Since arriving in office in January 2017, Donald Trump often has cited the upward trajectory as a measure of his economic achievements. As the 2020 presidential election looms, he may feel a little concerned. His ‘America First’ handling of the Covid-19 crisis is terrifying commerce and financial markets. While there may be good public health … Read more
The bloodbath on the stock markets is mounting this afternoon, with Britain’s blue-chip FTSE 100 index down nearly 10 per cent. At present, the FTSE 100 is down 9.52 per cent or 559.55 points to 5,316.97, which is lower than it reached in the aftermath of the June 2016 EU referendum vote and the lowest seen … Read more
London markets open 5.3% down after 312-point plunge to 5,564 in response to Trump’s EU visitors ban in bid to stem spread of coronavirus FTSE 100 plunges yet again today as investors are rattled by travel restrictions Donald Trump imposed ban in an attempt to halt the coronavirus pandemic Index of Britain’s leading companies falls … Read more
London markets rise by 2.1% with FTSE 100 opening 124 points up at 6,084 after Bank of England’s emergency cut in interest rates to combat coronavirus FTSE 100 index of Britain’s biggest firms up 124 points or 2.1% to 6,084 today It comes after Bank of England base rate was cut from to 0.25% from … Read more
While investors watched their portfolios with concern as stock markets dropped on coronavirus fears, some funds and trusts climbed significantly. Recent weeks have seen worries worldwide as the COVID-19 virus spread outside of China – and after brief bounce-back at the start of this week, shares are down heavily again yesterday and today. As has often been … Read more
As investors wrestle with how to react to a crisis nobody saw coming a couple of months ago, they also have something else to think about which has long been inked into the calendar. Just as the novel coronavirus outbreak causes havoc in financial markets – to the extent that it led to a 0.5 … Read more
RUTH SUNDERLAND: Global markets will ride out the coronavirus crisis Global stock markets have fallen to their worst levels since 2016 China’s supply chain dominance makes the epidemic more problematic than SARs, as China only accounted for 5% of world economy in 2003 Markets will bounce back but investors will have to be patient By Ruth Sunderland … Read more
Bull markets don’t die of old age, but do they die of coronavirus? This is Money podcast By This Is Money Published: 17:05 GMT, 28 February 2020 | Updated: 17:05 GMT, 28 February 2020 Bull markets don’t die of old age, we’ve been told countless times in recent years, but do they die of coronavirus? … Read more
Markets started off believing that the coronavirus outbreak would be brief and contained, and the ill-effects would be eased by central banks or governments. Now, dealers and analysts are seeing a torrent of company reports laying bare the damage, either in terms of reduced demand in China and Asia, which has hit drinks giant Diageo, … Read more
Readers with a copy of The Hitchhiker’s Guide To The Galaxy might remember the famous travel guide came with DON’T PANIC helpfully printed on its cover. With financial markets across the world seeing dramatic falls as a result of coronavirus, investors would do well to adopt the same motto. In the early days of the … Read more