Market comment | Equity rally halts as virus fears return
Published on Thursday, February 13, 2020
Market comment | Equity rally halts as virus fears return
Summary
Yesterday’s upward move spurred by improving developments on coronavirus faded . Stocks, including Asian equities, fell and government bonds resumed their rally after sharp rise in coronavirus infections. Elsewhere, investors wait for tomorrow’s US manufacturing data.
Key points
- Key points:
- Coronavirus reported cases in Hubei soared by 14,840 amid shift in estimations for counting infections.
- US annual inflation slightly increased in January.
- JPY appreciated, while the Euro extended its depreciation trend to fresh three-year lows.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Financial Markets
Authors
Angel Meneses De Quevedo
María Sánchez Carvajal
Documents and files
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