Market Overview - Page 373

Russia’s handling of the coronavirus epidemic is coming under increasing scrutiny and could potentially damage the credibility and legitimacy of President Vladimir Putin and the Kremlin, experts say. “I think it is becoming increasingly clear that Russian authorities underestimated the.

European governments struggling with the fallout from the Covid-19 pandemic are hardening their positions toward China as suspicions grow over the level of transparency in the coronavirus’s country of origin. French President Emmanuel Macron accused Beijing of not being upfront.

Market overview Futures for S&P500 added 2.5% on Friday after Index increase 0.6% on Thursday. The growth momentum for stocks gave the US quarantine relief plan. The VIX volatility index fell back below 40. DAX is up 3.4%, CAC40 +.

Screenshots of a purported pilot version of a wallet app for China’s forthcoming digital yuan are circulating on social media. Ling Zhang, executive director of M&A, Global Fiat, at cryptocurrency exchange Binance first shared the images on April 14, later.

Bitcoin is often described as gold 2.0; a superior system of storing and transferring value. It has seen a rapid increase in market capitalization since its introduction in 2009, with strong custodial, exchange, and futures infrastructure. Yet, one cryptocurrency analyst.

“I’m 51 and healthy, but I don’t want to get on the subway,” said John Donohue, a Brooklyn-based artist who bought a bike two weeks ago. Donohue, who doesn’t own a car, says he’s not sure when he’ll be comfortable.

The economic meltdown brought on by the coronavirus pandemic has governments deploying historically vast fiscal spending packages to support millions of their citizens and businesses. This spending is necessary to support economies — officials agree on that much. But the.

China reported Friday that its first-quarter GDP contracted by 6.8% in 2020 from a year ago as the world’s second-largest economy took a huge hit from the coronavirus outbreak, data from the National Bureau of Statistics of China showed. The.

Saudi Arabian oil exports to the U.S. more than doubled from February to March as oil prices crashed and American shale producers reeled over demand destruction from the coronavirus pandemic, data from analytics firm TankerTrackers.com shows. Saudi crude shipments to.

Markets are taking Trump’s plans to bring the U.S. economy back to life from the positive side. These announcements, as well as the easing measures in Germany, Italy and China before that, are a kind of light at the end.

Oil prices slid, with U.S. crude on track for its lowest close since 2002, after OPEC lowered its global oil demand forecast due to the plunge in demand delivered by the coronavirus outbreak. Oil has been under pressure all week.

It took only four weeks for the U.S. economy to wipe out nearly all the job gains in the last 11 years. The coronavirus and the forced closure of business throughout the country again fueled the number of Americans applying.