Daily Market Review: Market Turmoil Continues as Central Banks Fail to Ease Panic
Channel: JFD Brokers
Date: 2020-03-17

Daily Market Review by Charalambos Pissouros

Major EU and US indices tumbled yesterday, despite the further easing by the RBNZ, the Fed and the BoJ. It seems that the bold actions by the former two Banks raised concerns that central banks are spending too much ammunition too early. On top of that, it seems that the restrictive measures worldwide have done very little to contain the spreading of the virus, with investors still biting their nails over whether and when all this will end.

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