|23 March, 2020

Monday Outlook: Stocks crumble, oil slumps, gold drops, dollar surges

More countries shut businesses, tell people to stay home

Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. Picture taken August 22, 2019. REUTERS/String Image used for illustrative purpose

Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. Picture taken August 22, 2019. REUTERS/String Image used for illustrative purpose

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

Stocks crumble as more nations shut for business to curb virus
Asia shares under water, NZ market sinks by record

Gold falls as cash dash overwhelms stimulus measures
Spot gold fell 0.7% to $1,487.83 per ounce by 0101 GMT

Oil markets slump amid coronavirus chaos
Oil prices have fallen for four straight weeks and have given up about 60% since the start of the year

Dollar surges on funding crunch as virus roils global equities
U.S. lawmakers trying to pass fiscal stimulus


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