If there’s a theme this week, you could argue it’s watching people return to work and seeing how various states and countries deal with the challenges as they try to get going.
Tensions rose overnight on reports of more COVID-19 cases in South Korea after the country began easing restrictions. You don’t have to look far to find people worried about a second wave, with some experts warning about more danger ahead.
There isn’t a lot of data or earnings on the calendar, so it could be one of those sessions where people look for the latest headlines and trade-off the news of the day. That’s very difficult to trade, and means the potential for volatility is there. With that in mind, investors probably don’t want to get too complacent.
Crude had a weird night, falling initially and then clawing back this morning. It’s tempting to see crude as a