Australia's growth outlook dims as China's momentum falters amid coronavirus outbreak [CNBC]
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
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Source: CNBC
The Australian Flag is seen on June 25, 2017 in Melbourne, Australia. Darrian Traynor | Getty Images The new coronavirus outbreak that started in Australia's First detected in the Chinese city of Wuhan, the pneumonia-like virus has infected more than 81,000 people globally and killed over 2,700. Most of the cases have occurred in , where quarantine measures grounded factory activities to a halt for an extended period of time. Economists have said that would affect growth in the first quarter and may extend to the second quarter. is Australia's biggest trading partner and is part of the supply chain for all consumer products, Mathan Somasundaram, a market portfolio strategist at Blue Ocean Equities, told CNBC. "The world looks at Australia as a proxy for . Simply put, they sneeze and we are sick. shutdown will cut into their GDP growth and definitely (would) do damage to Australian GDP growth," he said. That's compounded by the lasting impact from the local bushfires Exports Some of
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MCO
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MCO
Earnings
- 10/22/24 - Beat
MCO
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- MCO's page on the SEC website