Oil Spill: Crude's Historic Plunge Puts New Pressure On Reeling Stock Market

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Oil Spill: Crude's Historic Plunge Puts New Pressure On Reeling Stock Market

Key Takeaways: Crude plunge spills over into stock market as futures fall limit-down overnight; 10-year yields slide to new all-time lows below 0.4% in early going; Stocks on pace to make new lows for recent downturn. Overnight, it’s gone from being a …
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Pimco's Fels Says Worst Is To Come With Recession Forecast

The U.S. and Europe face the “distinct possibility” of a technical recession in the first half as the coronavirus outbreak dampens demand and supply and drives investors to safe havens, according to Pimco’s Joachim Fels. “The worst for the economy is still to …
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What Is Really Going On Inside Saudi Arabia?

Bloomberg News has learned that members of the Allegiance Council, a group that votes on matters of succession, have been told that Prince Ahmed
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Pound exchange rate: how GBP has changed vs the euro and dollar during the coronavirus outbreak, and today's price

The pound is stronger against the dollar, but weaker against the euro, as concerns over the virus shake the global economy. By Anna Behrmann. Monday, 9th March 2020, 1:26 pm. Updated in 13 hours. A £1 coin with a US dollar bill and 1 euro coin (Photo …
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Fed's Credit Crunch Pressure, US Trade Patience, Oil: Eco Day

Here's the latest news and analysis from Bloomberg Economics to help you start the week: The Federal Reserve is under intensifying pressure to
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