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Market Analysis

Why the 'devil' coronavirus has hit European stocks hard

A whopping $200 billion was wiped from European stocks at the start of this week as the deadly coronavirus prompted investors to cut back exposure to companies with a strong presence in China, the world's fastest-growing consumer market.

Global turmoil to be good for gold - Reuters poll

Gold prices will hold above $1,500 (1,141 pounds) an ounce this year and make modest gains in 2021 as low interest rates and geopolitical uncertainly bolster its appeal, while silver prices will begin to catch up, a Reuters poll showed on Tuesday.

Fed's first hurdle in 2020: Dispensing with 'QE Lite'

The Federal Reserve's bond portfolio is swelling again at a pace not seen since the "quantitative easing" heyday in the early 2010s. Prices for stocks and other risky assets are also rising at a fast clip - a state of affairs that a growing chorus of investors, economists and former Fed officials say is no coincidence, and potentially a problem.

FXpert

Risk currencies steady as investors assess virus fallouts

Risk currencies steadied on Wednesday as investors took stock of the economic damage from the outbreak of the coronavirus originating in China, with focus on Hong Kong shares that will resume trading later in the day after the Lunar New Year break.