FxPro Daily Insight for January 27

Market overview

The spreading China coronavirus take tall on the markets. On Monday morning, Brent Crude Oil has updated October lows on fears of falling demand due to the economic slowdown. There is an increased demand for protective assets (US, Japan government bonds), as well as safe-heaven currencies (dollar, yen).

Important events (GMT): 09:00 Ge !! Ifo Business Climate 14:30 US ! FOMC Member Williams Speaks 15:00 US !! New Home Sales