American stock markets fell today, as European stock indices witnessed a significant decline due to fears of a second wave of the Coronavirus pandemic. This potential return to crisis levels of infection could delay the global economic recovery that has been anticipated – or hoped for – in second half of the year.
During the past week, we witnessed several important economic surprises, including the European Central Bank raising the value of the pandemic purchase program by €600 billion and extending it to June 2021.
With the release of the US jobs numbers, three central bank meetings, and the resumption of critical Brexit talks, it’s a busy week for the markets.
As we come to the tail end of first-quarter earnings season, approximately 92% of the S&P 500’s market cap has reported first-quarter earnings, but 22 of 45 brick-and-mortar retailers have yet to release results.
pandemic analysts are starting to identify buying opportunities among beaten-down stocks. Here are seven of the best performing companies during the outbreak.
pandemic analysts are starting to identify buying opportunities among beaten-down stocks. Here are seven of the best performing companies during the outbreak.
Investors will continue to monitor the impact of COVID-19 on the global economy as there can be no hiding from the dreadful economic data that is now pouring in from all angles as we move further into the second quarter. The week ahead sees the release of key statistics: US retail sales, industrial output and inflation data; China’s trade statistics; UK and Germany’s first-quarter GDP figures; Europe’s industrial output numbers and Australia’s employment figures. New Zealand’s central bank will be deciding on monetary policy. Markets anticipate gloomy news.
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