Positive moods in Europe, we expect a rebound at the start

European markets are set to rebound at the open Tuesday as investors react positively to the U.S. Federal Reserve’s announced open-ended asset purchase program on Monday, as well as other measures to keep the market functioning.

Germany is set to unveil major stimulus measures as the death toll from the virus rises throughout Europe. Both the region and the U.S. have seen a dramatic increase in the number of infected in recent weeks.

Global stock markets are being boosted by the Fed’s pledge Monday that it will run an open-ended asset purchase program amid the global coronavirus outbreak.

The central bank said the program will run in the “amounts needed to support smooth market functioning and effective transmission of monetary policy to broader financial conditions and the economy.”

International focus remains on the spread of the coronavirus pandemic. The World Health Organization warned Monday that the pandemic is picking up pace.

Read more:
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance