Insights

Feb 4, 2020
Markets views on coronavirus do a 180

Tuesday’s continued bounce comes after a Reuters report said China’s central bank could cut its key lending rate as well as banks’ reserve requirement ratios (RRRs) in the coming weeks to support economic growth. The report came a day after the People’s Bank of China unveiled liquidity injection measures to the tune of more than […]

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By MoneyWay
Jan 31, 2020
U.S. airlines canceling all flights to mainland China, stock markets fall

Equity markets fell across the board this morning, erasing all of January’s gains for the Dow. Investors are growing more and more worried about the potential economic impact on not just China but the rest of the world. Adding to this was the announcement by Delta and American airlines suspending all flights to China. Some […]

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By MoneyWay
Jan 30, 2020
Coronavirus deaths still limited to China outbreak now larger than SARS

More than 8,200 cases have now been confirmed globally, outpacing the total number of infections over the nine-month SARS outbreak in less than a month. As of Thursday morning, there were 8,123 confirmed cases in mainland China alone, according to Chinese state media, and more than 100 cases elsewhere around the world. The new virus […]

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By MoneyWay
Jan 23, 2020
Coronavirus now deemed to spread more easily

The Wuhan coronavirus that has killed at least 18 people and infected more than 650 spreads more easily from person to person than previously thought, according to a World Health Organization (WHO) official. They are now seeing second and third generation spread, third generation means that someone who became infected after handling animals at the […]

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By MoneyWay
Jan 21, 2020
Markets are now worrying about a new coronavirus

The outbreak of a new coronavirus stemming from Wuhan, China, has killed six people and afflicted nearly 300 others ahead of the Lunar New Year holiday during which hundreds of millions of people are expected to travel. Chinese officials have confirmed that it can spread between humans and said 15 medical staff have now been […]

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By MoneyWay
Jan 20, 2020
U.S. holiday, markets are quiet

Today is Martin Luther King Day in the U.S. Markets are closed there, however elsewhere, markets are basically either side of being flat with traders waiting to see what the week brings.  In terms of the Canadian dollar, analysts are waiting for the Bank of Canada on Wednesday, not will it issue its interest rate […]

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By MoneyWay

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