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Market Overview - Page 387


Trump signs $2 trillion coronavirus relief bill as the US tries to prevent economic devastation
Trump signs $2 trillion coronavirus relief bill as the US tries to prevent economic devastation

President Donald Trump signed a $2 trillion coronavirus relief bill on Friday, as Washington tries to blunt economic destruction from the pandemic ripping through the United States. The House earlier passed the stimulus package, believed to be the largest in.

FxPro Daily Insight for March 27
FxPro Daily Insight for March 27

Market overview US indices are losing 3.5% on Friday after 6.4% growth a day earlier. The market rebound due to injections of liquidity from the Central Bank and massive incentives stalls amid signals of a weakening economy. DXY loses the.

This is a rebound, not growth: the worst is yet to come
This is a rebound, not growth: the worst is yet to come

American indices rose by more than 6% at the end of trading on Thursday. On Friday, Asian indices supported the growth after some fluctuations. Expectations of government stimulus intensified investors’ purchases. $2.2 trillion from the U.S. government was complemented by.

False Bottom or Start of Something Big
False Bottom or Start of Something Big

In the stock market lately, only one thing is constant: speed. After falling into a bear market at the fastest rate ever, the S&P 500 just recorded its quickest three-day advance in nine decades. As absurd as it may seem,.

U.S. Records 18,000+ New Coronavirus Cases in Single Devastating Day
U.S. Records 18,000+ New Coronavirus Cases in Single Devastating Day

Coronavirus cases in the U.S. have accelerated so fast – jumping by 18,000 cases on Thursday – the nation has overtaken China to officially become the epicentre of the Covid-19 outbreak. The U.S. currently has 85,991 confirmed cases, according to.

Mini-bull, tired bear, or something in-between
Mini-bull, tired bear, or something in-between

Investors could be forgiven for doing a double-take: Wait, we’re back in a bull market? The Dow Jones Industrial Average’s surge of over 20% from its coronavirus-induced recent low this week, by one definition used on Wall Street, suggests a.

G20 leaders to inject $5 trillion into global economy in fight against coronavirus
G20 leaders to inject $5 trillion into global economy in fight against coronavirus

Leaders of the Group of 20 major economies pledged on Thursday to inject over $5 trillion into the global economy to limit job and income losses from the coronavirus and “do whatever it takes to overcome the pandemic.” Showing more.

US now has more coronavirus cases than either China or Italy
US now has more coronavirus cases than either China or Italy

The United States now has more confirmed coronavirus cases than Italy and China, making it the country with the largest outbreak in the world. The total number of cases in the U.S. reached 82,404 Thursday evening, eclipsing China’s 81,782 cases.

Xi calls for coordinated response to coronavirus at G-20 meeting
Xi calls for coordinated response to coronavirus at G-20 meeting

Chinese President Xi Jinping called on leaders from the Group of 20 nations for greater international coordination of macroeconomic policy to restore confidence in global growth in face of the impact of the coronavirus. Leaders from major world economies, including.

Dow jumps 1,100 points, heads for 3-day win streak as Wall Street shakes off record jobless claims
Dow jumps 1,100 points, heads for 3-day win streak as Wall Street shakes off record jobless claims

Stocks surged for a third straight day on Thursday as investors shrugged off the release of record-breaking initial jobless claims while the Senate passed a massive economic stimulus bill amid the coronavirus outbreak. The Dow Jones Industrial Average jumped more.

Coronavirus puts over 1 billion people in India on 21-day lockdown to combat spread
Coronavirus puts over 1 billion people in India on 21-day lockdown to combat spread

Streets in India normally bustling with people and traffic stayed empty Wednesday as the country of 1.3 billion people endured the first day of a national lockdown brought on by the coronavirus pandemic. Prime Minister Narendra Modi announced the new.

What the moves of Gold, Crude Oil and FX tell now
What the moves of Gold, Crude Oil and FX tell now

Global markets were very enthusiastic in their reaction to the approval of massive stimulus packages in the United States and Germany. The US indices climbed two consecutive days, which was the first time this month. German DAX, as well as.

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