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China's Xi to WHO Chief: China is confident and capable of winning battle against virus

China’s President Xi Jinping told the World Health Organization (WHO) Director-General that China is confident and capable of winning the battle against the coronavirus, China's state TV reported on Tuesday.

"The most important task at present is virus prevention and control," Xi said and noted that he believes that the WHO and the international community will give a calm and objective assessment of the virus.

Market reaction

These comments don't seem to be helping the market sentiment improve. As of writing, the 10-year US Treasury bond yield was down 1.85% on the day while major European equity indexes were trading mixed.

UK: Retail sales volumes stay flat for third straight month in January

Retail sales volumes in the UK stayed unchanged for the third straight month in January, the latest CBI Distributive Trends Survey showed on Tuesday.
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EUR/JPY Price Analysis: Rising bets for extra losses to 119.25

The downside in EUR/JPY has picked up extra pace after breaching the key 200-day SMA in the 120.80 region on Friday and the 100-day SMA around 120.30
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