Once again, the rise in government bond yields is acting as the catalyst for the sell off in stocks.
Gold prices dropped by about 2% since yesterday, to record their lowest levels since March 9
Only two weeks ago market talk was about how high cable might trade. Views were given that a return to pre-EU referendum levels by end-year was feasible; other
Gold prices rose in 2020 to their highest levels ever near $ 2,075 an ounce, in light of the spread
American stock markets fell today, as European stock indices witnessed a significant decline due to fears of a second wave of the Coronavirus pandemic. This potential return to crisis levels of infection could delay the global economic recovery that has been anticipated – or hoped for – in second half of the year.
During the past week, we witnessed several important economic surprises, including the European Central Bank raising the value of the pandemic purchase program by €600 billion and extending it to June 2021.
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