(20 April 2020)DAILY MARKET BRIEF 2:WTI slips below $15 pb

<p>WTI crude slumped below $15 a barrel and pulled the energy-heavy ASX 200 more than 1% lower in Sydney, as the week kicked off on a mixed note elsewhere in Asia.</p>
<p>Gold legged down to $1670 an ounce despite mixed sentiment in Asia.</p>
<p>In the FX, the oil currencies were under the pressure of falling oil. The USDCAD extended gains above the 1.40 mark. Price retreats could be interesting dip-buying opportunities for a further advance toward the 1.4250/1.4350 area.</p>
<p>The USDJPY rebounded from 107.40 as Japanese exports slumped 11.7% y-o-y in March, more than 10.1% expected by analysts.</p>