Risk-off moves accelerate.....>

GLOBAL MARKET/OPINION: Risk-off moves accelerate in recent trade, with equities

plumbing new lows and a further bidtone being observed in the greenback as

Harris County, Texas declare a top-level emergency due to COVID-19. Adding

further fuel is a report in Dow Jones: 

- "Chinese leaders have accused Washington of meddling in areas such as Hong

Kong, where China is imposing a sweeping national-security law, and Taiwan,

which Beijing considers as part of China."

- Follows the Senate unanimously passing a bill this week to sanction Chinese

officials, business and banks that "undermine HK's autonomy". Threat supposedly

made at meeting between Mike Pompeo and Yang Jiechi in Hawaii last week.

- Article also notes: "Mr. Pompeo didn't give any ground, said those briefed on

the talks."

- Treasury yields also circling new daily lows as headlines cross.