Global markets boosted by slowdown in coronavirus cases
China signalling that it may provide stimulus to boost the economy due to the effects of the virus also helped market sentiment
19 February 2020 - 12:35
London — A decline in the number of new coronavirus cases in China and mounting expectations for more policy stimulus boosted global stock markets on Wednesday, helping ease some of the alarm caused by an Apple revenue warning.
China posted the lowest daily rise in new coronavirus cases since January 29, helping lift the offshore-traded yuan to two-week highs against the dollar and pushing the yen to a one-month low...
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