
European and US markets continued to move higher and pull back continues in emerging market equities. The virus death toll in those economies are abating and governments are exploring ways to open up the economy.
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Asian Markets this morning is showing mixed trends some markets such as Nikkei is down slightly while few other markets are eking out small gains. Crude oil continues to fall due to the fear of shortage of storage. There are no other macroeconomic triggers other than the talk of opening up. The central banks loosening the policy and more governments spending are not new normal there fore they are not a trigger for markets to move up. The volatility continues to fall globally from very high levels.
Calendar events. India fiscal deficit and infrastructure output numbers will be out on this Thursday and Forex reserve position will be out on Friday. Government is still debating whether or not to roll over the lockdown. There are also talk of restarting the economic activity. Options Terms for Beginners.
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