Daily Archives: Feb 24, 2020 at 07:13 am EDT

Commodities And US Bonds Rose Last Week As Stock Markets Fell

Risk-off sentiment driven by coronavirus worries took a bite out of stocks around the world last week. The selling has spilled over today’s trading in Asia and Europe and looks set to weigh on American shares once markets open in a few hours. While we’re waiting for the opening bell to ring in New York, here’s a quick look at how the major asset classes fared for the trading week through Friday, February 21, based on a set of exchange-traded funds.

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Macro Briefing | 24 February 2020

Coronavirus cases top 79,000 as outbreaks spread across the globe: CNN
US health officials preparing for coronavirus to become pandemic: USA Today
China eases curbs as new coronavirus infections in the country fall: Reuters
Coronavirus blowback threatens global supply chains: WSJ
German business sentiment steady despite coronavirus risk: Bloomberg
Former Putin advisor re: US election preference: “Our candidate is chaos”: GQ
JP Morgan economists: climate crisis threatens human race: The Guardian
What are the telltale signs of a bear market? Here’s a short list: CNBC
US Composite PMI survey data indicates economic contraction in Feb: IHS Markit