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12 Feb 2020

WH Adviser O’Brien: China purchases of US agricultural products to be impacted by coronavirus

White House National Security Adviser O'Brien came out on the wires earlier today, via Reuters, noting that the China coronavirus could have an impact on the size of China's purchases of agricultural products from the US.

O’Brien said: "We expect the Phase 1 deal will allow China to import more food and open those markets to American farmers, but certainly as we watch this coronavirus outbreak unfold in China it could have an impact on how big, at least in this current year, the purchases are"

Senior IMF Official: Too premature to make assessment on quantitative impact of coronavirus outbreak on Asian economies
Gold Price Analysis: Potential head-and-shoulders on the daily line chart

Feb 12, 2020

Gold Price Analysis: Potential head-and-shoulders on the daily line chart

Gold seems to be charting a head-and-shoulders bearish reversal pattern on the daily line chart. A close below the neckline support at $1,555 would co

USD/IDR Price Analysis: Below 21-day EMA inside short-term symmetrical triangle

Following its failure to cross 21-day EMA, USD/IDR stays modestly changed to 13,680 during early Wednesday.