News Formal

FTSE attempts fightback after coronavirus market meltdown

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 67%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The FTSE 100 has started Tuesday with a fightback, following days of market turmoil due to coronavirus

Malaysian equities were down 5.4% as schools, universities and most businesses were ordered to be closed due to a spike in COVID-19 cases.

ING analysts said in a note:"The main worry seems to be the central banks running out of policy space needed to combat the impact of the virus.The US S&P 500 dropped 12% on Monday as whispers of a possible coronavirus-inspired recession grew stronger.Wells Fargo Securities predicts a recession for the US in the April-June quarter and Joel Prakken, chief US economist at IHS Markit, projects the economy will shrink at a 5.4% annualised rate during the quarter.

"It's a see-saw battle between the bulls and the bears," he added."I think right now the bulls are winning the upper hand. The key is that Hong Kong is dirt cheap."

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 35. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stocks plunge despite global central bank actionStocks plunge despite global central banks announcing co-ordinated effort to ease effects of coronavirus Let me know when it's time to buy 😬 Toilet rolls must be doing alright. People should treat the Corona Virus like sex. Take precautions but carry on 😂
출처: BBCNews - 🏆 3. / 97 더 많은 것을 읽으십시오 »