Virus fears abate, NZ market may bounce

Wed, 29 Jan 2020

Equity markets are looking more positive and the kiwi dollar is bouncing off its overnight lows after the head of the World Health Organization said he was confident China can contain the coronavirus outbreak. WHO director-general Tedros Adhanom Ghebreyesus met with President Xi Jinping and said he is confident in China’s ability to control and contain the spread of a new coronavirus, Reuters reported, citing China’s Ministry of Foreign Affairs. “Is that a definitive end to the virus story? Absolutely not. But, it was more than enough to...

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