European stock markets were trading broadly higher as reports indicated that the spread of the coronavirus in Asia may be dwindling. Though the death toll peaked on Monday, the number of new infections declined, which traders took as a sign that the worst of the virus is behind us. The […]
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Despite Mixed Data GDP Rises – 11 February 2020
The Pound Sterling remains near to 2020 lows as FX traders ponder the possible outcomes of the UK-EU trade relationship once the transition period has expired. Earlier today, the release of a mixed bag of data from the UK, which included a flat reading of the preliminary 4th quarter GDP […]
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Stocks Rise, Currencies Stable as Death Toll Tops 1000 – 11 February 2020
Global traders remained cautiously optimistic about the containment of the coronavirus despite the continually rising death toll on mainland China. There were 2,478 new cases of the disease reported on Monday, with 108 more deaths reported, the highest daily tally thus far. The death toll now sits at 1,016 deaths. […]