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
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
• EURUSD falls due to geopolitics and expectations of tariff removal • Gold returns to…
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
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