ALB Limited 18.06.2020
Virus concerns emerges & will BoE come up with a plan ?
DAILY BRIEF—Stocks edged lower with U.S. equity futures on Thursday as investors sought fresh catalysts for gains amid a rising numbers of coronavirus infections in some countries while the Treasuries advanced. The Stoxx Europe 600 opened in the red, with travel shares and miners leading declines.
It’s Bank of England decision day and officials are expected to increase bond purchases as they continue to attempt to protect the economy from the impact of the coronavirus. While speculation over negative rates has abated somewhat, there’s been some talk that the BoE could impose yield-curve control.
Former U.S. National Security Advisor John Bolton gives a devastating portrayal of Trump’s conduct of foreign policy in a new book. Bolton says the president asked Chinese leader Xi Jinping to help him win re-election by buying more U.S. farm products, according to an excerpt published by the Wall Street Journal.
