Market Musings 03 Mar 20: FUD, FOMO , G7 , FED and Yo-Yo Price Action
FED Steps in as G-7 Disappoints: Gold Sparkles The G-7 solidarity statement issued after 12:00 today proved disappointing to the markets as co-ordinated monetary and fiscal intervention was expected but not forthcoming. This saw US futures drop whilst the UK and European markets trimmed their sails giving back some of the morning’s gains. This afternoon, the FED chief, Jerome Powell … Read More