Coronavirus
Daily News
Updates
Daily News Updates:
PWS Southport daily news and market updates keeping you up to date on coronavirus news and how global stock markets are reacting to the ongoing pandemic.
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Coronavirus: Daily News and Updates July 2020
Friday 31st July 2020
Coronavirus: Lockdown easing postponed and masks to be mandatory in all public indoor settings
Apple and Amazon to dominate an economy ‘without mouths or noses’ but 10% of jobs may never come back, strategist says
UK house prices jump by most in 11 years in July
Coronavirus: NatWest sees red after hiking provision for bad loans to £2.8bn
FTSE 100 Index futures pointing to gains but they did on Thursday morning
Currently with about half an hour before the London market opens, FTSE 100 futures are indicating the index will open up between 10 and 20 points. However, yesterday futures anticipated the same, but the index fell -2.31% on Thursday.
Losses on global stock markets on Thursday look to continue on Friday
Excluding the Nasdaq in the US and SSE Composite in China global stock markets look like they are heading into the red again on Friday.
The Nikkei in Japan is trading down -2.68% before the close. The Hang Seng in Hong Kong is slightly down -0.10% in the afternoon session.
The main SSE Composite index in China is defying the odds and is trading up 0.20% after positive economic data.
Hong Kong, China stocks mixed as investors digest July PMI, Covid-19 outbreaks; Shanghai set for best month in a year
Amazon, Apple, Facebook and Alphabet defy coronavirus to post better results than expected
Sky News Live
Thursday 30th July 2020
Coronavirus: Tui to shut 166 high street shops in UK and Ireland
U.S. economy suffers titanic 32.9% plunge in 2nd quarter, GDP shows, and points to drawn-out recovery
UK had Europe’s highest rate of excess deaths during COVID-19 pandemic – official
FTSE 100 index drops below 6,000 points mark
In London, the FTSE 100 index has dropped below 6,000 points for the first time since the 22nd May 2020.
With the prospect of coronavirus infections increasing in the world, markets are reacting to the negative sentiment. The FTSE 100 is down 2.30% at 5,988 points at 2.30 pm and is likely to drop further as US market open.
The Dow Jone and S&P 500 have both opened down on Thursday at 1.30% and 1.02% respectively.
Redundancy pay to be protected for furloughed workers
Grim Lloyds Bank, StanChart results hit FTSE 100; AstraZeneca gains
UK worried about second wave in Europe, more quarantine measures possible
Futures again indicating European stock markets to open flat
European stock markets are likely to see a similar trading session as Wednesday with futures indicating some gains when markets open.
After the US Federal Reserve left interest rates unchanged on Wednesday, US markets finish up, and Asia-Pacific markets have open mixed on Thursday.
Currently, in Japan, the Nikkei 225 is trading down 0.25% before the close. The Hang Seng in Hong Kong up 0.40% in the afternoon session and China’s SSE Composite is down 0.15%.
In the UK, FTSE 100 futures at 7.30 am are indicating the index will open up between 10-20 points.
Hong Kong stocks advance as Federal Reserve keeps rates at near zero and vows more support in war against Covid-19
South China Morning Post – Hong Kong stocks continued to rise, as the US Federal Reserve vowed to do whatever it takes to bolster the world’s largest economy as it slogs through the unrelenting turmoil of the coronavirus.
Coronavirus: Lloyds in the red as bank books £3.8bn charge for bad loans
Wednesday 29th July 2020
Coronavirus: Heathrow wants ‘double testing’ regime to reduce quarantine
Americans are anxious. That’s bad news for the White House – and stocks.
UK mortgage approvals rebound in June as property market reopened
European Markets open flat but China’s leading market surges
The FTSE 100 and other major European markets have opened flat on Wednesday morning after falls in the US on Tuesday. However, the SSE Composite index in China is up over 2.00% in the afternoon session with the Hang Seng in Hong Kong up 0.30%.
Coronavirus: Barclays sets aside £3.7bn as crisis hurts consumer business
Hong Kong, China stocks climb; HSBC rallies as investors buy shares beaten to record low as bank is dragged into Huawei fight
Coronavirus: Britons turn to staycations amid fears over foreign trips during pandemic
Tuesday 28th July 2020
Extend UK furlough scheme or risk wave of joblessness, think tank warns
FTSE 100 ends the day up 24 points on a topsy-turvy day on the index
The FTSE 100 in London managed to finish the day in positive territory after mainly a day of losses until the last two hours of the session.
After a day when the Hang Seng and SSE Composite in Hong Kong and China both finished the day up 0.70%, markets in the US remain in negative territory early in the afternoon session.
Stocks open lower as fiscal stimulus battle heats up
Spain slams British, German travel advisories as discriminatory
Early signs are European markets will start Tuesday positive
Current FTSE 100 futures have the index opening up between 20-25 points with other European markets likely to follow suit.
In Japan, the Nikkei 225 is currently trading down 0.25% before the close, and the Hang Seng in Hong Kong is up 0.35% in the afternoon session.
In mainland China, the SSE Composite index is also up 0.40%.
Coronavirus: UK revises Spain travel advice amid quarantine row
Hang Seng Index, China stocks gain as Moderna launches large-scale vaccine trial in US in hunt to beat Covid-19
Coronavirus: Prospect of sudden quarantine rules signals end of summer for travel sector
Monday 27th July 2020
Coronavirus: Plea for targeted quarantines as travel firms feel second wave pain
Stimulus bets boost Wall St. ahead of busy earnings week
EU’s Barnier believes deal with post-Brexit Britain is possible – sources
FTSE 100 likely to open flat on Monday morning
Current FTSE 100 futures have the index opening flat on Monday morning. Still, with further lockdowns in Spain and other European countries, it’s going to be difficult for the index to be positive in the trading session.
In the Asia-Pacific region, most major markets are trading down with the Nikkei 225 currently down 0.20% before the close.
In China, the main SSE Composite index is down 0.04%, and in Hong Kong, the Hang Seng is down 0.60% in the afternoon session.
Coronavirus: Ryanair outlines ‘biggest fear’ as it books €185m lockdown loss
Hong Kong stocks surrender gains with third wave of coronavirus in focus; gold miners advance
New countries could go on quarantine list at short notice despite 1.8 million holidays being thrown into chaos
Friday 24th July 2020
FTSE 100 ends the week 2.50% on Friday afternoon
In London, the FTSE 100 ended the week down 2.50%, but the index has managed to keep its head above the 6,000 points mark for two months.
The coronavirus is keeping the index low, but the diplomatic relations between China and the West is not helping.
The Dow Jones and S&P 500 in the US are both trading down in the afternoon session.
Centrica soars on U.S. energy unit sale but U.K. stocks sink as China hits back over consulate closure
UK companies and shoppers send recovery signals for economy
Market turbulence in the Asia-Pacific region will see FTSE 100 open down on Friday morning
With the fallout from US-China relations spooking global stock markets, the current futures indicate the FTSE 100 will open down between 50-60 points on Friday.
Hong Kong, China stocks dive as China closes US consulate in Chengdu, the ‘last straw’ for market sentiment
COVID-19: Total retail sales bounce back to pre-coronavirus levels
Thursday 23rd July 2020
U.S. new jobless benefit claims rise for first time since late March
MarketWatch – The numbers: Initial jobless claims rose in the week ended July 18 for the first time since late March. New applications for unemployment benefits, a rough gauge of layoffs, rose by 109,000 to 1.42 million, the Labor Department said Thursday. The figures are seasonally adjusted.
Brexit: UK must ‘face possibility’ of no deal on future relationship with EU by end of transition
UK trade deal unlikely for now: Britain, EU clash over post-Brexit ties
LONDON/BRUSSELS (Reuters) – Britain and the European Union clashed on Thursday over the chances of securing a free trade agreement, with Brussels deeming it “unlikely” but London holding out hope one could be reached in September.
Trade experts reject government gagging orders
Slew of upbeat earnings lift European stocks
FTSE 100 looking to open up on Thursday morning
After Wednesday’s 1.00% fall, current FTSE 100 futures have the index opening up between 10-15 points.
China stocks slide on closing of US consulate, but Hong Kong shares rebound in jittery early trading
Australia unveils biggest deficit since WWII as Victoria’s coronavirus crisis continues
Wednesday 22nd July 2020
After a small gain yesterday the FTSE 100 likely to open lower on Wednesday morning
Current FTSE 100 futures have the index opening down between 20-30 points after an 8 point gain on Tuesday.
Asia-Pacific markets are trading down after an initially a positive start with the Nikkei 225 in Japan down 0.50%.
The Hang Seng in Hong Kong is down 0.20% with the SSE Composite index in China up 1.10%.
Coronavirus: UK airports declare £4bn emergency after lockdown
Hong Kong stocks rise as investors remain upbeat on launch of new tech index, shrug off rise in Covid-19 cases
Coronavirus: A third of firms to cut jobs in the next three months say British Chambers of Commerce
Tuesday 21st July 2020
Dow surges 320 points, briefly retakes perch at 27,000 as Coca-Cola delivers upbeat results and investors bet on beaten-down sectors
Coronavirus: April-June borrowing more than double level for whole of previous year
European stocks hit four-month highs after EU recovery fund sealed
FTSE 100 on course to open up on Tuesday morning
Current FTSE 100 futures have the index opening up 40 points on Tuesday morning following gains in the Asia-Pacific region.
Hong Kong stocks head for biggest gain in two weeks following Ant Group’s listing
Coronavirus: EU leaders agree €1.82trn budget and pandemic recovery fund
Japan’s exports slump 26.2% in June
Monday 20th July 2020
Cyclical stocks knock Europe lower, focus on EU talks
FTSE futures indicating European markets will be flat on Monday morning
The FTSE 100 and other European markets are likely to follow the Nikkei 225 and Hang Seng and open flat on Monday morning.
Current futures have the FTSE 100 index opening between 5 points down and 5 points up thirty minutes before the market opens.
Asia-Pacific Markets start the day down after an increase in coronavirus cases
The Hang Seng in Hong Kong initially traded down over 1.00% but has clawed its way back in the afternoon session. However, on the mainland, the SSE Composite is trading up over 2.00% after last weeks drops.
Before the close, the Nikke1 225 in Japan is flat trading up 0.09% before the session finishes on Monday.
Coronavirus: UK secures early access to 90 million COVID-19 vaccine doses
Hong Kong stocks drop on record new coronavirus cases; mainland shares defy decline
South China Morning Post – Hong Kong’s stocks fell alongside with most of the markets in Asia, as the resurgence of the coronavirus epidemic put traders on edge. Mainland’s shares surged.
Coronavirus: M&S to announce hundreds of job cuts this week
Friday 17th July 2020
Coronavirus: Boris Johnson hopes for Christmas ‘normality’ – but reveals details of swift lockdowns
Bank of England’s Bailey sees UK economy beginning to recover
Futures: FTSE 100 likely to open flat after Thursday’s losses
FTSE 100 futures have the index opening flat on Friday morning along with other European markets.
In the Asia-Pacific region, the Hang Seng in Hong Kong is up 0.30% in the afternoon sessions but has fallen back. In China, the main SSE Composite Index is down 0.50% after Thursday’s drop of 4.50%
The Nikkei 225 in Japan is trading down 0.50% before the close.
Hong Kong stocks rise as bargain hunters swoop in to take advantage of rout; Kweichow Moutai jumps
Coronavirus: Boris Johnson pledges extra £3bn for NHS amid key adviser warning over ‘work guidance change’
Thursday 16th July 2020
Shanghai Composite Index tumbles the most since China imposed coronavirus lockdowns five months ago
Slowing UK job losses seen as ‘calm before storm’
Asia-Pacific stocks down on Thursday with Europe likely to follow
Stock markets in the Asia-Pacific region fall on even with positive GDP data from China. China recovered from a 6.80% decline in the first quarter of the year to 3.20% growth in the second quarter. However, ongoing tension between Hong Kong and China and the rest of the western world are dragging indexes down.
The Hang Seng is down 1.30%, and the SSE Composite on mainland China is down 2.90% in the afternoon session.
The Nikkei 225 in Japan is currently trading down 0.75% before the close.
In Europe, FTSE 100 futures indicate the index will open lower by between 20-30 points on Thursday morning.
Hong Kong, China stocks slide even as data shows pace of economic recovery is quickening on the mainland
South China Morning Post – Hong Kong and mainland Chinese markets slid as traders worried Beijing may tighten liquidity after upbeat government data showed the pace of economic recovery on the mainland has been gaining momentum.
Coronavirus: China’s economy returns to growth as lockdowns lifted
Coronavirus: Employment crisis builds as 649,000 lose their jobs
Wednesday 15th July 2020
Any whiff of a coronavirus vaccine and markets surge up!
Another day and more positive sentiment surrounding a possible coronavirus vaccine and markets head south.
The FTSE 100 index in London is trading up 1.90% an hour before the close with other major European markets, also showing positive gains.
The Nasdaq, Dow Jones and S&P 500 are all up in the morning trading session in the US.
Hong Kong Autonomy Act: US tariffs, sanctions, export bans ‘all on the table’ after Donald Trump signs law
Apple and Ireland win appeal over EU’s €13bn tax demand
Dow briefly gains foothold on 27,000, S&P 500 erases this year’s losses on vaccine hopes, Goldman earnings
English lockdown might have reduced COVID-19 infections more than thought, scientists say
Futures have the FTSE 100 index opening up between 40-50 points
Current futures are indicating the FTSE 100 index will open up on Wednesday with other European markets following suit.
Trading in the Asia-Pacific region unpredictable on Wednesday
After a positive start, both the Hang Seng in Hong Kong and the SSE Composite in China are trading down.
The Nikkei 255 is up after Tuesday’s losses as is up 1.60% before the close.
Hong Kong stocks reverse to losses, as traders weigh Covid-19 vaccine hopes, President Trump’s step to revoke city’s special status
Coronavirus: Will the hospitality industry pass on VAT cuts to consumers?
Tuesday 14th July 2020
Huawei blocked: Tech must be stripped from UK’s 5G network by 2027
FTSE 100 index finishes the day flat at 6,179
The FTSE 100 index finished the day up 3 points after initially dropping 80 points when the market opened on Tuesday.
Currently, both the Dow Jones and S&P 500 in the US are trading up at midday trading.
U.S. Stocks Waver on Virus Worries, U.S.-China Tensions
UK economy could shrink 14% this year, budget forecasters say
FTSE 100 drops over 1.00% after the latest GDP figures
The May 2020 Gross Domestic Product (GDP) only rose by 1.80%, and the FTSE 100 has reacted by falling on the news.
UK economy begins tepid recovery in May after record slump
Futures indicating European markets to open down on Tuesday
At 7.30 am in the UK, future markets are indicating the FTSE 100 will open down between 30-40 points on Tuesday.
However, after yesterdays losses US market futures are more positive with the Dow Jones and S&P 500 potentially opening up later today.
Yesterday’s gains to be wiped out by coronavirus concerns in the US
After a positive start to the week, global stocks markets are likely to fall on Tuesday.
Asia-Pacific markets are already trading lower with the Nikkei 225 in Japan down 0.90% before the close.
In China, the main SSE Composite index is down 1.60% and the Hend Seng in Hong Kong trading down 1.57% in the afternoon session.
Hong Kong, China markets slide as concerns rise about overheated stocks, cases of coronavirus grow in US
South China Morning Post – Hong Kong and mainland markets slid, as concerns mount that some stocks may be overheated and the pace of economic recovery in the US – the world’s largest economy – is threatened by a surge in Covid-19 cases.
Coronavirus: Fines for failing to wear a face mask in shops in England
Friday 10th July 2020
European shares enter fourth day of declines, energy firms drag
Jobs losses and economic concerns taking its toll on markets
The FTSE 100 is heading for the fourth day of losses as futures markets have the index opening near the 6,000 points market after another 106 points drop on Thursday. The index is down over 3.00% in July 2020, and the recent government reliefs announced on Wednesday are not in the short term stabilising the market.
In the Asia-Pacific region coronavirus sentiment is weighing on markets on Friday with the Hang Seng in Hong Kong trading down 1.90% and the SSE Composite in China down 1.30% in afternoon trading.
In Japan, the Nikkei 225 is down 1.00% before the close.
Coronavirus: UK quarantine rules end for travellers from dozens of countries
Hong Kong stocks slip but on track for second weekly gain, as coronavirus weighs on sentiment
Coronavirus: 5,300 jobs go at Boots and John Lewis
Thursday 9th July 2020
More grim job losses as U.S. hits record high on new COVID cases
Boots to cut more than 4,000 jobs
UK set to borrow £350 billion and more is likely, IFS says
Coronavirus: Chancellor Rishi Sunak warns of ‘difficult times ahead’ despite stimulus package
Is the FTSE 100 heading for the third day of losses?
The FTSE 100 initially opened positive but within 20 minutes the index was trading down on Wednesday’s close. With Asia-Pacific stocks and European indexes in positive territory is the FTSE 100 become the most unloved index.
Buyers return to COVID-hit UK property market in June, RICS says
FTSE 100 futures anticipating a positive start to Thursday but the market is still lagging behind other indices
The FTSE 100 is likely to open up 20 points on Thursday morning, but the index is lagging behind other world indices and is still 16% lower than the start of the year.
In the Asia-Pacific, region markets continue to motor forward due to economic data suggesting a V-shaped recovery from the coronavirus pandemic in the area.
In Japan, the Nikkei 225 is up 0.40% before the close, and the Hang Seng in Hong Kong is trading flat in the afternoon session.
The SSE Composite in China is continuing to surge with the index trading up 1.00% in afternoon trading.
Hong Kong stocks gain, with Alibaba on track for biggest gain since debut in city, as traders bet on China economic recovery
Coronavirus: Key points of government plan to revive economy
Wednesday 8th July 2020
Dow Jones and S&P 500 start strong but fall back
After an initially positive start, both the Dow Jones and S&P 500 indexes in the US fall back after gains in the morning session.
The FTSE 100 is trading down for the second day with the index down 20 points before the close.
Coronavirus: Key points on how the government will try to revive the UK’s economy
Sky News
In August, everyone in the country will be given an “eat out to help out” discount – 50% off up to a maximum discount of £10 per head at participating restaurants, cafes and pubs from Monday to Wednesday
VAT reduce to 5% on hospitality sector.
UK VAT to reduce to 5% until January 2020 in the hospitality sector from next Wednesday.
UK Chancellor reduces stamp duty on residental property purchases
People buying houses until 31st March 2020 will not have to stamp duty on purchases up to £500,000.00.
Coronavirus: Seven things to watch out for in Sunak’s stimulus statement
Hong Kong stock bulls sustain market rally on IPO outlook amid resurgence in Covid-19 cases, sanction threats
South China Morning Post – The Hang Seng Index rose 0.3 per cent to 26,063.51 at noon break local time. The benchmark slipped 1.4 per cent on Tuesday, the most in three weeks, after powering into a bull market on Monday from its March 23’s low.
Tuesday 7th July 2020
FTSE 100 heading for a 1.50% decline on Tuesday
After a positive start to the week on Monday, the FTSE 100 index in London is heading towards a 90 point decline weighted down by property companies Land Securities Group Plc and British Land Plc.
Meanwhile, in the US both the Dow Jones and S&P 500 are trading down in the morning session.
The stock market is poised for a 40% drop, warns economist who says the current climate feels a lot like 1929
EU wants Brexit deal ‘but not at any price’ as teams head for dinner
After Monday’s gains markets likely to be mixed on Tuesday
China’s SSE Composite index has continued to surge with the index up another 1.30% in afternoon trading on Tuesday.
Hong Kong and Japan, however, are both trading down 0.70% and 0.45% respectively.
In the UK FTSE 100, futures are indicating a drop of between 30-40 points when the market opens on Tuesday.
Coronavirus: Pubs close again after punters test positive for COVID-19
Thailand has Asia’s gloomiest economic forecast as tourism and exports hit hard by coronavirus
Coronavirus: Chancellor Rishi Sunak sets aside £3bn for green jobs as part of economic recovery
Monday 6th July 2020
UK will face consequences if it rules China is a hostile country – envoy
After Friday’s loses the FTSE 100 index set to open positive on Monday
Futures in the UK indicate the FTSE 100 index will start the day up around 80 points on Monday morning.
However, it will lag behind Hong Kong, and China were stocks are up on positive economic data in the region. In afternoon trading the Hang Seng is up 3.11%, and in mainland China, the SSE Composite is up 5.24%.
Elsewhere in the Asia-Pacific region the Nikkei 225 in Japan is up 1.70% before the close.
In the US futures markets are anticipating a positive start to the week, even when coronavirus cases in America are increasing.
Hong Kong, mainland stocks surge in early trading on bullish sentiment over China economic recovery
Coronavirus: Firms to be paid £1,000 bonuses to hire young people as part of economic recovery
Friday 3rd July 2020
FTSE 100 Index ends the week flat and down 1.33% on Friday
The FTSE 100 index finish Friday down after hopes of significant tax giveaways in the UK government budget next week diminished.
The Asia-Pacific region finished the day earlier with gains in Japan, Hong Kong and China.
Coronavirus: Full list of countries exempt from COVID-19 travel quarantine revealed
The long haul – caution as virus cases surge
US Markets closed for the holiday weekend but FTSE 100 on course to finish the week on a high
With US markets closed for the 4th of July holiday weekend European markets are looking to finish the week on a high.
Current futures markets are indicating the FTSE 100 will open up 20 points with major European markets likely to follow suit.
Meanwhile, in Japan, the Nikkei 255 is trading up 0.70% before the close, and the Hang Seng in Hong Kong is up 1.00% in the afternoon session.
In China, the SSE Composite Index continues to raise on sentiment around reduced coronavirus cases and positive economic data.
Hong Kong, mainland stocks rally on latest signs China’s economic recovery is speeding up
South China Morning Post – Hong Kong and mainland stocks rallied, as fresh data and positive business sentiment out of China reinforced bets that the world’s second-largest economy’s recovery is gaining speed after the devastation of the coronavirus.
Coronavirus: ‘Vital green shoot’ as number of UK job adverts increase
Thursday 2nd July 2020
FTSE 100 ends the day up 82 points at 6,240.00
In London, the FTSE 100 index ends two days of negative returns finishing up 1.34% on Thursday but lags behind other European markets were the DAX in Germany ended the day up 2.84%
In the US the Dow Jones and S&P 500 are both trading up 0.90% before the 4th of July holiday weekend.
Dow futures rise 400 points after strong jobs report despite record rise in daily new coronavirus cases
Coronavirus: All pupils must return to school in September, education secretary tells MPs
Vaccine hopes propel London shares; Primark owner jumps
FTSE 100 futures indicating a positive start on Thursday morning
Future markets anticipate the FTSE 100 index to start trading up 50 points on Thursday morning after two days of losses.
Global stocks looking positive even with the new Hong Kong security law in place
Stock markets in the Asia-Pacific region are in positive territory on Thursday morning even with the new security law implementation in Hong Kong.
The Hang Seng in Hong Kong is up 1.75%, and the primary Chinese SSE Composite Index is up 1.62% in afternoon trading.
The Nikkei 225 in Japan is lagging a little with the index up 0.10% before the close.
Hong Kong stocks kick off third quarter with gains, rise on coronavirus vaccine hope, better US and China economic data
Coronavirus: Topshop owner and Harrods cut 1,200 jobs on grim day for retailers
Wednesday 1st July 2020
Here’s what history tells us happens after the S&P 500’s best quarters of all time, as strategist says it’s set to repeat
Rating agency S&P cuts UK forecasts, warns of ‘perfect storm’
FTSE 100 likely to start the month on a negative footing
Current FTSE 100 futures indicate the index will open lower on Wednesday with oil and resources shares pushing the market down.
Elsewhere in Japan the Nikkei 225 is down 0.75% before the close. Better news in China with the SSE Composite Index up 0.60% and the Hang Seng in Hong Kong up 0.50% in afternoon trading.
Coronavirus: US buys up almost entire world supply of COVID-19 drug Remdesivir
Shanghai bets on consumer spending to propel the battered local economy in post-coronavirus era
June 2020 Daily News and Updates Archive
Click on the link to see June 2020 updates
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