By Chris Becker
So the first quarter of 2020 is over – doesn’t it feel like a year already? Stocks did their usual reshuffle overnight as end-month/end-quarter rebalancing saw more bond purchases, pushing Treasury yields down to more record lows, while currency markets were again relatively stable with some commodity proxies sliding back a little against USD, particularly the Loonie.
Today will see the release of the RBA minutes from its extraordinary meeting plus the latest Chinese and Japanese manufacturing PMI prints.