The central bank will offer $500 billion in a three-month repo operation at 1:30 pm eastern Thursday
The ECB said it would give businesses more ultra-cheap loans, raise asset purchases and provide banks with capital relief
Market correction was long overdue
Most investors expect the Fed to cut the benchmark borrowing rate again at the March 17-18 policy meeting to stem the economic uncertainty
Investors who picked companies with strong business franchises in the year 2008 or 2012 have seen a multi-fold jump in their portfolio values
As manufacturing in China recovers, so will the demand for raw materials
The S&P index recorded two new 52-week highs and 135 new lows, while the Nasdaq recorded eight new highs and 415 new lows.
Officials will also be looking for any sign of real change on the horizon, in terms of slower growth or higher unemployment, he said
Monetary accommodation may not help in India
Business Standard Opinion pieces for the day talk about bank merger and coronavirus among other issues.
Reserve Bank of India (RBI) Governor Shaktikanta Das told Bloomberg in an interview on Tuesday that the central bank was ready to do whatever was needed to address a slowdown.
In Mumbai's physical market on Wednesday, gold prices had risen after the US Federal Reserve announced one of its steepest cuts of 0.5 per cent in interest rate
The Fed cut interest rates by a half percentage point on Tuesday in an emergency move to mitigate the possible economic effects of the flu-like illness on the world's largest economy
Gold and silver rise sharply on safe-haven appeal in a global economy prone to more downside risk
Yield on 10-year G-Sec slips to over three-year low of 6.23%
While the coronavirus outbreak is already disrupting global supply chains, slowing industrial activity, grounding flights and hitting financial markets, central banks have more reason to hold out.
The benchmark 10-year Indian bond yield dropped 8 basis points (bps) to 6.26%
The Fed trimmed interest rates by 50 basis points on Tuesday in an emergency move to safeguard the world's largest economy from the impact of the epidemic
Brent crude lost 17 cents to trade at $51.73 a barrel by 1:28 p.m. EST (1628 GMT). U.S. crude traded 1 cent lower at $46.74 a barrel
The Dow Jones Industrial Average dropped 2.94% to end at 25,917.41 points, while the S&P 500 lost 2.81% to finish at 3,003.37