The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
* Global equity markets fell overnight, and safe havens were brought as coronavirus economic paralysis continues to fuel market concern.
* OPEC backs massive oil cuts – no reaction from Russia.
– Gold prices surged spurred by safe haven flows
* Kiwi holds steady as U.S. dollar index falls.
* Data today – US Non-Farm Employment Change, Unemployment Rate, Trade Balance; Australian Retail Sales