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.
Market Quick Take - April 1, 2020
Markets are soft overnight after a choppy last-day-of-the-quarter session yesterday that failed to take out key resistance levels. The USD traded softer after the Fed announced yet another initiative yesterday, this time a repo facility with foreign central banks allowing them to swap treasuries for US dollars.