GAUGING THE STATE OF THE WORLD ECONOMY IN A PANDEMIC As the coronavirus outbreak caused outages in factories and reduced household and business spending globally, it is probably not too…
read moreEARNINGS SEASON AND PMIs TO DRIVE GLOBAL MARKETS Policymakers globally kept working on schemes to bolster their respective economies debilitated by the nCOVID-19 pandemic. In the US, House Speaker Pelosi and…
read moreFRESH DATA POINTS TO HELP GAUGE THE IMPACT OF GLOBAL LOCKDOWN The concluded OPEC+ oil supply agreement is similar in substance to that outlined last Thursday. According to the official…
read moreDATA REVEALS THE DEGREE OF GLOBAL ECONOMIC WEAKNESS IN MARCH During the week, the JP Morgan Global Composite PMI was released, showing a fall to 39.4 in March, the second…
read moreA DECADE-LONG ECONOMIC CYCLE COMES TO AN ABRUPT END It is no doubt that the global economy is going through a period of recession, due to the coronavirus’ overwhelming impact. In…
read moreTHE FED DEPLOYS TARGETED TOOLS, WHILST CAPITOL HILL STALLS Last week saw the Federal Reserve’s (Fed) comprehensive set of measures which were taken to reduce debt service costs, ensure credit…
read moreTHE FED HAS GONE ALL IN ON SUNDAY Despite the positive start of the year, the economic disruption caused by the Covid-19 has most likely led to a significant weakness…
read moreEMERGENCY, PAGING DR. BEAT In her 1984 classic, Gloria Estefan is paging Dr Beat, as she desperately needs ‘to ease the pain’ and is about to ‘go insane.’ This analogy relates…
read moreWILL THE POWELL PUTT STABILISE MARKETS? The rally in US Treasury yields (the 10-year slid to 1.10% by the end of Friday) and the double-digit decline in the S&P 500…
read moreCHINA SNEEZES AND THE WORLD CATCHES A COLD The coronavirus continues to dominate headlines. Although 21 Chinese provinces reported zero new coronavirus cases on the 22nd February, the number of new cases…
read more