Coronavirus spreads globally, China continues containment efforts
|China's People's Daily now reports that 10 cities have curbs on travel.
The containment efforts by the Chinese authorities seem to be of little help, as the China Coronavirus outbreak spills over internationally, with more cases reported from across the Pacific to Atlantic.
Fresh reports from Xinhua news agency cited that a total of 1,072 suspected cases have been reported in China’s 20 provincial-level regions, according to China’s National Health Commission.
Japan’s Economy Minister Nishimura expressed concern and said that 710 Japanese nationals in Wuhan presently.
Meanwhile, six people in the Australian states of New South Wales and Queensland are undergoing tests for the coronavirus.
A patient at Hackensack University Medical Center in New Jersey, US is being evaluated for the virus.
Earlier today, Yonhap reported the second case of the coronavirus following the confirmation from the government.
The risk sentiment remains fragile, as the demand for the safe-havens is seen picking up pace amid the virus scare and its impact on the global economic growth.
USD/JPY has turned negative and now tests lows below 109.45 while the Aussie trades listless below 0.6850. The Asian stocks are trading mixed while the S&P 500 futures post small gains.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.