Markets In Asia Set For More Losses As COVID-19 Spreads

Markets in Asia

Stock markets in Asia fell due to the COVID-19 outbreak. MARKETS IN ASIA – Stock futures fall on Monday as investors were anxious by China’s weekend data, showing its fastest ever contraction in factory activity. This, as China’s weekend data raised fears of a global recession from the 2019 novel coronavirus, named COVID-19. Pandemic feared … Read more

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