Blogs

With the global Covid-19 pandemic keeping the economy hostage, the Bank of Japan notes financial risks related to the crisis.

New Zealand’s Prime Minister Ardern announced that the nationwide lockdown contained the Covid-19 outbreak,

Comments by China president Xi Jinping, via state media – Will accelerate transition of economic development mode – To push forward with investment in new infrastructure See here for global coronavirus case data

That brings the total confirmed cases to 213,024 See here for global coronavirus case data Despite more than a month of lockdown measures, Spain is still reporting quite a consistent increase in the number of daily cases as the raw figure remains in the thousands.

Just in case there is any notable remarks to take note of See here for global coronavirus case data

Japan downgrades its economic assessment for a second straight month The government also downgraded its view on consumption, production, jobs and corporate earnings as well.

Latest data released by Markit/CIPS – 23 April 2020 – Prior 34.5 – Manufacturing PMI 32.9 vs 42.0 expected – Prior 47.8 – Composite PMI 12.9 vs 29.5 expected See here for global coronavirus case data

The headlines were abysmal but the details don't make reading any better See here for global coronavirus case data A couple of details stood out for me in the reports above, as noted by Markit and this will just add more food for thought as we try and quantify the economic damage in the region […]

Latest data released by Markit – 23 April 2020 – Prior 26.4 – Manufacturing PMI 33.6 vs 38.0 expected – Prior 44.5 – Composite PMI 13.5 vs 25.0 expected – Prior 29.7 See here for global coronavirus case data

European stocks pare their early gains to stay in negative territory for now See here for global coronavirus case data The losses are modest but there is no doubt that risk has been hit by the ugly data coming out of France and Germany earlier. The dollar and yen has also recouped losses on the […]