Asia stocks as IMF warns of unprecedented crisis; regional geopolitical tensions watched

Futures pointed to a lower open for Japanese stocks, with the Nikkei futures contract in Chicago at 22,405 while its counterpart in Osaka was at 22,310. That compared against theMeanwhile, shares in Australia were set for a positive start. The SPI futures contract was at 5,974, as compared to theOn the economic data front, Japan's trade data for May is set to be released at 7:50 a.m. HK/SIN.

IMF Chief Economist Gita Gopinath said in a Tuesday blog post that "the forthcoming June World Economic Outlook Update is expected to show negative growth rates even worse than previously estimated." The fund also said the current crisis, which it dubbed the Great Lockdown, is "unlike anything the world has seen before."

Authorities have imposed lockdown measures to curb the spread of the coronavirus pandemic, leaving most economies essentially frozen. While many countries have begun to ease these measures, it has proven challenging given the looming threat of a potential resurgence in Covid-19 cases. Meanwhile, trial results announced Tuesday showed dexamethasone — a widely available drug — can help critically ill coronavirus patients. The treatment reportedly reduced Covid-19. Globally, more than 8 million people have been infected by the virus while at least 438,171 lives have been taken, according to data compiled by Johns Hopkins University.

Investors will likely also continue to watch for developments on the geopolitical front regionally, as tensions escalate along the Korean peninsula after

Can I get a job to proofread your tweets?

Asia stocks what? Do you guys have a proofreader?

Asia stocks WHAT?!?!? You missed a word. Please correct immediately or look foolish for eternity

correct the tweet

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Japan up nearly 3% as Asia stocks jump following overnight Wall Street comebackShares in Asia jumped in Tuesday morning trade following a dramatic bounce back overnight on Wall Street. How about a report on the in-depth ramifications of the United States Central Bank (NOT a Federal entity) now purchasing ownership of American companies through direct equity purchases? No? Okay. Let’s gooooooooo!!! 🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂
La source: CNBC - 🏆 12. / 72 Lire la suite »

Asia stocks set to slip as virus fears resurface; China's industrial production data aheadStocks in Asia were set to decline at the open on Monday as fears resurface over the coronavirus pandemic. So Re: realDonaldTrump MUST WATCH THIS DIRECT PATIENT CARE NURSE EXPOSING NEW YORK CITY HOSPITAL COVID19 CORONAVIRUS SCANDAL WE NEED TO LEARN FROM THIS TO OPEN UP THE NATION AGAIN WITHOUT WAITING FOR VACCINE CDCDirector CDCgov WhiteHouse foxnewsalert Quarter one has been a complete washout. The financial results are coming out slowly. The markets are going to crash big time. Expect 40% down from today's level by the first week of July /Last week of June
La source: CNBC - 🏆 12. / 72 Lire la suite »