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The coronavirus is still battering oil, copper and the euro

From cnn.com

Stocks have generally shrugged off the coronavirus scare — briefly falling when the outbreak looks to be accelerating before continuing on an upward trajectory. In other corners of the market, however, the coronavirus has been much more consequential. Brent crude futures, the global benchmark for oil prices, had their best day since early January on Wednesday, finishing up 3.3%. But they're off again on Thursday after the International Energy Agency said that quarterly global oil demand will shrink for the first time in more than a decade — reinforcing broader concerns about the energy outlook. Brent prices remain ... (full story)

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  • Category: Fundamental Analysis