With the markets still buzzing over the deep Fed rate cut, the investors’ focus lies with the united front to fight against the global recession due to COVID19 pandemic.
Category: Weekly Report
A busy economic week with rate decisions, OPEC and nonfarm payrolls comes amid the midst of the Coronavirus and investors await to price the COVID-19 impact on numbers.
The coronavirus outbreak prompts some asset prices to move together in odd ways, a sign that investors may get prepared for a global slowdown.
Financial markets worry about the new threat to the global economy as the fast-spreading coronavirus shakes up the global economy.
Virus uncertainty concerns over the global economic impact of the coronavirus outbreak weigh on sentiment. Yet the impact on global demand is just starting to be felt.