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We come into Friday with global equities back under pressure and the US Dollar catching renewed flight to safety demand, as worry about coronavirus fallout intensifies. There have been efforts around the globe to start getting things back to normal, though as these attempts are made, there's a fear it could take a lot longer than anticipated. read report
The Fed’s commitment of unlimited QE has grabbed the market’s attention and is helping to prevent further turmoil in stocks, at least for now. On the currency side, we’re seeing what you'd expect when a central bank gestures in the way it just did, with the US Dollar getting sold across the board, as yield differentials move out of the Buck’s favour. read report
We come into Monday with risk markets under intense pressure as weekend headlines around the coronavirus highlight a surge in coronavirus cases outside of China, namely in South Korea and Italy. There have also been reports of an alarming rise in the death toll in Iran. read report
We come into Friday with currencies still chopping around and US equities still well supported on dips, sitting just off record highs. There had been some investor worry this week associated with the coronavirus, though it hasn’t proven to be enough of a concern to make any material dent in stock market momentum. read report
