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【HSBC Market Information】Global equities bounced back amid eased Coronavirus fears and strong earnings reports 2020

Key Takeaways

  • US nonfarm payrolls and survey data surprised on the upside while German factory data were notably weaker than expected
  • In the coming week, CPI inflation in the US, China and India will be in focus alongside UK GDP data
  • Global equities bounced back amid eased coronavirus fears and strong earnings reports
  • US and European bonds sold off as waning coronavirus fears increased risk sentiment
  • Oil prices fell amid fears over Chinese demand and a global supply glut; gold prices also declined

 

 

 

This article was presented to you by HSBC.