US Sec. of State Pompeo: State department is working with HHS Sec. Azar and VP Pence on coronavirus

Anil Panchal FXStreet

Early Tuesday morning in Asia, the US Secretary of State Mike Pompeo crossed wires while confirming that the US State Department is working with the Health & Human Services (HHS) Secretary Alex Azar and the US Vice President Mike Pence on coronavirus.

FX implications

Such news is more like confirmatory in nature to the previous announcements and has a little market reaction. Though, this does help to retain the current risk reset with the S&P 500 Futures staying mildly positive around 3,070.

Author

Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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