The Chinese indices (CHNComp, HKComp) plummeted by 2.5% and markets in Japan and Korea slid by around 1% on news of coronavirus spread in China and also out to Japan and Thailand. While there have been 4 confirmed victims thus far, authorities say virus spreads by human contact and thus can be very contagious. The WTO proposed international emergency to stop the virus from spreading. It remains to be seen how lasting this impact will be, but the CHNComp slid 5% over 2 days and tests the key 11k support. There’s also a very clear evening star formation on KOSP200.

Daily summary: Indices and crypto decline amid rising oil prices 🚩 Gold and the US dollar move higher
Oil surges 11% amid escalating Middle-East conflict 📈VIX gains driven by fear on Wall Street
BREAKING: Iran signals Europe will be 'a legitimate target' if EU joins war
Wall Street tries to stop the deeper decline 🗽Marvell Technology jumps 10%
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