2 Min | Snapshot

Weekly Economic Updates

Caspar Rock: Monday markets - the week ahead on 24 February


Caspar Rock

Caspar Rock

Chief Investment Officer

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  • Markets are again concerned about the spread of the coronavirus as both Italy and South Korea saw a sharp uptick in in cases.
  • Equity markets have fallen in Asia this morning, and futures are pointing towards a similar fall in Europe and the US later today.
  • Last week's flash February Purchasing Manager's Indices pointed to weakness in the US and a slightly more resilient outcome in the UK and Europe: this was the first data point that could have been impacted by the coronavirus. Markets will be watching closely the surveys that come out over the next few weeks.

 

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