Ibex (-0.5%) holds 9,600 points despite doubts about the Chinese virus

Ibex 35 has fallen by 0.49%, to 9,611.30 points, after marking an intraday low at 9,550 integers. The economic optimism of Donald Trump from Davos and the good German ZEW fail to counteract the bad news from Asia, where an unknown respiratory virus has already killed six people and threatens to spread throughout the country. Moody's has cut the rating of Hong Kong, which has led to sharp falls in the Hang Seng. To all this we must add the truce between the US and France on the 'Google rate' and the latest business results including UBS.