US House Speaker Pelosi: Trump diagnosis changes dynamic of COVID relief negotiations

Eren Sengezer FXStreet

During an interview with MSNBC on Friday, US House Speaker Nancy Pelosi said that US President Donald Trump's coronavirus diagnosis changes the dynamic relief aid negotiations.

Pelosi further noted that they will continue to try to find "middle ground" in stimulus talks.

Market reaction

After starting the day sharply lower, the S&P 500 Index (DXY) recovered modestly but remains in the negative territory as safe-haven flows continue to dominate financial markets. At the moment, the SPX is down 0.85% on the day at 3,352.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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