The US Dollar was able to keep most of the gains its made overnight though worries over the Coronavirus pandemic have kept market players on edge. On a global basis, the virus has been reported in at least 140 countries, with nearly 200,000 confirmed cases and more than 7,500 deaths. […]
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Japanese Exports Lower in February – 18 March 2020
Japanese exports fell for the 15th consecutive month in February, as shipments to the United States and China contracted. The trade balance had a surplus of 1.110 trillion yen, the biggest since September 2007. According to the data released by the Japanese Ministry of Finance, exports fell by 1 percent […]
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Mnuchin Warns on U.S. Unemployment Rates – 18 March 2020
The United States has enjoyed historically low unemployment rates in recent years, but Treasury Secretary Steven Mnuchin warned Republican senators on Tuesday that this situation is likely to crash and burn if a proper stimulus package is not passed. He predicted unemployment rates of up to 20 percent if no […]