A street cleaning operative walks past the London Stock Exchange Group building in London’s financial district March 9, 2020. — Reuters pic
Investors were worried about a surge in virus cases in the United States, along with parts of Europe and Asia. Australia, India, Vietnam and North Korea were all on high alert. But the Fed was already disappearing in the rear-view mirror today. Investor focus returned to negotiations over a new coronavirus relief package for the world’s largest economy.
“At these equity prices there is absolutely no margin baked in. They are priced for utter perfection. Hence a little unease.” The dollar’s weakness has supported the euro, which is headed for its biggest monthly gain in 10 years, having risen about 5 per cent so far this month. It was last down 0.3 per cent at US$1.1755.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: malaymail - 🏆 1. / 86 Read more »
Source: malaymail - 🏆 1. / 86 Read more »
Oil prices gain as US crude stocks post steepest drawdown this yearNEW YORK: Oil prices edged up today after a steep drop in US crude inventories, but another record day for Covid-19 cases worldwide kept gains in chec...
Source: theSundaily - 🏆 25. / 51 Read more »
Source: theSundaily - 🏆 25. / 51 Read more »