Pavan Sharma

The number of covid-19 cases continue to grow, now at 168,000 with 6,600 confirmed deaths, so the heightened containment efforts are crucial to see some slowdown. As cases continue to climb rapidly there will still be more market volatility over the near-

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Global markets were hit hard overnight, after the World Health Organisation announced that Covid-19 is now a global pandemic, as confirmed cases reached ~120,000, which saw markets erase the gains it made on Tuesday.

Global markets went into free-fall overnight with the US market down -9.5%, the worst one day performance since Wall Street’s “Black Monday” crash of 1987.