ASX up 2.4% on Budget eve, banks and energy stocks surge

Summary

• The ASX200 surges 2.3% to 5927 points in morning trade. NSW is on a public holiday and Chinese markets are closed
• Futures are pointing to gains on Wall Street tonight, especially for the Nasdaq, which is up more than 1%. 
• Victoria has recorded a fatality-free day, and just nine new coronavirus cases. NSW is ten days without a locally transmitted case. 
• CIMIC Group jumps 6.9%, Oil Search up 6.3% in morning trade. Viva Energy falls 11.6% after going ex-dividend.