# World stock markets slip on second wave virus fears, safe-havens rise

> World stock markets slipped on fears of a second wave of coronavirus infections, prompting safe-haven flows. US Treasury yields fell while crude oil rose as lower US gasoline and distillate inventories pointed to firmer fuel demand.

- Date: 2020-06-18 · published 2020-06-18T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/52809-world-stock-markets-slip-on-second-wave-virus-fears-safe-havens-rise
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Higher crude prices on firmer fuel demand raise energy-linked costs for feed transport and processing, while risk-off sentiment pressures broader commodity prices.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2017-02-01 | [Oil Rises To 3-Week High as Dollar Slips, OPEC Cuts Output \| Stock News & Stock Market Analysis - IBD](https://feedsoft.ai/events/72672-oil-rises-to-3-week-high-as-dollar-slips-opec-cuts-output-stock-news-and-stock.md) | -1.1% | +2.0% |
| WTI | 2020-09-28 | [Oil up 1% on economic hope; virus fears check price gains \| Financial Post](https://feedsoft.ai/events/51280-oil-up-1-on-economic-hope-virus-fears-check-price-gains-financial-post.md) | -7.9% | -0.9% |
| WTI | 2022-07-01 | [Palm oil falls 4% on recession fears, higher supply outlook - Markets - Business Recorder](https://feedsoft.ai/events/6225-palm-oil-falls-4-on-recession-fears-higher-supply-outlook-markets-business.md) | -0.9% | -6.2% |
| WTI | 2024-01-18 | [Oil prices rise on global demand forecasts, US crude stock draw](https://feedsoft.ai/events/32278-oil-prices-rise-on-global-demand-forecasts-us-crude-stock-draw.md) | +3.6% | +5.8% |
| WTI | 2020-06-08 | [Stocks get a boost from US jobs data, oil rises after OPEC+ deal \| Financial Markets \| Al Jazeera](https://feedsoft.ai/events/52791-stocks-get-a-boost-from-us-jobs-data-oil-rises-after-opec-deal-financial.md) | -8.3% | +2.6% |
| BRENT | 2020-09-28 | [Oil up 1% on economic hope; virus fears check price gains \| Financial Post](https://feedsoft.ai/events/51280-oil-up-1-on-economic-hope-virus-fears-check-price-gains-financial-post.md) | -6.7% | -0.4% |
| BRENT | 2022-01-27 | [Bond yields rise, rupee falls on US Federal Reserve policy and crude prices \| News on Markets - Business Standard](https://feedsoft.ai/events/43416-bond-yields-rise-rupee-falls-on-us-federal-reserve-policy-and-crude-prices-news.md) | -0.2% | +8.2% |
| BRENT | 2026-09-28 | [Rand weakens as oil prices rise and rate-hike fears support dollar](https://feedsoft.ai/events/17765-rand-weakens-as-oil-prices-rise-and-rate-hike-fears-support-dollar.md) | +6.5% | +1.3% |

## Sources

- reuters.com: https://www.reuters.com/article/world/world-stock-markets-slip-on-second-wave-virus-fears-safe-havens-rise-idUSKBN23P000/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.