Just as markets were starting to come to grips with the economic fallout of covid-19, we’ve seen the fears of a second virus wave make landfall these past two weeks.
This has led some states in the US to halt their reopening and also forced some to reinstate some lockdown restrictions. Needless to say, this has caused lots of uncertainty and have weighed on risk assets.
In the week ahead, there’s a couple of events which could tilt the balance either way for risk flows and can provide some excellent short-term trading opportunities.
This week ahead video will help you prepare for this week’s upcoming events and provide insights into how you could possibly trade it as well.
Highlights of the video:
00:35 – Current Baseline
02:38 – Baseline expectations for the upcoming risk event
07:18 – Possible sentiment shifts 11:03 – Possible currency pairs to consider