US $1.8 trillion Support Package (25th March 2020)
US Support Package Announced American President Donald Trump, and the Senate, have sanctioned a huge relief package for the American economy… worth more than $1.8 trillion (£1.5tn). This includes money to ‘bail out’ industries that have been affected by the coronavirus crisis. It was described, by Republican Senate Majority leader
Coordinated Central Bank Intervention! (15th March 2020)
Coordinated Intervention in Markets This evening, Sunday 15th March 2020, five central banks across the World took coordinated action… see the BBC report below! ? I’ll be setting up an interim webinar for Inner Circle members to discuss the ongoing situation, so watch out for an e-mail with registration details
Interest Rate : Emergency Cut (11th March 2020)
Bank of England Cuts Interest Rate by 0.5% At 7am this morning, in a response to the economic impacts of the Coronavirus, the Bank of England Monetary Policy Committee (MPC) has cut interest the BoE interest rate by 0.5% (from 0.75 to 0.25%) matching the record low level that was
Ominous Signs (5th March 2020)?
All-Share Index (ASX) Graph The trend is your friend… unless and/or until it goes against you, when it can become resistance! The All-Share Index Graph (see below) is showing a few ominous signs, after it closed down again last night (5th March 2020). This comes against the back drop of
Federal Reserve Cuts Interest Rates (3rd March 2020)
Emergency Rate Cut, as Coronavirus Spreads This afternoon (3rd March 2020), the US Central Bank (Federal Reserve) has announced an emergency cut of 0.5% in the interest rate. See the BBC article here! The Chairman of the Fed (Jerome Powell) was quotes as saying that the “US economy remained strong.