After Sweden s exit from the negative rates zone, there are four central banks left in the world holding rates below zero: @ecb (deposit rate: -0.5%), @BankOfJapan (-0.1%), @Switzerland (-0.75%), @Denmark (-0.75%). None of them are going to raise rates yet.
@FulcrumAsset. Overall economic activity is falling. Inflation is beginning to decline sharply, no matter how much money regulators print from above. It is only to be hoped that quarantine is such a temporary method of balancing the economy and will not become a habit...
The currencies of developing countries continue to weaken, which could cause a shortage of foreign dollars among countries that need to repay debts in that currency.
Screen: @Bloomberg
Small businesses are increasingly in financial distress. 55% of small #French firms are concerned about bankruptcy and 30% in #Ireland won 't survive unless things improve over the next two months
Source: @Bloomberg
⚠️🇨🇳#stell#china#COVID19#warning#iron#CISA
China Iron & Steel Association (CISA): Daily steel production in China increased by 5% to 2.653 million tons per day in the first decade of April