Us economy

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.

<p>The March US labour market report was full of surprises – Non Farm Payrolls came in at 98k, nearly 50% less than the market expected, […]</p>