The Covid-19 took not only lives but resulted in the largest financial crisis of the recent decades. States of emergency, lockdowns, curfews, stay-at-home orders, shutdowns of businesses, travel bans, and other actions harmed the global economy greatly. Many businesses had to leave the market or limit operations – resulting in an increment in unemployment.
Check how the Covid-19 pandemic affected the markets and economy with FinanceBrokerage.com authors and analysts. Track how the economy got into the crisis and how it managed to recover with us!
New Zealand Economy: Weekly Drop in Stocks of 0.4%?
The New Zealand economy is heavily reliant on dairy and timber exports. Which are largely driven by Chinese…
Stock futures rise
Stock futures rose slightly Thursday after the S&P 500 fell.
Futures on the Dow Jones Industrial Average rose 122 points or 0.41%. The…
Chile's Economy: It may shrink in 2023 by 1.75% to 0.75%
The world's largest copper producer is part of Chile's economy. It is expected to experience a recession in…
Japanese Yen dropped Wednesday. What about the U.S. dollar?
The U.S. dollar traded in the narrow range on Wednesday, remaining mostly unchanged. However,…
U.S. dollar hit high against the Yen. What about Sterling?
The U.S. dollar skyrocketed by 0.7% versus the Japanese yen. It exchanged hands at 135.27 yen,…
Chinese Stocks Increased in Value
Chinese stocks surged on Monday after major Chinese cities loosened COVID-related restrictions, a promising development for an…
Copper reaches a three-week high
According to the theory, because copper is required for the production of electrical and electronic items, especially in our…
The U.S. dollar plunged to an almost five-month low. What about Euro?
The U.S. dollar hit almost a five-month low versus other major currencies on Friday.…
Stagflation
Our topic for today is stagflation, which comes to us by merging two words: stagnation and inflation. Economically speaking, it's adding insult to…
European Stock Futures Edge Lower
EU stock markets should open with minor losses on Friday as investors await the release of monthly U.S. employment data that could…
Indonesia decreases the benchmark coal price for December
Demand from China and India decreased. Indonesia set its benchmark coal price for December at $281.48 a…
U.S. dollar dropped while Japanese Yen hit a high on Thursday
The greenback plunged to three month-lows against the British Pound and Japanese yen today.…
Swiss Economy: Is it amidst inflation?
Visitors to Switzerland may find Swiss pricing to be outlandish when compared to their own currencies due to currency…
European stock rose
European equities and the euro rose on Wednesday as eurozone inflation slowed but remained high due to high energy prices.
Expectations that…
China represents over 20% of Sri Lanka's total external debt, according to a study
According to estimations by the China Africa Research Initiative Sri Lanka's…
Copper Price: What’s happening?
The fluctuation in the value of the currency used to price commodities typically affects a portion of their price. Since March 2022,…
Hong Kong Finishes 5% Higher
Hong Kong shares closed at session highs after Chinese health officials reported rising vaccination rates among the elderly, which…
Australia's Economy: dollars rebounds
Although Australia has some significant problems, dollar rebounds. It continues to have one of the world's strongest business…