In the middle of March, Robert Koch Institute (a major German research institute subordinate to the Ministry of Health) warned that the new coronavirus pandemic may last into 2021. The global quarantine, and the economic recession with it, promises to stay there for just as long. Considering the situation, it …
Tuesday, March 31st—today's news: the first quarter of 2020 may become the worst in history for oil prices. Amid the global crisis, investors return to Chinese markets, Moody's changed its outlook on the US corporate debt to negative. EUR/USD is at 1.0978, GBP/USD—1.2341, both falling; Brent oil is $23.53 per …
Monday, March 30th—today's news: US, UK, and EU authorities say the lockdown may last up to 6 months. Futures return to negative trends and volatility after the last week's rally, analysts warn about a looming food crisis due to the coronavirus. EUR/USD is at 1.1084, GBP/USD—1.2405, both falling; Brent oil …
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