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Europe open – COVID-19, PBOC, oil, gold, bitcoin
Markets back in the red The usual Monday morning sell-off has been less severe than we’ve seen in recent weeks, although Europe has been moving deeper into the red in early trade after a relatively unchanged open so that may change quickly. Asia wasn’t so lucky but then, there was some catch up to be had following another sharp decline in Europe and the US on Friday. The losses are pretty modest by recent standards as well so investors may even be a little encouraged, depending on how the rest of the day goes in Europe and the US. The news over the weekend was no more pleasant, with the death count nearing ... (full story)