Trump tweets and makes reference to coronavirus containment measures "WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF. AT THE END OF THE 15 DAY PERIOD, WE WILL MAKE A DECISION AS TO WHICH WAY WE WANT TO
Economic data continues to take a backseat for now
It will be another day where central bank, government stimulus, and virus headlines will dictate the pace of the trading day ForexLive Another limit down day for US futures as the market continues to sour amid coronavirus developments across the globe. The fact that the isn't quite helping with the situation, as fear continues to […]
India halts stocks trading as Sensex slumps by 10%, triggers circuit breaker
A rough day for AxJ equities to start the week The only outperformer is the Nikkei, which is up by just over 2%, as Japan returns from the long weekend and the BOJ continuing to bolster the market by buying up ETFs.
Singapore core inflation falls for the first time in a decade
Deflation risks are going to be a concern in the aftermath of the virus outbreak ForexLive The market may be consumed by headlines surrounding the virus outbreak and global shutdowns, but one major issue that we will be faced with when all this is said and done is the fear of prolonged deflationary pressures across […]
Japan says not considering to cancel the Olympics at all
Comments by Tokyo 2020 director general, Toshiro Muto The logical step would be to postpone the event given current circumstances but we'll see what happens over the next month or so. But Japan has been adamant that they don't see a reason for the games to be called off altogether.
Coronavirus – G20 finance ministers and central bank governors emergency conference call scheduled for Monday
Teleconference The G20 members: – Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the European Union Representing aound two-thirds of the world's population
Coronavirus – New Zealand PM Ardern says non-essential businesses must close
COVID-19 – NZ Prime Minister news conference – alert level raised to '3' – Will go to 4 within 48 hours – we can stop the spread by staying at home – all indoor, outdoor events must not proceed Big % jump in NZ cases announced earlier:
Australian financial authorities emphasise coordinated response to the coronavirus (COVID-19)
A statement from the Australian Council of Financial Regulators Emphasising the response being coordinatred in Australia between the RBA, CFR, government, banking sector and more.
More from NZ PM Ardern: 4 weeks is the minimum for self-isolation
Coronavirus steps escalate in New Zealand More: NZ has expanded wage subsidies and is considering a guarantee for business financing. ForexLive
South Korea reports 64 more cases of coronavirus, total at 8,961
– 257 more fully recovered coronavirus patients released, total cured people at 3,166 Numbers from Korea Centers for Disease Control and Prevention, via Yonhap