France Markit Manufacturing PMI in line with forecasts (31.5) in April

May 4, 2020

USD/JPY: Biased lower with strong support at 106.50 – OCBC

Analysts at OCBC Bank are biased for the USD/JPY pair to go lower, but see some strong support at 106.50. Key quotes “On both technicals and short-ter

US: Deep recession – Standard Chartered

Economists at Standard Chartered Bank lower the 2020 US GDP forecast to -5.4% (previously -2.8%) and expect Q2-2020 GDP to contract by 49% q/q SAAR, a