Risks Too Numerous to Bear as Traders Tip-Toe Back From Easter
- All eyes on oil Monday after historic deal to cut crude output
- Investors hope IMF and G-20 announce measures to bolster EMs
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Make-or-break International Monetary Fund and Group-of-20 meetings, wrangling over oil, likely confirmation of China’s economic slump and the prospect of a collapse in company earnings.
The risks to global markets were almost too numerous to bear as traders prepared to return to work Monday after the Easter long weekend. And that’s even before they try to unpick the latest numbers on the ebb and flow of the Covid-19 pandemic.