News

Global ma​rkets​ continued to tumble on Friday​ as fears of economic damage intensified with the global tally of coronavirus cases crossing 100,000, sending investors scurrying to safe​ havens. Markets mostly shrugged off the latest US jobs report, which

08-Mar-20

Volatility is not expected to abate any time soon, ​and we think the turning point will come as growth in the number of new cases outside of China peaks. While we do not see a sustained sell-off, we think it is too early to be broadly buying in this marke

Congress authorised nearly $8 billion for virus prevention with speculation other banks and governments would follow suit and a surprise US presidential primary result. With Joe Biden winning the majority of state primaries it spurred investor confidence 

Global markets were lower overnight, as the US market (S&P 500) fell -2.8% after a surprise 50 basis point interest rate cut by the Fed. The US Central bank cut rates to shield the US economy from the impact of the coronavirus, which spooked investors int

Global markets surged higher overnight, as investor sentiment flipped as stewards of the world’s largest economies said they would work together to offset any impact from the spreading coronavirus