Markets search for stability, but for how long?

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Markets search for stability, but for how long?
 © FinancialMirror 2021
By Lukman Otunuga, Senior Research Analyst at FXTM

Asian equities marched higher with US futures in the green, while China’s stocks stabilised on Tuesday morning despite coronavirus cases topping 20,000 with 425 confirmed deaths.

The recovery in risk sentiment may be based around official efforts to calm virus fears, China’s central bank pumping 1.2 trillion yuan into the economy and the unexpected rebound in US manufacturing overnight.

With China also welcoming assistance from the United States to fight the virus outbreak, this could sweeten appetite towards stock markets in the near term....


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This article was automatically added to our system 4-2-2020

Markets search for stability, but for how long?


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Article Tags: markets, search, stability,