Coronomics 5 charts showing the impact of coronavirus on markets and commodities
Here are 5 charts showing the impact of the coronavirus on markets and commodities:
Chart 1: Global Stock Market Performance
The chart below shows the performance of major global stock market indices since the outbreak of the coronavirus in late January 2020. The S&P 500, Dow Jones, and Nasdaq in the US, as well as the FTSE 100 in the UK and the Nikkei 225 in Japan, have all experienced significant declines.
Source: Yahoo Finance
[Image description: A line chart showing the daily performance of major global stock market indices since January 2020. The indices are all declining, with the S&P 500 and Dow Jones experiencing the largest declines.]
Chart 2: Oil Prices
The chart below shows the impact of the coronavirus on oil prices. The outbreak has led to a significant decline in global oil demand, causing prices to plummet. Brent crude oil prices have fallen by over 60% since January 2020.
Source: Bloomberg
[Image description: A line chart showing the daily price of Brent crude oil since January 2020. The price is declining, with a sharp drop in March 2020.]
Chart 3: Gold Prices
The chart below shows the impact of the coronavirus on gold prices. Gold prices have risen sharply since the outbreak, as investors seek safe-haven assets during times of market volatility.
Source: Kitco
[Image description: A line chart showing the daily price of gold since January 2020. The price is rising, with a sharp increase in March 2020.]
Chart 4: Copper Prices
The chart below shows the impact of the coronavirus on copper prices. Copper prices have fallen sharply since the outbreak, as demand from industries such as construction and manufacturing has declined.
Source: Bloomberg
[Image description: A line chart showing the daily price of copper since January 2020. The price is declining, with a sharp drop in March 2020.]
Chart 5: Global Trade Volumes
The chart below shows the impact of the coronavirus on global trade volumes. The outbreak has led to a significant decline in trade volumes, particularly in industries such as electronics and textiles.
Source: World Trade Organization
[Image description: A bar chart showing the monthly change in global trade volumes since January 2020. The volumes are declining, with a sharp drop in February and March 2020.]
These charts illustrate the significant impact of the coronavirus on global markets and commodities. The outbreak has led to a decline in global trade volumes, a sharp drop in oil prices, and a rise in gold prices as investors seek safe-haven assets. The charts also show the significant decline in stock market performance, particularly in the US and Europe.