Market Overview - Page 369

The Bank of Russia on Friday cut its key interest rate by 50 basis points to 5.5% and left the door open to further reductions at future monetary policy meetings. The move comes as the spread of the coronavirus pandemic.

Futures on the SP500 add 1% before the start of the New York trading session after almost unchanged on Thursday. Positive dynamics are provided by optimism in connection with a new package of measures to support small and medium-sized business.

Global oil supplies may be 6% less than expected by 2030 because of delays to investments by energy companies in response to falling crude prices due to the coronavirus crisis, data from energy analysts at Rystad showed. Oil and gas.

At last, bitcoin was able to break above the price ceiling that was keeping it from pursuing a more significant bull run. The benchmark cryptocurrency jumped above $7,500 this Thursday in a surprising buying action that pushed the prices up.

The first person in Sadad Dakhare’s two-bedroom apartment in Oslo, Norway, to show symptoms was his 4-year-old niece. Next, his mother, his sister and he himself fell ill. Then, about a week after his niece became sick, Dakhare heard his.

Italian borrowing costs rose Friday morning as concerns grow over the country’s ability to deal with the economic shock from the pandemic. Italy is among the top three nations worldwide with the highest number of infections and deaths from Covid-19..

Rise in unemployment Many economists have warned that lockdown measures around the world will accelerate job losses — that’s already showing up in unemployment numbers in several economies. In the U.S., the world’s largest economy, more than 26 million jobs.

Russia has sought to distance itself from a dispute brewing between the U.S. and China over the origin of the coronavirus, saying it can’t support a U.S. investigation into the source of the virus. The comments to CNBC by Dmitry.

The world markets turned to decline at the end of the week, although US lawmakers approved a new $500 billion package, $300 billion of which intended for loans to small businesses. On the other hand, we heard the explanation of.

Bitcoin’s spot in the Chinese market has always been guaranteed, although the country’s government has always been quite antagonistic towards the digital currency. The trading of BTC and the majority of other digital currencies is still illegal in China. Regardless.

It took only five weeks for the U.S. economy to wipe out all the job gains it added over the last 11 years. Coronavirus-induced business closures throughout the U.S. have fueled the number of Americans applying for state unemployment benefits..

Market overview SP500 is up 1% at the start of the New York session after rising 2.3% on Wednesday. Positive dynamics are due to optimism around a new package of support for small and medium business and further growth in.