Coronavirus update: First confirmed case in London, total infections in Iran at 1,501

Eren Sengezer FXStreet

Public Health England has recently announced that they have a confirmed case of coronavirus infection in south London after a member of staff at Wimbledon College became infected in Italy, as reported by Sky News.

Meanwhile, Iranian Deputy Health Minister Alireza Raisi said that the total number of infection in Iran rose to 1,501 as of Monday morning with 66 fatalities.

Market reaction

Markets have turned risk-averse, once again, after starting the week on a positive note. At the moment, the 10-year US Treasury bond yield is down nearly 7% on a daily basis.

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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