futures on the index of the american Stock exchange, Standard&Poor's 500, fall, they, too, surpassing the maximum threshold of less than 5% which triggers the limits to trading. The yield on the Treasury bill ten-year Us drops suddenly to 24 basis points by touching a historic low of 0,529%. These are all signs of a situation on the financial markets that verges on panic, over the weekend there has been an accumulation of tensions that could lead to a reopening of markets to the pulse-pounding. The fall in the price of crude oil had already started in the previous weeks due to the effect of the slowdown of global growth: the quarantine measures taken to cope with the epidemic have affected the production and consumption in China, Japan, South Korea, Italy. We added a tug of war between Saudi arabia and Russia, two of the largest manufacturers-exporters of fossil energy.
faced with the falling prices, instead of cutting production, the Riad has decided to increase and support markets by reducing its prices, in open contrast with what he would have wanted to Fly. The result was a further downward pressure during the weekend and at the opening of the asian markets. The stock markets follow, in their turn, by recording all of the signals affected. The decline in yields on the Treasury Bond of the americans is also a signal of expectations of a recession, and further cuts to the cost of money by the Federal Reserve (which a week ago has already cut 0.5% rates).
The heavy atmosphere contributed to the Italian measures of isolation: in the course of the weekend, there is a widespread expectation that other western nations may be forced to take measures of a similar nature, with a knock-on effect on economic activity. In the United States in particular, several experts of epidemics of infectious, including some of the leaders of health agencies federal, have assumed the necessity of an approach much more hard to the containment of the epidemic compared with the measures of relatively mild that have been taken so far.
"The Republic will fight always in defense of the freedom of information, to its readers and to all those who have at heart the principles of democracy and civil coexistence"Carlo Verdelli SUBSCRIBERS TO REPUBLIC © Reproduction reserved Today on the Count: “our sacrifices for the good of all. We follow the rules, and Italy will raise up” The fear of fear Coronavirus, the duel with the Regions and the leak. But the government does not exclude other restrictions on The Country's Upside-down of the coronavirus family is divided between North and South: “there is No lightness”