China has reported that sales of vehicles plummeted by 80% YoY in February. Toyota stated a 70.2% plunge in its sales in China. While automobile purchases may pick up, later on, the fall is dramatic. In a separate development, South Korea confirmed 293 additional coronavirus cases, with the total reaching 5,621. The North Asian nation is one of the world’s hotspots, which include China, Italy, Iran and recently Brazil. The US Federal Reserve announced an emergency interest rate cut of 50 basis points on Tuesday to mitigate the fallout from the health crisis. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: PMI forecast to slip in February FX Street 2 years China has reported that sales of vehicles plummeted by 80% YoY in February. Toyota stated a 70.2% plunge in its sales in China. While automobile purchases may pick up, later on, the fall is dramatic. In a separate development, South Korea confirmed 293 additional coronavirus cases, with the total reaching 5,621. The North Asian nation is one of the world's hotspots, which include China, Italy, Iran and recently Brazil. The US Federal Reserve announced an emergency interest rate cut of 50 basis points on Tuesday to mitigate the fallout from the health crisis. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
