Market Quick Take - April 3, 2020
An odd day yesterday on a very quiet day for global equities while oil markets saw intense volatility after US President Trump touted an expectation that Russia and Saudi would reduce oil production. Today features important US economic data, though the market seems unimpressed with historic bad data.
Market Quick Take - April 2, 2020
Markets went back into risk-off mode yesterday as the Trump administration's new forecast for the COVID-19 outbreak and extension of the US lockdown likely spooked investors as it means the economic pain will accelerate in the US.