Forex

Stocks extended their losses on Friday as the Dow Jones and S&P 500 erased months of hard-fought gains in mere days in a rout that is the worst since 2008.

The S&P 500 and US benchmark indices are suffering their worst slump since the Great Financial Crisis. As sentiment spreads, what can the authorities due to pull us back from the next panic?

This morning brought the release of GDP out of Canada to the tune of 1.9% vs the expectation of 1.6% YoY

The Dow is in historically oversold territory, USD/CAD working on a breakout, and gold is softening despite major risk-off.

The spread of the Coronavirus has prompted a sharp deterioration in risk appetite. Global equities and oil have plunged, while gold shines

The British Pound and London stocks are again, unusually, falling in tandem and the long-term outlook is bleak for both although the FTSE 100 is now heavily oversold and due for a near-term bounce ...

The DAX is at risk of continuing to aggressively decline as part of a broader trend of a selloff in global equities. Eurozone growth prospects continue to darken as COVID-19 spreads.

Crude oil prices joined all other risk-correlated assets in heading lower after Wall Street’s terrible Thursday. Gold was under a little rate pressure, but the market looks well underpinned.

The Japanese Yen may rise if fear about the coronavirus causing a credit crisis puts a premium on liquidity and a discount on growth-oriented assets.

Regional stock markets were naturally hammered following a scary day on Wall Street. Currencies were pressured too, but with broader differences in fortunes as markets price in lower US borrowing c...