- China reports zero COVID-19 related deaths for the first time since January
- Global markets rally continues for a second day
- UK PM Boris Johnson in ICU with worsening coronavirus symptoms, but sterling rises
- S&P 500 completed short-term uptrend on Monday
Global stocks and U.S equity futures extended yesterday’s gains on Tuesday, fueled by fresh signs that the coronavirus pandemic could be flattening in some global hotspots. As well, risk assets gained additional traction from Wall Street’s buoyant Monday session. Nevertheless, the number of U.S. deaths from COVID-19 have now topped 10,000.
Treasurys continued to sell off along with the U.S. dollar.
Global Financial Affairs
Contracts on the four main U.S. indices—the , , and —have each climbed more than 3% at time of writing, with futures on the Dow Jones Industrial Average currently nearing the 4% mark. U.S. futures appear to have picked up where their underlying benchmarks left off yesterday. Each of the underlying…