(C) Reuters. By Geoffrey Smith Investing.com -- President Donald Trump wants to partially reopen the U.S. economy within four to eight weeks, but the Covid-19 outbreak is still showing only patchy signs of slowing down, as the number of U.S. cases doubled over the last week to 400,000. Bond spreads widened after another acrimonious meeting at which Germany and others ...

(C) Reuters. By Geoffrey Smith Investing.com -- President Donald Trump wants to partially reopen the U.S. economy within four to eight weeks, but the Covid-19 outbreak is still showing only patchy signs of slowing down, as the number of U.S. cases doubled over the last week to 400,000. Bond spreads widened after another acrimonious meeting at which Germany and others ...

Economic Indicators8 hours ago (Apr 08, 2020 06:25AM ET) 2/2 (C) Reuters. Street sweeper walks through nearly empty Times Square during the outbreak of the coronavirus disease (COVID-19) in New York 2/2 PARIS (Reuters) - Major economies are seeing the biggest monthly slump in activity ever amid the coronavirus crisis and no end is in sight without clarity about how ...

Commodities9 hours ago (Apr 08, 2020 05:35AM ET) (C) Reuters. FILE PHOTO: A maze of crude oil pipes and valves at the Strategic Petroleum Reserve in Freeport, Texas By Alex Lawler LONDON (Reuters) - Oil steadied near $32 a barrel on Wednesday, supported by hopes that a meeting between OPEC members and allied producers on Thursday will trigger output cuts ...

Economy9 hours ago (Apr 08, 2020 05:25AM ET) (C) Reuters. FILE PHOTO :A security guard walks past in front of the Bank of Japan headquarters in Tokyo By Leika Kihara TOKYO (Reuters) - The Bank of Japan is likely to make a rare projection this month that the world's third-largest economy will shrink this year, as the coronavirus pandemic threatens ...

Economic Indicators10 hours ago (Apr 08, 2020 05:10AM ET) (C) Reuters. FILE PHOTO: An ibis bird perches next to the Reserve Bank of Australia headquarters in central Sydney (Reuters) - Australia's central bank and regulators urged financial firms on Wednesday to double down on their plans for the phasing out of the Libor benchmark, as some still showed substantial exposure ...

Forex23 hours ago (Apr 08, 2020 04:18AM ET) (C) Reuters. Euro, Italy Bonds Slide After EU Fails to Agree on Virus Defense (Bloomberg) -- The euro and Italian bonds declined after European Union finance ministers failed to agree on joint measures to cushion the region's economy against the impact of the coronavirus crisis. The common currency fell against most Group-of-10 ...

Forex11 hours ago (Apr 08, 2020 04:12AM ET) (C) Reuters. By Geoffrey Smith Investing.com -- Germany's economy will shrink by nearly 10% in the second quarter due to the coronavirus pandemic, after already contracting 1.9% in the first three months of the year, according to a new report by the country's leading research institutes. The institutes expect a rebound in ...

Economy11 hours ago (Apr 08, 2020 04:10AM ET) (C) Reuters. FILE PHOTO: Illustration photo of a China yuan note BEIJING (Reuters) - China's new bank loans are expected to have rebounded in March from a sharp drop the previous month, a Reuters poll showed, as policymakers continue to urge lenders to help cash-strapped companies hit hard by the coronavirus crisis. ...

Economic Indicators11 hours ago (Apr 08, 2020 03:35AM ET) (C) Reuters. FILE PHOTO: Paris during a lockdown imposed to slow the spread of the coronavirus disease (COVID-19) By Leigh Thomas PARIS (Reuters) - France's economy likely contracted 6% in the first quarter from the previous three months as a nationwide lockdown due to the coronavirus outbreak shut down vast swathes ...