Market overview | Fundamental analysis

Market overview | Fundamental analysis

Written by: PaxForex analytics dept - Monday, 09 March 2020 0 comments

This week all the fuss will be connected with the European Central Bank, as the chairmen of the world's major central banks are trying to respond to the risk that could undermine the economies of countries due to the coronavirus epidemic. The European Bank has less leverage to stabilize the Union's economy than the United States Federal Reserve. The Government of the United Kingdom will publish a budget this week that should indicate a measure to counteract the crisis. Statistics from China, Japan, the United States, and the European Union will allow traders to assess the negative impact of the virus on the global economy. 

Review of important developments this week: