[HONG KONG] Asia markets fell on Monday with investors cautious on news of an international deal to shore up oil prices and tentative signs of progress in efforts to combat the coronavirus pandemic. Read more at The Business Times.
Opec Secretary General Mohammad Barkindo called the cuts"historic" in size but analysts said the measures may not go far enough to secure a long-term rebound.
The weekend saw glimmers of hope that the crisis may have peaked in some of the hardest-hit countries. "The most critical question for the economic outlook is whether, and how quickly, the coronavirus outbreak will decrease," said Mr Innes. China will release balance of trade figures on Tuesday, while forecasters expect a quarterly GDP drop of 6.2 per cent when economic growth data is published on Friday.
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