News

We are in a fast-moving and fluid situation with regards to the impact of corona-virus on financial markets.

Global markets were down overnight, as the US market (S&P500) fell -5% in another volatile session as the economic fallout from the pandemic outweighed relief packages from major governments and central banks.

Global markets largely were up overnight, as the US market (S&P500) climbed +6%, with all sectors up except energy as oil prices (WTI crude) slipped another -3%.

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-

Global markets rallied on Friday as volatility continued, with the largest one-day rally in the S&P500 since Oct 2008. Shares in New York rebounded after President Donald Trump unleashed $US50 billion in funds to offset the impact of the coronavirus, prin

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