Check out our the Major Market Movers on our Daily News Brief (23/1/2020) alb.com
Stocks & Oil Prices slide on China’s Virus Threat
Stocks, crude oil prices and the yuan dropped on Thursday on concerns about the impact of the new China virus on corporate sales and economic growth. The yen edged up with Treasuries.It’s European Central Bank day, and the governing council’s policy decision is set to be dominated by the first appraisal of its inflation goal since 2003. ECB President Christine Lagarde is set to announce a strategic review that could last the rest of the year just as the euro-zone’s economy has brightened.And then it was done. After four years of paralyzed British politics, Prime Minister Boris Johnson’s Brexit deal cleared its final hurdles in Parliament.
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