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Risk-on sentiment fueled by the news from the United States - 26.03.2020

Global stocks surge despite the coronavirus outbreak continues, as investors cheer the efforts taken by governments and central banks to mitigate the hit from the disease. Against this backdrop, Wall Street stocks posted their first back-to-back gains in over a month while the dollar is on the defensive against the majors amid a lack of safe-haven demand.

Oil prices continue to oscillate around the $30 psychological level amid the lingering uncertainty over the outlook for energy demand.