Equity markets try to erase coronavirus sell-off; is the panic over?

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Equity markets try to erase coronavirus...
 © FinancialMirror 2020
By Hussein Sayed, Chief Market Strategist at FXTM

The panic seems to be over. US stocks are back to record highs, Treasury yields have risen, Gold has sold off and equities across Asian and European markets are recovering from last week’s sell-off.

Interestingly though, no vaccine for the coronavirus which triggered the sell-off has been discovered yet, with the death toll jumping to 563 as of Wednesday night. Infections also continue to be on the rise with 2,987 new confirmed cases. So, what is driving risk assets?

Multiple factors may...


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This article was automatically added to our system 6-2-2020

Equity markets try to erase coronavirus sell-off; is the panic over?


The contents of this article including any associated images are © FinancialMirror 2020
Views & opinions expressed in this article are those of the author and/or FinancialMirror .

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Article Tags: equity, markets, erase, coronavirus, panic,