Monetary Policy is No Cure to Coronavirus Crash as Selloff in Europe Extends
Fed’s all-in easing, together with RBNZ and BoJ stimulus, provide no apparent support to market sentiment. Number of coronavirus cases continued to skyrocket, breaking 170,000 level today. More importantly, deaths totals hit 6,680. Selloff intensifies in European session with FTSE, DAX and CAC breaking through Friday’s spike low. US futures also point to another deep […]
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