Global Easy Forex's Forum - 外汇论坛 - منتدى فوركس
General Category => General Discussion => Topic started by: dc on March 03, 2020, 06:11:38 AM
-
Asian stock market opens positive Receive hope. National banks around the world join hands with Covid-19.
Asian stock markets rose this morning. Driven by the forecast that The central bank around the world, including the Federal Reserve (Fed), will cooperate with organizations such as the International Monetary Fund (IMF) and the World Bank to issue measures to reduce the effects of the Covid-19 virus.
The NIKKEI 225 Japanese stock market opened today at 21,651.99 points, up 307.91 points, + 1.44%. SSE Composite Index Chinese stock market opened today at 3,006.89 points, up 35.96 points, + 1.21%. HSI Hong Kong stock market opened today at 26,419.13 points. 127.45 points, + 0.48%. TAIEX, Taiwan stock market opened today at 11,279.86 points, increased 109.40 points, + 0.98%. KOSPI index, South Korea stock market opened today at 2,051.85 points, increased 49.34 points, + 2.46%. FTSE STI Singapore stock market opened today. At 3032.35 points, up 24.63 points, + 0.82% Malaysia stock market index FBMKLCI opened today at 1476.30 points, up 9.36 points, + 0.64% Philippines PSE Composite Index opened at 6854.90 points, up 105.62 points at + 1.56%.
Central banks around the world will join forces with leading organizations such as the IMF and the World Bank to take measures to deal with the effects of the Covid-19 virus. Fed Chairman Jerome Powell vows that The Fed will use appropriate tools and measures to support the economy. At a time when the economy is at risk of being affected by the outbreak of the Covid-19 virus. By expressing the opinion of Mr Powell, investors are expected to The Fed will cut interest rates at the meeting on 17-18 March.
While BOJ Governor Haruhiko Kuroda insists that the BOJ will make every effort to stabilize the financial market. Which includes providing sufficient liquidity And ensuring that the financial markets will remain stable
Louis de Guindos, vice president of the European Central Bank (ECB), said the epidemic of the Covid-19 virus Has increased uncertainty about the growth trend of the global economy and the ECB is ready to take measures to reduce the impact of the spread of the virus.
The IMF and the World Bank have announced their readiness to assist member countries in the mitigation of the effects of the covid-19 virus. It will also focus on the poorest countries with the weakest public health systems and the most at risk population, with the IMF and the World Bank using the full tools available. Which includes providing emergency funds Policy consultation And technical assistance