Global futures surge and European stocks climb on reports from China of a new treatment for the coronavirus
Coronavirus treatment? Unconfirmed report
China Global Television Network (CGTN) – covering a report from China’s Changjiang daily, note researchers are reported to have discovered that a combination of two drugs, as a treatment, is more effective in the fight against the coronavirus than previous treatments.
Breakthrough?
In another update it has been reported that progress has been made in the U.K. on creating a vaccine. A breakthrough that may allow a dramatic cut in development time of a vaccine – from two to three years down to just 14 days!
Financial stimulus
China’s central banking system maintains liquidity as monetary stimulus is put in place.
Update
In a later report the World Health Organisation (WHO) – has played down media reports of a breakthrough against the coronavirus outbreak, saying there are ‘no known’ drug treatments against the virus.