Australian equities the only bright spot in sea of global stocks gloom
JPMorgan predicts global GDP could contract at a 10.5% annualised rate in the first half of 2020
30 March 2020 - 12:51
London/Sydney — Oil took another eye-watering 8% tumble on Monday and world shares buckled again as fears mounted that the global coronavirus shutdown could last for months.
There were some bright spots, with Australian equities posting a standout jump as the government launched a supersized support programme, but that was about it...
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