The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
* Day 1 lockdown and let’s put a smile on your face as Equities rally further on US Fiscal package
– agreed (but unsigned) to a US$2 trillion (10% GDP) package, $500bn loans to Businesses and Cities
– a positive close would be the first back-to-back gains in six weeks and a 14% rally over two days
– two up days and a few people questioning have we seen the lows?? A brave…