Market Overview - Page 388

Oil prices rose around 4% on Tuesday on hopes that the United States will soon reach a deal on a $2 trillion coronavirus aid package that could blunt the economic impact of the outbreak and in turn support oil demand..

Stocks in Asia jumped on Tuesday as authorities ramped up stimulus measures to combat the economic impact of the global coronavirus outbreak. Japan’s Nikkei 225 was among the region’s major markets that the saw the largest increase. It surged 7.13%.

World markets are facing a simple but serious problem: There just aren’t enough dollars to execute trades and transactions. That explains why the trade-weighted dollar index, gained more than 4% last week. The broad dollar index measures the value of.

An early look at Chinese business conditions in March shows little indication the economy has recovered much from the shock of the coronavirus in the first two months of the year, according to the China Beige Book. The firm conducts.

The Federal Reserve said Monday it will launch a barrage of programs aimed at helping markets function more efficiently amid the coronavirus crisis. Among the initiatives is a commitment to continue its asset purchasing program “in the amounts needed to.

Confirmed infections of the rapidly spreading coronavirus surpassed 350,000 worldwide on Monday and global deaths rose past 15,000, as COVID-19 spreads across Europe and North America. COVID-19 has now infected more than 350,536 people, according to Johns Hopkins University, and.

Germany is about to unveil new measures to mitigate the economic impact of the coronavirus, in what analysts are describing as a “game changer” for a country that’s the leader of fiscal prudency. The fiscal stimulus comes at a time.

Widening curbs on travel to contain the spread of the coronavirus led airlines to ramp up flight cancellations on Monday, with new restrictions spanning Australia, New Zealand, the United Arab Emirates (UAE), Hong Kong, Singapore and Taiwan. Globally the number.

Brent crude prices extended falls on Monday with demand sliding as travel and industrial activity contracted across the globe in a bid to stem the spread of coronavirus. Brent crude futures had fallen $1.54, or 5.7%, to $25.44 a barrel.

A report published by research firm CB Insights has found that equity funding has dramatically overtaken initial coin offerings (ICOs) as the dominant means of finance in the blockchain space. While the largely unregulated ICO boom of 2018 raised $7.8.

The U.S. stock market is set to drop by around 4% on the day’s open, as Dow futures indicate a 720-point drop. It comes after the World Health Organization (WHO)’s unexpectedly warning the coronavirus has the ability to survive in.

Already being ravaged by the worst infestation of desert locusts in 70 years, East African economies are now staring down the barrel of the coronavirus pandemic. The region was the standout performer for economic growth in the subcontinent prior to.