On Monday, the U.S. stock futures started surging as Wall Street was getting ready for a strong rally from the previous week as one of the largest economy in the world, the US, has extended measures to flatten the curve of the impact of the coronavirus outbreak. As reported by CNBC, Dow Jones Industrial Average…
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Stocks in Asia Pacific started encountering considerable amount of declines on Monday as fears over the Coronavirus outbreak impacting the global markets continue to affect investor sentiments. In India, the Nifty 50 plunged 12.98% to close at 7,610.25 while the BSE Sensex ended its trading day by tumbling down 13.15% at 25,981.24. The said two…
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Stocks in Asia Pacific started encountering considerable amount of declines on Monday as fears over the Coronavirus outbreak impacting the global markets continue to affect investor sentiments. In India, the Nifty 50 plunged 12.98% to close at 7,610.25 while the BSE Sensex ended its trading day by tumbling down 13.15% at 25,981.24. The said two…
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The U.S. stock futures and several Asian shares started having a disadvantageous time during trade on Wednesday as a result of the coronavirus pandemic eclipsed and worries revolving around the outbreak. The virus, which is originating from China, has overshadowed the hopes that broad policy support would combat the economic fallout of the outbreak. On…
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The U.S. stock futures and several Asian shares started having a disadvantageous time during trade on Wednesday as a result of the coronavirus pandemic eclipsed and worries revolving around the outbreak. The virus, which is originating from China, has overshadowed the hopes that broad policy support would combat the economic fallout of the outbreak. On…
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Oil started tumbling down when the president of the United States, Donald Trump, made an announcement stating that there would be restrictions on travel from Europe. Notably, this is an attempt to dilute the spread of coronavirus after the World Health Organization declared that the ongoing Coronavirus outbreak as a pandemic. The dip in Oil…
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The Asia markets, on Monday, tried to get back on track after continuous losses in the previous week. Due to the Coronavirus outbreak, the Chinese manufacturing data released recently has failed to meet expectations, as reported by CNBC. Mainland Chinese stocks succeeded in adding on the day as they attempted to recover from Friday’s drop.…
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The outbreak of the ongoing virus from China may have affected the global capital markets more than you thought. On Friday, countries from three continents reported Coronavirus cases and the world share markets have started tumbling down. This marks their worst week since the 2008 global financial crisis with $5 trillion being wiped off markets.…
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According to Saudi Energy Minister Prince Abdulaziz bin Salman, OPEC and the other oil-producing giants that work with it, is in the process of getting the global crude markets back on track. “We do communicate with each other, we use every opportunity to talk with each other. We did not run out of ideas, we…
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On Friday stocks in Mainland China ascended. Overall, the Asia stocks were a mix bag. The Shenzhen component added 1.05% to 11,629.70 while the Shenzhen composite soared 1.125% to 1,907.35. The Shanghai composite jumped 0.31% to about 3,039.67 as well. According to China’s Ministry of Commerce, the work in China, which was declining due to…
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