Currencies
G20 pledges to do "whatever it takes" to tackle Covid-19 pandemic
The G20 insisted on Thursday it would do “whatever it takes” to overcome the coronavirus outbreak.
ECB rules out using eurozone debt crisis tool for Covid-19 - reports
The European Central Bank has reportedly ruled out using the emergency Outright Monetary Transactions scheme to tackle the economic fallout from the coronavirus outbreak.
BoE keeps door open to further increase in asset purchases
Rate-setters at the Old Lady of Threadneedle Street warned on Thursday that a "sharp" contraction in economic activity around the globe was likely, alongside a "rapid" rise in unemployment across many economies.
US pre-open: Stocks set to dip following surge in weekly jobless claims
Shares on Wall Street are being called to start the session slightly lower following the release of jobless claims figure that brought the worsening conditions in the US economy and jobs market into stark relief.
US initial jobless claims surge past 3m due to Covid-19
The number of Americans filing for unemployment benefits surged to a record 3. 28 million last week as businesses shut down and people were let go due to the coronavirus.
'We're not going to run out of ammunition', Fed's Powell says
Federal Reserve President, Jerome Powell, told US broadcaster NBC that the central bank is not going to "run out of ammunition".