Virus worries, UK Chancellor quits, Euro falls further

Friday 14th February 2020

The markets slipped momentarily into risk-off as the number of Corona virus infections jumped in volume, but concern slipped back a little as it became clear that the way cases were being measured had changed. Phil Dobbie discusses the shift in mood with NAB’s David de Garis in London. They also talk about the resignation of the UK’s Chancellor, Sajid Javid. The pound has gained somewhat, perhaps on the hope that more control from Boris Johnson will clear the way for some of his high-spending election promises. The Euro fell further, ahead of GDP numbers today and could fall below technical levels in the next 24 hours.

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