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6 May 2020

UK officials outline a three-stage plan for easing lockdown – The Times

In an exclusive piece published by the UK Times, Steven Swinford, Deputy Political Editor, noted that the UK officials outlined a three-stage plan for easing the lockdown restrictions.

Key details

Phase 1: Small shops and outdoor workplaces reopen

Phase 2: Larger shops, shopping centers reopen

Phase 3: Pubs, hotels, restaurants, bars, leisure facilities last to reopen

Chancellor Rishi Sunak is preparing to “wean” businesses and workers off the government’s furloughing scheme by cutting wage subsidies amid concerns that the nation has become “addicted”.

 

May 6, 2020

New Zealand: Labour market provided surprises in both directions – Westpac

The March quarter surveys provided a mixed picture of the strength of the labour market, ahead of the impact of the Covid-19 outbreak, per Westpac Ins
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May 6, 2020

USD/CAD on the defensive below mid-1.4000s, downside remains limited

The USD/CAD pair remained depressed through the early European session and was last seen trading near the lower end of its daily trading range, below
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