Asia stocks slide as coronavirus fears return

Global stocks rally on treatment hopes, currencies await ECB

By Administrator_India Capital Sands Asian stocks rose to a fresh seven-week high on Thursday, lifted by encouraging early results from a COVID-19 treatment trial, though bonds and currencies held cautious ranges ahead of a European Central Bank meeting later in the day. Anthony Fauci, the top U.S. infectious disease official, said Gilead’s antiviral remdesivir will […]

Europe Weakens as Economic Damage Mounts
European stock Forex Analysis Global Stock trading

Europe Weakens as Economic Damage Mounts

By Administrator_India Capital Sands European stock markets weakened Wednesday, after a five-day rally, as investors reined in their bets on a swift and thorough economic rebound later in the year. At 3:45 AM ET (0745 GMT), the U.K.’s FTSE index traded 1.2% lower, France’s CAC 40 was down 1.3%, while the DAX fell 1.6%. The broader based Stoxx 600 Europe index climbed 2%. […]

Trump to refocus coronavirus task force on economic revival, concedes risks
Global International

Trump cuts WHO funding over coronavirus, global death toll mounts

By Administrator_India, Capital Sands U.S. President Donald Trump on Tuesday halted funding to the World Health Organization over its handling of the coronavirus pandemic, drawing condemnation from infectious disease experts as the global death toll continued to mount. Trump, who has reacted angrily to criticism of his administration’s response to the worst epidemic in a […]