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Itlay PM Conte: Adopting even tougher measures to combat coronavirus – Reuters news

Itlay Prime Minister  Conte: is crossing the wires and has said that they are "adopting even tougher measures to combat coronavirus."

Key notes

  •  
  • Will no longer be "red zone", all of Italy will be under same condition.
  • Conte says movement will be restricted all over Italy.
  • People should not move other than for work and emergencies.
  • All public gatherings will be banned.
  • Decision needed to defend most fragile members of community.
  • The right behaviour for people now is to stay at home.
  • Sporting events including soccer matches will be suspended.

 

JPMorgan, Deutsche Bank now see ECB cutting rates this week - BBG

Bloomberg News reports that economists are increasingly counting on the European Central Bank to cut interest rates on Thursday, with Deutsche Bank AG
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AUD/USD pressured below 0.66 handle and 2020's VPOC

AUD/USD is currently trading a 0.6586, down 0.88% at the time of writing having travelled in a wide range between 0.6684 and 0.6314 pertaining to the
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