Risk-Off Returns to Markets, Stocks Slump
Asian indices finished lower, after mixed economic data and as the coronavirus fears returned to markets, and China releases stronger than expected PMI.
April 2020
Q1 2020 Ends; Dollar Mixed, Stocks Fall, “My My, Hey Hey Covid-19 is Here to Stay.”
Q1 2020 Ends; Dollar Mixed, Stocks Fall, “My My, Hey Hey Covid-19 is Here to Stay.
March 2020
Global Equities Positive on WHO Cues, Wall Street to Open Positive on Further Stimulus Measures
Phase 4 economic support stimulus bill from the US Fed & US-Russia energy market-related talks, WHO reports in focus. Global Equities Positive on WHO Cues.
Asian Stocks Mixed, Crude Oil Rebound
Asian stock markets finished mixed on Tuesday after stronger than expected manufacturing data out from China. The PMI rose to 52.0 in March.
IMFBlog: Europe’s COVID-19 Crisis and the Fund’s Response
COVID-19 has struck Europe with stunning ferocity. While we do not know how long the crisis will last, we know that the economic impact will be severe.
Bank Indonesia: Economic Report on Indonesia 2019: Synergy Key to Maintaining Economy Amidst COVID-19 Pandemic
Bank Indonesia nevertheless expects the COVID-19 pandemic to restrain the domestic economic growth outlook for 2020.
Bank of Canada announces successful launch of standing term liquidity facility
The Bank of Canada announced today that it successfully launched its new Standing Term Liquidity Facility (STLF).
Consumer Financial Protection Bureau Issues Request for Information to Assist Taskforce on Federal Consumer Financial Protection Law
CFPB issued request for information to the Taskforce on Federal Consumer Financial Law with recommendations on harmonizing, modernizing, and updating it.
Reserve Bank of New Zealand: Mahi Tahi: Working Together to Ensure Cash-flow and Confidence
Te Pūtea Matua – the Reserve Bank of New Zealand - is working closely with the whole of government and industry to ensure financial stability.
Wall Street to Open Mixed on Covid-19 Woes & Trump Cues
US President Trump’s lockdown extensions decision is the main driving factor behind market activity today. Wall Street to open mixed on COVID-19 woes.
RBNZ: Corporate facility another step to support market functioning
The Reserve Bank is deploying another tool to provide additional liquidity to the corporate sector, and support smooth market functioning.
Asian Stocks Retreat, Crude Oil At 17-Year Lows
In commodities markets, crude oil plunged to 17-year lows. WTI crude oil is 5.95% lower at $20.22 while the Brent oil is 8.11% lower at $22.91 per barrel.
Coronavirus: Federal Council Approves Deactivation of Countercyclical Capital Buffer
The Federal Council approved the proposal of the Swiss National Bank (SNB) to deactivate the countercyclical capital buffer with immediate effect.
Bank of Canada Governor Wilkins: Press Conference Opening Statement – March 27, 2020
Bank of Canada: Press Conference Opening Statement – March 27, 2020.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.