“There is no doubt that these markets are addicted to stimulus, and any news which has stimulus inside it, is welcomed by market players with open arms,” noted Naeem Aslam, chief market analyst at AvaTrade.
“It has been a positive start to April and the second quarter from a risk point of view, with US indices surging,” said analyst Fawad Razaqzada at ThinkMarkets.The rebound in the US manufacturing sector was picking up pace in March, according to the latest survey data, helped boost sentiment. The organisation said the sluggish rollout was “prolonging the pandemic” and described Europe’s virus situation as “more worrying than we have seen in several months.”
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