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China reports 12 new coronavirus cases in Mainland on April 19 vs 16 a day earlier

China reports 12 new coronavirus cases in Mainland on April 19 vs 16 a day earlier.

Key notes

  • China reports 8 new imported coronavirus cases in Mainland on April 19 vs 9 a day earlier.
  • China reports 49 new asymptomatic coronavirus cases on Mainland on April 19 vs 44 a day earlier.
  • China reports zero new deaths in Mainland from coronavirus on April 19, same as day earlier.
  • China says total of 82,747 cases on mainland and 4,632 deaths by end of April 19.

Meanwhile, markets remain in risk-on mode with whispers that the US will postpone tariffs for 90 days, a cure to COVID-19 is in the making, nations will ease the economic lockdown measures and that there is a light at the end of the tunnel. In trade today, as well, PBoC sets 1-year loan prime rate at 3.85% vs 4.05%

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