During the early Friday morning in Asia, the US House members voted 388 to 5 in favor of the $484 billion aid package for small businesses, hospitals, testing. The coronavirus (COVID-19) aid bill will shortly be on President Donald Trump’s table for signing before being a law.
FX implications
Given the wide expectations that the Bill will be passed to combat the Coronavirus (COVID-19), markets offer a little positive reaction to the news. On the contrary, the S&P 500 Futures are down 0.20% to 2,775 by the press time.
-
Federal Reserve: Working to expand PPPLF for additional SBA-qualified lenders as soon as possible
-
Coronavirus update: US CDC reports an increase of 25,858 new cases, 1,804 deaths as of April 22
-
US Sec. of State Pompeo: We strongly believe China didn’t report the new coronavirus outbreak in a timely fashion
-
White House Adviser Kudlow: Sees big rebound for US economy if reopens over next few weeks – Fox Business
-
US President Trump: 40% of counties have seen decline in new coronavirus cases
Share
