|17 February, 2020

Monday Outlook: Euro near 3-year low; oil prices edged lower

Concerns increase about weakening economic growth in Europe

A screen displays the Dow Jones Industrials Average after the close on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 15, 2020.

A screen displays the Dow Jones Industrials Average after the close on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 15, 2020.

REUTERS/Brendan McDermid

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Euro near 3-year low on sluggish growth, yen steady despite weak GDP
The dollar index stood at 99.131, near Friday's 4 1/2-month high of 99.241

Oil prices slip ahead of data pointers on impact of coronavirus on demand
Brent crude was at $56.99 a barrel, down 33 cents

Asian shares hover around 3-week highs on Chinese support measures
MSCI's broadest index of Asia-Pacific shares outside Japan was a tad firmer at 557.30

Gold holds near 2-week high on uncertainty over virus impact
Spot gold was little changed at $1,582.27 per ounce


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