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Policy interventions continue to come in...>

EQUITIES
EQUITIES: Policy interventions continue to come in thick and fast as governments
and central banks desperately try to backstop the economy. The ECB held an
emergency meeting last night and agreed to a new EUR750bln asset purchase
programme. Equities remain unfazed.
- Asian stocks have been weak across the board, while European equities are
looking for direction in early trade.
- The Nikkei lost 1% and Australia's ASX 200 is down 3%.
- The Philippines PSEi and the Korean Kospi were among the biggest causalities
in today's trade, down 13% and 8%, respectively. 
- Even with evidence that the coronavirus tide could be turning in China, the
Shanghai Composite is down 1%.

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