The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
* Weak close for Equities as the Dollar continues its strong run……
* Globally cases continue to rise, but rate of increase slowing
– lockdown extensions enacted, so how do we extract ourselves from lockdown??
– Ardern won’t rule out extending but the exact “exit criteria” being worked on!!
– hardly fills me with confidence, like the 100k homes, at least they have an excuse now!!
* Kiwi slid below 59cts and suspect…