Here’s What Market Watchers Are Saying About the China Virus

(Bloomberg) — Financial markets saw a flight from risk in Asia trading Tuesday amid growing concern about the outbreak of a virus originating in central China.Risk assets from Hong Kong and Chinese stocks to the Korean won tumbled, while havens such as the yen and Treasuries climbed following reports that multiple medical workers have been infected by the virus and the death count grew to four people. The moves come as hundreds of millions of Chinese prepared to travel across the country and globally for the Lunar New Year and a day after Moody’s Investors Service downgraded Hong Kong by …read more

Source:: Yahoo Finance

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