The Coronavirus continue to dominate the headlines, affecting anything to do with China, with concerns mounting of a China slowdown. Today’s Podcast will look at the effect on Resources (Copper), Currencies (AUDUSD and NZDUSD) and the global stock markets.
We look at the major drivers for movement this week with Ford, General Motors, Google and Twitter having their results and a little economic announcement called Non-farm payroll. Adrian then considers the markets that are ready to move, looking at key support and resistance levels for GBPNZD, EURCAD, UK100, Dax, High Grade Copper, AUDUSD and NZDUSD. In Defining Trading, Adrian defines a Bear Market, and what such falls would mean for the US stock indices.