March 19, 2020 BY Valentina Kirilova

Daily market commentary: The pound is quite simply collapsing

OIL  Oil is experiencing a perfect storm in which coronavirus is destroying the demand side, while supply is overwhelmed by the deluge on offer from Saudi Arabia. As a result, the price crashed to an historic low at $20, before attempting a rebound to $23. This scenario will probably not last for long, as for…

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