The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
* Equities soar, the Kiwi flies as the bulls are running hard….
* Early testing for possible COVID vaccine from Moderna shows promising signs
– signs the drug can create an immune system response to fight the virus
* Whilst Germany and France agree to support €500bn Recovery Fund
-s till requires 27 European Union nations to agree so…… mmmm
* Powell interview, stressed the Central Bank has more ammunition to combat weakness