Risky assets choke yesterday in the later afternoon and a volatile mood is being observed today in the morning as well as there are signs that coronavirus spreads beyond China. Indeed Japan and South Korea, where we saw death cases, introduced more limitations that could affect business activity. Meanwhile, China informed about a 92% decline in car sales in the first half of February. US500 is declining for the second day as it tests an upper limit of a previous channel – now as a support. Traders should notice a negative divergence with the oscillator.
Daily summary: Its fear, but not panic yet. Trump has shaken the markets again.
Why we should watch Japan’s surging bond yields
MIDDAY WRAP: European indices under pressure from the Greenland dispute, Japan announces snap elections 🎙️
🚨 US100 drops 1.5%, erasing this year’s gains amid trade war fears 📉
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