Latest Updates

Can China’s Economy Survive The Coronavirus?

Coronavirus Is Spreading at a Staggering Pace Headlines have been filled with news of the novel coronavirus. The disease which began in Wuhan, China, has now claimed 80 lives. As of this writing, the number of confirmed cases according to WHO, CDC, NHC, and Dingxiangyuan, is at 2,784. It has [...]
silver price

Silver Prices Gets Attention Above $18.12

Silver price (XAGUSD) trades higher today amid rising fears on the coronavirus spread. The virus has killed 80 people and infected more than 2700. The silver price breaks above the resistance at $18.12 that we have discussed the previous week and the bulls are in control. IMF lowered this year's [...]
DAX index

Coronavirus and Weak Ifo Data Weigh on DAX Index

Dax index fell sharply on Monday morning as the coronavirus spread weigh on investors sentiment. Now there is over 2700 confirmed coronavirus cases while the death toll rises to 80. Dax index is 1.71% lower at 13,343 as traders dump risky assets and buy safe-haven assets. Deutsche Lufthansa AG gets [...]
London FTSE

FTSE 100 Tumbles in Early Trading on Coronavirus Outbreak

FTSE 100 is giving up 1.38% at 7481 as investors attention turns to the coronavirus outbreak. As of writing the coronavirus has killed 80 people and there are 2744 confirmed cases. Chinese officials have quarantine 17 cities with over 40 million population in an attempt to stop the virus spread. [...]