Daily Market Review: Equities Rebound on Fed’s Bond Announcement, Chair Powell Testifies
Channel: JFD Brokers
Date: 16/06/2020

Daily Market Review by Charalambos Pissouros

Equities and risk-linked currencies rebounded yesterday, while safe havens came under selling interest after the Fed announced tweaks to its bond purchases, widening the range of eligible assets to include all US corporate bonds. Today, market participants may stay on the lookout for fresh comments by Fed Chair Powell, who delivers his semi-annual testimony on monetary policy before the Senate Banking Committee.

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