Focus on central bank measures to combat Covid-19
AFTER a week where global equities had their worst run since 2008's global financial crisis, investors are likely to place their attention on the easing efforts by central banks amid the worsening spread of Covid-19.
"Major central bankers are set to roll out further supportive measures this week, as policymakers attempt to shore up their respective economies," FXTM market analyst Han Tan said.
This, Mr Tan added, might include the US Federal Reserve moving ahead of its midweek meeting to announce a Fed Funds Rate cut of 25 basis points (bps) to its lowest levels since 2015.
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