Risk Appetite Returns To Global Markets As PBoC Spotted With Bazooka

Risk Appetite Returns To Global Markets As PBoC Spotted With Bazooka

Risk appetite recovered in a big way Tuesday, as global equities surged amid more signs the PBoC is prepared to do what it takes to inoculate China's economy and financial markets from the Wuhan outbreak. Hong Kong reported its first death from coronavirus, as cases on the mainland exceeded 20,000. Xi, who hasn't been seen in public since January 28, told the Communist Party’s Politburo Standing Committee on Monday that officials should abandon “formalities for formalities’ sake" and do w
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