OctaFX | OctaFX Forex Broker
Open trading account

US Senate Republicans to vote on coronavirus bill on Wednesday – Reuters

The Republican-led US Senate is expected to vote on a multibillion-dollar coronavirus bill on Wednesday, Reuters reported, citing a source familiar with the matter.

The bill was approved by the Democratic-controlled House of Representatives over the weekend, the source told Reuters and added that Republicans were still working to "address the concerns of the final holdouts among their party caucus."

Market reaction

Wall Street's main indexes erased a portion of earlier losses but remain deep in the negative territory. As of writing, the Dow Jones Industrial Average was down 4.2% on the day and the S&P 500 was erasing 3%. 

EUR/USD: Fresh weekly lows

Markets show panic continues, while unconventional monetary measures are on the table. German Chancellor Angela Merkel said will do ‘whatever is neces
Read more Previous

Coronavirus: Deeper recession and longer rebound – ABN Amro

Economists at ABN Amro have revised down their global economic growth forecasts. They expect a deeper economic contraction in the near term, but also
Read more Next
Start livechat