Month: March 2020
Gold faces unique pricing, supply and delivery challenges amid COVID-19 shutdowns
Unusual wide spread between Comex and London Bullion shows up amid COVID-19 Shutdowns London-COMEX Spread Hit $100 on March 24th An unusually wide spread between gold prices for Comex futures and the London…
ECB takes quantitative easing actions to fight the coronavirus crash
European Central Bank throws 750 billion euros at the economy The European Central Bank on Wednesday announced a huge new money-printing program. This is aimed at keeping the region’s financial system functioning and…
COVID-19 and its impact on business
Obviously, the epidemic had a great impact on China’s tourism, catering, film, education and other industries. However, we are still optimistic that China’s overall consumer market will also have a “retaliatory” growth after the epidemic is gradually controlled.