The purpose of this website is to be a place for learning and discussion. The website and each tutorial topics do not encourage anyone to participate in trading or investment of any kind.
Any information shown in any part of this website do not promise any movement, gains, or profit for any trader or non-trader.

.

Author Topic: Asian stock market opens positive Responding to the US measure to Covid-19  (Read 804 times)

Jasier

  • Guest
Asian stock markets opened up today. According to the Dow Jones Index, the New York stock market closed up more than 1,000 points last night, driven by the US government's economic recovery measures. And as the Federal Reserve announced a bond repurchase plan to increase liquidity in the financial system These measures are aimed at reducing the effects of the outbreak of the Covid-19 virus.

NIKKEI 225 Japanese stock market opened today at 17,154.08 points, up 142.55 points, + 0.84%. SSE Composite Index Chinese stock market opened today at 2,792.32 points, up 12.68 points, + 0.46%. HSI Hong Kong stock market opened today at 23,023.34 points, down. 240.39 points, -1.03% KOSPI, South Korea stock market opened today at 1,686.12 points, up 13.68 points, + 0.82%. TAIEX, Taiwan stock market opened today at 9,453.98 points, up 14.35 points, + 0.15%. FTSE STI Singapore stock market opened today. At 2,472. 53 points rose 18.00 points, + 0.73%. The FBMKLCI Malaysia stock market opened today at 1,254.43 points, down 2.15 points, -0.17%.

US Treasury Secretary Steven Manuchin announced that the government will grant emergency funds to Americans over the next two weeks. While businesses can postpone tax payments of up to $ 10 million, individuals can postpone $ 1 million in taxes by President Donald Trump. Trump has approved a postponement of the tax to the United States Revenue Department, totaling $ 300 billion.

In addition, the White House also has an economic stimulus package of $ 85 billion. Which includes a $ 50 billion credit limit for the aviation industry While President Trump pledged that The government will take a big action. Which will not let the airline business suffer bankruptcy And will not let Americans lose their jobs

The New York Fed announced the repurchase of $ 50 billion in bonds yesterday. To increase liquidity in the financial system Which the said operation has occurred After the Fed announced the repurchase of US $ 50 billion in bonds on Monday. And injected 1.5 trillion dollars into the banking system last week While also adding the type of securities for the purchase of Fed bonds. To reduce the effects of the outbreak of the Covid-19 virus



 

Related Topics

  Subject / Started by Replies Last post
0 Replies
891 Views
Last post March 03, 2020, 06:11:38 AM
by dc
0 Replies
707 Views
Last post July 07, 2020, 02:35:35 AM
by Trukr
0 Replies
527 Views
Last post November 25, 2020, 06:30:05 AM
by moklo
0 Replies
490 Views
Last post July 07, 2021, 03:54:54 PM
by Toxapex
0 Replies
484 Views
Last post October 15, 2021, 03:21:55 AM
by Gigi Hadid mit


-

Discussion Forum / 论坛 / منتدى للنقاش/ Diễn đàn thảo luận/

-
Disclaimer : The purpose of this website is to be a place for learning and discussion. The website and each tutorial topics do not encourage anyone to participate in trading or investment of any kind. Any information shown in any part of this website do not promise any movement, gains, or profit for any trader or non-trader.

By viewing any material or using the information within this site, you agree that it is general educational material whether it is about learning trading online or not and you will not hold anybody responsible for loss or damages resulting from the content provided here. It doesn't matter if this website contain a materials related to any trading. Investing in financial product is subject to market risk. Financial products, such as stock, forex, commodity, and cryptocurrency, are known to be very speculative and any investment or something related in them should done carefully, desirably with a good personal risk management.

Prices movement in the past and past performance of certain traders are by no means an assurance of future performance or any stock, forex, commodity, or cryptocurrency market movement. This website is for informative and discussion purpose in this website only. Whether newbie in trading, part-time traders, or full time traders. No one here can makes no warranties or guarantees in respect of the content, whether it is about the trading or not. Discussion content reflects the views of individual people only. The website bears no responsibility for the accuracy of forum member’s comments whether about learning forex online or not and will bear no responsibility or legal liability for discussion postings.

Any tutorial, opinions and comments presented on this website do not represent the opinions on who should buy, sell or hold particular investments, stock, forex currency pairs, commodity, or any products or courses. Everyone should conduct their own independent research before making any decision.

The publications herein do not take into account the investment objectives, financial situation or particular needs of any particular person. You should obtain individual trading advice based on your own particular circumstances before making an investment decision on the basis of information about trading and other matter on this website.

As a user, you should agree, through acceptance of these terms and conditions, that you should not use this forum to post any content which is abusive, vulgar, hateful, and harassing to any traders and non-traders.