@kristiang85 not sure if its just me, but i dont understand why today's renouncement would cause people to hold a balance? They have already said if no euros/more games cancelled, they will replace them with MB etc
So the only question is how much MB is on offer? and we already know who will benefit most from this, same suspects from the top 10/20 etc.
I reckon the drop has more to do with this stupid virus. Global markets are taking a hit, people are forced to stay at home to look after kids, buying more food/ bog roll etc (ridiculous)... this all means people need more disposable income and hence would take money out of FI.
Maybe I'm wrong as i'd like this money to go back into the market come this evening, and maybe people just hold a balance for any announcement, based on previous times