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Epidemic in China

FTD Limited by FTD Limited
April 25, 2022
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The epidemic and measures in China continue to shake Asian stock markets.

The MSCI Asia Pacific index tumbled in six of seven trading days, with losses in Hong Kong and China leading the way.

Although the coronavirus epidemic has fallen off the agenda in most of the world, the epidemic in China continues to lead to increasing loss of life and more drastic measures.

China has recently started the mandatory Covid test in the capital Beijing. More than 20 million people will be tested three times a week. In addition, the record number of deaths over the weekend was announced in the financial center Shanghai. The news affects many markets, especially the oil market.

Brent oil fell 2.6 percent to $103.9 while WTI dropped 2.7 percent to below $100.

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    The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

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