“The wildcard is not the fatality rate, but how infectious the Wuhan virus is,” Citi economists wrote in a note.Analysts said travel and tourism would be the hardest-hit sectors together with retail and liquor sales though healthcare and online shopping were seen as likely outperformers.
Investors were still trying to figure out the potential impact from the coronavirus, given it would be at least a couple more months before official economic data are released. “The rise in risk aversion and worry of a region-wide demand shock ... means the knee-jerk market reaction will likely be to richen low-yielding government bonds,” JPMorgan analysts wrote in a note.
Futures imply around 35 basis points of easing by year end FEDWATCH. The Federal Reserve is widely expected to stand pat at its policy meeting this week, but markets will be sensitive to any changes to its economic outlook.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
BOUGHTXRP AND HODLING XRP as BITCOIN SURGES KimDotcom says 'The cheapest, fastest, and most secure digital asset takes the prize.' H-ODL XRP!! 🌎🔥🔥🔥
How do we know the corona virus is the reason? Maybe it’s because our criminal President is being impeached!
This is yesterday’s news I suppose 😂😂😂
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks set to fall sharply as China virus fears intensifyEuropean stocks are set to tumble at Monday's open as fears over the economic fallout from the Chinese coronavirus outbreak intensify. OSS which woukd later become CIA knew about camps in 43 but wanted nothing to do with helping Jews or allowing them to migrate to the US. This is what zionists held over US to force our support of Israel. Nazis came here to build NASA and CIA Travel bans compensation from China. Enforced intl health and sanitation standrmarss needed in petri dish countries of Asia and Africa. Trade and financial sanctions withholding AID
Source: CNBC - 🏆 12. / 72 Read more »
Stocks, oil hit by China virus fears, safe havens gainCoronavirus outbreak fears have pushed stocks around the world lower, as demand spikes for safe-haven assets. Read more: Let's face it. Your money won't be worth a thing to you if you get the Coronavirus variant that is going around in China right now. You might want to invest in some nice Burial Properties. Just ban all Chinese nationals from entering your countries, end of. The picture isn't getting any brighter at the moment
Source: Reuters - 🏆 2. / 97 Read more »
Wall Street tumbles as virus fears hit travel, growth stocksU.S. stocks fell more than 1% as investors worried about the economic fallout of the fast-spreading coronavirus outbreak in China
Source: Reuters - 🏆 2. / 97 Read more »
World stocks skid on growing virus fears; Dow drops 500BREAKING: U.S. stocks tumble following a sell-off in Europe and Japan as the coronavirus outbreak grows. The Dow Jones Industrial Average drops 500 points in early trading as travel company stocks sink. god we're just experiencing the entire 1920s all at once aren't we Trump me... Brokers need cash
Source: AP - 🏆 728. / 51 Read more »