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17 Mar 2020

UK to unveil significant financial package to help firms tomorrow

Reuters reports that the British Finance Minister Rishi Sunak is expected to unveil a "significant financial package" on Tuesday for firms hit by the coronavirus outbreak, a Daily Mail reporter tweeted on Monday.

"Sunak is expected to unveil the package at a press conference alongside UK Prime Minister Boris Johnson, the tweet said, citing sources."

key notes

UK finance minister to attend Tuesday's coronavirus press conference alongside PM Johnson - Daily Mail reporter tweeted.
UK finance minister to unveil 'significant financial package' on Tuesday to help firms hit by coronavirus outbreak - Daily Mail reporter tweeted.

FX implications

GBP/USD sinks to 1.22 as COVID-19 deaths jump in last 24-hours

Mar 17, 2020

WTI Price Analysis: On the back foot below $30.00 inside bearish channel

WTI takes rounds to $29.50 amid the Asian session on Tuesday. The energy benchmark remains under pressure below $30.00 while staying inside a four-day

When are the RBA minutes and how might they affect AUD/USD?

Early Tuesday morning, at 00:30 GMT, the Reserve Bank of Australia (RBA) will release the minutes statement of the latest monetary policy meeting held