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Institutions: Risk assets may face further sell-offs before Easter
Golden Finance News reported on April 2 that Interactive Investor analyst Richard Hunter said in a report that, as some markets in Europe, Asia, and the Americas are about to enter the Easter long weekend, investors may see further selling pressure on risk assets such as stocks and corporate bonds for precautionary reasons. “Traders are unlikely to carry exposure into the long weekend because they have repeatedly been caught off guard by sudden developments,” he said. After U.S. President Donald Trump warned during his Wednesday nationwide address that the Middle East war could escalate over the next two to three weeks, market risk appetite has declined.