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Market Overview - Page 378


Weak economic data worsened market sentiment
Weak economic data worsened market sentiment.

World stock indices showed on Wednesday that they could not hold the peaks near monthly highs. The published macroeconomic data does not allow investors to return to purchases despite the large-scale stimulus and expectations of upcoming easing of restrictive measures..

U.S. retail sales, factory output sink as economy reels from coronavirus
U.S. retail sales, factory output sink as economy reels from coronavirus.

U.S. retail sales suffered a record drop in March and output at factories declined by the most since 1946, buttressing analysts’ views that the economy contracted in the first quarter at its sharpest pace in decades as extraordinary measures to.

Half of the world has asked the IMF for a bailout, chief says
Half of the world has asked the IMF for a bailout, chief says.

The global economic downturn has been so severe that already half of the world has asked the International Monetary Fund for a bailout, the organization’s chief said Wednesday. “This is an emergency like no other. It is not because of.

FxPro Daily Insight for April 15
FxPro Daily Insight for April 15.

Market overview S&P500 start trading on Wednesday with a 2.4% decline after touching 5-week highs overnight. VIX Volatility Index has risen sharply. DAX loses 3.4%, CAC40 stepped down 3.0%, and FTSE100 decreases by 2.9%. The dollar is growing steadily against.

US election 2020: Bernie Sanders endorses ex-rival Joe Biden for president
US election 2020: Bernie Sanders endorses ex-rival Joe Biden for president.

Senator Sanders pulled out of the contest to be the Democratic Party’s nominee last week, leaving Mr Biden as the only remaining candidate. In a live split-screen webcast, former vice-president Mr Biden thanked his former rival for the endorsement. Senator.

Bitcoin at Risk as IMF Warns of Worst Downturn in 90 years
Bitcoin at Risk as IMF Warns of Worst Downturn in 90 years.

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,.

Coronavirus seen knocking U.S. retail sales in March
Coronavirus seen knocking U.S. retail sales in March.

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..

Coronavirus crisis will erase nearly a decade of oil demand growth this year, IEA says
Coronavirus crisis will erase nearly a decade of oil demand growth this year, IEA says.

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.

Coronavirus live updates: Germany could extend lockdown to May 3; Russia sees another jump in cases
Coronavirus live updates: Germany could extend lockdown to May 3; Russia sees another jump in cases.

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.

Is Dollar dropping positive for markets?
Is Dollar dropping positive for markets?.

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’s economy is in trouble as experts worry it could become a new coronavirus hotspot
Turkey’s economy is in trouble as experts worry it could become a new coronavirus hotspot.

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.

93% of the fund managers are expecting a recession in the next 12 months
93% of the fund managers are expecting a recession in the next 12 months.

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.

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