(Bloomberg) — What started with the biggest oil-price collapse since 1991 is shaping up to be one of the wildest days in years for global markets.Panic selling, margin calls, vanishing liquidity and coronavirus work-from-home arrangements were just some of the challenges traders faced as risk assets plunged, currency volatility soared and money flooded into government bonds. They also had to figure out how an oil-price war and rapidly spreading outbreak will affect the global economy, companies and geopolitics.“The day has been absolutely chaotic,” said Eugene Kang, whose team trades assets including Russian government bonds at NH Investment & Securities Co. …read more
Source:: Yahoo Finance
