The Day Today

"The Day Today" - 2nd April 2020

  • Fed eased capital requirements for large banks
  • Moody’s changed the outlook for many banking sectors, Singapore, etc
  • RBNZ ordered the big four to stop paying dividends
  • China buys oil for state reserves
  • US says China concealed extent of virus outbreak
  • BA to suspend 36 000 staff

Global equity markets sold off heavily in  the fist trading session of Q2.

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"The Day Today" - 31st March 2020

  • China official PMI rose to 52 f/c 44.8 from 35.7
  • Japan Industrial Production rose 0.4% vs f/c 0.1%
  • Japan Retail Sales rose 1.7% vs f/c -1.2%
  • European regulators argue over short selling bans
  • President Trump said a nationwide stay-at-home order is “pretty unlikely”
  • WHO sees signs of stabilisation in Europe’s virus outbreak

US equity markets closed higher last night.

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