Daily Alert – Wednesday 1st April 2020: Market calm continues; Trump says Saudis and Russia talking oil

Mark NugentApril 2020, Daily Alert

Daily Alert – Wednesday 1st April 2020: Market calm continues; Trump says Saudis and Russia talking oil

Equities are flat on the week, as is oil; GOLD drops as if we are risk-on, which we are not. Maybe the only thing that is reflecting sentiment is a strong JPY and weak AUD and NZD.

It’s the start of a new quarter and I feel the markets might like to get out of the week without any more tumult.

I will have a look later at JPY against the AUD and NZD, but it will take a lot to get me to place another trade this week.

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