The surge of coronavirus cases outside of China is a rising risk to global economies and credit markets, S&P Global Ratings said in a recently published report. “With COVID-19 now present in more than 70 countries, the global macro impact has doubled since our last update on February 11,” the S&P noted, per Reuters. “Stabilization of the health situation due to coronavirus and macroeconomy is like to happen during the second quarter.” Market sentiment Markets remain risk-averse on Tuesday with Wall Street’s main indexes losing more than 1% and the 10-year US Treasury bond yield erasing 11.3% on the day. 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 USD/JPY off five-month low, but not out of the woods yet FX Street 3 years The surge of coronavirus cases outside of China is a rising risk to global economies and credit markets, S&P Global Ratings said in a recently published report. "With COVID-19 now present in more than 70 countries, the global macro impact has doubled since our last update on February 11," the S&P noted, per Reuters. "Stabilization of the health situation due to coronavirus and macroeconomy is like to happen during the second quarter." Market sentiment Markets remain risk-averse on Tuesday with Wall Street's main indexes losing more than 1% and the 10-year US Treasury bond yield erasing 11.3% on the day. 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.