The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
* Some calm returns to markets. Coronavirus continues to dominate all aspects of trading
– Numbers continue to grow 17,469/360
– Officials looking at paring back Chinese GDP already down ard 6%, Q1 effects will ensure lower
– Chinese oil demand down around 20%, seeing another 3% fall in prices, OPEC to the rescue?
* Equities recovered 1/3 of Friday’s loses, whilst US Treasuries 10yr +2bps/1.53%
* Dollar stronger bouncing back from Friday’s…