Positive: 'Britain will outline its plans to ease the coronavirus lockdown this week, health minister Matt Hancock said on Sunday, potentially relaxing the two-metre rule on social distancing, allowing many businesses to reopen in early July.' Something to look forward to. Also: Chancellor of the Exchequer (Fin Min) Sunak expected to announce an emergency cut to VAT - Source TradeTheNews.com. Brexit breakthrough ahead as negotiators edge toward deal on easier extradition? Mmmmm(..)
Negative: New cases development covid in the USA dont look good at all seeing latest figures from Saturady. This will be the main thing to focus again for direction. Risk off likely continuing when covid cases published later today just as bad. Looks like a negative opening for stockindex futures allready.
Daily chart picture looking bleak just breaking this TL from March south. Might well long way to go south when risk off accalerates. Dont know any States considering tightening messures again to fight covid; would be big blow. Some ingredients for a bit of a bouce as well when risk improving for some reason.
Looking forward European session tomorrow!
Negative: New cases development covid in the USA dont look good at all seeing latest figures from Saturady. This will be the main thing to focus again for direction. Risk off likely continuing when covid cases published later today just as bad. Looks like a negative opening for stockindex futures allready.
Daily chart picture looking bleak just breaking this TL from March south. Might well long way to go south when risk off accalerates. Dont know any States considering tightening messures again to fight covid; would be big blow. Some ingredients for a bit of a bouce as well when risk improving for some reason.
Looking forward European session tomorrow!
Life is great!!
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