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- Bears to resume after consolidation as global risk-off mode weighs heavily
- Rising risk aversion turns Monday’s action in red
- Reversal signal is fading after Monday’s gap-lower opening and failure to capitalize on strong German data
- Pullback was so far limited but risk of deeper correction exists
- Gold extends advance to new highest level since 2009
- Upbeat PMI data inflate pound but more work at the upside needed to signal reversal
- Aussie falls to new eleven-year low
- Strong German Manufacturing data inflate Euro and revive hopes of recovery
- Yen falls to 10-mth low on fading virus impact fears
- Gold hits seven-year high on safe-haven buying despite optimistic signals over coronavirus case