February 3, 2020 – Global markets are on edge as the coronavirus continues to spread.

Stock and commodity markets took a beating last week as investors hunkered down. Among the only safe havens were bonds and gold.

Interestingly, the U.S. Dollar Index showed a weekly loss of 0.5%.

Perhaps that’s because investors view the Federal Reserve as increasingly likely to cut rates in the months ahead.

Fed Chairman Jerome Powell confirmed the central bank’s dovish posture last Wednesday when he reiterated his commitment to pushing the inflation rate higher. More on that below…



Check out live precious metals prices here:
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