Pavan Sharma

Global markets sold off on Friday (S&P 500 Index -2.4%) as covid-19 cases continue to surge weighing on sentiment.

Global markets were up overnight (US market S&P 500 +0.4%) as improving economic data and the prospect of more stimulus bolstered hopes of a swift recovery.

Global markets sold off overnight (US market S&P 500 -2.6%) experiencing one of its heaviest falls in two-weeks as a continued surge in US covid-19 cases intensified the fears of another round of government lockdowns and economic damage.

The market is placed in an interesting position, the bulls making a case for the fact that the opening up is going much better than expected with better than expected retail sales and jobs data, while bears are looking at the number of covid-19 cases whic