US VP Pence: There are promising signs of progress in a number of states including New York

Anil Panchal FXStreet

While speaking at the regular coronavirus (COVID-19) task force briefings, US Vice President (VP) Mike Pence struck an upbeat tone while reiterating the previous comments spread by US President Donald Trump.

Key quotes

There are promising signs of progress in a number of states including New York.

Several major metro areas including New York appear beyond peak.

We’re reaping the benefits thanks to Americans’ commitment to the directives.

FX implications

Considering the absence of no majorly positive news, coupled with a lack of any signal on how the results will be responded, markets paid a little heed to the comments. As a result, S&P 500 Futures begin Friday’s trading session by being flat near 2,780.

Author

Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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