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By in World on May 4, 2017
WORLD • Markets
Oil slides nearly 1% on renewed fears over toll from coronavirus
February 21, 2020
Oil prices fell about 1% on Friday on renewed concerns about crude demand being pinched by the economic impact of the coronavirus outbreak, while leading producers appeared to be in no rush to curb output.
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Oil slides nearly 1% on renewed fears over toll from coronavirus
February 21, 2020
Oil prices fell about 1% on Friday on renewed concerns about crude demand being pinched by the economic impact of the coronavirus outbreak, while leading producers appeared to be in no rush to curb output.
Gold surges 1.5% on growing coronavirus concerns
February 21, 2020
Gold jumped more than 1.5% on Friday to its highest level in seven years as investors rushed to the metal's safety due to concerns over the global economic fallout from the fast-spreading coronavirus.
Dollar dented as data disappoints; yen catches a safety bid
February 21, 2020
The U.S. dollar fell across the board on Friday after a survey of purchasing managers showed U.S. business activity in the manufacturing and services sectors stalled in February and as investors fretted over the fast-spreading coronavirus.
China stocks rise as Beijing says work resumption is speeding up
February 20, 2020
China's Ministry of Commerce said Friday that the resumption of work has been rapidly increasing in major foreign trade provinces such as Guangdong and Jiangsu.
Broadly strong dollar grinds yen to 10-month low
February 20, 2020
The yen fell past 112 to a 10-month low against a broadly stronger U.S. dollar on Thursday, extending recent losses for the Japanese currency as investors fretted about dire economic news out of the country.
Gold climbs to 7-yr high as virus woes boost safety demand
February 20, 2020
Gold prices rose to their highest level in seven-years on Thursday as investors sought safe haven assets after a rise in the number of new coronavirus cases in South Korea added to worries over the global economic impact of the outbreak.