The latest reports from China’s state television, as shared by Reuters, mentions that the death toll in Hubei province of China, the epicenter of coronavirus, recently rose by 65 to 479 as of Tuesday’s end. The news also mentions additional 3,156 cases of infected people, making the count as 16,678. It should also be noted that Ecuador was the latest in announcing its first case of coronavirus whereas Japan confirmed ten cases from the cruise ship. Key quotes Hubei’s provincial capital of Wuhan, where the virus is believed to have originated, reported 49 new deaths on Tuesday, up from 48 on Monday. A total of 362 people in Wuhan have now died from the virus. New confirmed cases in Wuhan surged by 1,967 on Tuesday, up from 1,242 on Monday. FX implications The spreading disease should ideally weigh on the market’s risk-tone but is finding a softer footing amid overall upbeat data from the rest of the globe. Also affecting the trading sentiment could be Chinese policymakers’ efforts to placate investors. As a result, Gold prices remain on the back foot around $1,553 whereas US/JPY also holds its strength while being near to 109.50 during Wednesday’s Asian session. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold remains under pressure near two-week low amid broad risk recovery FX Street 2 years The latest reports from China’s state television, as shared by Reuters, mentions that the death toll in Hubei province of China, the epicenter of coronavirus, recently rose by 65 to 479 as of Tuesday’s end. The news also mentions additional 3,156 cases of infected people, making the count as 16,678. It should also be noted that Ecuador was the latest in announcing its first case of coronavirus whereas Japan confirmed ten cases from the cruise ship. Key quotes Hubei’s provincial capital of Wuhan, where the virus is believed to have originated, reported 49 new deaths on Tuesday, up from 48… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
