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The world’s financial and commodity markets were suddenly shaken. The reason is that the number one person in the United States (US), President Donald Trump, tested positive for the Corona virus.
Trump and his wife, Melania, immediately self-quarantined after the Corona test results came out. Investors were surprised by this news.
As a result, global commodity and financial markets were volatile. One of them is the US dollar.
This morning the dollar had weakened, but this afternoon it strengthened against the rupee. Up and down like a wild horse.
At 13.00 WIB this afternoon, the US dollar was at the 14,850 rupee level. Strengthened by about 0.2% after weakening this morning.
This morning, the exchange rate of the United States dollar (US) against the rupee stood at the level of 14,765 rupees. This figure was registered with a decrease of 184 points (1.17%).
Additionally, stock index futures for the S&P 500 EScv1 were down 1.21% in Asian markets, while Treasury bond yields also fell.
Stock index futures consist of stocks selected from an index that are traded on the international stock markets. This index is also usually an indicator of the economy of a country.
Dow Jones Industrial Average stock index futures also fell 435 points.
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