Macro Briefing | 12 March 2020

President Trump bans travel from Europe to US to battle coronavirus: BBC
State Dept advises citizens to reconsider traveling abroad: CNN
Germany’s Merkel: up to 70% of Germans could contract coronavirus: BBC
ECB expected to roll out major stimulus package to combat coronavirus: CNBC
Saudi Arabia gambles on oil-price war: CNN
US consumer price inflation picked up to 2.4% in Feb, highest since 2018: MW
S&P 500 drawdown near -20% bear market territory after Wednesday’s slide: