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17 Mar 2020

Moody’s 2020 forecasts no growth in Japan and Singapore, slower growth in China

Key quotes

Revised 2020 forecasts highlight no growth in Japan and Singapore, slower growth in China, and contractions in Hong Kong.

Risks for APAC firmly tilted to the downside, including from much weaker European and American economies than currently assumed.

Forecast of 4.8% growth for China assumes slow resumption of economic activity and weak export demand.

Mar 17, 2020

USD/CHF Price Analysis: Below 100-bar SMA inside weekly rising channel

In addition to the current risk-reset, USD/CHF takes clues from the technical indicators while rising 0.26% to 0.9493 amid the initial trading session
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Mar 17, 2020

USD/MXN Price Analysis: Mexican Peso sees an oversold bounce

The Mexican Peso (MXN) is showing signs of life at press time, having dropped to record lows on Monday. The local currency is currently trading at 22.
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