Post date: 24/02/2020 11:05 Stock markets worldwide fell last week as fears about the impact of the coronavirus epidemic and its impact on the global economy slammed risk assets. Stock markets fell for the first week in three, emerging market currencies were sold hard and safe havens rallied, with the conspicuous exception of the Japanese…
Post date: 17/02/2020 08:35 Risk assets and emerging market currencies bounced back last week as markets remain confident that the economic damage from the Coronavirus epidemic will remain contained and manageable. The change in methodology that caused a spike in reported numbers did not change this fundamental view. However, this is not helping the Euro,…
Post date: 10/02/2020 09:01 Signs that the rate of spread of the coronavirus was slowing down in China fuelled a general rally in risk assets worldwide. The dollar benefitted from the rally, as did Asian currencies generally. Safe havens like the Yen suffered, and European currencies mostly fell as well. The dollar was also supported…
Post date: 03/02/2020 12:28 Traders spend the week nervously awaiting latest contagion and death tallies from the Coronavirus in China and elsewhere. Stocks worldwide fell sharply, though Chinese exchanges were shut for the Lunar Holiday. As this is written, Chinese markets are braced for the first market trading since the virus was declared a worldwide…
