Weekly Outlook: Mar 02 – Mar 06: RBA and BoC Meet Amid Virus Fast Spreading
Channel: JFD Brokers
Date: 02/03/2020

Weekly Market Outlook by Charalambos Pissouros

Last week was marked by a global selloff in equity markets, with major stock indices recording their worst week since the 2008 financial crisis. The culprit was no other than the coronavirus, with its fast spreading raising fears of another global recession. As for this week, apart from headlines concerning the virus, investors may pay close attention to the RBA and BoC policy meetings, as well as on the US and Canadian jobs reports for the month of February.

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