Global indexes closed lower last Friday amid intensifying fears over the potential degree of damage the spread of COVID-19 will inflict on global economy and supply chains. Dow Jones and S&P 500 lost 12.4% WoW and 11.5% WoW respectively. 

Global indexes return to post losses particularly Asian equities, as another wave of coronavirus - related risk aversion. Risk-sentiment increases along the rising cases of COVID – 19 outside China. South Korea even announced at the highest level of alert (red-alert) as the cases surpassed over 760 cases, and become…

Global indexes ended higher last week buoyed as data showed that new daily cases of COVID-19 had slowed. While during the week, new daily cases surged due to a change in methodology, equities remained rather resilient as market continued to focus on the rate of new daily cases, and seemed…

Global indexes were closed higher last week buoyed by strong earnings report, job market data as well as stimulus by China’s central bank. US economy added 225,000 jobs in Jan’20, well above consensus’ expectation of 165,000 jobs. In addition, People’s Bank of China has injected CNY1.7trn of liquidity into the…

• Global indexes continue to collapse following the surging negative sentiment of Coronavirus (nCoV) and WHO declaration of global emergency. 

Global indexes closed lower last week, triggered by fears China’s coronavirus will spread outside its border and impact the world economy.

Global indexes mostly closed higher last week due to easing tension between US and Iran as well as optimism on trade deal. On Wednesday, Trump said Iran appeared to be ‘standing down’ after an attack on Iraqi air bases housing US troops. In addition, investors were optimistic about next week’s…

Global markets closed with mixed result last week S&P 500 -0.2% WoW, Dow Jones Index (DJI) flat WoW while MSCI Asia ex-Japan +0.6% WoW.