Posts Tagged ‘Wuhan’

Week in Review: Worst Quarter for Stock Markets Since 2008

Major indices across the globe closed lower for the week, rounding off their worst quarterly performances since 2008. The stock market response to efforts to contain the global coronavirus pandemic has been sharp and rapid with most indices down between 20 to 30 percent in little more than a month. However, the magnitude of the…

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Week in Review: Lockdown

Quarantines have now been imposed in the United Kingdom, Australia, France, Germany, Switzerland, Austria and South Africa, among others. Italians have now been quarantined for more than two weeks – and the pandemic’s surge in the country finally appears to be slowing. To date the most new cases Italy has seen in a single day…

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Week in Review: Central Banks Take Coordinated Action

Financial markets endured another week of extreme volatility as the number of coronavirus cases globally continues to rise. The social-economic trade-off of social distancing adopted by most countries across the globe will significantly impact global economic growth and employment in the first half of this year. To counteract this, major central banks and governments around…

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Week in Review: Virus Emergency

Global equity markets finished sharply lower over the week after the World Health Organization declared the coronavirus (“COVID-19”) a global pandemic. The declines pushed the major indexes well into bear market territory with the onset being the fastest in history and the Dow suffering its worst daily decline since 1987. The Cboe Volatility Index (VIX)…

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Coronavirus – Update

We don’t yet know how dangerous the new coronavirus disease (COVID-19) that was first reported in Wuhan, China, on 31 December 2019 is, and we won’t know until more data becomes available. What we do know is that the probability of dying if infected by the virus is significantly higher for vulnerable members of the…

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For COVID-19 updates, visit the South African Government's official portal www.sacoronavirus.co.za