covid-19
March 26, 2020
As global stock markets rallied on Tuesday this week, investors are looking to ‘new world’ sectors and businesses as the world adapts to life with coronavirus and looks towards an economic recovery.
Over time we’ve seen every economic downturn generate a new normal, and the one being sparked by the COVID-19 pandemic will be no different.
The impact of the coronavirus spread has reached companies across the globe, causing vast international disruption,
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March 26, 2020
Coronavirus is likely to deliver the bloodiest nose to the pound, more so than Brexit and the financial crash of 2008-2009.
The pound dropped to its lowest level on record on Tuesday against the currencies of the UK’s major trading partners.
The Bank of England announced that the exchange rate, which is gauged against a basket of currencies corresponding to Britain’s trade flow, declined to 72.9. There was a slight increase on Wednesday to 74.4.
These
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March 18, 2020
deVere is now offering free financial advice to anyone across the globe on a remote basis.
As reported by International Investment, International Adviser, Fintech Finance, Financial Reporter, Money Management, Private Banker International, Financial Standard and Mortgage Introducer, amongst other media, we made the decision to launch our Contactless Advice service for four key reasons.
First, social distancing is at present the only way we can combat the
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March 16, 2020
The way in which the world recovers from a coronavirus-triggered recession will lead to a profoundly different way of how we live, do business and invest.
Consensus is mounting across the globe that a temporary global recession is forthcoming and as governments and central banks grapple to attempt to curb the impact.
Indeed, on Sunday, the United States Federal Reserve reported another interest rate cut, its second emergency measure undertaken in
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March 9, 2020
A global recession is now almost inevitable in 2020.
Monday has seen global stocks and government bond yields decline after oil prices nosedived by near to 30%, as I discuss in this short video.
This is oil’s sharpest one-day fall since the Gulf War in 1991, further driving the global stock market sell-off that got underway a fortnight ago on fears the Covid-19 outbreak will severely affect economic growth.
Every major stock market around the world is
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