(Bloomberg) — The caution that’s gripped financial markets lately showed no signs of letting up as trading got underway this week, with concern that the coronavirus will hamper growth prospects hitting the Australian and New Zealand dollars. The yen gained.Equity futures indicated a soft start across the Asia Pacific after the S&P 500 Index lost 1.1% on Friday. Over the weekend, finance chiefs and central bankers from the world’s largest economies said they see downside risks to the global economy persisting as supply chains get disrupted from the deadly virus. Japan is shut for a holiday and Treasuries won’t trade …read more
Source:: Yahoo Finance
