Stock markets remain under pressure due to fears of the Chinese virus outbreak. Futures on Dow Jones have lost 0.6% this week, while Chinese Hang Seng declined 4.2%. Luxury goods manufacturers (Burberry, LVMH) and airlines companies (Air China, Japan Airlines) received the most blow due to demand concerns.
CHF, JPY add to the dollar on safe-heavens demand. AUD moves against the market after the second consecutive strong employment report, that reduced expectations of new rate cuts. CAD lost 0.8% after BoC comments opened the door to imminent rate cuts.
Important events (GMT):
12:45 EA !!! ECB Interest Rate Decision 13:30 EA !! ECB Press Conference 21:45 NZ !!! Consumer Price Index 23:30 Jp !! Consumer Price Index
Welcome to Pro News Flash! 💵 The U.S. dollar slips 🏆 Major stock indices struggle…
Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…
EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
This website uses cookies
