Tag: plunge

Australia takes advantage of oil plunge to build up reserves

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Australia takes advantage of oil plunge to build up reserves

Australia announced Wednesday that it intends to take advantage of the historically low price of oil to build up a strategic reserve of black gold to be located in the United States. With containment measures imposed to halt the spread of Covid-19, international demand for oil fell and prices plummeted. The economic situation is therefore ….  Read More

© Reuters. LES BOURSES ÉUROPÉENNES ÉVOLUENT EN HAUSSE

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Stock market Europe recovers but oil continues to plunge By Reuters

© Reuters. EUROPEAN SCHOLARSHIPS ARE GROWING by Laetitia Volga PARIS (Reuters) – The main European stock markets are rebounding Wednesday in the first exchanges after the rout of the day before in the wake of the collapse in oil prices. In Paris, the gain 0.57% to 4 382.14 points around 8:35 GMT. In Frankfurt, it ….  Read More

Asia, Europe, Wall Street ... the world stock markets continue their plunge

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Asia, Europe, Wall Street … the world stock markets continue their plunge

The further cut in rates by the US Fed and the announcement of concerted action by central banks were not enough to reassure investors about the economic impact of the Covid-19. The main European stock markets opened falling more than 5% on Monday, while they continued to dive in Asia. Wall Street is also continuing ….  Read More

With 361 dead, the coronavirus beats the deadly record for SARS: panicked stock markets plunge

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With 361 dead, the coronavirus beats the deadly record for SARS: panicked stock markets plunge

Three hundred and sixty-one dead: the balance sheet of the new coronavirus now exceeds that of SARS in mainland China, where a hospital, built in record time to cope with the influx of patients, was to open on Monday. After ten days off due to the Chinese New Year, the stock markets, panic-stricken by the ….  Read More