European Morning Wrap

Thailand reports first locally transmitted coronavirus case since late May Thailand sees its first locally transmitted case after 100 days The new case was confirmed to be an inmate of a prison in Bangkok, shortly after the incarceration took place. The patient's history showed that he had stayed with his family before being lodged in jail, raising fears that there is a wider spread of the... Read full article Spanish labour minister says furlough scheme to be extended for 'as long as necessary' Comments by Spanish labour minister, Yolanda Díaz The scheme is due to end on 30 September but there have been hints that they will extend it for longer, with previous reports suggesting that it may be until the end of the year.... Read full article Heads up: BOE governor Andrew Bailey scheduled to speak later in the day But he will be delivering a speech about cryptocurrencies... Read full article Eurozone July retail sales -1.3% vs +1.0% m/m expected Latest data released by Eurostat - 3 September 2020 Looking at the details, clothing and shoes sales led the drop with a double-digit decline while food sales were flat on the month. Non-food sales fell by 2.9% in July.... Read full article UK August final services PMI 58.8 vs 60.1 prelim Latest data released by Markit/CIPS - 3 September 2020 here However, job losses are seen accelerating and that is a real cause for concern especially with the government's furlough program set to run its course in October.... Read full article Read The Full Feed Latest Forex Orders FX option expiries for Thursday, September 3 at the 10am NY cut EUR/USD  1.1830 513m  EUR amount USD/JPY  105.55 513m USD amount 107.00 505m For bank trade ideas, check out eFX Plus   All Forex Orders Cryptocurrency Technical Analysis Education Economic Calendar Forex Brokers Are you subscribed to our events? Join now and get informed Subscribe Connect with us on your favorite social network

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