Risk appetite ticks up again, may lift local market

By Rebecca Howard | Thu, 26 Mar 2020


Risk appetite may show some signs of life as the US Senate readies to vote on a US$2 trillion aid package to help the world's biggest economy weather the fallout from covid-19.   The S&P/NZX50 had already benefited from a rally on Wall Street on the prospect of the stimulus and may follow suit again today. Top aides to Republican President Donald Trump and senior Senate Republicans and Democrats agreed on the unprecedented stimulus bill in the early hours of Wednesday after five days of marathon talks, Reuters reported. The massive bil...