The coronavirus epidemic in China is a major topic. On Monday morning, there were already 17,200 sick and 360 dead.
Both that and another number - an increase of +20% from the report on the morning of Saturday, February 1.
The growth rate remains very high, but there is one positive point: on Saturday, February 1, the increase was + 30%, it is hoped that the rate of spread of the disease is reduced. Of course, the Chinese authorities are doing everything they can.
The Chinese market fell sharply on Monday by -9%, technically moving into a downward trend.
Oil at lows since the summer of 2019, about 51.50 dollars
The World Health Organization (WHO) has recognized the epidemic in China as a global threat.
If the rapid spread of the virus continues, the epidemic could bring down: the Chinese economy; world trade; cause a new big crisis.
EURUSD: The euro showed a strong reversal up at the close of the week.
We buy for a breakthrough of 1.1110.
Point of selling at 1.0990.
