An Ugly Start To The Week

Risk sentiment isn’t looking good into Monday, as coronavirus fallout intensifies.

Risk sentiment isn’t looking good into Monday, as coronavirus fallout intensifies. One major US bank has called for a 30% decline in Q2 US GDP, while another leading institution has said markets are pricing a global recession. Adding additional fuel to the fire is the news out of the US, that the Democrats have blocked a $2 trillion rescue package.

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