fears about the economic fallout from the new coronavirus weighed on asian markets monday as the death toll in china from the epidemic rose and infections topped 70,500.
番茄红包扫雷靠谱吗after wall street's muddled performance on friday and us markets closed monday for a holiday, traders turned their attention to grim economic news in the region.
番茄红包扫雷靠谱吗japan's economy suffered its worst quarterly contraction in more than five years, while singapore cut its growth forecast for this year as the virus batters the city-state's tourism and trade.
番茄红包扫雷靠谱吗that comes after europe's largest economy germany on friday reported zero growth in the last quarter of 2019.
while investors are comforted by a slowdown in new infections outside hardest-hit hubei province in recent days, they might be less sanguine if china's economy takes a worse-than-expected hit, said stephen innes of axicorp.
"if it comes out bad enough for confidence to plummet, investors could quickly find themselves up the creek... without a paddle," innes said in a commentary.
番茄红包扫雷靠谱吗"financial markets are not known for their rational thinking lately and given the 500 million or so mainlanders affected by the (covid-19) quarantine... it's also not hard to come up with more downside risks than upside ones right now."
a spokesman for china's national health authority said the slowdown was a sign the outbreak was being controlled.
however, world health organization chief tedros adhanom ghebreyesus has warned it is "impossible to predict which direction this epidemic will take".
tokyo's benchmark nikkei 225 index was down 0.6 percent after the economy shrank 1.6 percent in the three months to december from the previous quarter, even before the novel coronavirus outbreak in china hit japan, official data showed.
"concern over the virus is only intensifying and the mood of self-restraint is going to spread more broadly. i'm becoming downbeat on japan's economy," takashi shiono, an economist at credit suisse group, told bloomberg news.
番茄红包扫雷靠谱吗after dipping at the open, hong kong was up 0.7 percent. mainland china's benchmark shanghai composite index was 1.1 percent higher.
elsewhere, sydney fell 0.1 percent, taipei shed 0.51 percent and seoul was flat.
番茄红包扫雷靠谱吗- monetary stimulus - china has been praised by the who for its transparent handling of the outbreak.
番茄红包扫雷靠谱吗there is still scepticism among the global public, with suggestions that beijing may be hiding the true extent of the virus the way it did during the 2002-2003 sars epidemic.
番茄红包扫雷靠谱吗but investors have been betting that central bank action -- particularly in china -- will counter the economic impact of the virus and have positive knock-on effects for emerging markets.
"if the chinese economy does recover and you've added all this fiscal and monetary stimulus into it as well, the situation could be that you have much stronger emerging markets into the second half" of the year, sunny bangia, a fund manager at antipodes partners, told bloomberg tv in sydney.
"a lot depends on how this virus gets contained and if it can morph into something more minor."
番茄红包扫雷靠谱吗china is the world's biggest importer and consumer of oil, and crude prices have been particularly sensitive to the epidemic.
global oil demand will suffer its first quarterly drop in a decade as the virus lashes china's economy and its impact ripples throughout the world, the international energy agency warned last week.
the main contracts have reacted mildly to the news. brent crude slipped 0.2 percent and west texas intermediate was flat.
- key figures around 0300 gmt -shanghai - composite: up 1.1 percent at 2,949.17
hong kong - hang seng: up 0.7 percent at 28,009.93
番茄红包扫雷靠谱吗tokyo - nikkei 225: down 0.6 percent at 23,537.03
番茄红包扫雷靠谱吗dollar/yen: up at 109.83 from 109.74 at 2200 gmt friday
pound/dollar: up at $1.3047 from $1.3046
euro/dollar: up at $1.084 from $1.083
番茄红包扫雷靠谱吗euro/pound: up at 83.08 pence from 83.01 pence
番茄红包扫雷靠谱吗brent crude: down 0.2 percent at $57.19 per barrel
west texas intermediate: flat at $52.04 per barrel
new york - dow: down 0.1 percent at 29,398.08 (close)
london - ftse 100: down 0.6 percent at 7,409.13 (close)
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