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
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