Global indexes ended the week with a gain as Covid-19 news development and policy easing boosted investors’ confidence. Stock rose on Wednesday after Gilead showed that its drug remdesivir reduced the time it takes for patients to recover by 31%. In addition, the Fed held the rates at the effective…

Global indexes in negative territory through the week due to weak economic data result (Global flash PMIs, German IFO & ZEW, US jobless claims, etc) and high volatility in oil price. WTI oil price has collapsed with the futures contract May expiry falling below USD 0, although it rebound in…

Global indexes rallied last week as positive momentum continues with the continuing evidence that new coronavirus cases have peaked. S&P500 and MSCI Asia-exJ recorded +3.0% WoW and +2.8% WoW, respectively. Investor confidence improved as number of countries are embarking on “exit strategies” to gradually open their economies including the US…

US equities saw the sellers returned and led the indexes into negative territory with industrial and utilities stocks were the worst performers (DJIA-2.7%WoW, S&P-2.1%WoW). President Trump warned of a painful projection for coronavirus deaths will reinforce fears for extended shutdowns that spur more declines in US output and employment. Meanwhile,…

Global indexes ended the week with a strong rebound as investors expecting massive stimulus to be released in the midst of accelerating number of Covid-19 cases globally. In the US, S&P 500 and Dow Jones Index posted +10.3% WoW and +12.8% WoW as investors awaited massive US stimulus package worth…

Global indexes finished another bruising week with sharp losses as panic over the coronavirus outbreak persists amid the acceleration of global death toll. Investors have not yet been comforted by the government’s response to limit the economic impact of the pandemic whose severity and duration is still unclear. Globally, more…

All global indexes witnessed another turmoil as escalating of coronavirus crisis fears and global economy downturn risk (the SPX fell by 8%WoW, MXASJ fell by -10%WoW, NKY fell by -16%). World policy makers (e.g. The Fed, BOE, RBA, BOC, Norway, etc) have propelled support to financial market such as cut…

Global indexes closed slightly higher after posting heavy losses the week before in a wild, volatile week in which VIX shot up to its highest levels since 2011, as global leaders trying to stimulate the economy amid rising COVID-19 cases globally (despite muted increase in China).