UK and US had worst days trading since 2008 GFC; Global cases near 110,000; Grand Princess passengers disembark. Follow the latest news.
- Italian PM extends lockdown to entire country
- British couple on holiday ‘left infections everywhere’
- Europeans warned to expect months of disruption
- White house says ‘business as usual’ as Trump plays down threat
- Coronavirus latest: at a glance
Staying with market news for the moment:
Asian markets have reacted positively to Donald Trump’s announcement
The US president on Monday proposed measures including working with hourly wage earners to ensure they can take time off and creating loans for small businesses so they can weather the coronavirus outbreak.
Markets rallied in Asia on the back of the announcement and S&P 500 futures are also up, signalling that the US markets will open up on Tuesday.
But it’s very volatile and it’s not certain that the rally will hold.
Nikkei falls today again after an already bad day on JPY strength and all sorts of problems - supply & demand, cyclical & structural, etc etc.
Has erased Abenomic gains & kind of a combo of U-shaped & L-shaped or M-shaped in the making pic.twitter.com/VvsaZVruSb
from The Guardian https://ift.tt/2vJ1h8M
