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A busy morning session for FX, with EM and....>

FOREX
FOREX: A busy morning session for FX, with EM and CEE, benefiting from some of
the global equities pullbacks. 
-AUDUSD have stayed better bid from the overnight session and up over 1% against
the USD. 
-USDJPY is bid with Equities higher, and held its ground after the BOJ liquidity
pledge. 
-Main story this morning saw countries introducing short selling bans, with
Italy & Spain banned in all U.K. for the day. 
-South Korea introduced short selling for 6 months. 
-The better global Equity provided some decent strengthening into EM and CEE FX,
following some disastrous past sessions. 
-In Scandies, Norges Bank cut rates by 50bps , adding that they would consider
further cut and reduces countercyclical buffers. NOK has gained and is
underpinned.
-Sweden cut countercyclical to zero, with the reduction equating to 45bn SEK.
 -Sweden: The loans will be at a variable rate equivalent to the repo rate.
Energy BulletsCommodities
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