Global futures surge and European stocks climb on reports from China of a new treatment for the coronavirus Coronavirus treatment? Unconfirmed report China Global Television Network (CGTN) – covering a report from China’s Changjiang daily, note researchers are reported to have discovered that a combination of two drugs, as aRead More →
The retail investor China’s stock markets are primarily made up of retail investors – that is non professional investors – wealthy individuals, as opposed to institutional investors. It is reported that the retail investor in China own in the region of 80% of ‘A’ class shares on the Shanghai stockRead More →
What a difference a day makes China’s stock markets steadied and Asian stocks recovered some losses after falling back on Monday. However, sentiment remains fragile as investors continue to fret over the growing human and economic costs of the coronavirus outbreak. Japan’s Nikkei 225 climbed nearly 0.50%, and Hong Kong’sRead More →
Chinese stocks sink 8% on first day of trading since 23rd January, amidst coronavirus scare Sharp drop but not shocking! Investor’s fears were realised after traders returned to their desks after an extended holiday period. Chinese officials attempted to allay panic selling before trading resumed by injecting liquidity into theRead More →
The coronavirus outbreak has been declared an emergency In a press conference on Thursday 30th January 2020, WHO director general, Tedros Adhanom Ghebreyesus, is reported to have praised China’s efforts to contain the outbreak. He went on to say, that there was no need to interfere with travel and tradeRead More →
The World Health Organisation (WHO) will meet again on Thursday 30th January 2020 to decide whether to declare an international public health emergency over the coronavirus outbreak. Affect on businesses reported so far as global stocks react to the virus outbreak LVMH, owner of luxury brand Louis Vuitton says itRead More →
Stocks rebound Global stocks recover lost ground after falling on Monday 27th January 2020. European stocks pick up The FTSE 100 closed Monday at: 7412 down 174 points but picked up Tuesday by 77 points to close at: 7481. Germany’s Dax dropped Monday by 372 points to close at down:Read More →
Stock markets fall Asian stocks drop as mounting concerns of the coronavirus take hold and investors fret over the potential harm to global economies. Markets around the world fell sharply on Monday. Japan’s Nikkei index fell by 2%. The FTSE 100 was down by 1.75%. European indices also suffer bigRead More →
Scheduled events Australia unemployment data comes in far better than expected creating nearly 29,000 jobs against consensus of 15,000. EU – ECB interest rate decision due at: 12:45 GMT followed by monetary policy statement at: 13:30 GMT U.S. – Unemployment ‘jobless’ claim data due at: 13:30 GMT Japan – BoJRead More →
Asian stocks have fallen as investors grow concerned that the spread of a new virus in China will impact economic growth. Beginning Thursday all public transportation was suspended in the Chinese city of Wuhan, where the outbreak is believed to have started. Asian stocks drop The Shanghai composite fell 2.75%Read More →