The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
HEADLINES
* Equities surge for third day recouping huge losses, and up 17.5% from Monday’s lows!!
* Senate vote 96-0 to approve US$2 trillion fiscal package, House votes tomorrow….
* Fed Chair Powell, Fed will supply credit “aggressively and forthrightly”
– “when it comes to this lending we’re not going to run out of ammunition”
* If countries follow the Chinese model…. expect a Recession not a Depression
* Dollar slides as market sentiment continues to…
