The Nikkei 225 in Japan fell 6.15% in morning trade, while the Topix was down 6.07%. Hong Kong’s Hang Seng index plunged 3.96% in morning trade. Mainland Chinese stocks also saw declines, with the Shanghai composite down about 2% while the Shenzhen component shed more than 2%. The Shenzhen composite slipped 1.859%. South Korea’s Kospi also dropped 4.27%. Meanwhile, stocks in Australia tanked, with the S&P/ASX 200 down 6%. Singapore Straits Times Index also fell more than 4%.
Back at Futures trading in the United States, Dow, S&P 500, Nasdaq 100 and Russell 2000 Futures are down 1252 (-4.84%),145 (-4.89%),410 (-4.82%) and 66 (-4.74%) respectively. Dow and S&P 500 have dropped below supports at 25000 and 2855 respectively. Nasdaq 100 is below 200 day moving average while Russell 2000 is making 1 year low.
Below are some analysts comments:
。Morgan Stanley said that to stabilize markets, the Fed would need to announce not only a rate cut but also resume official QE...We believe equity markets will struggle until policy-makers get back ahead of the curve with more interest rate cuts and an extension of the current balance sheet expansion and/or an official quantitative easing program – something we think is likely coming. ... and with spot VIX likely set to trip 60 or more, the Fed will need to do something or risk another Great Depression, although how sending nominal bond yields into negative territory across the board will help markets remains to be seen. Maybe the Fed's time has finally run out? Or maybe Trump - who provoked the market gods one too many times with his relentless stock market boasts as stocks hit artificial high after artificial high - actually has something up his sleeve, because moments after futures opened, he tweeted a rather cryptic "nothing can stop what's coming." ---ZeroHedge
。“We are in an Armageddon situation. We could move down 30% in the equity markets in the next 30 days. We are at floor 8 after a jump off a 20 story building. “The 10 year is your growth rate, give or take a little. That means growth in essence went from a little over two to basically zero overnight. Two quarters of negative gross domestic product is a recession. We will most likely get that. --John Lekas, CEO, Leader CapitalL, Vancouver, WA
。“I don’t think the end goal of the Saudis is to collapse the oil market. This is more likely a tactic to get Russia back to the negotiating table.I am sure that behind the scenes the United States and Saudi Arabia are trying to get Russia to return to negotiate. The problem is we do not know how long this will last, so investors have no choice but to sell risk."---Masayuki Kichikawa, Chief Macro Strategist, Sumitomo Mitsui Asset Management Tokyo
。Top Wall Street economist Michael Gapen expects the Federal Reserve will do what’s necessary to contain the coronavirus’ impact on the U.S. economy — even if it means slashing interest rates to 0%. “The likelihood of getting to zero is higher than the risk of a recession,” the head of U.S. economics research at Barclays told CNBC’s “Trading Nation” on Friday. “There is probably a low risk of a recession, a 1 in 4 maybe at the most.”---CNBC
由于COVID-19形势恶化以及沙特阿拉伯与俄罗斯之间刚刚开始的油价之战，WTI油价暴跌27％，至近30美元，而亚洲股市则崩盘。
日本的日经225早盘下跌6.15％，而Topix则下跌6.07％。香港恒生指数早盘暴跌3.96％。中国内地股市亦下跌，上海综合指数下跌约2％，而深圳股市下跌超过2％。深圳综合指数下跌1.859％。韩国的Kospi指数也下跌了4.27％。另外，澳大利亚股市下跌，S＆P / ASX 200下跌6％。新加坡海峡时报指数也下跌超过4％。
回到美国的期货交易，道琼斯指数，标准普尔500指数，纳斯达克100指数和罗素2000期货分别下跌1252（-4.84％），145（-4.89％），410（-4.82％）和66（-4.74％） 。道琼斯工业平均指数和标普500指数分别跌破支撑位25000和2855。纳斯达克100跌破200日均线，而罗素2000则跌至1年低点。
下面是一些分析师的评论：
。摩根士丹利（Morgan Stanley）表示，要稳定市场，美联储不仅需要宣布降息，而且还需要恢复官方量化宽松……我们认为，除非政策制定者通过更多的降息和进一步的降息回到曲线领先地位，否则股市将一直处于挣扎状态。扩大当前资产负债表的规模和/或实施官方的量化宽松计划-我们认为可能会出现这种情况。 ...并且随着现货VIX可能升破60点或更多，美联储将需要采取一些行动或冒着另一场大萧条的风险，尽管将债券收益率全面推向负值将如何帮助市场仍有待观察。也许美联储的时间终于耗尽了？也许由于吹捧股市太多次而得罪了市场神灵的特朗普--实际上还有一些技俩可以使用出来，因为期货开盘后的那一刻，他在推特上发了一条颇为神秘的“什么都不能阻止快将出来的东西“。” ---ZeroHedge
。“我们正处于世界末日的局势。在未来30天内，股市可能会下跌30％。从20层高的建筑物跳下后，我们到达了8楼。 “增长了十年后，付出还是要付出一点的。这意味着从本质上说，增长在一夜之间从略高于2%增长到了零增长。两个季度的负增长就是经济衰退，我们很可能会走到这个地步。 -约翰·莱卡斯（John Lekas），华盛顿特区温哥华Capital Capital首席执行官
。“我认为沙特阿拉伯人的最终目标不是瓦解石油市场。更有可能是使俄罗斯回到谈判桌上的一种策略。我相信，在幕后，美国和沙特阿拉伯正试图让俄罗斯返回谈判。问题是我们不知道这中情况将持续多久，所以投资者别无选择，只能抛售风险。”-三井住友资产管理公司首席宏观策略师吉川雅之（Masayuki Kichikawa）
。华尔街顶级经济学家迈克尔·加彭（Michael Gapen）预计，美联储将采取必要措施遏制冠状病毒对美国经济的影响-这意味着将利率下调至0％。巴克莱（Barclays）美国经济学研究负责人周五对CNBC的“Trading Nation”说：“降为零的可能性高于经济衰退的风险。” “衰退的风险可能很小，最多只有四分之一机会。” --- CNBC
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