demand could provide...
AUDUSD Key Points The Focus will be on the Australian Dollar this week with the Reserve Bank of Australia (RBA) expected to make a major decision on its cash rate. Additionally, the government will release its Annual Budget. As of Friday’s close, market consensus was evenly split on whether the RBA will adjust the cash rate in October or November. A 50/50...
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The world is in shock after President Donald Trump tweeted that he tested positive for coronavirus. Stocks markets fell, and gold finally broke free of the correlation with equities and advanced above $1,900. The bombshell development continues grabbing the headlines and casts questions about fiscal stimulus, the elections, and other topics. As investors...
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