World > US

Forex Today: Coronavirus woes flag recession risks across Asia as China stimulus calms nerves

5 monthes ago   |   By FXCM

Amid the rising death toll and new coronavirus cases reported in China, the support measures implemented by Beijing reassured investors. The Asian equities edged back towards a three-week high amid a better market mood while S&P 500 futures also gained 0.25%. However, the US Treasury yields traded modestly flat, which left the US dollar broadly subdued, still close to multi-month highs.
In currency markets, AUD/USD caught a fresh bid-wave and jumped towards 0.6740 after the Chinese central bank pumped in CNY300 billion into the system to cushion the blow from the negative economic impact...
Read more ...

 


Search by Tags

   US      Economics      Tax      Banking      Asia      Markets      Economy      Investor      New Zealand      Trade  


Guardiola proved right as Man City humble European kings to edge closer to glory

Guardiola proved right as Man City humble European kings to edge closer to glory

The Spaniard's side dominated 13-time champions of Europe Real Madrid - and they now stand just three victories away from lifting a historic Champions League title Read more ...

English trio play themselves into contention at US PGA Championship

English trio play themselves into contention at US PGA Championship

Tommy Fleetwood fired a brilliant second round of 64 to lead a three-pronged bid for an extremely rare English success in the US PGA Championship in San Francisco. China's Li... Read more ...

Terri Harper draws with British rival Natasha Jonas to retain world title

Terri Harper draws with British rival Natasha Jonas to retain world title

Harper was making the first defence of her world title in Eddie Hearn's back garden and made light work of Jonas Read more ...

What channel is Juventus v Lyon on? Kick off time, live stream and latest...

What channel is Juventus v Lyon on? Kick off time, live stream and latest team news

Juventus welcome Lyon to Turin on Friday for a huge UEFA Champions League clash after a five-month break to European football. Lyon won the first leg 1-0 back in February... Read more ...

Prince Harry accuses social media companies of creating ‘crisis of hate'

Prince Harry accuses social media companies of creating ‘crisis of hate'

Harry and Meghan are calling on companies to withdraw advertising from social media platforms until change comes about The Duke of Sussex has accused social media platforms of... Read more ...

Friends reunion special filming ‘delayed again due to coronavirus'

Friends reunion special filming ‘delayed again due to coronavirus'

The long-awaited Friends reunion has been pushed back once again The long-awaited Friends reunion was announced just before coronavirus began to shut down most of the world... Read more ...

What you need to know about Maine's US Senate election between Susan Collins...

What you need to know about Maine's US Senate election between Susan Collins and Sara Gideon

GOP Sen. Susan Collins of Maine is facing the toughest re-election battle of her career against Maine State House Speaker Sara Gideon. For decades, Collins has cultivated a... Read more ...

Hamilton eyes ‘incredible' Silverstone double

Hamilton eyes ‘incredible' Silverstone double

Lewis Hamilton is firmly on course for the “incredible accomplishment” of Silverstone victories on back-to-back weekends after topping the FP2 timesheets for the 70th... Read more ...

What you need to know about the special election for US Senate in Georgia

What you need to know about the special election for US Senate in Georgia

Sen. Kelly Loeffler is running for a full term to the US Senate in a November 3 jungle special election. The candidates: Loeffler, a wealthy businesswoman and political... Read more ...

'The recovery didn't stop, but it slowed': Here's what 5 economists are...

'The recovery didn't stop, but it slowed': Here's what 5 economists are saying following July's jobs report

The July jobs report released Friday showed that US employers added 1.8 million jobs during the month and that the unemployment rate declined to 10.2%. That beat economist... Read more ...