Broken Markets Seeking Lifeline Struggle to Look Past Infections

Broken Markets Seeking Lifeline Struggle to Look Past Infections

Asia equity futures, Middle East stocks point to negative open. The Norwegian krone was weaker, while New Zealand's dollar slipped and remained down after the country's central bank announced quantitative easing .. Some of the international banks, especially the European banks, are far underfunded in dollar reserves.. So swap lines for central banks are a very important key component.. "We have been very careful in advising clients to take a very cautious stance towards U.S. equities because we think the worst is to come.". "Market volatility might continue in global equities but the downside risk appears to be limited after declining by an average of 30% since the start of 2020.. "Long-term investors might access the current environment in analyzing fundamental companies that are expected to benefit once the current environment has been stabilized.". Aid Talks Stumble; Stay-at-Home Orders Expand: Virus Update.