Coronavirus - Dow Jones recoveres | March 27, 2020

Dow Jones on Wednesday grew by 11% due to expectations of new measures by the US government to support the economy.

Weekly Review
2020年3月26日

This week has been the best for the pound in the past 11 years. The GBP strengthened against the dollar by 6.17%. Investors praised government measures to support the economy.

Dow Jones on Wednesday grew by 11% due to expectations of new measures by the US government to support the economy. Thus, the highest growth since 1933 was recorded during the day.

Business activity in the EU is rapidly falling in March. The composite index fell to 31.4 points.

The dollar is under pressure this week. According to the US Department of Labor, the number of applications for unemployment benefits rose to a record level of 3.283 million.

The merger of Fiat-Chrysler and Peugeot is in jeopardy due to the coronavirus. Factories across Europe are shutting down, and demand for new cars is plummeting.

Robert Thompson
Coronavirus - Oil approached $20 level | March 20, 2020

Weekly Review

Coronavirus - Oil approached $20 level | March 20, 2020

By the end of the week, it still remains below the $30 level.

Robert Thompson
2020年3月20日
Coronavirus - Markets go Chaotic | March 13, 2020

Weekly Review

Coronavirus - Markets go Chaotic | March 13, 2020

Demand for safe assets is growing, and all commodity currencies are getting sold.

Robert Thompson
2020年3月13日
Interest Rates Keep Falling

Weekly Review

Interest Rates Keep Falling

The central banks of leading countries urgently lowered interest rates this week.

Robert Thompson
2020年3月06日