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Gold takes another hit below $2,410 as VIX lifts above 50
The volatility index is just now rising above 50 and in fact above 53 right now. That is the highest level for the VIX since it peaked above 85 back 2020, as the Coronavirus gripped the world markets and sent stocks spiralling lower. The rise above there today comes as the US equity futures continue to slump and show little appetite to rebound yet. The VIX tracks the implied volatility of the S+P 500, which was the subject of the prior two updates. At the same time both BTC and Gold have taken another hit. Gold has just a moment ago fallen below $2,410 and hence taken out the los seen on Friday and earlier today. Gold is currently trading at $2,404.60
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S+P 500 tests correction level at 5,750 following US data
The push above 150 noted in the USD/JPY just now has come alongside further gains in the US equity space. So, it seems the service sector beat is...
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USD/JPY rises above 150 following very contrasting US PMI reports
The March US flash PMI data has just now hit the screens. The service sector reading was last at 51 and expect to be unchanged. It has risen to 54.3...
