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Financial markets have entered the trading week on the wrong side of the bed as the coronavirus nightmare intensifies.It was all gloom and doom across the board on Monday despite the Federal Reserve announcing a massive second wave of measures to shield the US economy from the coronavirus outbreak. With stock markets trading lower despite the Fed’s unlimited QE pledge, it suggests that investors remain on edge, cautious and hesitant to hold risk amid the unfavourable market conditions.The S&P 500 is under pressure on the weekly charts with prices trading around 2243 as of writing... Read More
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