Fed program and Opec meeting ensure momentum
DT he decision of the Federal Reserve to support the domestic economy hit hard by the crisis with additional emergency aid worth $ 2.3 trillion has caused a rather quiet (pre-) holiday trade on Maundy Thursday. The new package of measures primarily serves to support municipalities and small to medium-sized companies. On the one hand, […]
27,000 jobs are lost in the US due to coronavirus emergency, according to an ADP survey
Posted at 11:12 ET (15:12 GMT) Wednesday, April 1, 2020 Playing Posted at 12:02 ET (16:02 GMT) Wednesday, April 1, 2020 1:34 Posted at 10:15 ET (14:15 GMT) Wednesday, April 1, 2020 0:59 Posted at 10:14 ET (14:14 GMT) Wednesday, April 1, 2020 5:57 Posted at 10:09 ET (14:09 GMT) Wednesday, April 1, 2020 2:21 […]
Fighting the crisis: stock market benefits from relief efforts
The German share index Dax closed – supported by rescue measures from international politics – in positive territory. However, the rapid catch-up from the previous day did not continue. .
Politics have a duty in the fight against Corona
AThe second stage of the crisis has broken out in the financial markets. In the first stage, announcements by central banks and governments to support the economy and the stock exchanges were generally received positively, but described as too halfhearted. In the second stage, such announcements are evidence of helplessness or panic. The American central […]
The implications of the Dow index entering a bear market
Posted at 20:45 ET (00:45 GMT) Wednesday, March 11, 2020 Playing 9:43 Posted at 01:59 ET (05:59 GMT) Thursday, March 12, 2020 1:42 Posted at 00:15 ET (04:15 GMT) Thursday, March 12, 2020 2:08 Posted at 00:04 ET (04:04 GMT) Thursday, March 12, 2020 3:17 Posted at 23:42 ET (03:42 GMT) Wednesday, March 11, 2020 […]
Stock Roller Coaster Follows: Dow Drops 1,000 Points
(CNN) – US stocks opened in red on Wednesday, after Tuesday’s rally, as concerns about the outbreak of coronavirus they reappear. The Dow opened 700 points, or 2.9%, lower.The S&P 500 started 2.6% lower.The Nasdaq compound fell 2.5%. Later more fell: US stocks sold most mid-morning, with the Dow plummeting more than 1,000 points. The […]
No further ECB rate cuts
Dhe financial markets firmly assume that the European Central Bank will further reduce the already negative deposit rates due to concerns about the economic consequences of the corona virus. This expectation can be derived from the forward rates for short-term interest rates. Such a step would be counterproductive, it would in no way strengthen the […]
Indonesia prepares further measures to stabilize markets, stop tax payments in the presence of virus risks – Business
Indonesia is preparing measures similar to those taken during the 2008 global financial crisis, including the repurchase of government bonds and the shutdown of income taxes, to restore confidence in the financial markets and mitigate the economic impacts of COVID- 19. Financial authorities will oversee the bond market to follow its core value, Finance Minister […]
After a historic fall, the stock exchanges are trying to regain their senses
The “black Monday” on the world stock markets was followed this morning by a rebound focused on the most penalized stocks in recent days. After historic drops of around 8% yesterday, European stock markets are rebounding this morning, as were Asian markets last night. About an hour after opening, the major indices of the Old […]
The Dow has the biggest drop in points in history and its worst day since 2008
Why do global actions plummet? (CNN) – The Dow index had its worst point drop amid fears over the spread of coronavirus and the crash of oil prices. The index closed with a drop of 2,014 points, or 7.8%. It was his worst day since October 2008. The index drop was higher than that of […]