Fx trading news: Ready to rescue the market? The White House will meet with Wall Street executives on Wednesday, and Pence will meet with insurance company executives!
2020-03-10 10:24 from：CAPSTONE author：Jack
Capstone forex trading news: On Monday (March 9), a government official told CNBC that the White House invited Wall Street executives to discuss how to respond to a new coronavirus outbreak. US President Trump is expected to attend a meeting scheduled for Wednesday. The official told CNBC that as of Monday afternoon, invitations had been issued.
The meeting was held against the backdrop that the market had fallen sharply due to concerns about the impact of the coronavirus. In early trading on Monday, the S & P index plummeted, causing trading to halt as concerns over the coronavirus shrouded global industries, and the plunge in oil prices intensified market pressure.
In the U.S. market, the decline in U.S. stocks continued to expand after triggering the reopening of the fuse mechanism. The Dow fell more than 2060 points or 8%, and the S & P 500 index fell 8%.
According to data compiled by Johns Hopkins University, the virus has infected more than 100,000 people worldwide, causing at least 3892 deaths.
The WHO daily epidemic report reported that the number of confirmed cases of new coronary pneumonia worldwide on March 9 increased by 3,994 cases to 109,578 cases compared with the previous day; death cases increased by 225 cases to 3,809 cases compared with the previous day.
On March 9th, the number of confirmed cases of new coronary pneumonia in China increased by 45 cases to 80,904 cases compared with the previous day; the number of death cases increased by 23 cases to 3,123 cases compared with the previous day.
The Coronavirus Task Force led by U.S. Vice President Pence is responding urgently to an increasing number of Americans who have been tested positive for the virus.
After Trump returns from Washington to Washington, D.C., on Monday afternoon, White House aides will meet with him to introduce him to the economic stimulus plan.
It is unclear which Wall Street dignitaries were invited to attend Wednesday's meeting. But a key figure in the financial world may not be present: Jamie Dimon, CEO of JPMorgan Chase. Dimon accidentally underwent heart surgery late last week and is currently recovering.
In addition, according to the Wall Street Journal, U.S. National Economic Adviser Kudlow and U.S. Treasury Secretary Mnuchin will brief the Senate Republicans tomorrow. U.S. Vice President Pence will meet with insurance company executives on Tuesday.
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