Posts Tagged ‘global equities’

Week in Review: Central Banks Take Coordinated Action

Financial markets endured another week of extreme volatility as the number of coronavirus cases globally continues to rise. The social-economic trade-off of social distancing adopted by most countries across the globe will significantly impact global economic growth and employment in the first half of this year. To counteract this, major central banks and governments around…

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Week in Review: Virus Emergency

Global equity markets finished sharply lower over the week after the World Health Organization declared the coronavirus (“COVID-19”) a global pandemic. The declines pushed the major indexes well into bear market territory with the onset being the fastest in history and the Dow suffering its worst daily decline since 1987. The Cboe Volatility Index (VIX)…

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Week in Review: President Ramaphosa delivers SONA 2020

Global attention remained on the coronavirus outbreak as the number of confirmed cases rose and China’s factories try to reopen. Equities were mostly stronger for a second straight week while bond yields stayed unchanged, a sign that investors are cautiously optimistic. In the U.S., Federal Reserve (Fed) Chair, Jerome Powell’s commentary took centre stage, where…

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Week in Review: SAA Placed Under Business Rescue

It was an eventful week on the South African calendar with SAA announcing that it will be placed under business rescue as well as the South African 3rd quarter GDP announcement. Minister of Public Enterprises, Pravin Gordhan announced on Thursday that South African Airways (SAA) will be placed under business rescue, stating that the decision…

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