Meanwhile, U.S. Treasury Secretary Steven Mnuchin said Sunday that the unemployment rate stateside may have already reached 25% as the administration seeks to reopen the country's economy.
Stocks in Asia were set to trade higher on Monday as hopes rise on economies reopening, even as U.S. reported record job losses in April. Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 20,270 while its counterpart in Osaka was at 20,230. That compared against theShares in Australia were also set for a positive start to the trading week. The SPI futures contract was at 5,405, as compared to the U.K. Prime Minister Boris Johnson outlined over the weekend a "
Set to edge higher on algos and fomo, nothing to do with reopening or reality
CNBC just having to make up reasons why stocks keep going up lol. “Hopes of reopening” been used for 2 weeks now lol. We know why they keep going up.
happy mothers day to all
New wave of the virus starting in Wuhan. And futures up. This is absolutely sick and disgusting what central banks rea doing. This is not business, this is a mental issue.
S&P , go up 3000 FEd buy all , privatize all , GO ,
When in doubt, reopening is the excuse to cover central bank intervention.
🚀
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