The local market has opened up 1.1 per cent on Tuesday, but “goodness knows what’s going to happen throughout the day” according to Sky News business editor Ticky Fullerton. On Monday at open the ASX was down approximately 5.6 per cent. “The reason for the slightly more positive news is the Federal Reserve in the US saying they’ll do whatever it takes on quantitative easing,” Ms Fullerton said. “With that said though, President Trump is struggling to get his $1.6 trillion stimulus package through.” Image: Getty
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Monday, March 23, 2020
ASX positive in early trade, up 1.1 per cent
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