Market Overview (March 16 – 20): Fed Cuts Interest Rates to Near Zero In-light of Coronavirus.

Market Overview (March 16 – 20): Fed Cuts Interest Rates to Near Zero In-light of Coronavirus.

EGM Analytics Market Overview Podcast.
EGM Analytics Market Overview Podcast.


Here is a current snapshot of the macroeconomic reports. Each Tuesday, join Winsala Gbotemi publisher at EGM Analytics as he interviews finance experts to illuminate on the market outlook and overview for the week. This week, European countries are moving towards injecting liquidity into the System with France leading the way. We expect German ZEW Economic Sentiment for March may shed some light on how European businesses see the current situation. Expectations are too optimistic, lose-lose for EUR/USD. Trump’s tone changes in his report on the impact of coronavirus. Trump has changed his tone, affirming that the US is suffering a recession and that the global pandemic crisis may begin to ease up in the summer. The administration recommended prohibiting gatherings and other restrictions were announced. For more insights, this podcast is for you.

 

 

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