|18 February, 2020

Tuesday Outlook: Euro edges lower on economic pessimism, US stocks fall

The warning from the most valuable company in the US sobered investor optimism

A trader works on the floor at the New York Stock Exchange (NYSE) in New York, U.S., October 31, 2019. Image used for illustrative purpose

A trader works on the floor at the New York Stock Exchange (NYSE) in New York, U.S., October 31, 2019. Image used for illustrative purpose

REUTERS/Brendan McDermid

Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.  

Gold down in thin holiday trade as China seeks to limit virus impact
Spot gold was down 0.2% at $1,581.38 per ounce

Stocks fall after Apple warns on coronavirus impact
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.65%

Euro edges lower on economic pessimism, Aussie hit by rate outlook
The euro fell 0.12% to $1.0827 in Asia, close to its lowest since April 2017

Oil prices slip as coronavirus concerns linger
The IEA said the virus was set to cause oil demand to fall by 435,000 barrels per day


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