Market Talk – Wednesday, March 25

The major Asian currency markets had a mixed day today:

  • AUDUSD decreased 0.00151 or -0.25% to 0.59579
  • NZDUSD decreased 0.00003 or -0.01% to 0.58297
  • USDJPY increased 0.1090 or 0.10% to 111.1800
  • USDCNY increased 0.0496 or 0.70% to 7.1204

Precious Metals:

  • Gold decreased 26.3 USD/t oz. or -1.61% to 1,610.70
  • Silver decreased 0.2705 USD/t. oz or -1.85% to 14.3410

Some economic news from last night:

New Zealand:

Exports (Feb) increased from 4.69B to 4.92B

Imports (Feb) decreased from 5.10B to 4.33B

Trade Balance (MoM) (Feb) increased from -414M to 594M

Trade Balance (YoY) (Feb) increased from -3,950M to -3,260M

Some economic news from today:


M3 Money Supply increased from 9.4% to 9.5%


Today, Spain surpassed China in the number of deaths due to Covid-19. Spain recorded 738 deaths in the past 24 hours, taking the death toll to 3,434, surpassing China’s 3,281.

London’s blue-chip index FTSE 100 rose two percent higher to 5,557by 4 pm GMT and closed at 5634 after US Treasury Secretary Steve Mnuchin announced a $2 trillion US coronavirus stimulus package.

Business groups and unions have called on ministers to provide urgent clarification over which companies will remain open during the coronavirus lockdown amid widespread confusion across Britain.

France’s Ministry of State for Digital Affairs and public investment bank Bpifrance has announced 4.3 billion USD support plan to support startups to counter their liquidity crisis. France has already announced a widespread economic support plan. French companies that are facing revenue issues can skip tax payments as well as rent and utility bills.

The major Europe stock markets had a green day today:

  • CAC 40 increased 189.60 points or 4.47% to 4,432.30
  • FTSE 100 increased 242.19 points, or 4.45% to 5,688.20
  • DAX 30 increased 173.69 points or 1.79% to 9,874.26

The major Europe currency markets had a mixed day today:

  • EURUSD increased 0.00667 or 0.62% to 1.08747
  • GBPUSD increased 0.00704 or 0.60% to 1.18604
  • USDCHF decreased 0.0023 or 0.23% to 0.9775

Some economic news from Europe today:


France Jobseekers Total decreased from 3,264.8K to 3,233.8K


German Business Expectations (Mar) decreased from 93.1 to 79.7

View single page >> |

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.