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Stocks jump on virus drug hopes; Fed’s blank cheque pressures dollar

Global stocks extend gains on potential treatment for coronavirus and dovish Fed. But Trump’s China blame-game caps gains. Powell signals more stimulus may be needed, puts dollar on backfoot. ECB next on the agenda; will it pump more stimulus?Risk Warning: 73.57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRi...

Broadcast on:
30 Apr 2020

Global stocks extend gains on potential treatment for coronavirus and dovish Fed. But Trump’s China blame-game caps gains. Powell signals more stimulus may be needed, puts dollar on backfoot. ECB next on the agenda; will it pump more stimulus?

Risk Warning: 73.57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

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