VIX jumps on nervousness while Chinese markets continue higher

Today's slide deck: bit.ly/3gAUjEsYesterday's session brought a breakdown of risk sentiment with the VIX jumping to almost 30 and equities falling extending a bit this morning. Gold is getting close to pushing through the 1,800 level which could prove significant and attract a lot long bets from CTAs. Oil has failed to push higher amid weakness in equities and concerns over demand as the COVID-19 outbreak worsens in the Sun Belt states. We are touching on Chinese equities and currency today which have strengthen dramatically over the past two weeks. Today with Peter Garnry on equities and Kay-Van Petersen on macro.