Daily Management Review
Economics

JPMorgan expects rally on exchanges despite Omicron spread

JPMorgan analysts predict that the spread of the omicron strain will not stop the rally in stock exchanges. They believe vaccines and new coronavirus drugs will help cope with it. JPMorgan strategists predict that the new strain of coronavirus will not stop the growth in the global stock market,...

Fed's Jerome Powell Hints Fed’s December Meeting Could Decide On Faster Bond-Buying Tapering

US Federal Reserve Chair Jerome Powell has said that central bankers of the country would consider the ending their asset purchases a few months earlier than expected in their scheduled meeting in December as Powell cited a robust economy, but stagnant job growth, and high inflation that is...

Rating Agencies Warn Of Risks To Global Economic Recovery Posed By Omicron Covid-19 Variant

After the World Health Organization declared the Omicron Covid-19 variant held a very high risk of infection increases, rating agencies Fitch Ratings and Moody's Investors Service cautioned that the variety might damage global economic prospects while also pushing costs higher.   "The...

Negotiations on Iran nuclear deal resume in Vienna

Talks between the US and Iran on a return to the terms of the nuclear deal have resumed in Vienna. Iran considers a prerequisite for the resumption of the deal to be the lifting of US sanctions, which President Donald Trump imposed in 2018. He attributes his actions to the build-up of its nuclear...

Oil Demand Recovery Threatened By Omicron Following Hit Due To Rising Covid-19 Cases In Europe

Asian crude refiner's margins plummeted to their lowest levels in almost five months, amid concerns about this Omicron coronavirus variant could cause another setback to the oil demand growth, already battered by the rising number of Covid-19 instances in Europe.   International governments...

Capital Economics: Asia keeps low inflation and stable supplies

Capital Economics: Independent macro researchhttps://www.Asia is still the only area that hasn't witnessed a significant increase in inflation. According to Capital Economics specialists, because these nations haven't imposed long-term limitations, there hasn't been a jump in demand when the limits...

WTO The First Major Diplomatic Casualty Of New Breakout Of New Coronavirus Variant Outbreak

The new coronavirus strain that was very recently identified in South Africa has force the World Trade Organization (WTO) to postpone its meeting of its ministerial committee for the first time in the last four years due to the degrading Covid-19 situation being caused by the new virus. The WHO...

Global Investors Continue To Favour China Over “Overvalued” India

In a shift in the two largest emerging markets, investors with billions of dollars in their portfolios are gradually beginning to favour China over India and reverse the trend of the past year that has pushed markets in opposite direction.   BlackRock Inc. has upgraded Chinese stocks as the...

New Coronavirus Variant Rattles Investors, Global Share Take A Hit

Global stock markets have plummeted following the discovery of a new Covid strain prompted concerns about the economy's recovery.   The FTSE 100 index in London fell over 3%, while markets in Germany and France also fell as a result of Asian market declines.   Airlines and travel...

Cryptocurrencies Are Set To Be Banned In India

In a long-anticipated law, India is prepared to move through with its aim to prohibit most cryptocurrencies in the nation.   In recent months, there has been growing speculation that the government will change its stance on digital currencies.   The prohibition would apply to all...
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