This week data ahead 10-02-2020

With a new week comes new market opportunities. Here’s a recap of what you may have missed, as well as some highlights of the week ahead of us:

Catching you up on last week:

  • China stimulus rescues markets, propelling risk-on for global indices
  • PMI rebound in Europe and the U.S.
  • USD looks unstoppable against its counterparts

TSLA gains almost 50% in 2 days, before falling over talks of a market bubble

This week, keep an eye on:
  1. Coronavirus still front and centre — with stock markets stretched, what effect could unexpected headlines have, and how will that affect majors like the dollar or yen?
  2. Whether Russian will accept the 600k cut production proposed by OPEC
  3. An interest rate decision in New Zealand, amid weak Asian-Pacific currencies
  4. GDP data in Germany, Europe and the UK