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Markets Today: Split between the economy, virus and China
podcast In a light trading environment US equities futures and the USD drifted lower while equities in Europe also ended the day in negative territory. AUD and NZD extended their gains and closed higher on the week. Over the weekend, US and Victoria COVID-19 infections continue to rise while on the geopolitical front the Australian government warned retaliatory measures from China should be expected given Australia’s position on Hong Kong and the US sends Aircraft Carriers to South China Sea. Friday’s overnight price action was pretty muted given the US was out enjoying a long weekend celebrating Independence ... (full story)