Markets try to find sure footing amid coronavirus concerns

24-1-2020 Financial Mirror FinancialMirror Cool

Markets try to find sure footing amid...

By Han Tan, Market Analyst at FXTM

Asian currencies and equities are advancing amid subdued trading volumes on the eve of the Lunar New Year, despite news that the death toll from the coronavirus’ spread has climbed to 25, with new cases being reported in more countries, such as Vietnam and Singapore.

Market participants are taking heart from China’s efforts to lock down the epicentre of the outbreak by imposing travel curbs on seven cities, and the World Health Organisation that held back from labelling the situation as a global health emergency.

With several Asian markets seeing a...

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This article was automatically added to our system 24-1-2020

Markets try to find sure footing amid coronavirus concerns

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