After The Mayhem, Brief Period Of Calm

European markets are picking up the pieces after one of the worst trading days in 30 years. The FTSE opened nearly 6% higher but wasn’t able to hold on to this level, slipping back to the 5,400 mark as investors try to assess how much of yesterday’s panic selling was …

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FTSE: Another Dead Cat Bounce?

Coronavirus panic selling hit stocks and asset classes across the board on Thursday. The FTSE closed down over 10%, the DAX 12% and U.S. stock indices ended the session 9-10% lower. Ironically on Friday 13, Black Friday, things are looking up (at least momentarily) Fed Tried, More To Come? After …

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The Potential For A Stock Rebound

Yesterday’s session in stocks was a true bloodbath that extended well into today’s overnight sessions. It offered two glimmers of hope: one very temporary that came shortly after we exited our tremendously profitable short position, and the other that is unfolding at the moment of writing these words. As the …

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World stocks set for worst week since 2008 financial crisis

Stock Markets10 hours ago (Mar 13, 2020 05:36AM ET) By Abhinav Ramnarayan LONDON (Reuters) – World stocks were set on Friday for their worst week since the 2008 financial crisis, with coronavirus panic-selling hitting nearly every asset class and investors fretting that central bank action may not be enough to …

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Top 5 Things to Know in the Market on Friday, March 13th

Economy9 hours ago (Mar 13, 2020 06:49AM ET) (C) Reuters. By Geoffrey Smith Investing.com — The wait for a coordinated U.S. package of policy measures to offset the impact of the Covid-19 outbreak goes on, although House Speaker Nancy Pelosi told reporters that a deal was “near”. Europe enacted more …

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European Markets Rally as Germany Pledges Debt Package

Economy7 hours ago (Mar 13, 2020 08:10AM ET) (C) Reuters. By Geoffrey Smith Investing.com — European stock markets surged after Germany’s finance minister announced the government would announce an ‘unlimited’ credit facility to help companies struggling with short-term cash flow problems due to the coronavirus outbreak. Olaf Scholz told a …

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