Nadia Mansour
The coronavirus out break has cause disruptions and economic development. Economies around the world could be strongly affected by GDP growth, as the prospect of millions of people going out of work and thousands of restaurants and other businesses closing down changes both supply and demand. As a result, global financial markets are experiencing extreme volatility as investors face a multitude of effects the virus could have. "This is an unprecedented moment, whether it is the impact on economic activity, the stock market decline, or the scale of the unprecedented monetary and fiscal stimulus. All indications are that markets will remain highly volatile as long as uncertainties remain about the progress of the pandemic and its implications for the economy. This situation offers trading opportunities in the short term, however, patience remains the key before a more stable and sustainable bull market returns," explains Andreas Ruhlmann, Premium Client Manager IG Bank, April 2020