Shares Fall On 2019-nCoV Economic Concerns, Gold Gains

Shares

Global equity markets on Friday, January 31, posted their biggest weekly and monthly loss on shares from August 2019 to January 2020. This, as growing concerns about the economic impact of the 2019 novel coronavirus outbreak in China sapped risk appetite and raised the safe-haven Japanese yen and Swiss franc. Yields on US debt fell … Read more

Oil, Stocks Tumble On Fears Coronavirus To Hurt Economy Of China

Oil

Global equity markets on Thursday tumbled, beating oil prices and inverting a closely watched bond indicator as investors worried about China. The World Health Organization (WHO) declared a global emergency as the number of people who were infected by the 2019 novel coronavirus surpassed 8,100 people in 18 countries globally. According to Tedros Adhanom Ghebreyesus, … Read more