Business
ASX to slip, Wall St drifts lower – The Australian Financial Review
Australian shares were set to open down as global equities retreated on rising COVID-19 cases. $A drops.
Jim Bianco used a series of tweets to argue that the US Federal Reserve is all in when it comes to supporting markets. “Speculate all you want, even recklessly. The Fed will take care of any “disturbances”, even if they have to go ‘extra legal’.”
It was COVID-19 however that has resurfaced as a key concern for investors in both Europe and New York.
The UK reported almost 19,000 new cases, Italy reported a new daily record close to 9000. EU Commission chief Ursula von der Leyen had to quit the …
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