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9 Mar 2020

UK PM Johnson: We remain in contain phase of coronavirus outbreak

"We remain in the contain phase of the coronavirus outbreak," British Prime Minister Boris Johnson told reporters on Monday and noted that they are making extensive preparations to move into the delay phase.

"We will set out further steps in days and weeks ahead to help people protect themselves, particularly the elderly," Johnson added.

UK financial markets plunge on Monday

The UK's FTSE 100 Index closed the day more than 7% lower and the 10-year government bond yield hit a new all-time low on Monday at 0.074%.

Mar 9, 2020

OPEC countries lose $500 million a day in oil price crash - Reuters

According to the latest Reuters calculations, the ugly OPEC and its allies (OPEC+) fallout triggered Saudi Arabia’s price war that ensued the massive
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Mar 9, 2020

GBP/USD Price Analysis: Pound trading in five-week’s highs near 1.3140 level

GBP/USD rebounded sharply from above 1.2700 and the 2020 lows to hit the 1.3200 figure five days later. The pound seems en route toward the 2020 highs.
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