Investor nerves settle on speculation outbreak may end by April

Wed, 12 Feb 2020

New Zealand shares may follow Wall Street higher after China’s senior medical adviser said the coronavirus outbreak may be over by April, however, the Reserve Bank's rate review will capture most of the local attention.“General sentiment toward risk-related assets was tentatively positive overnight,” said Kiwibank FX trader Mike Shirley.US stocks rose on optimism the coronavirus outbreak may have peaked, with the S&P 500 and Nasdaq indices both up 0.3 percent. ASX futures were recently up 3 points at 6,993. The Dow Jones Industrial Average...

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