A report from Wells Fargo points out that Switzerland and the Eurozone may be among the most economically exposed advanced nations to a global pandemic scenario, while Korea and Singapore look to be relatively more exposed than most other emerging economies. They add that the US and emerging economies in Latin America seem to have relatively less exposure. Key Quotes: “As the coronavirus spreads across the globe, it is becoming increasingly difficult to nail down the global effects of the virus and the associated economic disruptions.” “Our analysis suggests that Switzerland and the Eurozone may be among the most economically exposed advanced nations to a global pandemic scenario, while Korea and Singapore look to be relatively more exposed than most other emerging economies. In contrast, the U.S. economy and emerging economies in Latin America seem to have relatively less exposure.” “Among advanced economies, Switzerland is far and away the most globally exposed, which may in part reflect its status as a global banking center. In fairness, that activity may not be as significantly affected as traditional goods exports, but the number still looks relatively concerning.” “Among emerging economies, Singapore is the most globally exposed by a substantial margin, unsurprising given its status as a major intermediary in global trade flows.” “Among the countries that have relatively less exposure to a global pandemic based on our metrics, the United States stands out among advanced economies, particularly on the demand side. Meanwhile, Colombia, Turkey and Mexico are among the least exposed on both supply and demand metrics, while in general we note that the Latin American region as a whole seems to have relatively less exposure, particularly compared to emerging Asia.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BOC’s Poloz: Rate cuts are a blunt tool but can help consumer confidence FX Street 3 years A report from Wells Fargo points out that Switzerland and the Eurozone may be among the most economically exposed advanced nations to a global pandemic scenario, while Korea and Singapore look to be relatively more exposed than most other emerging economies. They add that the US and emerging economies in Latin America seem to have relatively less exposure. Key Quotes: “As the coronavirus spreads across the globe, it is becoming increasingly difficult to nail down the global effects of the virus and the associated economic disruptions.” “Our analysis suggests that Switzerland and the Eurozone may be among the most economically… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.