Global markets stabilise as traders dip their toes back into equities
Investors regain their appetite for risk as they look past rising death toll from coronavirus outbreak
29 January 2020 - 13:15
London — Global markets showed further signs of stabilisation on Wednesday as investors looked past a rising death toll from China’s coronavirus outbreak to tiptoe back into shares and out of safe-haven assets such as the yen and German bonds.
World stocks were nearly flat despite a 3% fall in Hong Kong, where trading restarted after the Lunar New Year holiday, and remained just 2% off recent record highs following Tuesday’s bounce on Wall Street that was aided by robust earnings from Apple...
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