Daily Market Review: Tech Selloff Continues, BoC Decides on Policy
Channel: JFD Brokers
Date: 2020-09-09

Daily Market Review by Charalambos Pissouros

Equity indices were a sea of red yesterday and during the Asian morning today, as the tech sell-off ignited last week, continued on the first trading day of the US markets for this week. Oil prices also continued to collapse, as the rising Covid cases may have hurt expectations over an improvement in demand for fuels. As for today, the main event on the agenda may be the BoC monetary policy decision. That said, we don’t expect policymakers to proceed with any changes.

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