The Monday Report - 15 February 2021
Groundhog Day Victoria back in lockdown, the ASX200 tumbles to a -0.6% close. We’ve been here before. As of Friday Captain Dan was calling only a five-day circuit breaker, akin to South Australia’s recent three-day jaunt which only lasted those three days. Mind you that was only one case, not 13 as was the situation in Melbourne on Friday. On Saturday morning, the futures closed up 37 points. This smacks of traders believing such snap lockdowns have shown to be a storm in a tea cup. Wall Street did nothing on Friday night, so futures strength can only be domestically oriented (outside of ...
Source: fnarena.com