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WH adviser Kudlow: Coronavirus to have minimal impact on supply chains

"The coronavirus is expected to have a minimal impact on supply chains, not a catastrophe," White House economic adviser Larry Kudlow told Fox Business Network on Tuesday. 

"There may be some component shortages to a point," Kudlow further added. "The coronavirus could spur a step-up in US production."

Market sentiment

These comments don't seem to be having a significant impact on the markets' risk perception. As of writing, both the Euro Stoxx 50 and Germany's DAX 30 indexes were up around 1.5% and the 10-year US Treasury bond yield was adding 3.75% at 1.587%.

Gold New York Price Forecast: XAU/USD losing steam, trading sub $1570/oz

XAU/USD is trading in a bull trend above its main daily simple moving averages (SMAs). After rejecting the 1600 figure earlier in January, XAU/USD has been tra
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US: Caucus chaos in the spotlight – TDS

Investors will be looking at politics as no top-tier economic data is expected to be released today. USD is set to move at the rhythm of US share benc
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