The dollar held gains on Monday after job market data provided the latest sign o...
“There is an overriding theme of U.S. dollar strength against a backdrop where the data continues to suggest that the U.S. economy is faring better than others,” Rodrigo Catril, senior FX strategist at National Australia Bank in Sydney.“For now until we have more clarity on the coronavirus and its full impact on economic activity, it’s difficult to see the dollar coming under much challenge.”
Authorities in China were preparing for millions of people to return to work on Monday following an extended Lunar New Year break. Yet with many of China’s teeming cities turned into almost ghost towns during the past two weeks, investors are looking closely at how quickly the economy can regain its feet.“It’s a key week, with factories and ports in China due to open,” ANZ analysts said in a note. “Whether that is achievable, and to what extent, will provide direction about the extent of ongoing disruption as the outbreak continues.
Chinese inflation data is due at 0130 GMT, and a significant miss of expectations for year-on-year inflation running at 4.5% may increase the size of the challenge for Chinese policymakers.Elsewhere in Asia, investors continued to sell emerging markets' currencies in favor of dollars and yen. That has left the Thai bahtReporting by Tom Westbrook; editing by Jane Wardell
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
31 Plant-Based Recipes\u00a0That\u2019ll Finally Make Meatless Monday StickWhether you're full-on vegan or just curious about eating more plants, these plant-based meals have you covered for breakfast, lunch, or dinner.
Consulte Mais informação »
Mah-jongg, buffets and coronavirus fears: Cruise quarantines leave passengers in limboOn some ships, passengers say they are free to move about, but they're worried about coronavirus exposure. Elsewhere, strict isolation is the rule.
Consulte Mais informação »
China's Hubei to cut costs for small firms to ease coronavirus burdenChina's Hubei province, the epicenter of a coronavirus outbreak, will offer...
Consulte Mais informação »
China, Then And Now: Why Coronavirus Is A Bigger Threat To The Global Economy Than Previous OutbreaksWhy coronavirus is a bigger threat to the global economy than previous outbreaks
Consulte Mais informação »
Coronavirus updates: U.S., Japanese citizens die in WuhanAs confirmed cases reach more than 34,500 in mainland China, here is the latest you need to know.
Consulte Mais informação »
U.S. announces aid for China, other countries impacted by coronavirusThe United States stands ready to spend up to $100 million to assist China and o...
Consulte Mais informação »