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French President Macron declares economic emergency

President Emmanuel Macron addressed the Nation on Yellow Vests protest, declaring an economic state of emergency. Macron tried to pour some cold water on protests by announcing a special year-end bonus that will be exempted of taxes, an increase of €100 for minimum wage and also a tax exemption on extra-hours. He also announced the partial cancellation of the social tax hike, in a last-ditch effort to soothe public anger. EUR takes notice, extending its daily decline against most rivals. 

EUR/GBP consolidates important gains, head for the highest close since August

The EUR/GBP pair rose sharply for the second-day in-a-row, accumulating a gain of more than 150 pips. Today the pair peaked at 0.9086 and then pulled
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WTI losing tracton on strong dollar and outlook for demand for resources worsening

Oil futures were higher on Friday, by almost 2% across the board, and as much as 4% at one point, with OPEC announcing that it will reduce overall pro
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