The Day Today 26th March 2020

  • Senate passes $2trn now back to the House, probably Friday for the vote
  • China’s city of Xianning lifted lockdown but a new test means people cannot actually leave
  • Japan’s GPIF to raise ratio of foreign bonds in portfolio
  • Russia bans all foreign flight except those repatriating Russians
  • ECB opens itself to new court challenges as it will not apply its self-imposed limits on a coronavirus bond
  • Kosovo saw the collapse of their government over coronavirus row
  • Ford cut to junk by S&P Global Ratings

US equity markets saw their first back-to-back equity gains in a month last night in New York. Asia a bit more mixed and US equity futures all lower.
US Jobless claims as 12:30pm London time today range from 4.0m to 0.86m compared to 0.281m last week.

On this day in 1973 the Stock Exchange admitted women for the first time

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