Spreading coronavirus continues to dominate sentiment

Fri, 28 Feb 2020

The coronavirus has now spread to around 50 countries and global equity markets continue to be hard hit on global growth concerns.“Equities fell, the greenback slid to the south as markets got a bit aggressive in their pricing in of a monetary policy response from their central banks,” said Kiwibank FX trader Mike Shirley. The latest move came when the Center for Disease Control and Prevention in the United States reported a new case of covid-19 in California that had no obvious links to China, suggesting the virus may be spreading in the US.Ma...

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