US Senate COVID-19 bill fails to get enough votes to clear first procedural hurdle, voting continues

Resters reports that the US Senate COVID-19 bill failed to get enough votes to clear first procedural hurdle, voting continues. Democrats are sending signal to republicans on need to revise bill, negotiations thus continue.

We are seeing widespread risk-off in markets, with EUR/USD falling to the lowest levels since 2017, oil tested below $21 and we are seeing limit down in US stock futures in the open today. More on that here: Risk-off open: US stock futures fall 5% hitting 'limit down', oil drops to test below $21bbls WTI