Yearly Archives - 2020

IMF launch $50b aid program for coronavirus: ASX set to open higher

05 Mar 2020 - Following a strong rally over night on the US markets, he ASX looks set to open higher this morning. Following rate cuts from the RBA and the Federal Reserve, the Bank of Canada also cut rates overnight. It’s expected the Bank of England may also follow this week and the European Central Bank. Fonterra Co-operative Group (ASX:FSF) Chairman John Monaghan has confirmed that he will retire as a Director.

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