Wall Street rally may cheer markets

Wed, 25 Mar 2020

Markets may be cheered by a rally on Wall Street although sentiment remains extremely volatile as nations across the globe – including New Zealand – enter lockdowns. According to the Guardian, an estimated 1.7 billion people around the world have been ordered to remain at home. That excludes India – which has a population of 1.3 billion – which has imposed a nationwide lockdown for 21 days. According to ANZ Bank, meanwhile, China is preparing to lift restrictions in Hubei province and Wuhan city - where the virus originated - effective Ma...

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