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The Securities and Analysis Center of SSI Securities Company (SSI Research) has just published its monetary market report in February 2020.

The epidemic is a big and unexpected event, resulting in other events such as US-Iran tensions, US-China agreement on January 15, Brexit on January 31, January Fed meeting, etc. any many more.

The Securities and Analysis Center of SSI Securities Company (SSI Research) has just published its monetary market report in February 2020.

The report said the first-phase agreement between the US and China was considered the most anticipated event in January and could have extended the positive sentiment of December 2019 if it were not interfered with by 2 major events. One was the US-Iran conflict that suddenly broke out and the other was the Corona pandemic. Investor sentiment fluctuated continuously and was shown most clearly by fluctuations of the JPY. This currency created a bottom in mid-January, as well as a top at the beginning and the end of the month, with the gap between the top and the bottom is up to 1.92%.

China’s critical position in the global supply chain makes the total economic losses due to the nCoV epidemic much larger than the 40-billion-dollar losses caused by the SARS in 2003. The epidemic is a big and unexpected event, resulting in other events such as US-Iran tensions, US-China agreement on January 15, Brexit on January 31, January Fed meeting, etc. and many more. The financial market in 2020 is becoming unpredictable and much less positive than the predictions made at the end of 2019.

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