Oil carnage drags petrocurrencies down, as markets look to Fed
As some countries ease the Covid-19 lockdowns, markets respond positively with fear gauge, the VIX, at its lowest in a month
28 April 2020 - 12:11
London — Another big fall in oil prices dragged hordes of petrocurrencies under on Tuesday but even an HSBC warning of mounting bad credit and a near 80% plunge in BP’s profits could not keep stock markets down for long.
There was some relatively good news to go with the bad and ugly numbers...
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