BOC’s Poloz, Canadian FinMin to speak at 1800 GMT, fiscal stimulus on the cards?

At the time when US House Speaker Pelosi delivers a statement on the coronavirus relief bill, the Bank of Canada (BOC) Governor Poloz and Canadian Finance Minister Morneau will also speak that is at 1800 GMT.

Markets are speculating that this could be regarding the fiscal stimulus that PM Trudeau earlier talked about.

Mar 13, 2020

USD/CHF climbs higher toward 0.9550, adds more than 200 pips for the week

After retreating 0.9500 area during the early trading hours of the American session, the USD/CHF pair gained traction and was last seen trading at 0.9

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Mar 13, 2020

Coronavirus update: Italy's death toll jumps to 1,266, Disney halts film production, Greece declares emergency

The death toll from coronavirus has hit 1,266 in Italy, up 250 people. Disney has announced that it is halting firm production, after closing its park

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