Your world at 9am
|WTI Crude Oil||-1.31%|
|Brent Crude Oil||-0.55%|
Out of 43 world ETFs listed in NYSE that we track, 33 are trading above their 10-day SMA and 0 are trading above their 50-day SMA.
A thread written by @Kianayema
On the impending #IndiaLockdown, a few thoughts. 2. Have been reading various pieces on how economic slowdown from lockdowns may lead to *more* deaths than the virus.
Tackling The Corona Crisis In India: Burn The Old Playbooks And Unshackle The Mind
The Systemic Risk Council, consisting of former central bankers and academics, lists out the principles that should govern decision-making by fiscal and monetary authorities in these times: (i) Provide direct aid to business sectors that are vital to addressing the health crisis, or essential to rev
To treat COVID-19’s economic impact, start by keeping the lights on
How should we think about containing the COVID-19 economic crisis? Christmas lights, when I was a kid, were wired in series. If one light bulb blew, the whole string went dark. My Depression-era parents taught me to fix it by checking each bulb, one-by-one, all one hundred of them.
New coronavirus research suggests vaccines developed to treat it could be long-lasting
A new study from Italian researchers suggests that the SARS-CoV-2 coronavirus, which is the cause of the COVID-19 pandemic currently causing a global health crisis, is relatively slow to mutate – meaning that any effective vaccine that is developed to prevent people from getting infected should be
An Optimistic Assessment of COVID-19
PIcture credit: Aleph Blog, and the same for all the graphs and charts in this post. All liability for mistakes here is mine. This post is different than any other I have done at Aleph Blog.
German economy could shrink by as much as 20% this year due to coronavirus: Ifo
BERLIN (Reuters) – German business morale tumbled in March to its lowest level since 2009, a survey showed on Wednesday, with an Ifo institute economist saying Europe’s largest economy could contract by as much as 20% this year due to the impact of the coronavirus.
Congress is getting closer to a deal on the massive coronavirus stimulus bill
Democrats and Republicans are getting closer to a deal on the massive stimulus package to combat the economic impact of the coronavirus. “There are still a few little differences. Neither of us think they are in any way going to get in the way of a final agreement,” he added.
Why the SpiceJet stock has crashed more than IndiGo in the coronavirus storm?
On March 9, when crude oil (Brent) crashed from $50 a barrel to $35 a barrel, aggravating the pain in many Indian stocks, the two listed airline stocks held out – IndiGo Airlines gained 3 per cent that day and SpiceJet closed flat.
Check out our Global Macro Dashboard for currency, commodity, bonds and credit charts.