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Investors, for precautionary reasons, may face further sell-offs of risk assets before Easter.
ME News Report, April 2 (UTC+8), Interactive Investor analyst Richard Hunter stated in a report that as markets in Europe, Asia, and parts of the Americas approach the Easter long weekend, investors may face further sell-offs in risky assets such as stocks and corporate bonds due to precautionary reasons. He pointed out that traders are unlikely to hold exposure before the long weekend, as they have been caught off guard multiple times by sudden events in the past. U.S. President Trump warned in a nationwide address on Wednesday that the Middle East conflict could escalate in the next two to three weeks, leading to a decline in market risk appetite. (Source: ChainCatcher)