Decision on Coronabonds Critical For EUR/USD Outlook

Source: IG Charts Fundamental Euro Forecast: Neutral Several EU countries hardest hit by Covid-19, including France, Italy and Spain, are calling for the issue of debt guaranteed by the Eurozone nations as a whole to raise funds to tackle the economic impact of the coronavirus pandemic. More fiscally–conservative nations, including Germany and the Netherlands, oppose the launch of these so-called

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Gold Prices May Fall on FOMC Minutes, Recession & Credit Risks

GOLD PRICE OUTLOOK: BEARISH Gold prices may suffer if FOMC minutes spark risk aversion, concerns about liquidity XAU/USD could face additional selling pressure if employment data sours sentiment Ballooning credit risks from distressed corporate debt markets may cap gold’s gains Gold Prices May Fall on FOMC Minutes Gold prices could suffer after the minutes from the Federal Reserve’s emergency meeting

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S&P 500 Price Sinks as Unemployment Spikes; VIX Index Drops?

S&P 500 PRICE OUTLOOK – STOCK MARKET RECOVERY STYMIED BY DISMAL JOBS REPORT, VIX INDEX DOWN BUT EXTREME FEAR LINGERS S&P 500 dropped by 2% this past week on the back of accelerating jobless claims and rising unemployment Investors overlooked recent FOMC liquidity and fiscal stimulus efforts as deepening coronavirus recession risk steered the stock market lower The VIX Index

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