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Banks & financial markets

Will coronavirus accelerate the move towards a cashless economy?

The use of cash fell substantially in the early days of the Covid-19 pandemic with the acceleration in online shopping and contactless payments – but cash usage has bounced back as lockdown has eased. Long-term prospects for retail payments remain uncertain. It is still too early to tell whether Covid-19 and the public health interventions […]

Categories
Banks & financial markets

What explains stock market reactions to the pandemic?

Share prices around the world fell dramatically earlier this year amid fears about the financial implications of the pandemic, but since then prices have recovered around half of their losses. How can we explain what has been happening on the stock market? Between 19 February and 23 March, the share prices of the largest companies […]