Yields down 6bps.
Hk futures down 1000 points:
https://twitter.com/russian_market/status/1221581273166176256?s=21
Rumour mill at full steam:
Quote
Some interstg insight on Coronavirus from local sources :
-Strong presumption that Numbers of dead/infected is underestimated by a huge factor (talk of 150k cases!)
-Talks that the disease actually started a few mths ago
-People are using roads instead of public transportation so contagion/spreadg won t stop. And if u leave in Wuhan you have to leave to buy essential items (so the measure is act counterprod) !
China tweaking/hiding data is a known fact! Beware of a “freakout” moment on mkts if the above starts to be a worry
Goodnight
This is clearly someone willing to spread some random rumor, but markets might get caught off guard.
