Weekly Outlook: Feb 10 — Feb 14: Virus Stays in Spotlight, Powell Testifies, RBNZ and Riksbank Meet

Last week, market participants kept their gaze locked on developments surrounding the coronavirus, with China’s policy steps providing some relief. However, the virus continues to spread at an exponential pace, and thus, we expect investors to stay focused on headlines surrounding that front. On Tuesday and Wednesday, Fed Chair Powell presents his semiannual testimony before Congress. We also have two central banks deciding on interest rates this week: the RBNZ and the Riksbank. As for the…