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Week Mar 02 - Mar 06, 2020 |
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Coronavirus: Impact on market volatility The ongoing worldwide scare due to the Coronavirus has raised concerns over an already slowing down global economy. China's contribution to the global economy is immense while the ongoing lockdown there has threatened to decelerate the global economy further. Crude, as a macro indicator of global demand, has moved to three-year lows despite a sharp production cut by Opec. Central banks across the globe trying to give a cushion by providing a stimulus in the form of a 50 bps emergency rate cut by the US Federal Reserve can be seen from that perspective. The money flow is evident in safe assets as US bond yields have moved to life-time lows...Read More |
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