A new virus scare in China sends fears across stock markets
Asian stock markets opened the day with sharp decline after registering gains for 7 consecutive weeks. The main reason: a new virus threat, Coronavirus, has already claimed 4 victims and could spread like wildfire, as Chinese citizens return to the mainland to celebrate the New Year’s. The China50 index is down 2.10%, HKG50 is down 2.43% and the JPN225 is down 0.97%.
Today’s highlights: Gold and other precious metals gain as stocks dip
- Crypto market mixed: After a volatile weekend, where most of the top cryptos registered over 50% gains, the overall market pulled back. Bitcoin continues to remain in the $8,550-$8,650 range, while some altcoins show relative volatility: Bitcoin Cash is down 2%, Cardano is up 2.10%, and Dash is cooling off an over 100% weekly spike with a 2.7% loss.
Stocks earnings releases on 21/01/2020
Stocks earnings releases on 22/01/2020
Earnings season continues: To follow upcoming earnings reports, go to eToro’s Earnings Reports Calendar. Please note that maximum leverage for CFD stocks will be limited to X5 one day ahead of earnings report releases. X10 leverage will be available again soon after the report is published.
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