Saturday, April 4, 2020

Coronavirus: world stock markets in freefall as Nigeria records first case – latest updates

New Zealand and Lithuania also report first cases as WHO says epidemic could get ‘out of control’. Follow live news

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6.54am GMT

I’ll be handing over to my colleagues in London shortly, but here’s a quick look at the latest developments.

6.44am GMT

The bloodletting has ended – for now – in some key Asia Pacific markets. They’re still going in China and getting ready for heavy losses in Europe and the US.

European Opening Calls:#FTSE 6532 -3.89%#DAX 11826 -4.38%#CAC 5283 -3.86%#AEX 539 -3.78%#MIB 21846 -4.18%#IBEX 8643 -3.82%#OMX 1655 -3.86%#STOXX 3316 -4.04%#IGOpeningCall

With the risk off sentiment also driving #markets in #Asia–and not just Europe and the US–the yield on 10-year US Government #bonds has been #trading at new record lows (chart below), #oil prices remain under pressure and #stocks in #Japan are down almost 4%.#economy @markets pic.twitter.com/vtUpqc4gzS

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Original Article : HERE



from AllAbout https://allabout.pw/coronavirus-world-stock-markets-in-freefall-as-nigeria-records-first-case-latest-updates/

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