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Coronavirus leaves 56 MILLION on lockdown in 14 cities
Author: Valentin77V
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Coronavirus leaves 56 MILLION on lockdown in 14 cities
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Terrorist Threat Weighed on Sentiment
A terrorist attack as St Petersburg, Russia weighed on sentiment, driving investors to safe-haven assets. Equities weakened in both Europe and the US. European shares dropped from the highest levels in 16 months, led by financial and energy sectors. Wall Street slipped with DJIA and S&P 500 indices losing -0.05% and -0.16% respectively.
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Terrorist Threat Weighed on Sentiment -
Weekly Fundamentals – Plan to Suspend Oil Output Unlikely Materialises
US employment environment continued to improve in March. Non-farm payrolls increased +215K last month, compared with an upwardly revised +245K addition in February. The market had anticipated a milder increase of +208K. The unemployment rate, however, edged higher to 5% from February’s 4.9%.
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Weekly Fundamentals – Plan to Suspend Oil Output Unlikely Materialises