17/06/2020

OMF Markets Daily Commentary Report

Written by Liz Bell
Home Education Articles OMF Markets Daily Commentary Report

The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.

HEADLINES

* Markets have recovered further post yesterday’s opening drop with further gains +2% overnight
– just when Trump looks k’od he is back up, considering a $1 trillion infrastructure package
– with the Fed’s freshly announced Corporate Bond buying package, do not write him off

* US Retail Sales bounce a record +17.7%, Sales ex food just 3.7% below January peak….

* Cheap existing drug €5, cut risk of death for those Ventilators by…

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