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Global markets continued to sell-off overnight, but the losses were less severe than the brutal sell-off in the previous session as technology stock outperformance helped limit losses. Gold surged 2.4% as its safe-haven status saw buying from investors.  

High growth Tech stocks such as Amazon and Netflix were hit the hardest, as rising Treasury yields and trade-related worries sapped investor risk appetite.

Global markets were mixed overnight, as stocks on Wall Street rose for the first time in four days, boosted by a rebound in technology stocks, but gains were kept in check after the International Monetary Fund said the China-US trade war would slow global

Stocks across Asia were hit hard as the Chinese market re-opened after a holiday period, with China’s Shanghai Composite Index dropping over -3%.

Global markets sold off on Friday, as the US unemployment rate fell to near a 49-year low of 3.7%, pointing to a further tightening in labour market conditions.

Global markets sold off overnight, with stocks on Wall Street experiencing the biggest drop in about 4-months, falling from record highs.

Italy is back in the headlines, with renewed jitters over Italy’s budget deficit as the European Commission warned of a Greek-style crisis looming in Italy.

Closer to home, the Reserve Bank of Australia (RBA) held its cash rate steady yesterday, as the central bank showed no signs that fallout from the royal commission and an accelerating house price decline will deter it from a patient policy stance

Wall Street was helped by a last-minute deal to salvage NAFTA as a trilateral pact. US President Donald Trump on Monday said a new free trade agreement with Canada and Mexico would support hundreds of thousands of US jobs, marking it as a victory in his p