Assessing Effects of World Health Pandemic on Financial Markets: An Econometrics Modeling Method

Abstract

Global health pandemic and its financial effects are set to run ruin the overall financial market on the world, tossing numerous into a downturn and potentially financial downturn. Financial specialists are alarm selling recently because the corona virus is driving the worldwide financial market into a downturn. After all, the quantities of tainted and spending cases rise strongly and recuperation from the pandemic stays dubious even in created nations, proof of stuns across economies including China, Europe, and also the United States of America is as of now rising. This paper seeks to prescribe a general interpretation of the possible financial markets, gold, silver, and crude oil that put back unpredictability. Then again, the macroeconomic stun of the pandemic, covering monetary exercises or zones including request, supply, production network, exchange, venture, value level, trade rates, and money related soundness and hazard, financial development, and worldwide participation. The paper first presents a general and hypothetical mapping of the presumable macroeconomic effects of the pandemic on an influenced economy and afterward audits the developing proof like the effect mapping to grasp the concept of the consequences. Markets are unstable, and it's difficult to inform where they are going.