
Risk off sentiment drives the greenback higher – Month in Review: September 2020
After a series of positive months for the US equity markets, September was meant to be a time for correction as the S&P 500 saw a moderate decline of around 4%.
After a series of positive months for the US equity markets, September was meant to be a time for correction as the S&P 500 saw a moderate decline of around 4%.
Just like the two months that came before it, August was yet another bullish month for the global equity markets, with the benchmark S&P 500 returning approximately 7%.
July was another positive month for the global money markets in general as the major central banks continue their effort to stimulate their domestic economies.
June was a positive month for the global money markets in general following the major central banks’ commitment to stimulate their domestic economies with aggressive monetary policy actions.