Recorded 10:30am GMT / 5:30am EST

• Europe -1.5%, was down as much as 3%. 

• 90% of headlines citing virus returning to Beijing but track and trace seems in full swing and local investors don't seem spooked

• Early weakness in Europe being bought - we are 2:1 better to buy

• VERY busy week with macro events, UK non retail opening, Powell speaking 3 times, ECB/BoE & TLTRO results

• Expiry Friday - starting to look at pin risk

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