Market Overview - Page 375

The International Monetary Fund (IMF) has published a stark prediction that the unprecedented global economic slowdown triggered by ‘the great lockdown’ will get much worse before it gets better. With Bitcoin (BTC) experiencing a record correlation with the traditional markets,.

U.S. retail sales likely suffered a record drop in March as mandatory business closures to control the spread of the novel coronavirus outbreak depressed demand for a range of goods, setting up consumer spending for its worst decline in decades..

The International Energy Agency (IEA) said Wednesday that it expects the coronavirus crisis to erase almost a decade of oil demand growth in 2020, with countries around the world effectively having to shut down in response to the pandemic. A.

Global cases: More than 1.97 million Global deaths: At least 125,678 Most cases reported: United States (602,989), Spain (172,541), Italy (162,488), France (131,361), Germany (131,359) Germany will extend restrictions on movement introduced last month to slow the spread of the.

The American currency declined this month across a wide range of markets, and this is good news. The dollar index is almost 5% below its peak on March 20. However, this retreat of the American currency should not be associated.

Turkey is on shaky ground and its currency depreciating as controversial monetary moves and fast-rising coronavirus cases threaten to plunge an already fragile economy into much more danger. The country of 82 million is one of the few in Europe.

The Dow Jones Industrial Average continued to climb on Tuesday as investors cheered a potential reopening of the U.S. economy and earnings season kicked off. But mounting evidence that this rally is premature suggests the stock market could be in.

The global economy will this year likely suffer the worst financial crisis since the Great Depression, the International Monetary Fund said Tuesday, as governments worldwide grapple with the Covid-19 pandemic. The Washington-based organization now expects the global economy to contract.

Market overview Futures for S&P500 adding 1.2% after 1% decline on Monday. DAX is up 1.1%, CAC40 is up 0.5%, and FTSE100 is down 0.8%. In the FX market, the normal level of volatility is restored. DXY has been trending.

Writing from the United States Penitentiary Tucson, Ross Ulbricht sees Bitcoin (BTC) getting closer to the bears as a possibility for 2020. Posting to his personal Medium account on April 12, the Silk Road founder wrote the recent volatility of.

Gold extended a rally to hit the highest level in more than seven years on concern that the coronavirus pandemic will have a devastating effect on the global economy, hammering corporate earnings while supercharging demand for havens. Bullion has soared.

European equities rose after the Easter holiday weekend, extending their gains to 20% from the March low, amid optimism that the spread of new coronavirus infections in many major countries is slowing and as investors assessed earnings reports. The Stoxx.