The signs of recovery are growing. There have been fluctuations in market sentiment over how to trade the Coronavirus, but there has been a far more decisive view taken in the past 48 hours. A recovery had been threatening, as the People’s Bank of China injected 1.2 trillion yuan of liquidity to try and steady the market earlier this week. However, this move took a whole new force amidst claims of a treatment for the virus having been formulated. This sense of optimism has been added to overnight as China has announced that it would cut the tariffs on $75bn worth of US imports. The market impact continues to be to ... (full story)