What the coronavirus means for financial markets
The prices of assets most exposed to China have suffered
GLOBAL SHARE prices have so far been relatively immune to the spread of coronavirus. But assets most exposed to China have suffered. Currencies of economies integrated with its supply chains have weakened. Prices of commodities, of which China is usually a big buyer, have slid. Share prices of both manufacturing and consumer-facing companies operating in China have fallen, as factories stay shut and people stay home.■
This article appeared in the Finance & economics section of the print edition under the headline "What the coronavirus means for financial markets"
Finance & economics February 8th 2020
- Just how stable is Hong Kong’s economy?
- Companies warn of an economic crisis as China battles coronavirus
- What the coronavirus means for financial markets
- Traders lose interest in America’s jobs report
- Why Intercontinental Exchange wants to buy eBay
- Ujjivan is a rare bright spot in Indian finance
- The culture wars between economists and markets practitioners
- Economists discover the power of social norms
From the February 8th 2020 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Finance and economics
The UAE is using a wealth fund to gain diplomatic sway
And to build holiday resorts
How far could America’s stockmarket fall?
With the prospect of cheaper money receding, shares look unusually vulnerable
Chinese authorities are now addicted to traffic fines
What that tells you about the country’s economic woes