The Day Today

"Elevenses" - 23rd March 2020

  • Fed announces new measures including open-ended asset purchases
  • Hong Kong readies for a second wave of the virus
  • South Korea fewest new virus cases since Feb 29th peak
  • TVIX.O is an exchange traded product that trades like a stock tied to movements of Wall Street’s “fear gauge”,

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"The Day Today" - 23rd March 2020

  • Fed’s Bullard sees US unemployment 30% and GDP -50%
  • National Bureau of Economic Research panel member and Harvard University professor James Stock said “reasonable scenario that we might be in this lockdown setting for quite a while,

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"The Day Today" - 20th March 2020

  • California issued a stay at home order
  • Cathay Pacific reduces passenger capacity by 96%
  • Fed balance sheet has reached a record $4.7trn
  • China central bank adviser says they have room to cut the Reserve Requirement Ratio
  • G7 June meeting at Camp David sees in-person meeting cancelled, 

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