Deaths from China's new coronavirus rose to 17 on Wednesday, with more than 540 cases confirmed. "Markets are expressing concern about the growth outlook," said Michael McCarthy, chief market strategist at CMC Markets in Sydney. However, there are fears the virus could spread rapidly, because millions of Chinese travel domestically and abroad during the week-long Lunar New Year holidays, which start on Friday. The yen rose 0.2% to 109.62 versus the dollar, while the Swiss franc traded at 0.9680 against the greenback. Trump told reporters in Switzerland the Democrats did not have enough evidence to find him guilty and remove him from office.

Source: The Edge Markets January 23, 2020 01:07 UTC