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New York may need military assistance amid coronavirus crisis, says mayor, stocks negative

New York City mayor Bill de Blasio has said that he may need assistance from the military amid the coronavirus crisis. The number of confirmed cases has reached 923 and a surge in infections is projected. 

America's largest city is the financial capital of the world and seeing soldiers on the streets may add to the risk-off sentiment. Stocks are on the back foot. 

 

BoE's Bailey: Measures such as helicopter money are for government to decide

Bank of England Governor Bailey on Wednesday said measures such as 'helicopter money' were fiscal and would be for the government to decide. Regarding
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EUR/GBP jumps to 7-month highs beyond 0.9200

The downside pressure around the quid is motivating EUR/GBP to trespass the 0.9200 mark and advance to fresh 7-month highs. EUR/GBP stronger on GBP-se
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