It has been about a month since the news emerged that a highly contagious virus that has claimed lives had made its way from China to the West. To limit any damaging economic consequences, various measures have been taken to instil a sense of confidence that an adequate solution will be found.
The Australian dollar has suffered numerous blows in the past few years. At the end of 2019 the currency reached its lowest level in more than ten years, to drop even faster due to widespread forest fires and the Corona virus. When will the end be in sight?
The corona virus is creating ever more victims, and serious unrest. On the forex market, currencies from emerging countries are bearing the brunt. This has everything to do with falling prices for commodities like coffee and oil.
Thanks to rapid population growth and increasing prosperity, India’s economy could eventually catch up with that of the United States. But first, Prime Minister Narendra Modi will have to fire up the country’s economy.
Gain an overview of the latest developments on the currency market and anticipate fluctuation risks.
The key dates: 31 January: after three postponements, the UK will formally leave the EU. A transition period running until 31 December 2020 begins, during which nothing will change. Relations between the EU and the UK will remain identical to those that prevailed before.