This paper examines the dynamic linkages between the foreign exchange and stock markets for five East Asian countries, including Hong Kong, Japan, Malaysia, Singapore, and Thailand. While the literature suggests the existence of significant Interactions between the two markets, our empirical...

The COVID-19 pandemic and Sub-Prime Crisis are major incidents that happened to the world in almost 13 years. The stock market crashed to the new heights during both incidents. The study made here on five global stock indices represents the intensity of fall and the correlation between the...