Greater volatility ahead due to Covid-19


Russia decided not to follow Opec’s plan and caused oil prices to tumble.

LAST week was very eventful events as the Fed lowered interest rates and Bank of Canada cut rates 50 basis points, market volatility went up and there was a division in Opec.

Russia decided not to follow Opec’s plan and caused oil prices to tumble. Meanwhile, bond yields reached new record lows, the US dollar decreased while most of the world indices finished in the red.

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Opec , Covid-19 , Federal Reserve , Russia , volatility

   

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