UK’s Wallace: China has questions to answer on the coronavirus

Dhwani Mehta FXStreet

UK Defence Minister Ben Wallace is on the wires now, via Reuters, commenting on the Chinese mishandling of the coronavirus outbreak.

Key quotes

China has questions to answer on the coronavirus.

But the time for post-mortem on the outbreak and China will be later.

China needs to be transparent when the time comes.

Market reaction

With rife US-China trade tensions, the above comments only add to the already dampened market mood. The European equities kicked-off the week on a negative note while GBP/USD sheds 0.40% to trade at 1.2450, at the press time.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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