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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.

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 were higher overnight as market’s recovered most losses from ‘Black Monday’, with the US market (S&P500) climbing up +4.9% after US President Donald Trump announced  fiscal stimulus measures to curb the economic impact from the coronavirus

The Australian market (ASX 200) plunged -7.3% yesterday, its worst day of trade since the global financial crisis wiping $137 billion from the value of shares. The moves in oil prices only magnified a market already rattled by rising concerns about the th