Big Business Support is seeking ‘Ugly’ US Jobs Fallout

0
32
Big Business Support is seeking 'Ugly' US Jobs Fallout

The European and Asian stock markets resumed Wednesday as investors reiterated about the devastating coronavirus outbreak.

In the wake of widespread speculation on Singapore’s growth – whose view of the industry as the scale of global health – all eyes are on the latest data of the US economy. .

The money went down well against its rivals pushing ahead with the numbers, which analysts predicted would be “real” damage.

Federal Reserve Chairman Jerome Powell said Wednesday that the US Treasury would continue to see a “significant” surge in liquidity, while acknowledging that it would have a positive impact.

His words reached the G20 audience to hold the rally over the phone, hoping that they would join the coalition behind a group of government leaders who had been slow to fill the gap. accident.

The coronavirus will put Britain and the euro area at risk this year, with their business expected to be reduced by two percent, global news agency S&P Global has warned on Friday.

“Fiscal increases shipment of less than $ 3 trillion from Germany and US brings two days of blockbuster rallies” to markets, said Fiona Cincotta, a consultant at the trade group. City Index.

“But time has flown by and traders are asking how the realities of economic performance can be achieved and start to show through data.”

At close to 1115 GMT, the profit margin dropped after the FTSE 100 dropped 1.4 percent.

In the Eurozone, Frankfurt melted 1.1 percent, Paris lost 1.9 percent, Milan gave up 0.8 percent and Madrid lost 1.4 percent.

“There are a few nires before the release of what has been the most anticipated of weeks that have not been done in the United States,” said Jasper Lawler, head of consumer research London Capital Group.

“US insurance is expected to extend this week. Many businesses are taking steps to make ends meet in terms of travel and residency restrictions.

“Inconsistent estimates for spending 1.5 million jobs per week. If we see a number above two million, markets for another public fund or bailout will start local library, “Lawler added.

Micah Hewson, a reviewer of CMC Markets, said the numbers “could go great wrong” and spoke to some of their plots around the four-million-dollar mark.

In Asia on Friday, Tokyo’s capital stock closed at 4 percent after dropping five percent three days earlier, with Hong Kong melting 0.7 percent and Shanghai declining 0.6 percent.

Singapore has moved more than one percent as the city says it has come together to increase the risk of contracting the virus.

Compared to the first quarter, GDP declined by 10.6 percent, despite declining global markets.

“Singapore has produced some really good rockets,” Cincotta said.

“GDP is forecast at an annualized rate of 10.6 percent, the fastest pace of employment of one year.

Singapore has suffered the worst since the financial crisis over the death of coronavirus Photo: AFP / ROSLAN RAHMAN

“This just gives us a better future. The global labor market is really turning the tide.”

As Singapore shouts, other Asian stock markets have risen, with players catching up after it closed on Wednesday.

Workers are busy delaying the arrival of US senators following a backlash against international competition after releasing details.

The $ 2 trillion US stimulus he did not have – described by Senate Majority Leader Mitch McConnell as a “major spending target” – helped push the global financial markets closer than ever. the week.

London – FTSE 100: OK 1.4 percent at 5,611.54 places

Frankfurt – DAX 30: LINE 2.1 percent to 9,672.27

Paris – CAC 40: ONLY 1.9 percent at 4,349.36

Milan – FTSE MIB: Sold 0.8 percent at 17,105.31

Madrid – IBEX 35: Discussed 1.4 percent at 6,848.00

EURO STOXX 50: LOT 2.0 percent at 2,743.22

Tokyo – Nikkei 225: SIZE 4.5 percent to 18,664.60 (approx)

Hong Kong – Hang Seng: up 0.7 percent at 23,352.34 (approx)

Shanghai – Deposits: RISK 0.6 percent at 2,764.91 (approx)

Newspaper – Dow: UP 2.4 percent at 21,200.55 (approx)

Euro / dollar: UP at $ 1.0965 from $ 1.0883 at 2230 GMT

Currency / yen: FULL at 109.87 yen from 111.20 yen

Cost / Cash: UP at $ 1.1962 from $ 1.1890

Euro / pound: UP at 91.64 pence from 91.51 pence

Brent North Sea note: Reward 1.1 percent to $ 27.08 per bar

Midwest Texas: That’s 2.8 percent of $ 23.80 per bar

. (tagToTranslate) large