Back in business? China attempts to restart its economy after Covid-19 shutdown

US equities rose sharply overnight despite the news unemployment claims in the US have risen to 3.2 million for the week to March 21.

Equities are on the rise in the US and Europe.

Markets reversed a little overnight with US and European equities rising.

The US Fed announces unlimited QE.

The US economy is undergoing a severe contraction.

It’s likely prices will fall further as more countries and regions go into lockdown.

Oil has shot up in price, with equities rising too and there’s a bit more interest in government bonds.

Big falls in equities and oil, as well as widespread selling of government bonds, even gold is being ditched.