Beijing reported its second consecutive day of record numbers of virus cases and hospitalisations rose in some U.S. states, leading investors to reassess their assumption of a swift V-shaped recovery.
“Market are pricing a too-optimistic recovery, in my opinion, and there could be a reality check coming rather sooner than later”, he said. The retreats follows a global rally since late March, fuelled by central bank and fiscal stimulus and optimism about countries gradually lifting the lockdowns implemented to stop the spread of the novel coronavirus.
Brent crude futures fell 2.7%, to $37.69 a barrel. U.S. West Texas Intermediate crude futures were down 4.1%, to $34.78 a barrel.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
It is not a second wave, if it is a first wave interrupted only by government ordinances, limiting the movement of people. The initial rise in new cases did not lessen without government intervention.
Are they slowly pushing out Trump, or is the virus a legitimate fear... So much fake news...who to believe?
Quick let’s buy some negative government bonds 🤮
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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
Source: CNBC - 🏆 12. / 72 Read more »
Global Stocks Slide on Fears Over Fresh Virus OutbreaksStock futures and international indexes fell, as investors questioned whether fresh outbreaks of the new coronavirus could hold back global economic recovery. Which country did the virus originate from? American economy now separate from essentially third world economies Asia Africa South America and to a lesser extent Europe where leaders realising Trump correct to pull back from cheap Chinese goods “Could”! Jeebus H... WILL!! Ffs 🤦🏻♀️
Source: WSJ - 🏆 98. / 63 Read more »
Gold ticks lower, holds tight range as second virus wave fears weigh on stocksGold prices edged lower on Monday, trading in a narrow range, as fears of a second wave of coronavirus infections in Beijing cut investors' appetite for riskier assets. aliwanas_ mostafawanass Come'on technical correction. daddy needs to buy some moar
Source: Reuters - 🏆 2. / 97 Read more »