China to take stricter, more targeted measures to curb coronavirus spread

Eren Sengezer FXStreet

The Chinese government will take stricter and more targeted measures to prevent and control the spread of the coronavirus, Chinese state television reported on Friday, citing a state council meeting that took place on Friday.

According to China's National Health Commission, the total number of confirmed coronavirus cases is now at 830 as of Friday and the death toll has risen to 25.

Ris-on flows return

In the meantime, the 10-year US Treasury bond yield is up 0.4% on the day and major European equity indexes are adding more than 1% to suggest that the market sentiment is positive on Friday.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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