The U.S. is suspending the trip from Europe because the corona virus is forcing Italy to tighten the ban

WASHINGTON / GENEVA (Reuters) – US President Donald Trump said the United States would stop all passenger travel from continental Europe on Friday to limit the spread of the corona virus after the outbreak was officially declared a pandemic and global markets began to falter . Trump announced the live television travel ban along with … Read more The U.S. is suspending the trip from Europe because the corona virus is forcing Italy to tighten the ban

Share earnings after emergency BoE cut increases economic hopes

LONDON (Reuters) – European equities rose Wednesday after the Bank of England, along with other central banks, cut interest rates, hoping for more coordinated monetary and fiscal stimulus to counter the economic shock caused by the corona virus outbreak. File photo: A street cleaner walks past the London Stock Exchange Group building in the City … Read more Share earnings after emergency BoE cut increases economic hopes

Global stocks succumb to the virus as cases spread and disruptions grow

LONDON (Reuters) – Global stock markets fell on Friday when business disruptions due to the spread of the coronavirus epidemic worsened, fueling fears of a prolonged economic slowdown. FILE PHOTO: The signage is seen outside the entrance of the London Stock Exchange in London, Great Britain. August 23, 2018. REUTERS / Peter Nicholls / File … Read more Global stocks succumb to the virus as cases spread and disruptions grow

Investors lose stocks and bonds as the coronavirus scares the markets, says BofA

A merchant works on the floor of the New York Stock Exchange (NYSE) in New York City, USA. UU., March 5, 2020. REUTERS / Andrew Kelly LONDON (Reuters) – Investors withdrew from most asset classes, and bond stocks and funds saw a combined output of $ 36 billion in the week through Wednesday, BofA said, … Read more Investors lose stocks and bonds as the coronavirus scares the markets, says BofA

Your money: the Fed’s surprise cut is a cure for the envy of mortgage rates

NEW YORK (Reuters) – When Kristin Tassi bought her house in Chicago two years ago, she was disappointed to get a 4% interest rate on her mortgage. All his friends had lower rates. FILE PHOTO: A newly built single-family house is shown as sold in Encinitas, California, USA. UU., July 31, 2019. REUTERS / Mike … Read more Your money: the Fed’s surprise cut is a cure for the envy of mortgage rates

The superior court of India demolishes the banking ban of cryptocurrencies by RBI

A man passes by an electrical panel that shows the exchange rates of several cryptocurrencies, including Bitcoin (top L) in a cryptocurrency exchange in Seoul, South Korea, December 13, 2017. REUTERS / Kim Hong-Ji MUMBAI (Reuters) – The Supreme Court of India ruled on Wednesday that it allows banks to handle cryptocurrency transactions from traders … Read more The superior court of India demolishes the banking ban of cryptocurrencies by RBI

Global markets: Here comes the cavalry?

LONDON (Reuters) – The recovery in global stock markets and oil prices accelerated on Tuesday, as global policymakers pointed to a united front to address the economic consequences of the spread of the coronavirus. FILE PHOTO: A man passes in front of an electronic dashboard showing stock prices outside a brokerage in Tokyo, Japan on … Read more Global markets: Here comes the cavalry?

Trump presses the US Federal Reserve UU. To reduce rates

FILE PHOTO: US President Donald Trump leaves Marine One when he returns from speaking at the Conservative Political Action Conference at the White House in Washington, USA. UU., February 29, 2020. REUTERS / Joshua Roberts WASHINGTON (Reuters) – President of the United States, Donald Trump, reiterated on Monday his call to the central bank of … Read more Trump presses the US Federal Reserve UU. To reduce rates

Australian financial regulators make emergency call about coronavirus

SYDNEY (Reuters) – Australia’s financial regulators scheduled an emergency call on Monday to discuss the impact of the coronavirus outbreak, two sources familiar with the matter told Reuters, as the country seeks to avoid a risk of recession. FILE PHOTO: People with facial masks walk through Flinders Street station after coronavirus cases were confirmed in … Read more Australian financial regulators make emergency call about coronavirus

US officials UU. Discuss the coronavirus market panic and promote economic strength

WASHINGTON (Reuters) – Senior officials of the administration of President Donald Trump tried to calm the market panic that the coronavirus could cause a global recession, saying that the American public had overreacted and that the shares would recover due to the underlying strength of the US economy. FILE PHOTO: President of the United States, … Read more US officials UU. Discuss the coronavirus market panic and promote economic strength