For 2008, investors expect guidance on when to get back on board

LONDON (Reuters) – Investment banks are dedicating models from the 2008 financial crisis to determine the right time to buy back equity markets, which fell 30% from their record highs in February due to the coronvirus crisis. The Wall Street sign is pictured on the New York Stock Exchange (NYSE) in the Manhattan borough of […]

What you need to know about the corona virus now

(Reuters) – Here’s what you need to know about the corona virus: Craig Cundiff’s “My Child, Our Air” mural is pictured in the Georgetown neighborhood of Seattle as efforts to curb the spread of coronavirus disease (COVID-19) continue in Seattle, Washington, USA, on March 24, 2020 . REUTERS / Jason Redmond US spending flash; EU […]

Mainland China reports a drop in new confirmed cases of coronavirus

Men with protective masks stand on a hike along a section of the Great Wall of China in Badaling in Beijing on the first day of reopening after the closure of the coronavirus in China on March 24, 2020. REUTERS / Thomas Peter BEIJING (Reuters) – Mainland China reported a drop in new confirmed coronavirus […]

According to Pompeo, China is still holding back information about coronaviruses

WASHINGTON (Reuters) – Secretary of State Mike Pompeo tightened criticism of China’s handling of the Corona virus outbreak on Tuesday, saying the ruling Communist Party still denies the government the world information it needs to prevent further cases . FILE PHOTO: US Secretary of State Mike Pompeo testifies before the House House Foreign Affairs hearing […]

Limitless Fed bond buying fuels are recovering, dollar setbacks

LONDON (Reuters) – Financial markets recovered on Tuesday. Equities and oil rose about 4% in Europe, while the safe haven dollar fell as unprecedented global economic efforts accelerated. While the Fed’s offer to buy unlimited bonds should not alleviate the devastating effects of the corona virus alone, investors hoped that using other government bailouts would […]

The United States could become the next coronavirus epicenter, the WHO says

GENEVA / TOKYO (Reuters) – The World Health Organization said on Tuesday that the United States could become the global epicenter of the coronavirus pandemic, eventually forcing reluctant organizers to postpone the 2020 Tokyo Summer Olympics. Britain joined countries to hold back the virus, and data showed business in Australia, Japan and Western Europe collapsed […]