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10 Feb 2020

Coronavirus update: Total cases in China rises to 40,171, death toll 908

As per the latest figures from China’s National Health Commission, total numbers of coronavirus cases make it the bigger epidemic than the SARS while marking 40,171 figure. It’s worth mentioning that the death toll reached 908 mark by the end of February 09.

Also read: Coronavirus cases in Hubei and Wuhan has continued climbing – Global Times

FX implications

Amid the present risk-off market conditions, such news from China weighs on the trade sentiment. With this, the US 10-year treasury yields extend their Friday’s declines to 1.56%, -1.3 basis points (bps), whereas S&P 500 Futures also decline 0.35% to 3,314 by the press time.

Feb 10, 2020

When is China CPI/PPI data and how could they affect AUD/USD?

Early Monday around 01:30 GMT, the market sees January month headline inflation numbers from China, namely the Consumer Price Index (CPI) and the Prod

GBP/JPY Price Analysis: Registers three-day losing streak

GB/JPY declines to 141.30 during the Asian session on Monday. The pair recently reversed from 50-day SMA and is currently testing 38.2% Fibonacci retr