Today's
market sentiment is of an appetite for risk. Good manufacturing and service
data across Europe and China are fueling hope for a faster-than-expected
recovery.
European
equities and U.S. futures continue to rise this Monday, before another week of
results as discussions continue over a US pandemic relief package.
Yields of US
Treasurys fell on Friday, registering a weekly and monthly fall due to fears
over the economic consequences for the global economy of the coronavirus.
Oil prices
retreated in Asia, at a time when investors continued to weigh an uncertain
demand outlook and an expected rise in reserves with most producers reducing
production cuts.
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