Global shares and oil prices extended their rebound on Tuesday as policymakers i...
TOKYO - Global shares and oil prices extended their rebound on Tuesday as policymakers indicated their willingness to move to ease the economic fallout from the coronavirus, while investors waited for a conference call by Group of Seven heads for trading cues.
“Policymakers globally are talking about supporting the economy. So short-term players, including myself, are closing positions for now ahead of the G7 call,” said Masaru Ishibashi, joint general manager of trading at Sumitomo Mitsui Bank. Money markets are fully pricing in a cut of at least 0.25 percentage point to the current 1.50%-1.75% target rate at the Fed’s March 17-18 meeting as well as a 0.10 percentage point cut to the ECB’s key rate at March 12 meeting.
In the United States, six people in the Seattle area have died of the illness caused by the coronavirus, as authorities across the country scrambled to prepare for more infections.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
G7 to take 'concerted action' to limit coronavirus growth hit: FranceG7 countries will take 'concerted action' to limit the impact of the c...
Les mer »
Closing The Entrepreneurial Gender Gap Could Increase The Global Economy By $5 TrillionThere's real, tangible data suggesting closing the entrepreneurial gender gap for good would have a beneficial impact for all
Les mer »
Global Stocks Gain on Stimulus HopesStocks world-wide rallied, following U.S. markets higher on hopes that interest-rate cuts and government action will be able to cushion the impact of the novel coronavirus epidemic.
Les mer »
Global shares extend rebound on policy action hopesGlobal shares and oil prices extended their rebound on Tuesday on mounting specu...
Les mer »
Coronavirus news and live updates: Global death toll tops 3,000 - CNNThe 19 firefighters who showed symptoms of “having a serious exposure to a confirmed COVID-19 patient” in King County, Washington, have been moved to isolation, according to Doug Stern, president of the International Association of Fire Fighters
Les mer »
World Health Organization chief: Global markets need to stop panicking over coronavirusThe World Health Organization’s director general, Dr. Tedros Adhanom Ghebreyesus, said the world needs to “go into the numbers, we need to go into the facts,...
Les mer »