COVID worries get classic risk-off treatment
b'Tuesday 27th October 2020Markets are displaying classic risk-off moves today \\u2013 with equities down, bond prices up and the US dollar the safe haven currency of choice. The reasons are clear \\u2013 COVID cases continue to rise, a US stimulus won\\u2019t happen in a hurry and although the expectation of a Biden victory is clear there\\u2019s still the uncertainty of an election in a week\\u2019s time. NAB\\u2019s Rodrigo Catril talks through the moves, with the bad news overshadowing the good news \\u2013 like Melbourne\\u2019s economy reopening tomorrow, and Astra Zeneca\\u2019s latest vaccine trial news.
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