OIL PRICE, GOLD PRICE, EXCHANGE RATE AND STOCK MARKET IN IRAQ PRE-DURING COVID19 OUTBREAK: AN ARDL APPROACH

This study used the econometrics methods to identify interactions among oil price, gold exchange rate, and stock price which represented by (ISX60) index under Iraq pre-during global pandemic of COVID19. The analysis employed daily data categorized into three time periods: full sample COVID19 from 24 December 2018 3 September 2020, pre-COVID19 period 31 30 2019, as well during-COVID19 27 2019 2020 in order measure between variables for each period. To accomplish that correlation matrix, unit root test assure stationary ARDL model granger causality test. output showed different results based on division. Furthermore, accepted null hypothesis no cointegration exists respectively (Full Pre-during pre-COVID19) period, decision could be made about long-run relationship amongst (during-COVID19) while causal short-run effect rate insignificant with exchange.Keywords: Outbreak, Oil Price, Gold Exchange Rate, Stock MarketJEL Classifications: F31, C01, G12, G15DOI: https://doi.org/10.32479/ijeep.11552