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A sense of stability returned to financial markets on Thursday after big bazookas from central banks slightly soothed fears over the coronavirus outbreak and global economy.The European Central Bank (ECB) went all out by launching a mammoth €750 billion Pandemic Emergency Purchase Programme (PEPP) to calm markets and help the Eurozone economy. Down under, the Reserve Bank of Australia cut its official cash rate to a fresh historic low of 0.25% to cushion the economic impact of the coronavirus pandemic. South Africa’s central bank also pulled the monetary policy trigger by reducing the... Read More
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