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WH adviser Navarro: Focusing on protocols to keep factories open amid coronavirus

The Trump administration is focusing on protocols to keep factories open amid coronavirus, White House trade adviser Navarro told Fox News on Monday, as reported by Reuters. Navarro further added that screening workers is among the protocols they are looking into.

Market reaction

Risk-on flows dominate the financial markets on Monday. As of writing, the Euro Stoxx 50 and Germany's DAX 30 were up 2% and  2.5%, respectively. Moreover, US stock index futures are rising around 1% to confirm the upbeat market mood. 

AUD/USD goes into consolidation after advancing to multi-week highs above 0.6450

The AUD/USD pair closed the previous week modestly higher and gained traction on Monday boosted by the upbeat market mood. After advancing to its high
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USD/JPY: Sticking to current levels – Rabobank

Shutdowns look set to undo years of work by both the Bank of Japan (BoJ) and the government to push back on the issues of low growth and disinflationa
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