China says that it will punish officials who delay new coronavirus disclosure
But just for an update, China's Hubei province has now lifted its public health emergency response to Level I - the highest level - amid the outbreak.
Economic data coming up in the European session
China is off for a long break - from today to 30 January - and with more and more cases (as well as suspected cases) being reported globally, fear could easily return back to markets if the situation becomes more delicate moving forward.
A few GBP/USD forecasts - quite a wide range
- forecast from GBP is end-year 1.34
- does not see Brexit risks flaring back up again any time soon: "That is a key component as well on why the pound is stabilizing at higher levels"
ANZ change their forecast for the NZD
ANZ New Zealand were forecasting a Reserve Bank of New Zealand 25bp cut in May this yea
Bank of England meet next week - preview
- (the data referred to in this post is due Friday UK time 0930GMT)
MUFG (via Bloomberg):
ForexLive Asia FX news wrap: Coronavirus spreads, China closed for long holiday, FX stable
Currencies were mainly stable here in the Asian time zone today. What ranges we had were small only.
Bank of England policy meeting preview - rate cut "a distinct possibility"
Some comments now via RBS (for the bottom line, see the, errrr …. bottom line:
Coronavirus - China's People's Daily says 10 cities now have curbs on travel
Australia gets onboard! 6 people being tested for the coronavirus
Add this to today's list:
- Six people in the Australian states of NSW and Queensland are being tested for the coronavirus
UK Times reports incoming BOE gov is concerned on a prolonged fall in the stock market or house prices
- Times report the Bailey has admitted that he is concerned about how ill-prepared the UK is for a prolonged fall in the stock market or house prices.
Dude must have been brushing up his research on those funny internet forums