Stocks rally on virus vaccine hopes, dollar gains | Malay Mail

Traders work at the New York Stock Exchange February 5, 2020. — Reuters pic

A total of 24,363 cases have been confirmed in China, including 490 deaths. The World Health Organisation said there are “no known proven effective therapeutics” against the virus. Yousef Abbasi, global market strategist at INTL FCStone Financial Inc in New York, said risk assets got a lift from stimulus efforts by China’s central bank and US Federal Reserve operations in the repo market.

Investors are hungry for risk again after markets reeled from US-Iran tensions and the coronavirus outbreak, said Valentin Marinov, head of G10 FX Strategy at Credit Agricole CIB Global Markets in London. In Europe, the pan-regional STOXX 600 index rose 1.23 per cent and emerging market stocks rose 0.51 per cent.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

AirAsia stocks appreciate after disposal of shares by EPF | Malay MailKUALA LUMPUR, Feb 5 — Shares of AirAsia Group Bhd (AAGB) and its sister company AirAsia X Bhd appreciates in active trading following recent downtrend amid news report alleging the low-cost airline took US$50 million (RM205.7 million) bribes from aircraft manufacturer Airbus. The upswing in their...
Herkunft: malaymail - 🏆 1. / 86 Weiterlesen »

Young M’sians show business savvy with new products at IPITEX 2020 Thailand | Malay MailBANGKOK, Feb 5 — Noticing his father getting exhausted by having to keep his eyes on the road at all times during a family vacation, L. Prahveenraaj decided to come up with an invention to reduce drowsiness during long-distance driving. He said nodding off at the wheel while driving puts the...
Herkunft: malaymail - 🏆 1. / 86 Weiterlesen »