Three major US indexes fell 7%, China shifts key prevention and control from output to input

In Daily Market Review, English
10 3 月, 2020

Three major US indexes fell 7%

The spread of the new coronavirus epidemic and the plunge in oil prices have continued to plague the market investment sentiment. U.S. stocks opened less than 15 minutes after the market opened last night. The three major indexes have plunged 7%. The triggering of the fuse mechanism requires a 15-minute market suspension. This is the first time this mechanism was triggered after the 2008 financial tsunami. According to the current US stocks’ stop-and-stop mechanism, when the decline reaches 7%, it will trigger the first phase of the fuse mechanism and stop the market for 15 minutes. If the decline then increases to 13%, the market will be suspended for another 15 minutes. Once the decline further expands to 20%, US stocks will be suspended throughout the day.

 

China shifts key prevention and control from output to input

Zhong Nanshan, head of the senior expert group of the National Health and Health Commission, estimated that the development of the new global crown epidemic could continue at least until June. As for the key prevention and control of the outbreak in the Mainland, it will be converted from export to import in the future. Since Guangdong has a lot of international contacts, it is necessary to strengthen border detection, and to formulate measures to visit China from foreign epidemic areas and make necessary isolation. For countries with severe epidemics, Guangdong Province may need to provide foreign assistance, including protection, reagents and treatment techniques.


Z. com Bullion is an affiliate of GMO Financial Holdings, Inc., a Japanese listed group. The risk of loss in leveraged foreign exchange trading & margin trading can be substantial. Visit the company website to read full risk warning. https://bullion.z.com/en/about/legal/risk/

場外式黃金/白銀交易的風險:
場外式黃金/白銀交易由 Max Online 提供。場外式黃金/白銀交易涉及高度風險,未必適合所有投資者。高度的槓桿可為閣下帶來負面或正面的影響。場外式黃金/白銀並非受證券及期貨事務監察委員會(「證監會」)監管,因此買賣場外式黃金/白銀將不會受到證監會所頒布的規則或規例所約束,包括(但不限於)客戶款項規則。閣下在決定買賣場外式黃金/白銀之前應審慎考慮自己的投資目標、交易經驗以及風險接受程度。可能出現的情況包括蒙受部分或全部初始投資額的損失,或在極端情況下(例如相關市場跳空)產生更多的損失。因此,閣下不應將無法承受損失的資金用於投資。投資應知悉買賣場外式黃金/白銀有關的一切風險,如有需要,請向獨立財務顧問尋求意見。