Coronavirus Update: Asia under attack once again, Shanghai locks down Coronavirus China Asia SP500 RiskAversion
Concerns surrounding the coronavirus in Asia are mounting, as China faces the worst covid outbreak since Wuhan.
Shanghai Health Official said: “Latest citywide COVID-19 testing is aimed at completely eliminating potential hidden risks and clearing all cases as soon as possible.”stock The countries in the Eastern Pacific like South Korea, Vietnam, Singapore, and Australia have seen a surge in cases this month as well. Risk aversion remains in full swing in Asia, as the regional indices tumble 1% to 1.50% while the S&P 500 futures lose 0.34% on the day.
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