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【HSBC Market Information】Global equities pressured amid ongoing coronavirus concerns and weak US PMI data

Key Takeaways

  • Japan’s economy contracted more sharply than expected in Q4 2019, amid the impact of the consumption tax hike
  • In the coming week, global investors will continue to monitor the economic fallout of the coronavirus outbreak
  • Global equities pressured amid ongoing coronavirus concerns and weak US PMI data
  • Investor risk aversion supported developed market government bonds
  • Crude oil prices rose last week as investors weighed supply disruptions in Venezuela and Libya; gold rallied to a fresh seven-year high

This article was presented to you by HSBC.