Stimulus hopes buoy global markets
Equities gain ground as the expectation of global interest rate cuts to soften the blow of the coronavirus steadies nerves
02 March 2020 - 12:54
London — World stocks markets regained a measure of calm on Monday as the hope for a raft of global interest rate cuts to soften the economic blow of the coronavirus steadied nerves and drove US treasury yields close to 1%.
After last week’s worst plunge for equities markets since the depths of the 2008 financial crisis, it was always going to be a wild ride...
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