Institutions: Risk assets may face further sell-off before Easter

Golden Ten Data reported on April 2 that Interactive Investor analyst Richard Hunter stated in a report that, as markets in Europe, Asia, and the Americas are about to enter the Easter long weekend, investors may further sell off risk assets such as stocks and corporate bonds for precautionary reasons. “Traders are unlikely to maintain positions ahead of a long weekend, as they have been caught off guard by unexpected events multiple times in the past,” he said. Following U.S. President Trump’s national address on Wednesday, warning that the Middle East war could escalate in the next two to three weeks, market risk appetite has already declined.