Global stock markets crash! Just now, the US stock market plummeted by another 1,000 points, and gold plummeted! The Americans are lining up to buy masks, the Japanese are lining up to buy toilet paper, and the Iranian epidemic will peak next week.
Follow China Fund News and get in-depth financial information in real time
China Fund News Taylor is bad. Faced with the spread of the pneumonia epidemic worldwide, the US stock market opened on the evening of the 28th and could not be supported. They fell more than 1,000 points and more than 4,000 points in six days. The global capital markets have been ruthlessly "slaughtered" like the financial crisis. Investors were stunned. On the evening of the 28th Beijing time, the US stock market opened lower on Friday, continuing the sharp decline yesterday. The US stock market plunged yesterday and fell into a correction range. The market is concerned that the rapid spread of the new coronavirus may cause huge damage to the global economy. The yield on the 10-year Treasury note hit another record low. The World Health Organization (WHO) says no country has survived the epidemic. The latest news is that WHO Director-General Tan Desai announced on the 28th that the global risk level of the new coronary pneumonia epidemic has risen from the previous "high" to "very high". The market remains highly concerned about whether the Fed will act in a timely manner. At 0:04 local time on February 28, the latest survey data from the Chicago commercial company "Fed Watch" shows that market participants expect the Fed to maintain the current interest rate in the range of 1.50% -1.75% in March with a probability of 0%. The probability of a 25 basis point rate cut is 81.5%, the probability of a 50 basis point rate cut is 18.5%, and the overall probability of a rate cut is 100%. Data from the previous day showed that the probability that the Fed will maintain the current interest rate in March is 63.5%, the probability of a 25 basis point cut is 36.5%, and the probability of a 50 basis point cut is 0%. The US stock market suffered another massacre, plunging more than 1,000 points on the evening of the 28th. US stocks opened on Friday. US stocks opened again. The three major stock indexes fell sharply collectively. After a brief rally shortly after opening, stock prices continued to plummet. In the end, they even lost 1,000 points. The fund manager calculated that in just 6 trading days, the Dow Jones Index fell by more than 4,000 points, a decline of more than 13%, which is rare in history. Some investors joked that this is no longer diving, it's just a cliff jump! Komal Sri-Kumar, the founder of Sri-Kumar Global Strategy, said that the bull market in the US stock market is no longer sustainable and is about to end. Even without new coronaviruses, surprisingly high valuations will end the bull market in the US stock market. If the new Crown epidemic spreads in the United States, the US stock market will suffer further selling. As of the press release, the Dow Jones index fell more than 3%, the Nasdaq index fell more than 2%, S & The P 500 stock market fell nearly 3%. The CBOE VIX volatility index, known as the "panic index", rose by more than 20% for the first time, setting a new high for more than a decade. St. Louis Federal Reserve President James Brad said on Friday that the Fed could cut rates if the outbreak worsens. James Bullard said he would support a rate cut if the coronavirus develops into a global epidemic, but the rate cut last year has underpinned the economy. "If the global pandemic really becomes a reality and the health effects are close to the common flu, it is possible to lower interest rates further, but this is not the current baseline situation," Brad said. Brad has no right to vote on monetary policy this year. On Friday, he delivered a prepared speech in Fort Smith, Arkansas. Money market traders are betting that if the coronavirus outbreak worsens significantly, the Fed may be forced to cut interest rates urgently. They pushed yields on U.S. benchmark government bonds to record lows. Traders have now digested the Fed ’s expectation of a 25-bp rate cut at its March meeting and expect to cut rates again in June. Brad has been one of the Federal Reserve's most modest policy makers, and sometimes has pioneered monetary policy changes, but he is not prepared to announce a rate cut on Friday, which has become necessary. He said the Federal Open Market Committee cut interest rates three times last year, putting the Fed in a good position to ensure protection from adverse effects. He added: "Global risk aversion has lowered US long-term interest rates, which could benefit the US economy." Brad said China's economic growth would be affected in the first quarter. Although the case growth rate there will slow, new cases elsewhere will continue to increase. He said US companies that operate or produce products in China will be affected. He said: "A temporary disruption in the global supply chain may "If the global pandemic really becomes a reality and the health impact is close to that of ordinary flu, it is possible to lower interest rates further, but this is not the current baseline situation." Brad has no right to vote on monetary policy this year. On Friday, he delivered a prepared speech in Fort Smith, Arkansas. Money market traders are betting that if the coronavirus outbreak worsens significantly, the Fed may be forced to cut interest rates urgently. They pushed yields on U.S. benchmark government bonds to record lows. Traders have now digested the Fed ’s expectation of a 25-bp rate cut at its March meeting and expect to cut rates again in June. Brad has been one of the Federal Reserve's most modest policy makers, and sometimes has pioneered monetary policy changes, but he is not prepared to announce a rate cut on Friday, which has become necessary. He said the Federal Open Market Committee cut interest rates three times last year, putting the Fed in a good position to ensure protection from adverse effects. He added: "Global risk aversion has lowered US long-term interest rates, which could benefit the US economy." Brad said China's economic growth would be affected in the first quarter. Although the case growth rate there will slow, new cases elsewhere will continue to increase. He said US companies that operate or produce products in China will be affected. He said: "A temporary disruption in the global supply chain may "If the global pandemic really becomes a reality and the health impact is close to that of ordinary flu, it is possible to lower interest rates further, but this is not the current baseline situation." Brad has no right to vote on monetary policy this year. On Friday, he delivered a prepared speech in Fort Smith, Arkansas. Money market traders are betting that if the coronavirus outbreak worsens significantly, the Fed may be forced to cut interest rates urgently. They pushed yields on U.S. benchmark government bonds to record lows. Traders have now digested the Fed ’s expectation of a 25-bp rate cut at its March meeting and expect to cut rates again in June. Brad has been one of the Federal Reserve's most modest policy makers, and sometimes has pioneered monetary policy changes, but he is not prepared to announce a rate cut on Friday, which has become necessary. He said the Federal Open Market Committee cut interest rates three times last year, putting the Fed in a good position to ensure protection from adverse effects. He added: "Global risk aversion has lowered US long-term interest rates, which could benefit the US economy." Brad said China's economic growth would be affected in the first quarter. Although the case growth rate there will slow, new cases elsewhere will continue to increase. He said US companies that operate or produce products in China will be affected. He said: "A temporary disruption in the global supply chain may
The price of N95 masks in the United States has increased 5 times to $ 25 each! On February 28, people in Houston lined up to buy N95 masks. According to the overseas network CBS, people in Houston lined up to buy N95 masks. At the Holcomb Medical Device Store, an N95 mask costs between $ 20 and $ 25 (equivalent to more than 170 yuan). Store executives said demand for masks has soared since January. Previously, a pack of two N95 masks cost $ 8. Gold also fell. The only safe-haven asset in the US stock market, the mask, has steadily risen. United Health Products rose more than 123%, and Alpha Professional Masks rose more than 30%. However, spot gold, which is often used as a safe-haven asset, is no longer used and has fallen to $ 1,600 / ounce. Because of the outbreak of global supply chain chaos triggered by the epidemic, Barclays last Friday lowered its 2020 S & P 500 target and predicted that US corporate profits would decline this year. Barclays expects the S & P 500 index to reach 3,000 points by the end of this year, lower than the previously expected 3,300 points. As of the close of Thursday, the S & P 500 index fell more than 10% this week to 2,978 points, and fell again by more than 100 points in early trading on Friday. Maneesh Deshpande, head of equity derivatives strategy at Barclays, said: "Even if the epidemic is completely contained in the short term, the impact on the global economy will be huge. We think the copy market is still It's too early because the consequences of the outbreak can be very serious or relatively severe. "Barclays also lowered its S & P 500 index earnings forecast for this year to $ 162 per share, a negative growth of 2%. This is even more pessimistic than Goldman's expectations on Thursday. Goldman Sachs forecasts zero US corporate profit growth in 2020. Although the decline of the European stock market has exacerbated the sharp decline of the US stock market, the decline of the European stock market has accelerated. The Stoke 600 index rose to 4.7%, the German DAX index, the British FTSE 100 index fell nearly 5%, and the French CAC40 index fell. 4.5%. According to WorldData. Com said that there have been 834 confirmed cases in Europe so far. Among them, there were 655 cases in Italy, 49 cases in Germany, 41 cases in France, 26 cases in Spain, 16 cases in the United Kingdom, 9 cases in Switzerland, 7 cases in Sweden, 5 cases in Austria, 5 cases in Croatia, 4 cases in Greece, 4 cases in Norway, and 2 cases in Finland. There were 2 cases in Russia, 1 in Denmark, 1 in Romania, 1 in Belarus, 1 in Lithuania, 1 in Northern Ireland, 1 in Netherlands, 1 in Estonia, 1 in Northern Macedonia, and 1 in Belgium. "Daily Mail" pointed out that at present, the entire European community has identified the new coronary pneumonia epidemic as a red alert. Among them, 17 people have been killed in Italy or the crisis center of the new crown pneumonia epidemic. Borel, director of the Italian Civil Defence Department, pointed out that the three most recent deaths have occurred in Lombardy, the country most affected, and the dead were all over 80 years old. During the "tense" phase of epidemic prevention and control, the city of Nice in southeastern France held a carnival as scheduled. According to the website of the Nice Carnival, this year is the 136th Carnival with the theme "King of Fashion". It was originally scheduled to be held from February 15th to 29th. On the 26th local time, the mayor of Nice, Christian Estellaros, tweeted on social media that there have been no confirmed cases in Nice so far, and we have a very complete medical institution. But just in case, we decided to end the carnival a day in advance. Japan's People's Daily confirmed 938 newly diagnosed pneumonia cases. As of 22:00 local time on February 28, 938 cases of newly diagnosed pneumonia had been confirmed in Japan, and 11 people died of newly diagnosed pneumonia. According to NHK, Japan's Hokkaido has declared a state of emergency. Recently, rumors of a shortage of toilet paper and other household papers on the Internet in Japan have caused many people to flock to stores. On the 28th, the Japanese government and related industry organizations publicly refuted the rumor and called on the public to remain calm. There are rumors that toilet paper and masks are made of the same material, and toilet paper will be out of stock. There are also rumors that most of the toilet paper sold in Japan is imported from China and will be out of stock. The Japan Household Paper Industry Association has publicly refuted rumors that masks and toilet paper are fundamentally different in raw materials. Most toilet paper circulating in the Japanese market is made in Japan. At present, stocks are sufficient, so there is no need to worry about shortages due to the effects of the new coronavirus epidemic. Consumers can rest assured to buy according to their old habits. The head of the door, Borel, pointed out that the three most recent deaths have occurred in Lombardy, the country most affected, and the dead were all over 80 years old. During the "tense" phase of epidemic prevention and control, the city of Nice in southeastern France held a carnival as scheduled. According to the website of the Nice Carnival, this year is the 136th Carnival with the theme "King of Fashion". It was originally scheduled to be held from February 15th to 29th. On the 26th local time, the mayor of Nice, Christian Estellaros, tweeted on social media that there have been no confirmed cases in Nice so far, and we have a very complete medical institution. But just in case, we decided to end the carnival a day in advance. Japan's People's Daily confirmed 938 newly diagnosed pneumonia cases. As of 22:00 local time on February 28, 938 cases of newly diagnosed pneumonia had been confirmed in Japan, and 11 people died of newly diagnosed pneumonia. According to NHK, Japan's Hokkaido has declared a state of emergency. Recently, rumors of a shortage of toilet paper and other household papers on the Internet in Japan have caused many people to flock to stores. On the 28th, the Japanese government and related industry organizations publicly refuted the rumor and called on the public to remain calm. There are rumors that toilet paper and masks are made of the same material, and toilet paper will be out of stock. There are also rumors that most of the toilet paper sold in Japan is imported from China and will be out of stock. The Japan Household Paper Industry Association has publicly refuted rumors that masks and toilet paper are fundamentally different in raw materials. Most toilet paper circulating in the Japanese market is made in Japan. At present, stocks are sufficient, so there is no need to worry about shortages due to the effects of the new coronavirus epidemic. Consumers can rest assured to buy according to their old habits. The head of the door, Borel, pointed out that the three most recent deaths have occurred in Lombardy, the country most affected, and the dead were all over 80 years old. During the "tense" phase of epidemic prevention and control, the city of Nice in southeastern France held a carnival as scheduled. According to the website of the Nice Carnival, this year is the 136th Carnival with the theme "King of Fashion". It was originally scheduled to be held from February 15th to 29th. On the 26th local time, the mayor of Nice, Christian Estellaros, tweeted on social media that there have been no confirmed cases in Nice so far, and we have a very complete medical institution. But just in case, we decided to end the carnival a day in advance. Japan's People's Daily confirmed 938 newly diagnosed pneumonia cases. As of 22:00 local time on February 28, 938 cases of newly diagnosed pneumonia had been confirmed in Japan, and 11 people died of newly diagnosed pneumonia. According to NHK, Japan's Hokkaido has declared a state of emergency. Recently, rumors of a shortage of toilet paper and other household papers on the Internet in Japan have caused many people to flock to stores. On the 28th, the Japanese government and related industry organizations publicly refuted the rumor and called on the public to remain calm. There are rumors that toilet paper and masks are made of the same material, and toilet paper will be out of stock. There are also rumors that most of the toilet paper sold in Japan is imported from China and will be out of stock. The Japan Household Paper Industry Association has publicly refuted rumors that masks and toilet paper are fundamentally different in raw materials. Most toilet paper circulating in the Japanese market is made in Japan. At present, stocks are sufficient, so there is no need to worry about shortages due to the effects of the new coronavirus epidemic. Consumers can rest assured to buy according to their old habits. Rumors of a shortage of toilet paper and other household papers have sparked many people to the store. On the 28th, the Japanese government and related industry organizations publicly refuted the rumor and called on the public to remain calm. There are rumors that toilet paper and masks are made of the same material, and toilet paper will be out of stock. There are also rumors that most of the toilet paper sold in Japan is imported from China and will be out of stock. The Japan Household Paper Industry Association has publicly refuted rumors that masks and toilet paper are fundamentally different in raw materials. Most toilet paper circulating in the Japanese market is made in Japan. At present, stocks are sufficient, so there is no need to worry about shortages due to the effects of the new coronavirus epidemic. Consumers can rest assured to buy according to their old habits. Rumors of a shortage of toilet paper and other household papers have sparked many people to the store. On the 28th, the Japanese government and related industry organizations publicly refuted the rumor and called on the public to remain calm. There are rumors that toilet paper and masks are made of the same material, and toilet paper will be out of stock. There are also rumors that most of the toilet paper sold in Japan is imported from China and will be out of stock. The Japan Household Paper Industry Association has publicly refuted rumors that masks and toilet paper are fundamentally different in raw materials. Most toilet paper circulating in the Japanese market is made in Japan. At present, stocks are sufficient, so there is no need to worry about shortages due to the effects of the new coronavirus epidemic. Consumers can rest assured to buy according to their old habits.
On the same day, Naoki Okada, Deputy Chief Cabinet Secretary of Japan, told a news conference that he hoped that consumers would feel relieved and act calmly instead of hoarding or reselling goods. The reporter visited several major supermarkets in Tokyo on the same day and found that all household papers, including toilet paper, tissue paper and wipes, were sold out. The owner also posted a notice saying "I'm sorry, one person can only buy one". Some convenience stores still have some bulk toilet paper and toilet paper on sale. The reporter interviewed many people who came to buy newspapers. According to them, they saw the relevant news yesterday and hurried to buy newspapers. They found that they could no longer buy it. Seeing that people around you are buying, I also feel the pressure. Long Lihua, an overseas Chinese who has lived in Tokyo for many years, told reporters that according to his past experience, when a major earthquake occurred in Japan, people rushed to buy household papers because of blocked logistics. However, unlike the big earthquake, the epidemic should not affect the daily paper industry, so there is no need to be too nervous. Iran's Health Minister: Next week will be the peak of the Iranian outbreak. According to Iran ’s national television report on the 28th, Iran ’s health minister Namaki said: Data show that next week will be the peak of Iran ’s new coronary pneumonia outbreak, calling on everyone to reduce travel. Iran imported masks and protective clothing. Relevant factories are also speeding up production, and from the 29th, pharmacies have sufficient inventory to buy. At the same time, schools across Iran will continue to close classes until March 2nd, and Iranian television will offer online courses for students. According to the Global Times, China has sent a team of four disease control experts to Iran to support Iran's fight against the epidemic. So far, the number of confirmed cases by Iranian officials has risen to eight. On the 25th, Hariri, the country's deputy minister of health, was diagnosed. On the 27th, Vice President Masumi Abtkar, responsible for women and family affairs, and Muitaba Zonour, chairman of the National Security and Foreign Affairs Committee of the Iranian Parliament, were confirmed. On the same day, 81-year-old former Iranian ambassador to the Vatican, Hardy Hossi, died of new pneumonia. In addition, Congressman Sadji, two members of Gilan Province and Governor of Tehran District 13. Finally, I hope that the A shares are doing well. China Fund News: Report all the concerns of the fund news, identify the QR code, and pay attention to the copyright statement of China Fund News: "China Fund News" has the copyright to the original content published by this platform. Reproduction is forbidden without authorization, otherwise legal liability will be pursued. Authorized reprint contact person: Mr. Yu (Tel: 0755-82468670) Wanshui Qianshan will always fall in love, can you click "Watch"?
Message