Coronavirus fears ease, may lift domestic market

By Rebecca Howard | Thu, 13 Feb 2020


Markets are likely to be buoyed by optimism the coronavirus may be contained while the kiwi dollar also remains supported after the central bank moved to a hiking bias.US and European markets lifted after China reported its lowest number of new coronavirus cases in two weeks, bolstering a forecast by Beijing’s senior medical adviser that the outbreak in the country may end by April, Reuters reported. There are currently 44,653 cases and 1,113 deaths have been reported in China, according to the latest data.“The light at the end of the coronavir...