Economic News, Page

Britain and the EU return to the negotiating table. With so many issues to iron out and protectionism in play, it is going to be a rough ride.

Global equities continue to fall as traders re-set their expectations for 2020 GDP and EPS growth.

Microsoft is the second company in the trillion dollar club to withdraw outlook. Earlier this month, Apple said that it may not be able to meet its March-quarter sales forecast.

The majors are set for another fall at the open as the markets face the ever-growing prospect of a global pandemic and even greater disruption to trade.

New home sales surge

U.S. equities try to rebound in early Wednesday trading but investors be warned, this sell-off is not over yet.

A top U.S. health official sparked a stock market sell-off after warning on Tuesday the coronavirus will likely become a global pandemic. The health official also added that it’s just a matter of time before the outbreak starts to spread to the U.S.

The European majors are set for another fall at the open as risk aversion sweeps the Asian markets. Coronavirus news updates overnight were not market-friendly.

Equities rebound following Monday’s steep decline but fear persists and a market correction is coming.

With the outbreak spreading to South Korea, technology companies are now facing new challenges due to the country’s importance in the global technology and semiconductor supply chains.

The majors are set for a positive start to the day off the back of Monday’s slide. Stats will need to support, however…

Equities plunge, market participants have finally begun to understand the potential impact on global economic activity.

In response to the rising death toll and the number of coronavirus cases, South Korea has raised its virus outbreak alert to the “highest level” as confirmed case numbers keep rising.

The majors are set up for a slide at the open, with coronavirus news weighing heavily on risk appetite. Stats will play second fiddle today.

It’s another busy week ahead. The continued spread of the coronavirus and last week’s dire PMI numbers out of the U.S could get things off to a bad start…

U.S mortgage rates inched up for a 2nd consecutive week. While economic data impressed, concerns over the coronavirus limited the upside in rates.

It was quite a week for the markets. The coronavirus spread gathered pace beyond China’s borders, with U.S private sector catching the markets off guard.

Coronavirus news updates from South Korea and beyond sunk the majors, with better than expected stats unable to shift risk sentiment.

Equities retreat following a surprise pullback in U.S. markets on Thursday. The risk of a coronavirus-driven market correction grow daily.

IHS Markit’s Euro Zone Composite Flash Purchasing Manager’s Index (PMI), seen as a good gauge of economic health, rose to 51.6 in February from January’s final reading of 51.3, beating all forecasts in a Reuters poll.