What is pulling the stocks down?
Besides coronavirus, other news has been driving the stocks of Apple, Wallmart and General Motors to the lower levels.
Asian equities hit 10-year maximum
On Monday, Asian equities ascended to a decade maximum because positive Chinese data underpinned commodity prices, while the common currency extended losses right after the Catalan leader didn’t manage to provide a clear answer to whether he declared the region’s independence from Spain or not.
MSCI's index of Asia-Pacific stocks has been growing for a fifth day demonstrating its highest outcome since late 2007.
Japan's Nikkei N225 has been soaring for a sixth day to a value not observed since November 1996. Meanwhile, Australian equities extended their winning marathon to a fourth straight trading session, rising 0.6%. As for South Korea's stock index KS11, it showed a fresh record.
EU stock futures STXEc1 demonstrated a steady start. Meanwhile, Dax futures FDXc1 along with CAC 40 FCEc1 turned to be a bit firmer.
Copper found itself at a three-year top, backed by sturdy economic data from China, which is the world's number one user of metals.
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Important events on February 17-21
Will coronavirus continue keeping the markets in fear? What releases should we wait for? Find out in the news!
TESLA needs more money
Tesla stock drops in premarket trades on Thursday. Why? See the article (it's short) and use it to your advantage.
Latest news
ZAR: an intriguing speech
The South African Finance Minister is delivering a budget speech today. There may be a strong impact on ZAR, so what's going to happen?
CAD: is Canadian GDP puzzled?
Canadian monthly GDP will be out at 15:30 MT time on Friday.
The assets wrap: the best, the worst, and the most volatile
Let’s consider the best and the worst-performing assets as Monday’s session kicks in.
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