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Asian currencies and equities are offering a tepid response following news that the death toll from the coronavirus’ spread has climbed to 25, with new cases being reported in more countries, such as Vietnam and Singapore. The subdued trading volumes in the region ahead of the Lunar New Year festivities are likely preventing a more pronounced reaction in the markets.Market participants perhaps can take heart from China’s efforts to lock down the epicenter of the outbreak by imposing travel curbs on seven cities, and the World Health Organization’s holding back from labelling the situation... Read More
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