Daily Brief
Daily Brief

U.S. equity markets had their worst day since the Black Monday crash of 1987. The Dow fell almost 3,000 points as traders ignored the moves by the Federal Reserve on Sunday. The Cboe Volatility Index, which shows Wall Street’s concerns, posted the highest level ever closing at 82.69.

Daily Brief
Daily Brief

US equity markets fell over 1400 points yesterday, falling into bear market conditions after an 11-year bull market run.

Daily Brief
Daily Brief

The Coronavirus outbreak has hit the world equity markets quite hard as we begin the week, with all major indices in the red in both Asia and Europe and the US equity market set to fall 1,300 points according to Dow Futures...

Daily Brief
Daily Brief

The equity roller coaster continues today as the Dow is currently set to open 500 points lower this morning after yesterday’s positive closing of over 1170 points. Yesterday’s Dow correction took the stock market out of correction territory...

Daily Brief
Daily Brief

The US equity markets staged quite a comeback yesterday, posting their biggest percentage gain since March of 2009. The Dow gained almost 1300 points, reversing the negative move seen all last week.

Daily Brief
Daily Brief

The USD begins the week once again under pressure, while US equity markets look to rebound after last week’s historic fall. EUR and JPY are both higher against the USD, while the GBP is trading lower against the greenback.

Daily Brief
Daily Brief

The USD is trading sideways this morning, giving back some gains made in earlier trading against the EUR, GBP and JPY.

Daily Brief
Daily Brief

The Coronavirus remains the main topic this week, as reports of the virus spreading have traders moving towards safe-haven assets. Italy, which confirmed 3 cases on Friday, has now confirmed more than 130 cases as of Sunday.

Daily Brief
Daily Brief

The Fed released minutes from their January 28-29 FOMC meeting yesterday afternoon and it was stated that the current monetary policy was appropriate.

Daily Brief
Daily Brief

This morning traders will focus on US economic releases. Retail sales for January are expected to rise 0.3%, the same as the December number.