Market Overview - Page 372

The U.K.’s Prime Minister Boris Johnson said there would be no quick lifting of restrictions in the country, as he made his first public statement since returning to work after recovering from a coronavirus infection. “We are passing through the.

As international oil companies (IOCs) grapple with a historic plunge in crude prices, a rise in piracy is also poised to threaten supply chains. The first quarter of 2020 saw a spike in piracy around the world, with 47 attacks.

Asian indices start a new week with growth, encouraged by further policy easing from the Bank of Japan. The Nikkei 225 index adds 1.5%, returning to this month’s high. It happened on the background of announcements that the country’s central.

The global economy has taken a massive hit as countries around the world implement strict lockdown and social distancing policies. The International Money Fund expects the global economy to contract by 3% in 2020 as the pandemic shuts down economic.

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.