US Pres. Trump: Economy is roaring back and will not be shut down

Early Friday, US President Donald Trump poured cold water on expectations of another shutdown of activities in America. The speculations gained attention after Texas Governor Greg Abbott halted economic restart the previous day.

The upbeat tweet...

FX implications

Amid a lack of fresh directives and off in China, S&P 500 Futures cheered the Republican leader’s upbeat tweet while rising from 3,71 to 3,075, up 0.15% on a day. Though, major moves stay compressed amid fears of the coronavirus (COVID-19) wave 2.0.