Coronavirus fears led to a historic market drop in U.S. stocks,in their worst day shut borders and disrupted daily life around the world.
Category: Features
Although central banks taking drastic measures to restore confidence in markets and calm panicked investors, oil prices and stock markets continued to nose-dive.
Investors cheered efforts made by governments and policymakers to address the economic fallout from the coronavirus outbreak and global stock markets recovered.
The US Dollar weakened as Trump travel ban shocked global economy and fuelled demand for safe-haven currencies.
The Sterling recovered after Bank of England surprisingly cut interest rates, following other central banks around the world trying to limit the COVID economic damage so far.