: Asian markets rebounded on Monday while the rally in European markets fizzled out as investors bet that world governments and central banks would announce stimulus packages to support a global economy impacted by the coronavirus.
A rally on European markets fizzled out mid-morning on Monday with London's FTSE 100 up 0.42% mid-morning on Monday, while the Euro Stoxx 50 was down 0.42%. The Bank of Japan’s governor Haruhiko Kuroda said the central bank would “strive to provide ample liquidity and ensure stability in financial markets through appropriate market operations and asset purchases.”
But HOW can the market ALREADY REBOUND on a 'bet' made by Central Banks when NO ONE...NOT EVEN MEDICAL OFFICIALS fully know the ramifications of this virus? 🤷🏽♂️ WOW🤦🏽♂️IT REALLY BOGGLES MY MIND to know there are egotistical people who deem themselves 'experts,' but act as rookies!
Premature
No other choice
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Global stocks rebound as investors bet central banks will act over the coronavirusStock futures have plummeted — a sign that the markets may be in for another rough week as fears about the novel coronavirus outbreak continue to mount. powietrze uchodzi z balona? This headline is a straight lie. Futures indicate a 500 point gain today. as an effect precedes its cause
Source: CNN - 🏆 4. / 95 Read more »
Stocks Strengthen Even as Treasury Rally Breaks New GroundThe rally in U.S. government bonds broke fresh ground, with the yield on benchmark 10-year debt briefly falling close to 1% after a week of plunging stocks and escalating bets on interest-rate cuts. Ded kat spingen! ('Dead cat bounce' in jibberish German) Thank god for currency manipulation, I mean stimulus.
Source: WSJ - 🏆 98. / 63 Read more »
OECD slashes 2020 global growth outlook on coronavirus fears - Business InsiderThe coronavirus outbreak is the biggest threat to the global economy since the financial crisis and could halve growth in 2020, OECD warns and there's a looming recession. Best COVID19 PSA Governments should support people who are sick with payments to stay at home and not spreading the virus.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Just two blue chip European stocks gained last week, for very different reasonsThe Stoxx Europe 600 lost almost 12% last week to post its worst five-day run since the financial crisis in 2008. However, two of the 600 companies listed on the European blue chip benchmark emerged in the black. Groupe SEB and NMC Health... Both are health stocks and Corona is right at the corner. Cheers
Source: CNBC - 🏆 12. / 72 Read more »