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News
US to test experimental coronavirus vaccines in 100,000 people or more – Reuters
The United States is planning to test "half a dozen or so" of the most promising potential coronavirus vaccines with 100,000 to 150,000 volunteers, Re | 22/05/2020 19:01
The United States is planning to test "half a dozen or so" of the most promising potential coronavirus vaccines with 100,000 to 150,000 volunteers, Reuters reported on Friday, citing scientists familiar with the matter.
The Oxford vaccine may be tested side by side with Moderna's vaccine starting in July, US health officials told Reuters. "Vaccines from J&J, Sanofi and Merck may be added this summer as they complete phase I safety studies."
Market reaction
This headline helped market sentiment improve during the American session. As of writing, the Nasdaq Composite was up 0.3% on the day while the S&P 500 was unchanged at 2,949 points.
Popular News
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G7 finance ministers to hold a conference call about coronavirus discussions on Wednesday
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AUD/USD Price Analysis: Further corrective downside likely amid bearish technical set up
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USD/ZAR Price Analysis: Bears cheer break of short-term support line to attack 17.00
USD/ZAR prints three-day losing streak while declining to 17.10, the lowest since March 19, during the early Wednesday. The pair broke an ascending tr | 03/06/2020 04:24
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USD/JPY consolidates around mid-108s after a sharp 40-pips drop
USD/JPY is consolidating a sharp correction from two-month highs of 108.85, as the bears lick wounds around the midpoint of the 108 handle. The spot, | 03/06/2020 03:56
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Australian Treasurer Frydenberg: Health measures to contain coronavirus have come at considerable cost
Australian Treasurer Josh Frydenberg is out on the wires now, via Reuters, expressing his take on the country’s Q1 growth report. Key quotes “Health m | 03/06/2020 02:31
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WTI Price Analysis: Aims to fill the early-March gap above $41.00
WTI gains over 2.0% while taking the bids near $37.77 during the early Wednesday. In doing so, the black gold crosses the March 11 top of $36.64 while | 03/06/2020 03:19
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NZD/USD Price Analysis: Buying spree towards 0.6450 pauses despite upbeat China data
NZD/USD recedes from the March month top to 0.6415 but remains 0.77% up on a day, even after China’s Caixin Services PMI rose in May. The data publish | 03/06/2020 02:54
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China Caixin Services PMI for May bunces back to growth, highest since late 2010 55.0 vs 44.4 in April
(Reuters) - China's services sector returned to growth last month for the first time since January as the economy recovers from strict coronavirus-ind | 03/06/2020 01:47
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China Caixin Services PMI above expectations (50.3) in May: Actual (55)
China Caixin Services PMI above expectations (50.3) in May: Actual (55) | 03/06/2020 01:47
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BOJ to double financial aid for small businesses hit by coronavirus pandemic – Jiji
The Japanese media outlet, Jiji Press, reported on Wednesday, the Bank of Japan (BOJ) is considering doubling its financial aid to the small businesse | 03/06/2020 01:44
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AUD/USD drops 25+ pips, eases from five-month top, after Australia’s Q1 GDP
AUD/USD declines to 0.6950, still up 0.90% on a day, after Australia’s Q1 GDP matched -0.3% forecasts on early Wednesday. In doing so, the Aussie pair | 03/06/2020 01:37
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Australia Building Permits (YoY) increased to 5.7% in April from previous 0.2%
Australia Building Permits (YoY) increased to 5.7% in April from previous 0.2% | 03/06/2020 01:34
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Aussie GDP Q1 contracts 0.3% QoQ, as expected
After the RBA left rates unchanged at record lows, monetary policy to remain accommodative, today's data has just arrived in the form of Gross Domesti | 03/06/2020 01:31
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Australia Gross Domestic Product (QoQ) in line with expectations (-0.3%) in 1Q
Australia Gross Domestic Product (QoQ) in line with expectations (-0.3%) in 1Q | 03/06/2020 01:30
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Australia Gross Domestic Product (YoY) meets expectations (1.4%) in 1Q
Australia Gross Domestic Product (YoY) meets expectations (1.4%) in 1Q | 03/06/2020 01:30
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Australia Building Permits (MoM) came in at -1.8%, above expectations (-15%) in April
Australia Building Permits (MoM) came in at -1.8%, above expectations (-15%) in April | 03/06/2020 01:30
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PBOC sets the Yuan reference rate 7.1074 on Wednesday
On Wednesday, the People’s Bank of China (PBOC) set the Yuan midpoint rate at 7.1074 vs. Monday’s 7.1167. The Chinese central bank skipped the Open M | 03/06/2020 02:26
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USD/CAD Price Analysis: Drops to fill the 13-week-old gap below 1.3500
USD/CAD stands on a slippery ground while declining to 1.3480, down 0.26% on a day, during the Asian session on Wednesday. While declining to the lowe | 03/06/2020 02:16
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RBA's Bullock speech: Nothing on MP, says COVID-19 has accelerated shift from cash to electronic payments
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Gold Price Analysis: XAU/USD extends losses below $1,730 amid broad risk-on sentiment
Gold prices drop to $1,725.96, down 0.12% on a day, amid the Asian session on Wednesday. Recent market optimism seems to have weighed on the precious | 03/06/2020 02:03
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EUR/USD Price Analysis: Buyers probe three-week-old resistance line near 1.1200
EUR/USD rises to 1.1197, up 0.25% on a day, amid the Asian session on Wednesday. That said, the pair trades near the highest levels since March 16, wh | 03/06/2020 01:48
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Hong Kong SAR Nikkei Manufacturing PMI below expectations (45.6) in May: Actual (43.9)
Hong Kong SAR Nikkei Manufacturing PMI below expectations (45.6) in May: Actual (43.9) | 03/06/2020 00:33
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When is the Aussie Q1 GDP release and how could it affect the AUD/USD?
Global markets are now gearing up for Australia’s first-quarter (Q1) Gross Domestic Product (GDP) figures, up for publishing at 01:30 GMT on Wednesday | 03/06/2020 01:33
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Japan Jibun Bank Services PMI: 26.5 (May) vs 21.5
Japan Jibun Bank Services PMI: 26.5 (May) vs 21.5 | 03/06/2020 00:32
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Will Hainan’s free trade port replace HK?– Global Times
The Global Times is out with a piece that notes how China on Monday unveiled a "megaproject to build its largest-yet special economic zone in South Ch | 03/06/2020 01:25
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AUD/USD: Bulls keep the reins above 0.6900 ahead of Aussie Q1 GDP
AUD/USD rises to 0.6915, intraday high of 0.6923, amid the recently high risk-on mood in the market during Wednesday’s Asian session. In doing so, the | 03/06/2020 00:12
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Nissan: UK factory still under threat from no-deal Brexit – BBC
The BBC reports that the UK's largest car manufacturing plant is "unsustainable" if the UK leaves the European Union without a trade deal, owner Nissa | 03/06/2020 00:50
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GBP/USD Price Analysis: Refreshes five-week high above 1.2550, eyes 200-day SMA
GBP/USD takes the bids to an intraday high of 1.2581 during the early Asian session on Wednesday. In doing so, the Cable surges to the highest since A | 02/06/2020 23:49
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Trump administration putting trust in global oil producers ahead of OPEC+ meet – Reuters
Reuters reports that the Trump administration "believes ahead of an expected OPEC+ meeting this week that major oil producers such as Saudi Arabia and | 03/06/2020 00:32
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NZD/USD awaits fresh catalysts around three-month top beyond 0.6350
NZD/USD retraces from 0.6374, highest since March, to 0.6365 by the press time of early Asian session on Wednesday. While the kiwi pair’s earlier run- | 03/06/2020 00:29
