ZFX: Outbreak Fears Cool, Markets Remain Wary
The mood in financial markets improved further, but failed to last, mainly because investors were cautious and remained on alert. Risk appetite continued to flow into the stock market, with the S. and P.P. and Nasdaq hitting record highs for two consecutive sessions, but the Dow rose and then fell, a relatively weak trend. View more
ZFX: Risk aversion seems to be a trend rather than gold prices hovering high
Gold prices did not rise much, but keep an eye on the dollar's strength and remain hovering around $1,570, which is already relatively strong, meaning higher against other non-US currencies. Even as the stock market stabilised on Monday, investors remained cautious, taking in safe-haven assets at the same time, and funds did not flow out of gold and bond markets. View more
ZFX: The market is still upset, with strong Dollar Index and gold price
Financial markets stabilised, investor panic did not fester further, funds returned to the stock market, the S&P and Nasdaq hit record highs. View more