GOVERNMENT OF UK DISMISSES HOST SPECULATION OF UEFA EURO 2020

Highlights:

• The government of the United Kingdom has cancelled the host speculation of the UEFA Euro 2020
• The UEFA is still considering that, the Euro 2020 will be a 12 city plan

On Friday, the government of the United Kingdom has di...

UNITED KINGDOM CAN POROPOSE TO HOST ENTIRE EURO 2020 TOURNAMENT

Highlights:

• The United Kingdom can possibly propose to host the entire Euro 2020 tournament
• The government of the United Kingdom is hoping that, the fans are going to be able to return to the stadiums by the end of the month of May 2021

HUAWEI IS SET TO BUILD ITS FIRST MANUFACTURING PLANT IN FRANCE, EUROPE

Highlights –

• Huawei is set to build its first manufacturing plant in France, Europe.
• An investment of 200 million euros will be made to build the manufacturing plant.
• The telephone company aims to produce one billion euros worth of mo...

POSSIBLE DECLINE PREDICTED IN DUTCH ECONOMY THIS YEAR

Highlights –

• COVID-19 has brought down the Dutch economy this year.
• Amsterdam is usually the euro zone’s fifth-largest economy.
• Its economy may shrink by 6.4% this year.
• Unemployment is set to increase to 7% by the en...

AS A RESULT OF LOW EURO ZONE BUSINESS ACTIVITY, EUROPEAN MARKETS FALL

Highlights

• Markets start low as Investors continue assessing upcoming economic decisions related to coronavirus impact

• Impact of March PMI on the market 

Friday morning saw European markets taking a lower start once again due to impact of global co...

STERLING SLUMPS AGAIN

Highlights:

• The pound remained above $1.30.
• Sterling fell 0.3% against the euro and settled at 83.28 pence.
• The interest rates remained unchanged at 0.75% last month.

On Monday, the pound has experienced a slump. It gave b...

WORLDWIDE VIEW ON BONDS

Highlights

• Fear about virus spread to other countries
• Japanese bonds gained
• U.S Yields fell
• Eurozone bonds gained

Standard 10-year JGB futures increase at 0.26 points to 152.59, climbing to their highest since e...

YEN SURGE YUAN SLUMP WITH THE THREAT OF VIRUS

Highlights:

• Yen is up by 0.3 percent and settles at 109.57.
• Yuan fell to a two-week low.
• The death count from the virus has gone up by 17.

On Thursday, the Japanese currency Yen has surged whereas China’s Yuan has slumped to a two-we...

Euro zone bonds fall after U.S Airstrike in Iran

Government bond yields across the euro area fell after a U.S. air strike killed a top Iranian commander. This action had an impact in the form of a shadow war in the Middle East between Iran and the United States and its allies.

Germany’s 10-year secured Bund yields fell to two-we...

Portugal qualify for Euro 2020

Portugal on Sunday qualified for the Euro 2020 against their match with Luxembourg as they thrashed the hosts 2-0 in their bid to qualify for the Euro 2020. Their captain Cristiano Ronaldo scored his 99th goal for the national team in their dual goal set up with Bruno Fernandes being the other sc...