Elevenses 12th February 2020

-Coronavirus, S&P Global says the virus is likely to shave 0.1%-0.2% off Eurozone and UK growth this year
– OPEC revised global oil demand down by 0.23m bpd to 0.99m bpd from the previous month’s estimate citing coronavirus as “major factor”
– Eurozone industrial production fell, 2.1% in December
– BP pledges net zero emissions by 2050
– AngloGold leaves the South African gold industry by selling its last South African mine to rival, Harmony Gold

Equity markets buoyed by lower coronavirus cases. European and US markets have hit record highs, Asian markets are still below January highs.
Powell testimony again (3pm), US inflation 1:30pm.

The Week That Will Be

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