{"componentChunkName":"component---src-templates-post-js","path":"/stock-markets-rally/","result":{"data":{"ghostPost":{"id":"Ghost__Post__5e7b3c34be01e4003782a462","title":"Stock markets rally","slug":"stock-markets-rally","featured":false,"feature_image":"https://images.unsplash.com/photo-1526948531399-320e7e40f0ca?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=2000&fit=max&ixid=eyJhcHBfaWQiOjExNzczfQ","excerpt":"Global stock markets have rallied after the US announced $1.8 trillion (£1.5 trillion) in economic relief to help struggling industries.","custom_excerpt":"Global stock markets have rallied after the US announced $1.8 trillion (£1.5 trillion) in economic relief to help struggling industries.","created_at_pretty":"25 March, 2020","published_at_pretty":"25 March, 2020","updated_at_pretty":"25 March, 2020","created_at":"2020-03-25T11:10:44.000+00:00","published_at":"2020-03-25T11:14:39.000+00:00","updated_at":"2020-03-25T11:14:39.000+00:00","meta_title":null,"meta_description":null,"og_description":null,"og_image":null,"og_title":null,"twitter_description":null,"twitter_image":null,"twitter_title":null,"authors":[{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null}],"primary_author":{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null},"primary_tag":null,"tags":[{"name":"#feed","slug":"hash-feed","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"multiply-minute","slug":"multiply-minute","description":"The 1-minute read to get the money news you need with expert adviser commentary","feature_image":null,"meta_description":null,"meta_title":null,"visibility":"public"}],"plaintext":"Get straight to the good stuff every day with the Multiply Minute; a\nlightning-quick round-up of the money news and how it affects you.\n\nBiggest package yet\nGlobal stock markets have rallied [https://www.bbc.co.uk/news/business-52030034] \nafter the US announced $1.8 trillion (£1.5 trillion) in economic relief to help\nstruggling industries. What’s in the package? Money for American workers and\nbusinesses to help prevent mass job losses. In response, share prices across the\nworld surged on Tuesday and Wednesday morning, continuing one of the most\nvolatile months ever in the financial markets.\n\nOil prices suppress inflation\nThe Consumer Prices Index (CPI) inflation rate was just 1.7% in February\n[https://www.cityam.com/uk-inflation-rate-falls-to-1-7-per-cent-in-february/],\nslightly lower than in January. The fall was mostly down to low oil prices,\nwhich suffered at the end of February when travel restrictions came in and\nairlines started cancelling flights. Remember the oil price war between Russia\nand Saudi Arabia earlier this month? When the March numbers come out, we’re\nexpecting them to show a further drop in inflation.\n\nEvictions not banned\nLast week the government announced that tenants would be protected from eviction\nduring the coronavirus crisis. But it’s forgotten that promise while drawing up\nlegislation, which instead says that landlords must give three months' notice,\nnot two\n[https://www.telegraph.co.uk/money/consumer-affairs/renters-could-still-face-eviction-government-coronavirus-plans/] \n(paywall). There’s nothing to stop them serving eviction notices to turf out\ntenants who can’t pay.\n\nAmazon rip-offs rife\nOnline shopping platforms are failing to stop profiteers\n[https://www.theguardian.com/business/2020/mar/25/amazon-and-ebay-failing-to-stop-covid-19-profiteers-says-which] \nfrom selling in-demand items at huge markups. Amazon Marketplace and eBay both\nhave hand sanitiser, loo rolls, thermometers, and baby formula for sale at\nextortionate prices. The consumer watchdog the Competition and Markets Authority\n(CMA) has set up a task force to try and crack down on the opportunists cashing\nin on supermarket shortages.","html":"

Get straight to the good stuff every day with the Multiply Minute; a lightning-quick round-up of the money news and how it affects you.

Biggest package yet

Global stock markets have rallied after the US announced $1.8 trillion (£1.5 trillion) in economic relief to help struggling industries. What’s in the package? Money for American workers and businesses to help prevent mass job losses. In response, share prices across the world surged on Tuesday and Wednesday morning, continuing one of the most volatile months ever in the financial markets.

Oil prices suppress inflation

The Consumer Prices Index (CPI) inflation rate was just 1.7% in February, slightly lower than in January. The fall was mostly down to low oil prices, which suffered at the end of February when travel restrictions came in and airlines started cancelling flights. Remember the oil price war between Russia and Saudi Arabia earlier this month? When the March numbers come out, we’re expecting them to show a further drop in inflation.

Evictions not banned

Last week the government announced that tenants would be protected from eviction during the coronavirus crisis. But it’s forgotten that promise while drawing up legislation, which instead says that landlords must give three months' notice, not two (paywall). There’s nothing to stop them serving eviction notices to turf out tenants who can’t pay.

Amazon rip-offs rife

Online shopping platforms are failing to stop profiteers from selling in-demand items at huge markups. Amazon Marketplace and eBay both have hand sanitiser, loo rolls, thermometers, and baby formula for sale at extortionate prices. The consumer watchdog the Competition and Markets Authority (CMA) has set up a task force to try and crack down on the opportunists cashing in on supermarket shortages.

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