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September 01, 2020 10:18am
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MORNING BID-Fighting the Fed (or trying to)

A look at the day ahead from EMEA deputy markets editor Sujata Rao. The views expressed are her own. "Don't fight the Fed" is the old adage, but markets seem to be doing their best to do that anyway – another set of Fed measures on Tuesday was meant to reassure markets that the U.S. central bank was there to backstop and provide an adequate supply of dollars. Some of the stresses in the dollar markets have indeed abated and may do so further after this measure, which is mainly aimed at emerging
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