Warning: file_exists(): File name is longer than the maximum allowed path length on this platform (260): C:\zpanel\hostdata\zadmin\public_html\forexbr_com_br/wp-content/cache/supercache/www.forexbr.com.br/2020/03/09/need-to-know-extreme-market-volatility-will-last-two-more-weeks-heres-how-to-trade-it-strategist-says/meta-wp-cache-a7ba3d93347e2f1887c86e3397af9147.php in C:\zpanel\hostdata\zadmin\public_html\forexbr_com_br\wp-content\plugins\wp-super-cache\wp-cache-phase2.php on line 71 Need to Know: Extreme market volatility will last two more weeks. Here’s how to trade it, strategist says – Forex Brasil

Need to Know: Extreme market volatility will last two more weeks. Here’s how to trade it, strategist says

He added: “We remain steadfastly proponents of covered bonds as a safe position.”

“As the market capitulates and the credit crisis hits first hedge funds as sovereign wealth funds sell equities, we expect the regime of extremely elevated volatility to last longer than we expected – another two weeks are likely ahead of us,” Galy said.

The S&P 500 SPX, -7.59% topped 3,300 points earlier this year, hitting all-time highs. But Saxo Bank market strategist Eleanor Creagh said the index could fall as low as 2,650 as a first support in the short term.

She said: “There is considerable uncertainty, but in our central scenario the Covid-19-related shock, liquidity pressures and now oil price hit exacerbate heightened anxieties and could see the S&P 500 heading towards 2650-2700 range as a first support.”

She added that the “lagging” U.S. response to the crisis could mean another bout of market volatility as improved virus testing leads to a surge in the number of cases.

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