22/04/2020

OMF Markets Daily Commentary Report

Written by omf-markets
Home Education Articles OMF Markets Daily Commentary Report

The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.

HEADLINES

* Oil turmoil continues to rattle markets as prices continue to plunge
– spill over into June WTI contract dropped 50%, and now trading at $10
– oil demand off 30m bpd, OPEC’s 10m bpd cut won’t support prices

* Equities off 3% whilst Stoxx -3.5% & Germany -4%
– far easier to join the consensus and be negative but confident in the three months worst ever!!

* US Treasuries 10yr hit 0.54%…

ARTICLES: Email

Sign up to access full content

Sign up to access all of OMF’s exclusive content, newsletters and reports. Sign in once, enjoy all our content free.

Sign up for alerts and a range of OMF reports

Call us around the clock

+61 2 8317 3131

Need help? Email us

[email protected]

Join us