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…

 

IMF Declares Argentina Debt Unsustainable Paving Way for Creditor…

February 20, 2020

COVID-19 UPDATE South Korea reported its first death from the coronavirus on Thursday bringing to five, the number of countries ex-China that have recorded fatalities from the virus. The number…

 

Sajid Javid Resigns as UK Chancellor after Power Struggle…

February 14, 2020

UNITED STATES US Stocks were hurt after the sharp increase of corona virus cases on Wednesday in China. The Dow Jones Industrial Average was down 0.43% while the Nasdaq Composite…

 

Lebanon Parliament Passes Vote of Confidence in New Government

February 12, 2020

UNITED STATES The S&P and the NASDAQ inked out fresh records in Tuesday’s session closing 0.17% and 0.11% higher respectively as investor optimism grew with signs of slowing in the…

 

Turkey Markets Roil as Idlib Conflict Escalates

February 11, 2020

UNITED STATES US stocks started the week on a high with stocks notching records as investors focused on solid Q4 earnings. Restaurants Brands International, parent company of Burger King and…

 

Russia Signals More Easing Following Sixth Straight Rate Cut

February 10, 2020

UNITED STATES A stellar jobs report on Friday was not enough to swing US stocks to the upside on Friday although stocks recorded gains for the week. The US economy…

 

Slump in German Production Returns Fears of Continued Eurozone…

February 7, 2020

UNITED STATES The tariff reduction on $75 billion of US goods by China buoyed Wall Street on Thursday to close at fresh records. The 50% reductions, effective February 14, are…

 

Eurozone Services Start 2020 on a Solid Note

February 6, 2020

UNITED STATES US stocks closed in the green for a third straight day as the Wall Street rebound continued amid indications that the economic impact of the coronavirus could be…

 

Bank of England Holds Rates but Lowers Growth Forecast

January 31, 2020

UNITED STATES US stocks rebounded from the slide earlier in the trading session on Thursday to close higher as investors looked past coronavirus scares. The World Health Organisation declared the…