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Yahoo Finance's Wednesday morning wrap

HONG KONG, CHINA - 2020/01/28: A man with a face mask to prevent infections in Hong Kong. Since the spread of the corona virus, the death stands at 106, with the number of infections almost doubling in a day to more than 4,500. (Photo by Miguel Candela/SOPA Images/LightRocket via Getty Images)
Coronavirus spreads to stock market - and more in our morning wrap. Source: Getty

Good morning.

Here’s everything you need to know in finance today.

The ASX is set to climb, after its worst day of trading for the year.

The Aussie dollar was buying 67.52 US cents, down from 67.59 at 1630 AEDT on Tuesday.

Suburbs that gained 30% in value in 2019: Australians living in Plympton and Queensland’s Fig Tree Pocket have seen their home values increase more than 30 per cent in 2019, while those in Sydney’s Blakehurst have seen their homes shed 26.8 per cent in value, the latest Domain property report has revealed.

Update your iPhones now: iPhone and Android users will need to update their devices by Friday this week, or risk losing WhatsApp, the popular messaging app posted on its site.

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Coronavirus stunts school start: Children who visited China within the last 14 days are being asked to stay at home.

And it spreads to the stock market too: The spreading of China’s coronavirus has impacted the US stock market, triggering one often bearish technical chart formation called the Hindenburg Omen.

Coupon duo now worth US$1.5 billion (AU$2.2 billion): Co-founders of coupon app, Honey, which scours the net for deals on sites and applies them to your online shopping cart, have sold their firm to PayPal - are earned themselves a cool $2.2 billion.

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