Markets braced for Liberation Day

Beating expectations…Chinese factories rebound in March according to official PMI data. In energy news, oil prices have rallied from 18-year lows after Russia and the U.S. agree to hold talks as Saudi...

31 Mars 202023min

Longer lockdown? President Trump abandons his predictions that the U.S. will be open for business by Easter and extends restrictions until 30th April. German Finance Minister Olaf Scholz says the ESM ...

30 Mars 202025min

The U.S. overtakes China and Italy reporting the world’s highest number of Covid-19 cases. New York is the epicentre and there are warnings the health system there is fraying. The dollar heads toward ...

27 Mars 202040min

Stimulus Plans. The mammoth U.S. Coronavirus stimulus bill is passed as President Trump voices hope that large parts of the economy could be ready to reopen by Easter. The Dow posts a second day of ga...

26 Mars 202024min

Done deal…the White House and U.S. Senate finally agree on a massive $2tn stimulus package to mitigate the medical and economic fallout of the Coronavirus outbreak. The rescue agreement – the largest ...

25 Mars 202025min

Weeks, not months… President Trump promises to re-open the U.S. economy for business soon, however Congress blocks his stimulus package bill for a second time, weighing on Wall Street. Democratic and ...

24 Mars 202026min

Stocks stumble on a stimulus snag … U.S. futures drop, briefly hitting limit down, after major indices recorded their worst week since the 2008 financial crisis. Part of President Trump’s $2tn stimulu...

23 Mars 202026min

Coronavirus counter-measures...Pressure on stocks ease slightly as central banks take more action. The U.S. Federal Reserve extended its swap lines to another nine central banks in a bid to mitigate t...

20 Mars 202028min