The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
* Equities surge “again” including NZ, which saw a 3% gain
– S&P 500 now up 28.5% from March 23 lows…. WOW
– gains made as US describes roadmap to reopening the economy
– discussions over further aid for SMEs and extra $500bn for State Governments
* Overall cases and COVID-19 deaths appear to be slowing across Europe and the US
– Gilead Sciences anti -viral success on some severely affected patients,…