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Yen Dips, Yet Soft Yuan and Sing Dollar Drop on Virus Risks
The greenback held increases versus the risk-off yen on Wednesday as China’s reaction to the coronavirus flare-up raised expectations it could be contained, even as the loss of life rose forcefully. Photo: Flickr The mainland China toll advanced by another day by day record of 65 to 490. The number of diseases there […]
Wall Street Opens Lower on China Virus Outbreak
U.S. stock markets started session lower on Tuesday, as worries over the blow from a new pheumonia virus outbreak in China and a dismal growth outlook, followed from the IMF report, which stalled a strong rally on Wall Street indexes. The Dow Jones index eased by 0.34 percent, to 29,247, the S&P 500 lost 0.25 […]
Oil Slips Amid Virus Casualties Growth, U.S. Stocks Increase
Oil prices declined on Thursday due to a growth of the number of coronavirus victims in China and the cancellation of new flights to major cities of the country, as well as due to a jump in the U.S. inventories. Photo: Flickr The international benchmark index for Brent futures tumbled by 1.49 percent, […]