Economy

The S&P 500 has risen to a fresh record high on Thursday, and the Vix index has dipped below 10.00, as the risk rally marches on for another day.

The day started with another wave of selling in the early session, defying some expectations that the markets are due a recovery. European indices are down more than 1% so far today, while the gold price has reversed course and is $10 higher at $1,264 at the time of writing. US index futures are also pointing to a hefty sell off in the US indices wh...

After looking like the markets may take a respite from the selling pressure triggered by a US political crisis first thing this morning, the sell-off in risky assets is now back with gusto. European indices are down more than 1% so far today, while the gold price has reversed course and is $10 higher at $1,264 at the time of writing.