Originally posted here:
Gold attempts to bounce higher to start April, second quarter amid coronavirus spread
Author: TaylahIngalls9
-
Gold attempts to bounce higher to start April, second quarter amid coronavirus spread
-
JPY Plunges as BOJ Adds Bond Buying
Japanese yen slumped as BOJ announced to extend asset purchases. USDJPY rose to a 5-day high of 115.02, while Japanese bonds also climbed higher, at the time of writing report. Wall Street consolidated after DJIA breached 20 000 for the first time a day ago.
Read more here:
JPY Plunges as BOJ Adds Bond Buying -
Output Freeze Expected to Offer Little Help to Restrain Supply
Volatility jumped with the VIX fear index urging to the highest level in 3 weeks. Risk assets got hammered. Wall Street retreated with DJIA and S&P 500 indices losing -0.98% and -1.2% respectively. Shares in Asia fell across the board in morning session today. In the commodity sector, crude oil pared gains made over the past two days.
More here:
Output Freeze Expected to Offer Little Help to Restrain Supply