Global markets are clearly in deep risk-off mode today. In particular, with the sudden explosion in coronavirus cases in Italy (150 infections and 4 deaths), European stocks are suffering their biggest plunge since 2016. Italian stocks leads the decline, down -4.5%. South Korea is even worse (833 cases and 8 deaths) while KOSPI dropped -3.9%. […]

The post European Markets Crash on Coronavirus Outbreak in Italy, Risk Aversion Intensifies appeared first on Action Forex.

Continue Reading

Previous: Risk Aversion Deepens as China Coronavirus Spreads Quickly to other Countries
Next: Risk Aversion Dominates as China Coronavirus Spreads Quickly Globally

Related Stories

shutterstock_1175858854 Sentiment Turns Risk-On as Fed Talks Down 50bps Hike, Dollar Staying Soft 1 min read
  • Market & Economy

Sentiment Turns Risk-On as Fed Talks Down 50bps Hike, Dollar Staying Soft

Jonathan Gonzalez 1 year ago
accounting-analytics-balance-209224 Dollar Drops Broadly on Positive Market Sentiment, Reversing? 1 min read
  • Market & Economy

Dollar Drops Broadly on Positive Market Sentiment, Reversing?

Jonathan Gonzalez 1 year ago
shutterstock_1293389239 Aussie Dips Mildly on Cautious RBA, Dollar Paring Gains 1 min read
  • Market & Economy

Aussie Dips Mildly on Cautious RBA, Dollar Paring Gains

Jonathan Gonzalez 1 year ago
A hospital bill for $36,000 with a line item of various charges is photographed with a very shallow depth of field. A credit card and a ballpoint pen rest out of focus in the background. Euro Rebounds as German Benchmark Yield Turns Positive, Aussie Firmer ahead of RBA 1 min read
  • Market & Economy

Euro Rebounds as German Benchmark Yield Turns Positive, Aussie Firmer ahead of RBA

Jonathan Gonzalez 1 year ago
Money-stethoscope-healthcare-billing-960x540 RBA, BoE and ECB to Meet; US ISMs and NFP Featured This Week 1 min read
  • Market & Economy

RBA, BoE and ECB to Meet; US ISMs and NFP Featured This Week

Jonathan Gonzalez 1 year ago
shutterstock_1293389239 Dollar Skyrockets on Hawkish Fed, Sterling Trailing Behind 1 min read
  • Market & Economy

Dollar Skyrockets on Hawkish Fed, Sterling Trailing Behind

Jonathan Gonzalez 1 year ago
  • Contact Us
  • About Us
  • Privacy Policy
  • Terms and Conditions
Menu
  • Contact Us
  • About Us
  • Privacy Policy
  • Terms and Conditions