Market Event which could bring trading opportunities
(Reuters) – The Federal Reserve has moved into overdrive to try to keep the U.S. economy from suffering lasting damage from the coronavirus pandemic, announcing an emergency interest rate cut on March 3 and rolling out new efforts almost weekly since, including slashing rates to zero and relaunching large-scale asset purchases. The U.S. central bank,
This week the financial markets stopped serving as a mechanism to discount the future correctly, this forced central banks and government around the world to take strong measures to balance the panic. It helped however the SPX closed the week at the lows. Today 1.5tr USD exited the market on the option expiration. This might
The global markets captured a 20% to 30% drop given the recent news on the virus. Volatility is at year highs. Most countries are taken strong measures. Central Banks have the willingness to add more resources if necessary. Panic is near historical highs. It seems that it could be a window of time to consider




