The recovery story is still doing the rounds even though it looks like England will not be restriction-free for a few more weeks.
Investors will continue to assess the impact of COVID-19 on the global economy next week, central banks in Australia, and Canada will be deciding on interest rates. While the US Democratic primaries and the UK-EU trade negotiations will also dominate the news.
US dollar fell since the start of the weekly trading with the increase in expectations about spreads of Coronavirus
We have seen a week full of economic events and developments regarding the COVID-19, but this week may not be any less important than last week, as we wait for many economic data that will prove the trends of the major economies amid global health crisis threatening the global economy.
Manufacturing activity in euro area slump eases in February, missing expectations for a further contraction
The British sterling has reacted positively to a leap in inflation after weak wage data beforehand. The GBP/USD pair has recovered from a dip after suffering from the decelerated UK wage growth in December.
Today's trading was somewhat quiet, as we are at the beginning of the week in addition to the American markets holiday today, which has had a clear impact on the movements of oil prices during the day.
The Chinese stock market closed at the end of its trading during Monday, with gains of 2%, after government stimulus actions.
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