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OVERNIGHT: "Risk off" -Apple, which....>

MARKET TALK
MARKET TALK: OVERNIGHT: "Risk off" 
-Apple, which warned that it probably won't manage to meet its Q1 revenue
guidance as the Covid-19 outbreak. 
-RBA deemed Covid-19 a "material" risk 
-Asian currencies once again under pressure, with Covid-19 at the forefront. S.
Korean Pres Moon calling his country's econ situation an emergency.
** All of this is once again, favouring safer haven, with German and US long end
futures on the front foot, with decent bull flattening. 
*For Germany, focus this morning in on the German 2yr Schatz Auction, which
should keep the flattening bias going into the bidding deadline.

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