Chris Weston

These are strange times for global markets. When you see a 425-point reversal on the Dow Jones and a 48-handle move in the S&P 500 on limited news, you know things are not quite right. You could easily explain the confusion with a quick assessment, as oil prices are sitting at $46, CME copper at $2.45 p/lb and US 10-year treasuries at 1.90%, while the S&P 500 is at 2023! Central banks have been fundamental in herding investors into various assets, although the falls in energy prices have also been a major factor. (VIEW LINK)



Comments

Please sign in to comment on this wire.