With more countries calling for a postponement, the decision is starting to look inevitable for Japan and the IOC Abe will be speaking with Bach later at 1100 GMT and while there are still about four weeks to discuss options, a change of dates and the cost of postponing the games will be something that […]
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US Congress stimulus package – "progress," but say some issues still under review
US Treasury Secretary Mnuchin, Senate Democratic leader Schumer say they are optimistic for coronavirus stimulus deal on Tuesday – negotiators note "progress," but say some issues still under review in talks on u.s. coronavirus stimulus deal
ForexLive Asia FX news wrap: Positive noises on a US Congress deal
Forex news for Asia trading Tuesday 24 March 2020 It was a huge surge for global equities during the timezone here today, and similar for currencies against a hapless USD, with a drip-feed of encouraging murmurs out of the US Congress on the prospects for a deal on the coronavirus economic relief package.
Trump says Republicans should not agree to Democrat stimulus measures
Trump taking a chainsaw to Mnuchin's efforts? ForexLive
South Korean stimulus/relief measures include equity stabilisation fund
President Moon pledges 100 tln won of emergency funding for virus-stricken business sector Also: – 20 tln won bond market stabilization fund – 10.7 tln won securities market stabilization fund
Media report: Senate on cusp of coronavirus stimulus deal after agreements in key areas
Senate Minority Schumer and Treasury Secretary Steven Mnuchin are on the cusp of a deal – after settling disagreements over relief for the airline industry, beefed-up unemployment benefits and money for hospitals.
Taiwan joins Singapore in suspending the transit of airline passengers through its airport
Singapore announced the measure over the weekend: Taiwan is also to suspend the transit of airline passengers through its airport – from today, 24 March 2020 A measure to help control the spread of the coronavirus.
Canada to introduce new powers to spend money and raise taxes without having to get the approval of Parliament
Canadian media Global News with the report: The legislation has implications for the ruling party beyond just what is intended. Link here for more. CAD is a lot higher today, swept up in the USD selling right across the board we've been seeing the whole session:
Demand Rises for Dollar's Safe Haven Appeal – 23 March 2020
The dollar recovered from earlier losses and headed near to a three-year high during London trade on Monday as a selloff in equities worldwide continued to ripple.
ECB Willing to Take Further Measures if Necessary – 23 March 2020
The European Central Bank's Governing council member, Ignazio Visco said on Monday that the recent measures that the bank took against the effects of the coronavirus outbreak are sufficient and effective.