|03 February, 2020

Monday Outlook: Chinese markets plunge; oil slides, gold falls

Economists lower growth forecasts for Chinese economy; Aramco hits its lowest since IPO

Passengers from China wearing masks to prevent a new coronavirus are checked by Saudi Health Ministry employees upon their arrival at King Khalid International Airport, in Riyadh, Saudi Arabia January 29, 2020. REUTERS /Ahmed Yosri

Passengers from China wearing masks to prevent a new coronavirus are checked by Saudi Health Ministry employees upon their arrival at King Khalid International Airport, in Riyadh, Saudi Arabia January 29, 2020. REUTERS /Ahmed Yosri

Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.

Asian shares drop, commodities sink on virus fears after Lunar New Year break
China central bank injects $174 billion of liquidity on Monday

Gold falls from 4-wk high on China liquidity measures, stronger dollar
Spot gold fell 0.4% to $1,582.82 per ounce by 0145 GMT

Oil extends decline as virus hits China demand
Brent posts steepest monthly decline in Jan since Nov 2018

Yuan, Aussie on tenterhooks ahead of China market re-opening
A$ near decade low; all eyes on Shanghai reopening markets

Mideast Stocks: Gulf tracks global declines on economic fears over China virus
Aramco hits its lowest since IPO

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© ZAWYA 2020

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