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The selloff in Asian markets continues, as risk appetite struggles to find a solid footing amid the coronavirus bog. South Korea now has more than 1,100 cases, adding to the worldwide tally that has exceeded 80,000, with more confirmed cases in Europe and the Middle East. Pandemic fears are stoking the risk-off mode in the markets, with the MSCI Asia Pacific index in the red in 9 out of the last 10 sessions, while the South Korean Won is leading Asian currencies’ decline against the US Dollar.The rout in stock markets suggests that the divergence between valuations and fundamentals... Read More
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