We are deeply saddened by the catastrophic events that have unfolded over the past few days. We believe in the power of an international community and that we all should be united in our ambition of building a better world for everyone.

Concerns surrounding the ongoing coronavirus outbreak in China have dominated the headlines in financial markets in the past few weeks.

Euro crashes to four month lows ahead of Powell testimony. Markets continue to rebound on easing concerns regarding coronavirus.

US dollar rallies as coronavirus fears abate. Last weeks non-farm payrolls report showed a strong bounce in job creation in the US.

Coronavirus fears ease, US dollar rallies on strong data. A dovish statement from Lagarde and underwhelming retail sales put pressure on the euro.

Equity markets, risk assets rally on easing virus fears. Sterling rallies on revised January services PMIs, and removal of short term ‘no-deal’ uncertainty.

What has been behind this week’s rally in the dollar? Johnson has stated that he would rather a ‘no-deal’ than meet the EU’s key demands.

Coronavirus fears slam financial markets worldwide. The BoE disappointed markets by keeping rates unchanged, with Carney striking an optimistic tone.