The Fed in March increased the frequency of 7-day maturity operations from weekly to daily as part of the swap line arrangements with the important central banks
Brent crude LCOc1 rose $1.09, or 2.6%, to $42.60 by 0829 GMT, the highest from June 8. U.S. West Texas Intermediate (WTI) crude CLc1 spiked $1.07, or 2.8%, to $39.91
Developing Asia may post the slowest growth in six decades in 2020 ADB sticks by 6.2% growth forecast in the region in 2021, China's 2020 growth seen at 1.8% vs earlier 2.2% forecast