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July 10, 2020 06:40 GMT
Safe haven continuation from the........>
MARKET TALK
MARKET TALK: Safe haven continuation from the overnight Asian session, continues
to drive assets, on the European open.
-The Chinese two state-backed funds planning to trim holdings has put pressure
on risk.
-Also a wider spread in Covid-19 cases, has few countries reviewing their
opening pace.
*Australia will limit inbound travel, following new spikes.
*Hong Kong suspends all schools
*US hit the 60k cases mark.
*Mexico sees daily record cases for the last 2 days.
-With a lighter day on the data front, going into the weekend, besides French
IP, Italian IP, US PPI, and Earning season starting next week. Safe heaven will
likely remain supported.
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