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Instacart plans nationwide strike Many workers are off work right now but many are also worried about being forced to work in conditions they don’t think are safe. As the virus travels and stories of people dying circulate, more people are unwilling to risk their health or their families health on the job. Others are
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Latest data released by Istat – 27 March 2020 Prior 111.4; revised to 110.9 Manufacturing confidence 89.5 vs 88.0 expected Prior 100.6; revised to 98.8 Economic sentiment 81.7 Prior 99.8; revised to 97.8 ForexLive That’s a sharp drop in consumer morale and economic confidence also takes a massive dent, with the latter falling to its
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A note via ING forecasting lower for USD/JPY, to 105 in three months  (1) Japan’s GPIF probably will not pour money into overseas bonds when $/JPY is above 110 (2) the rally to 112 was largely down to USD funding strains, which should reverse into April (3) Japan’s large current account surplus will see JPY
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
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Latest data released by Markit – 24 March 2020 Prior 52.6 Manufacturing PMI 44.8 vs 39.0 expected Prior 49.2 Composite PMI 31.4 vs 38.8 expected Prior 51.6 ForexLive Much like the French and German readings earlier, the plunge largely stems from the services and composite prints. In this case, both are at record lows since
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
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The risk-off mood stays the course to start the European morning Eurostoxx -2.4% Germany DAX -4.7% France CAC 40 -3.2% UK FTSE -2.0% Spain IBEX -3.5% ForexLive The sour mood here carries over from Asian trading as we saw Chinese indices close by over 3% lower with the Hang Seng posting losses of nearly 5%
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In a weird way, it is a good thing that stocks and bonds are moving in tandem One of the characteristics of the market implosion over the past two weeks is that we saw a toxic combo of equities and bonds both selling off together. The ‘sell everything’ mood among investors created a bit of
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