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Global Economic Impact in Stock and Commodity Markets during Covid-19 pandemic

Author

Listed:
  • Arhan Sheth

    (Anand Niketan School)

  • Tulasi Sushra

    (Pandit Deendayal Energy University)

  • Ameya Kshirsagar

    (Symbiosis Institute of Technology)

  • Manan Shah

    (Pandit Deendayal Energy University)

Abstract

The outbreak of the novel coronavirus led everyone globally to face various setbacks. Such a sector that oversaw several shocks worldwide was the financial sector, namely the stock and the commodity markets. Both the markets had different and unprecedented reactions in the different corners of the world. This was due to several reasons like government intervention, welfare policies, investor behaviour etc. This paper discusses that topic in further detail, with examples and studies from all around the planet. The main objective is to expand the pre-existing knowledge on how different regions had different reactions to the pandemic and the policies that it brought along. The stock market, in general, faced an adverse shock that led to low investments and careful foreign investment. The commodity market saw the prices of all commodities on an upward trend except for gold which observed a downward trend. Moreover, this paper also discusses the future scope and the challenges that might be faced by the markets further down the line.

Suggested Citation

  • Arhan Sheth & Tulasi Sushra & Ameya Kshirsagar & Manan Shah, 2022. "Global Economic Impact in Stock and Commodity Markets during Covid-19 pandemic," Annals of Data Science, Springer, vol. 9(5), pages 889-907, October.
    • Handle: RePEc:spr:aodasc:v:9:y:2022:i:5:d:10.1007_s40745-022-00403-x
    DOI: 10.1007/s40745-022-00403-x
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    2. Chen, Yanan & Qi, Haozhi, 2024. "Dynamic interplay between Chinese energy, renewable energy stocks, and commodity markets: Time-frequency causality study," Renewable Energy, Elsevier, vol. 228(C).

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