This article was first published on FXTM Global.
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
Markets have been on a roller coaster ride this week. The S&P 500 and Nasdaq 100 have had daily average moves of 1.65% and 2% respectively and while the Chicago Board Options Exchange’s (Cboe) volatility index has cooled down slightly from the highs reached on Tuesday, it still remains elevated around 28. This isn’t surprising given the news developments over the past few days, from President Trump’s Covid diagnosis to him returning to the Oval office, and then his tweet announcing an end to stimulus talks followed the next day by new tweets urging Congress to pass a targeted piecemeal... Read More
To keep reading this article, please navigate to: FXTM Global.