Anonymous ID: cdde61 March 16, 2020, 6:36 a.m. No.8436418   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>6441 >>6498 >>6525 >>6526 >>6589 >>6710 >>6836 >>6992 >>7051 >>7067

Morning market Report

Markets have start at 'Limit Down' moar here

>>8432982 pb Plunging stock market futures hit โ€˜limit downโ€™ โ€” Hereโ€™s what that means

 

(Silver/Gold smashed as whatever is not tied to the floor is being liquidated and sold-keep in mind these are paper trades going off and even though the price is dropping large your delivery times to recieve your metals will now increase dramtically)

 

see this as they are now using the lockdown as the excuse to why they will have an issue

LME (London Metals Exchange) May Have a Paper-Filing Problem If U.K. Goes on Lockdown

https://www.bloomberg.com//news/articles/2020-03-16/lme-may-have-a-paper-filing-problem-if-u-k-goes-on-lockdown

 

Stock markets and oil prices continued to nose-dive on Monday after the second emergency cut in U.S. interest rates in as many weeks โ€” effectively to zero โ€” and supportive measures from all corners failed to quell coronavirus fears. Central banks across Asia and Europe also cut borrowing costs and pumped funds into the system in a bid to cushion the economic impact as the breakneck spread of the virus all but shut down more countries. But they had limited success in calming panicky investors. Hong Kong, New Zealand and Korea cut rates but China did notโ€ฆopting to "print" instead. The Fedโ€™s emergency 100 basis point rate cut on Sunday was followed on Monday by further policy easing from the Bank of Japan in the form of a pledge to ramp up purchases of exchange-traded funds and other risky assets.

 

Summary of BoJ response: The central bank will double its upper limit of annual purchases of exchange traded funds to 12 trillion yen ($112.46 billion) and of real-estate investment trusts to 180 billion yen per year. It will also expand its upper limit of its corporate bond balance to 4.2 trillion yen and its commercial paper balance to 3.2 trillion yen, each up 1 trillion yen. In addition, it will start a lending program for commercial banks, providing them with one-year loans in exchange for corporate collateral worth 8 trillion yen. The Nikkei Stock Average spiked upward for a short period of time after the announcement before dropping to close 2.46% lower than it did on Friday

 

New Zealandโ€™s central bank shocked by cutting rates 75 basis points to 0.25%, while the Reserve Bank of Australia (RBA) pumped more money into its financial system. South Korea and Kuwait both cut rates while Russia and Germany were throwing together multi-billion dollar anti-crisis funds.

LSE gets U.S. nod for Refinitiv deal

The London Stock Exchange Group (LSE.L) said on Monday it had gained approval from the U.S. Committee on Foreign Investment for its $27 billion takeover of analytics firm Refinitiv, judging there were no national security concerns with the deal. LSE said it remained committed to closing the deal during the second half of 2020. Refinitiv is 45%-owned by Thomson Reuters which owns Reuters News

https://www.reuters.com/article/us-lse-m-a-refinitiv/lse-gets-u-s-nod-for-refinitiv-deal-idUSKBN2131Y2

https://www.marketwatch.com/investing/bond/tmubmusd10y

https://www.bloomberg.com/markets/stocks/futures

https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart

https://www.kitco.com/charts/livesilver.html

https://asia.nikkei.com/Economy/BOJ-expands-monetary-stimulus-to-defend-economy-from-coronavirus

https://www.marketwatch.com/investing/index/dxy