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Asia Open – Are markets are falling out of love with stocks? Oil softens, Gold hovers

From marketpulse.com

Wall Street’s wild ride saw stocks settle lower as uncertainty persists on the trajectory of the coronavirus and after the Fed signaled a bigger than expected withdrawal of liquidity with the repo operations. Asia is headed for a mixed open after markets digest the new way China is calculating new coronavirus cases. Global stocks could still see some support on optimism that the virus peak could still be later this month is still supporting markets and after some positive strokes on the trade front were delivered by Trump and Xi. The main catalyst for the case for higher equities remains the promise of global ... (full story)

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  • Category: Fundamental Analysis