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26 Mar 2020

New Zealand's Finance Minister: Jobless rate set to become significantly worse

New Zealand's unemployment rate is set to become significantly worse over the coming months, New Zealand's finance minister Grant Robertson said on Thursday. 

Economists expect New Zealand’s economy to contract by as much as 10%, pushing the jobless to levels not seen in almost 30 years due to the coronavirus outbreak, according to Bloomberg. 

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The government is able to issue new debt and the bond market continues to work. 

Mar 26, 2020

RBA to buy A$3bn government bonds on Thursday

The Reserve Bank of Australia (RBA) is considering buying A$3bn (US$1.8bn) of Commonwealth government bonds (ACGBs) with maturities between May 2021 a
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Mar 26, 2020

US coronavirus cases jump by 12,000 in one day, death toll tops 1000

According to the latest Johns Hopkins data published on Thursday, the number of coronavirus cases in the US jumped by a massive 12,000 in a single day
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