ECB Unveils €750 Billion Emergency Stimulus

March 19, 2020

COVID-19 UPDATE Wednesday saw the number of confirmed cases top 200,000 as 20,014 new cases were confirmed worldwide. To highlight the contrasting turn of events, China – the epicentre of…

 

US Prepares $850 Billion Stimulus Package as Coronavirus Hits…

March 18, 2020

COVID-19 UPDATE Confirmed coronavirus infections are likely to pass the 200,000 mark on Wednesday following a surge on Tuesday which saw 14,676 confirmed cases globally; of these, only 21 were…

 

Bank of England Makes Emergency 50bps Rate Cut

March 11, 2020

COVID-19 UPDATE 4,896 new cases of COVID-19 were confirmed globally on Monday with only 19 of the cases being in China as the spread takes its toll on the rest…

 

Markets Roil as Oil Price War Takes Centre Stage

March 10, 2020

COVID-19 UPDATE Monday saw Italy put the entire country on lockdown as the total number of confirmed cases clocked over 9,000 with 463 deaths, only second to China. Containment efforts…

 

Lebanon Makes About Turn on Banks’ Asset Freeze as…

March 6, 2020

COVID-19 UPDATE Thursday saw 3,300 new cases of COVID-19 with only 139 of those recorded in China as the global spread accelerates. Cases in South Korea and Italy continued to…

 

Fed Surprises Markets with an Emergency 50bps Rate Cut

March 4, 2020

COVID-19 UPDATE The spread of the coronavirus outside appears to be continuing unabated with Tuesday figures highlighting the grimmest picture yet. Tuesday saw a 2,101 increase in the number of…

 

Markets Higher as Central Banks Hint Monetary Easing

March 3, 2020

COVID-19 UPDATE Monday saw the global number of infections top 90,000 as cases in South Korea and Italy surged past 4,800 and 2,000 respectively. 8 countries also recorded their first…

 

South Africa to Cut Support for State Companies in…

February 27, 2020

COVID-19 UPDATE The spread of COVID-19 outside China continued Wednesday with new confirmed cases in China falling below cases confirmed elsewhere for only the second day since the outbreak began;…

 

Global Rout in Stocks Continues Amid Unrelenting COVID-19 Spread

February 26, 2020

COVID-19 UPDATE Spain and Switzerland confirmed their first cases of infection on Tuesday as the COVID-19 continues to show up in new countries. The Swiss case involved a man who…

 

Markets Lower as COVID-19 Cases ex-China Surge

February 25, 2020

COVID-19 UPDATE Confirmed cases of coronavirus outside China have continued to rise following the surge over the weekend. Monday saw Italy record 77 more cases to have 229 infections and…