And back to the safe havens

Friday 6th March 2020 Markets have switched back to risk-off mood – as if they ever really went away – with big falls in equities, a shift to safer haven currencies and weakening bond yields, as the number of COVID-19 cases nears 100,000. Phil Dobbie talks to NAB’s Gavin Friend about the latest market moves, predictions on the impact of the virus on the global economy, and the latest responses from governments around the world. Normally, the US non-farm payrolls wold be a topic of discussion at this time of the month, but like so much data lately, it has somewhat been overtaken by events.