The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
* Positive start to the week, as cautious optimism lockdowns might be starting to work
– Trump looks to extend lockdown and new 5-minute Covid-19 test could be deployed this week…
* Dollar firms and DOW +2.7%
– Buying into month and Q1 end as rebalancing back into Equities or oversold ?? Time will tell!!
* Kiwi extends gains but finally pulls back to 60cts, Kiwi food story clearly a positive