04/02/2020

OMF Markets Daily Commentary Report

Written by omf-markets
Home Education Articles OMF Markets Daily Commentary Report

The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.

HEADLINES

* 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…

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