According to the International Monetary Fund, the global economy could suffer from the coronavirus pandemic even more than from the financial crisis a decade ago.
Information is not investment advice
The unprecedented amount of financial aid is to be voted by the US Congress and signed by the President this Wednesday. Stay calm, Mr. Market!
So the Fed comes to provide as many US dollars as it takes to keep going. How does the market respond?
The Bank of England’s Monetary Policy Summary will be announced on Thursday at 14:00 MT time.
US Monthly Durable Goods Orders will be announced on Wednesday at 14:30 MT time.
European Flash Manufacturing PMI will be announced on Tuesday at 11:00 MT time.
What are the most spectacular performances in 2020 in Forex and stock markets Read the article and find out.
Canada will post an update on change in core retail sales on March 20 at 14:30 MT time.
Australia will publish an update on employment figures on March 19, at 2:30 MT time.
Central banks act in order to help the economy cope with the negative effects of the coronavirus.
Is there much room left for the G-7 central banks' financial maneuvers? Read the article to see what to expect.
XAU/USD reversed down from the $1,700 area and dropped to $1,586 on March 12.