NEWS

Dead Cat Bounce In The Market Slump?

These big reaction moves always seem to happen when I’m afk. Anyway, markets are attempting to price what impact the Coronoavirus will have in both the short term and long term, but after 10% declines we now have the dead cat bounce effect. I don’t expect the bounce to last, …

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Stocks – Europe Markets Open Higher, G7 Call Eyed

Stock Markets9 hours ago (Mar 03, 2020 03:12AM ET) (C) Reuters. By Geoffrey Smith Investing.com — Europe’s stock markets opened higher on Tuesday, but with less vigor than U.S. markets showed on Monday, on hopes for coordinated policy action from governments and central banks to support the world economy. Central …

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Day Ahead: Top 3 Things to Watch for March 3

Stock Markets19 hours ago (Mar 02, 2020 05:45PM ET) (C) Reuters. By Kim Khan Investing.com – Stocks bounced back sharply Monday following last week’s plunge, with the major indexes boasting their biggest daily points gains ever. Bond yields jumped in the last hour of stock market trading and oil settled …

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Global markets: Here come the cavalry?

(C) Reuters. FILE PHOTO: A man walks past an electronic board showing stock prices outside a brokerage in Tokyo By Marc Jones and Karin Strohecker LONDON (Reuters) – A recovery in world stock markets and oil prices picked up pace on Tuesday, as global policymakers signalled a united front to …

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RBA Cuts Rates to 0.5% as China Slowdown Continues

Economy13 hours ago (Mar 03, 2020 12:00AM ET) (Bloomberg) — Australia’s central bank validated the money market’s late swing, easing interest rates in an effort to cushion the blow from China’s economic slowdown and associated coronavirus fallout. Reserve Bank Governor Philip Lowe reduced the cash rate by a quarter percentage …

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