XE Market Analysis: Europe – Feb 25, 2020

Markets have have found a more even keel amid a hiatus from the virus panic. Some market commentaries point to a Wall Street Journal report on progress in developing a vaccine to COVID-19 virus. There is also remains reasons for optimism. For one, comparisons with regular flu provides perspective: Total deaths from COVID-19 stand at 2,619 worldwide (according to the John Hopkins monitor), which compares to the over 10k of deaths caused by regular flu in the U.S. alone so far in the 2019-20 season, and 180k hospitalizations.

Source: XE news feed
XE Market Analysis: Europe – Feb 25, 2020