Yesterday, the World Health Organisation (WHO) declared the coronavirus epidemic a “public health emergency of international concern”.

They acknowledged China for “setting a new standard for outbreak response” and called for a “measured and evidence-based response”.

In terms of trade and investment, the WHO said: “There is no reason for measures that unnecessarily interfere with international travel and trade. WHO doesn’t recommend limiting trade and movement”.

This has been met positively on the markets today.

As the medical and science communities work together with global and local authorities to contain and treat the virus, we will monitor market developments and invite you to contact us if you have any concerns.