Remarkable oil market sell-offs are likely to only rattle investors in the short term, as positive signs in the fight against the COVID-19 pandemic in developed economies emerged this week.

However, as the virus begins to take hold of emerging markets in the face of warnings from the WHO about a second wave of infections globally, are longer-term repercussions on the cards? Derek Halpenny, Head of Research for MUFG in EMEA, discusses the week ahead.

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Download: Optimism, but for how long? The Global Markets FX Week Ahead Podcast (MP3)

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