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French FinMin Le Maire: A full lockdown to cost economy around EUR15B a month

“A full lockdown would cost the French economy around EUR 15 billion a month,” the country’s Finance Minister Bruno Le Maire said on Monday.

Additional quotes

New covid lockdown can only be the last possible resort.

State will give assistance to shopping centres regarding rental payments.

Curfew measures cost six bln euros a month.

Market reaction

EUR/USD is little affected by the retail-trade frenzy and US stimulus optimism, gyrating around 1.2125 so far this Monday.

AUD/USD gains bearish traction, eyes on the 0.7590 support level

The AUD/USD pair fell to a fresh 2020 low of 0.7591 last week, ending it with modest losses below the 0.7700 level. Bears could take their chances in
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Netherlands, The Markit Manufacturing PMI rose from previous 58.2 to 58.8 in January

Netherlands, The Markit Manufacturing PMI rose from previous 58.2 to 58.8 in January
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