News

Global markets rallied strongly overnight with the US market (S&P500) surging +9.4%, on optimism congress is closer to enacting a $2 trillion stimulus bill to prop up the economy as we enter a recession.

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

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%.

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 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

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 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.

​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