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WHO says coronavirus risk impact is very high at global level

The World Health Organization has said that the coronavirus outbreak's risk impact is very high at the global level. It has said that the continued increase in Covid-19 cases in recent days is a concern. 

The WHO also put Italy and Iran in the spotlight and added that no fewer than 20 vaccines are in development. 

US: Soft spending, inflation well below target – Wells Fargo

Data released on Friday, showed consumer spending rose 0.2% in January and income 0.6%. Analyst at Wells Fargo highlight the core PCE deflator came in
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Breaking: Gold crashes below $1,600, margin calls cited

Gold is trading below $1,600 despite the risk-off sentiment stemming from coronavirus fears. -- more to come
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