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Russia's Novak speaking from the G 20 energy ministers  video conference – coronavirus spread affects global economy – coronavirus outbreak requires facet joint actions ForexLive

Hospital death toll rises to 8114  England's NHS is reporting that an additional 866 people have died in England due to the coronavirus. That raises the total death toll in England to 8114.

Russian headlines crossing  He said: Well… oil is certainly affordable and accessible. Him him HMMM ForexLive

Mexico balks at OPEC+ deal The OPEC+ leaders met yesterday and at the end, Mexico balked at their OPEC proposed 400K barrel production cut.  Mexico hedged itself from the sharp fall and as a result feels less inclined to cut production.  They also argue that it is difficult to make cuts after it had worked […]

March US CPI prices fall further than expected ForexLive

Comments from Lopez-Obrador: OPEC demanded Mexico cut 400K bpd but Lopez Obrador seems to indicate that OPEC+ has relented, perhaps because the US has pledged to cut. I won't believe it until we hear from OPEC.

Oil headlines will be the main thing to watch today ForexLive The latest development from yesterday was that and that is currently threatening the put forward ahead of the meeting later.

Spain reports 605 coronavirus deaths over the past 24 hours ForexLive That brings the total number of deaths from the virus to 15,843 persons. Meanwhile, the number of new cases also fell further to 4,576 cases – bringing the total to 157,022 cases.

Following the initial sell-off across global financial markets, in response to the Covid-19 pandemic, bear markets commenced across developed markets.

Nigeria is home to Africa’s most populous country, and the economy has overtaken South Africa as the biggest as measured by GDP.