06.02.2020 | Forex robots store

Risk On as Coronavirus Fears Subside, Aussie and Dollar Strong

Australian Dollar remains the strongest one for the week while markets are back in risk on mode. Fears over China’s coronavirus seem to have subsided, with S&P 500 and NASDAQ new record highs. 10-year yield also staged a strong rebound,...

Fed’s Mary Daly says current interest rates put economy ‘in a good place to weather the storms’

San Francisco Fed President Mary Daly said Wednesday that she did not think the Fed needs to lower interest rates to offset the effects of the coronavirus outbreak or other economic headwinds. Appearing on CNBC’s “Power Lunch,” Daly said she...

There’s a 70% chance of recession in the next six months, new study from MIT and State Street finds

There’s a 70% chance that a recession will hit in the next six months, according to new research from the MIT Sloan School of Management and State Street Associates. The researchers created an index comprised of four factors and then...

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Day: 6 February 2020

Market Morning Briefing: Pound Trades Below 1.30

Risk On as Coronavirus Fears Subside, Aussie and Dollar Strong

Fed’s Mary Daly says current interest rates put economy ‘in a good place to weather the storms’

There’s a 70% chance of recession in the next six months, new study from MIT and State Street finds

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