Markets may lift as attention shifts to US politics from virus

Thu, 05 Mar 2020

Markets may fare better after Wall Street got an overnight lift when Joe Biden overtook Bernie Sanders to be the new front-runner for the Democratic presidential nomination. “In an otherwise gloomy week for US equities, the resurgence of Joe Biden in the race for the Democratic presidential nomination provides, at least at face value, one piece of good news,” said Capital Economics in a note. “Markets like a known quantity,” said Kiwibank FX trader Mike Shirley. Meanwhile, former New York mayor Michael Bloomberg ended his presidential...

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