LONDON / SINGAPORE (Reuters) – Global stocks plummeted to their lowest level in more than a week on Thursday, due to an increase in US coronavirus cases. USA And an IMF warning of a nearly 5% drop in the world economy this year again. FILE PHOTO: An SGX sign is …
Read More »Stocks wear thin as coronavirus surge destroys hopes of recovery
SINGAPORE (Reuters) – Asian stocks posted their biggest decline in eight sessions, bonds rose and the US dollar held firm on Thursday due to growing cases of coronavirus in the United States and the International Monetary Fund’s downgrade to economic projections reduced confidence in a recovery. FILE PHOTO: Passers-by wearing …
Read More »Stock market rally focuses on Covid-19 wave, “TrumpKillsUS” rises on Twitter trends
Dow Jones futures are trading lower as traders continue to weigh their appetite for riskier assets. Yes, we are moving higher in terms of the US stock markets. USA Still, the reality is that this is one of the most hated protests on Wall Street among professional traders who believe …
Read More »Gold Shines as Rising Coronavirus Makes Investors Nervous
LONDON (Reuters) – Gold prices rose to their highest level in nearly eight years on Wednesday, as global stocks cooled as signs of a rally in coronavirus cases kept investors on edge. FILE PHOTO: Gold bars and granules are displayed at the Austrian Oegussa silver-gold separation plant in Vienna on …
Read More »Asia stocks in four-month high as markets remain stubbornly optimistic
SYDNEY (Reuters) – Asian stocks hit a four-month high on Wednesday as investors remained stubbornly optimistic about prospects for a reopening of the world economy, even as coronavirus cases appeared to be accelerating to new peaks. FILE PHOTO: A man wearing a protective face mask, after the outbreak of coronavirus …
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