White House economic advisor Kudlow: Heavy borrowing is necessary to fight coronavirus pandemic - CNBC

Market news

13 August 2020

White House economic advisor Kudlow: Heavy borrowing is necessary to fight coronavirus pandemic - CNBC

We are not near the limits of the borrowing power of U.S.
This is the time to borrow with 10-year yields down at 0.6%
Negotiations on coronavirus aid are at a stalemate
I wouldn't mind a small, interim stimulus package
Jobless claims are a good sign
Things are trending in the right direction
Different sectors are showing significant recoveries

RBNZ: Stance expected to remain accommodative - UOB

EUR/JPY: Bear trend removed with ease, next meaningful resistance at 127.52/72 - Credit Suisse

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